Your funds are held by you and only you. Funds are used in the account for trading Forex only, and you are the only person with direct access to your funds.
No one can withdraw funds from your account at any time.
You can also withdraw your funds or stop trading at any time without penalty. This puts you in control of your investment.
View all trades in your account using your own personal login access.
The MAM automatically calculates the trade lot size for each independent investor based on the individual account balance.
This ensures that the risk and profits are the same for each investor. So if there is a 5% gain in the Aforex MAM account , this means that all clients in the MAM would receive a 5% gain in their account.
Requirements and Fees
Recommended, but not required.
$5000 USD or more.
(Pepperstone is not able to accept applications from applicants in the following countries: United States of America, Japan, Burma, Canada, Côte d’Ivoire, Democratic People’s Republic of North Korea, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Iran, Iraq, Lebanon, Liberia, Libya, Somalia, Sudan, Syria, and Zimbabwe.)
- SETUP FEE: A one-time setup fee payment of $295 to as an administrative fee to add you to our MAM.
- PERFORMANCE FEE: 30% of profit only based on high-watermark. That means, if you don’t make money, we don’t get paid.
Basically, the LPOA (Limited Power of Attorney) is a signed agreement that links your trading account to the Aforex MAM and that your account will be traded along with the Aforex strategy. The LPOA explains the risks involved and states that AForex will receive 30% high watermark commission, which is the industry standard.
You can revoke your LPOA at any time.