To create a Strategy Account:
After selecting the "ECN Zero Account", you will have the option to choose the ‘Become a Strategy Manager’ option and then create a unique name for your Strategy account. Please note that the name of your Strategy Account will be made public on the Ranking Page and Public Monitoring Page on the FXTM website. You can edit the name in the future.
Your Success Fee will be set to 30% by default. This fee is the percentage you will receive according to the profits you generate for your Investors during the Payout Interval. You can change you Success Fee at a later date in MyFXTM.
You have two ways of funding your Strategy Account, either by internal or external transfer. There is a wide variety of external payment methods available, which you can compare and contrast in order to choose the one that is best suited for you, or you can transfer funds internally between any of your live trading accounts by submitting an Internal Transfer request from within your personal area in MyFXTM. These transfers are free of charge, however, conversion rates may apply if the accounts are in different currencies.To make a deposit to a Strategy Account
To make a deposit to a Strategy Manager:
1. Internal Transfer from a funded trading account
2. External Transfer: Deposit funds from the Bank, with a Credit Card, and with other payment methods.
Your funds will be transferred to your Investment Account shortly thereafter and an email confirmation will be sent to your email address.
Please note that in the case that investors are already following this Strategy Manager, a deposit request will only be processed when all open positions in the Strategy Account are closed.
In order to make a withdrawal from your Strategy Account, you will need to login to MyFXTM, click on My Accounts found on the left sidebar of the webpage and click ‘Accounts Overview.’ Here, you can select the appropriate Strategy Account for withdrawal (in case there is more than one) and press the “Withdrawal” button (when you drop down the menu next to ‘Deposit’).
There are 2 types of withdrawals:
2. Internal Transfer to existing trading accounts:
Please note that in the case that investors are already following this Strategy Manager, a withdrawal request will only be processed when all open positions in the Strategy Account are closed.
There are 2 ways to see Public Monitoring page for my Strategy Account:
Through the Public Monitoring page, the Strategy Manager has the ability to publish the statistics of his trading performance on the official FXTM website.
On the Trading Review tab there are detailed statistics and information based on the Strategy Manager’s closed trades. These statistics are updated on a daily basis.
The Common tab provides charts and statistics on an hourly basis according to a percentage change of the Strategy Manager’s equity. This is a good indication of the Strategy Manager’s current performance.
The Top Ranking Strategy Manager page shows Strategy Managers’ key statistics and ranks according to their overall returns (minus the Strategy Manager’s Fee), while taking into consideration the following:
You must first log in to MyFXTM and under My Trading Accounts click on the appropriate Strategy Account. To change the Fee percentage, click the “Edit” button next to the “Fee” under ‘Account Details’. Then you can adjust accordingly and click “ to proceed.
Please note that the new Fee percentage will be applicable only to new Investment Accounts. Investors whose Investment Accounts were associated with the Strategy Account before the new fee was established, will continue to pay the initial Fee %.
You must first login to MyFXTM and under My Trading Accounts click on the appropriate Strategy Account. From here you can click on “Investors” to see a complete list of all the Investors and the total funds currently invested in your Strategy Account. To see the total fees received, you must click on the “Fees” button. In both cases, you can choose to view the information as a ‘Graph’ or with ‘Details.’