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What is Online Forex Trading? Forex is a short form for foreign exchange, and foreign exchange trading is the act of buyingone currency with another. Somtimes US Dollars are bought with British Pounds, and other time Yens are bought with Euros. There are many different currencies traded, although a few combinations are traded most heavily because they are backed by large economies, and because they are having the the greatest number of factors affecting their value against other currencies. Trading has unlimites potential. How long has SMARTACTONS CLUB has been tarding? SMARTACTIONS CLUB has been running since September 2006 but the traders' experience in forex trading goes back to 2000, the About us sectionon this website gives more information. What is Leverage? Leverge is boosting the unit value from one to fifty, hundred, two hundred, or even higher, in another words, the one unit of currency multiply when trading, Leverage offered vary from 25:1 and 500:1, most commom leverge is the 100:1 and the 200:1, forex brokers decide the level of leverage offered, Investor may select higher leverag for more potential profits, the more levelrage is selected, the more risk is built, more skills of trading are needed to manage trading by higher leverages. What is the maximum risk? Each investor has specific goals over time, risk levels differenciate according to financial goals, fund size and time plan fo the investor. We find that some investors selected low risk levels while some otheres selected to go to high risk levels, both have the same size of fund. Risk level will vary from inverstor to investor and risk aversion. SmartActions Club team will discuss all of these matters with all investors and let investors to determine the level of risk for their own funds in trading. Does SMARTACTIONS CLUB hold my money? No. SmartActions Club may only trade your fund on your behalf according to the local power of attorney that you sign authorizing the Club to trade your fund with the broker. SmartActions Club does not hold or receivea ny fund for any purpose. Investors may deporit funds with the custodian bank of the brokerage compnay,and will have the to withdraw or add at any time they decide. How does SMARTACTIONS CLUB make money? We sell ourselves on our ability to make your money grow. Ans so we beleive it is only fair that we make our money only when investors make money. Our share of profit is calcualted on realized achieved profits and higher water mark. Unlike many money managers, we won't charge investors every tiem we trade, we only start charging investors when we make profits for them. Are funds secured? As with any type of investment, there are risks. Forex trading presents to educated and experienced investors, who are willing to take above-average risk, an opportunity for making above average returns. Before deciding to particiapte in any form of forex trading, investors should carefully consider their investment objectives, level of experience and risk appetite. Most importantly, do not invest you can not afford to lose. How do I access my account or my fund? As a client, you have full access to yoru trading account online via the broker trading paltform. Your account is in your name only, and only you will have access to yoru funds. You can make deposits and withdrawals whenever you need, as long as there are sufficient fund in your account to cover the withdrawal and maintain any open position. What is the minimum fund required to have my account managed? It is 10000.00 USD, for more levels of investments please click here. |