We offer CopyTrading, as well as a PAMM. So, you have the choice, however, one can only participate in the PAMM with an investment from 1000€.
For that, however, there are significant advantages. These can make a return difference of approximately 250% to 1100%. This comes from the fact that in a PAMM, capital is compounded much faster: for example, if you trade on a 500€ account with 0.01 Lot, the account must first double before one can speak of compound interest. With a 100k account with 1 Lot, after just 1%, you switch to 1.01 Lot, thus creating strong compound interest.
The PAMM account is considered a form of capital management for several traders. The broker controls the share calculation, grants all traders the same rights, and allows the portion of the total capital belonging to each to be paid out at any time.
So, we don't have access to the money (everyone keeps that with themselves), we only have the right to trade the funds.
Since we trade depending on market conditions, it's hard to say. If it's a day that is illiquid and very volatile, sometimes we stay away and there are 0 trades, just as there are days where there are up to 50 trades.
For that, however, the market has to cooperate. Our approach is rather to protect capital than to increase it (Better safe than sorry).
Our return target is 1% per day, thus we have an annually compounded return of approximately 1100%, due to the effect of compound interest. We often exceed this return target. Of course, there are also bad days in trading, but the averages are important.
Of course, you can always withdraw your money and have sole control over it.
Of course, you can always withdraw your money and have sole control over it. You can compare it to a bank account: you are the only one who has access to the money and you only give us the right to place trades. When deposits and withdrawals are made is 100% up to you.
Legally this is also not possible any other way since our partner broker is regulated by the FSA (Financial Regulatory Authority e.g., BaFin) and must always pay out like a bank.
In our VIP group, you get access to our trading ideas, our AI scalping algorithm, as well as over 100 hours of video material and a collection of eBooks that provide additional support. We currently also offer exclusive access to pre-market crypto pre-launches where the SSFX community gets first access.
We understand that you have already had bad experiences. Perhaps it's a consolation that we have all paid our tuition and have come so far only because of that.
Since we want to distance ourselves from all the dubious offers, we also only work with a profit share, so we only benefit from it if you also benefit from it.
PuPrime is, in our opinion, the best broker for our project. Collaborations with JP-Morgan, Santander, or City-Bank can only be presented by a few.
Bad reviews about OffShare brokers are everywhere, e.g., RoboForex, ThunderForex, etc., this is usually either due to competitors giving bad reviews or because people don't read the promotional terms or the AMLC (AntiMoneyLoundryCompliance). We have been working with PU for over a year now, we have never had any problems that were not quickly resolved. We also know the people behind the broker personally and vouch for this broker, where our customers also enjoy the lowest spreads.
Furthermore, PacificUnion is even much safer regarding the deposits of customers. With RoboForex or other Cypriot brokers, the money is in a bank in Cyprus, where, as happened in 2014, there is a risk of mass expropriation of banks. PU's banks are in Australia and are therefore subject to strict deposit insurance laws.
To be precise, it is not just one system but dozens that run on one account with good risk management.
We don't like the term EA or Bot because such fixed systems do not work long-term due to the flow of the market or have no stop loss. For this reason, we use algorithms that are adapted daily, and at the latest weekly, to the current market flow and are monitored by traders (semi-automatic trading and fully automatic for you through simple copying).
We work with tight stops of max. 2-3% per trade.
With the Freedom Project, you have significant advantages. On the one hand, you have optimized strategies that, due to the capital limitation of a 500€ account, you can only implement on a 1000€ account. In addition, you benefit from our professional MultiManagement Accounts (PAMM accounts) and have much stronger compound interest, so you achieve a compound interest return of 1100% with just one percent per day.
Furthermore, you get valuable coin tips in our VIP group, as well as a video library with over 100 hours of video material and eBooks. For the Freedom Project, a one
The question about total loss is a very good one, because many systems on the market make a lot of profit, but also have no stop and everything can be gone from one day to the next. I would like to reassure you that this is not possible with us, we work with a stop of approx. 2-3% per trade (depending on the strategy of the algorithm).
We work with a high watermark, which means that a performance fee is only taken at an all-time high: This means that if, for example, we started at 1000 and we had a setback to 900, you would not pay any performance fees until we were back at 1000.
Our systems have been running on the live market for 5 years, since then the systems have been updated almost daily, because this is the only way long-term systems work. Meanwhile, we backtest the last 3 years weekly to always have the latest data.
With us, you get the whole thing completely free of charge, we only take a small portion of your profits, so we also have something from it.
This means at the same time we only earn something if we do a good job for you and generate returns for you. You only have to deposit at least €500 and €1000 for the Freedom Project. At €2000 you even get our Crypto Investment Academy included.
With our broker, you get the lowest spreads (fees); with a spread of 0.7, you pay about $7 per lot, so $7 per $100,000 trading volume. If your account grows or you top up higher amounts, the whole thing drops even further to $1 per lot. You won't find it that cheap anywhere else.
We work with an in-house developed algorithm that runs on 12 pairs: AUDCAD, AUDNZD, AUDCHF, AUDUSD, NZDUSD, EURNZD, XAUUSD, NZDCAD, EURCAD, CADCHF, EURAUD, USDJPY.
Each currency pair has a stop loss of 1-2%, so even if all systems fail (which has never happened), a maximum total loss of 20% is generated. The return target is 20% per month.
Our systems only run on our partner brokers.
This is simply because in order to get adequate regulation via a liability umbrella, we can only offer our systems as fund managers via the corresponding partner broker.
Should the account go negative, the support will simply balance it out; something like an obligation to make additional contributions no longer exists.
For tax purposes, only your net profit has to be taxed because that is also the only thing that is paid out by the broker; our profit participation has nothing to do with your tax.
Example: We generate €1000 profit; you have to give us €250 (happens automatically via the broker); so you only have to tax the €750. I don't know your individual tax rate or jurisdiction; moreover, I am not allowed to give you any tax tips, as this requires a license as a tax advisor in our jurisdiction.