GO TO FREQUENTLY ASKED QUESTIONS 1 - 10
GO TO FREQUENTLY ASKED QUESTIONS 11 - 20
GO TO FREQUENTLY ASKED QUESTIONS 21 - 30
GO TO FREQUENTLY ASKED QUESTIONS 31 - 40
1) Which brokers can
I open accounts and sub-accounts with if I only have a BC address?
Due to
the NFA & BC Security Commission rules
and
regulations, most North American brokers will not accept BC residents.
Varengoldfx Bank in
Yes, your money is deposited into a segregated account type, and it belongs to you, and not the bank. In the catastrophic event that the banks go into bankruptcy, your money belongs to you and the creditors cannot touch the money since it does not belong to the bank.
3) How can I withdraw
money from my account?
You will need to submit a withdrawal request form to your Forex broker or Forex bank. If you deposited the funds using your credit card, the broker can credit the funds back only to the same credit card. If you deposited the funds using wire transfer from your bank account, your broker will only transfer the funds back to the same account, not your spouse’s or children’s account, or any other accounts. This is to protect you against fraud and unauthorized withdrawals.
4) What is the
minimum dollar amount required for a trading system?
You can start out as small as $500 to build trust with a trading system. Using micro lot trading, one pip is equal to $0.10 USD.
5) Do I need to do
anything when the systems are trading my account?
You
just need to follow our easy 3 steps process:
1) Open
account. 2) Sign up for our service. 3) Sit back and relax.
6) Why are there multiple
Forex systems?
Each currency pair has different characteristics. Some are more volatile and some are more trending; hence, it will not be profitable to apply the same algorithm for different currency pairs.
7) If I have $10,000,
can I trade using two systems?
Yes, you can open two accounts and split the deposited money evenly between the accounts. For example, one account could be trading with Mellisa and another account could be trading with Sienna.
8) Do the trading
systems use Martingale money management?
No, Martingale trading would double the trading lot size after every loss, so that the first win would recover all previous losses, plus the profit equal to the initial trade. This is a really poor money management strategy applied to gambling, and should not be applied to trading.
9) Is it true that it
is better to use two or more trading systems at the same time?
Yes, this is called diversification, and it is spreading out investments to reduce risks. If one system is going through a drawdown period, another system may be doing well; hence, the overall results may still be very good.
10) Can I run all 5
trading systems using a single account?
GO TO FREQUENTLY ASKED QUESTIONS 1 - 10
GO TO FREQUENTLY ASKED QUESTIONS 11 - 20
GO TO FREQUENTLY ASKED QUESTIONS 21 - 30
GO TO FREQUENTLY ASKED QUESTIONS 31 - 40
Your new website CTSFOREX looked much better, more complete, and trustworthy. I was concern prepaying for the service but I jumped at the $1 trial offer. It turns out great and I would recommend others to you.
-Linda A. UK
