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1. What is an alternative investment?
An alternative investment is an investment other than conventional investments such as stocks, bonds, mutual funds and exchange-traded funds (ETFs). Managed forex is one type of alternative investment. Many alternative investments including managed futures and managed forex accounts offer the use of a high degree of leverage, which can produce either significant gains or losses.
2. Are your trading programs suitable for all investors?
No, definitely not! Alternative investment programs, including managed forex programs such as those listed on our site, are speculative in nature. Only true risk capital should be used. Never invest what you can not afford to lose.
3. These results sound "too good to be true". How can it be proven that the system really works?
We can't really answer that question directly since we are not the traders of these managed accounts. However by investing our own funds with a managed account for a period of time we are able to gain an understanding of the trading strategies and the risk management used. We believe that the managed accounts that passed our test will stand a much better chance of surviving for the long term than the vast majority of managed accounts offered on the internet.
4. I don't know anything about forex. Can I still benefit from a managed forex account?
It is not necessary to be a forex trader yourself to intelligently invest in a managed account. We encourage you to more fully educate yourself about forex, and we offer here on our site numerous educational Resources and links to other sites, as well as an offer to send you our Managed Forex booklet.
5. My Investment Advisor recommends diversifying my assets. Do managed forex accounts have a place in a traditional portfolio?
Yes, allocating a percentage of your total assets to an alternative investment, uncorrelated to the stock & bond markets such as managed forex accounts, has historically shown an ability to provide a portfolio with better balance, reduced risk, and improved overall performance.
6. What is a Commodity Trading Advisor?
A Commodity Trading Advisor (CTA) is an individual or a firm, registered with the Commodity Futures Trading Commission(CFTC), that receives compensation for giving people advice on options, futures and the actual trading of managed futures accounts. Registrations for CTAs are done through the National Futures Association, a self-regulated organization responsible for reviewing and accepting registrations. Please note that at this time forex traders are not required to be registered as CTAs to manage clients' accounts.
7. Where will my managed account be set up to trade?
Your account will be set up at one of many forex brokerages depending on the specific managed forex account you decide to open.
8. How are managed accounts traded?
In most cases the trader uses software provided by the brokerage to trade/manage multiple client accounts as one account. The PAMM (Percent Allocation Management Module) distributes gains, losses and fees on an equal percentage basis. In this way all accounts regardless of size obtain the same percentage returns. The LAMM (Lot Allocation Management Module) allows the trader to allocate different trade lots to each account. That way the trader has the flexibility to use different leverage to suit the needs of each client.
9. Are your policies, practices and activities monitored or regulated by any government agencies?
Yes, the NFA monitors managed forex trading in the USA.
10. Will I be able to access my account?
Yes, you will be provided with read only access to your account either through an online report viewer or the trading platform. You can view the account, including balance and activities, but you will not be able to place any trades.
11. Does the trader have access to my money and why do I need to sign a Limited Power of Attorney (LPOA)?
No, the trader does not have access to your money and cannot transfer, deposit, or withdraw your funds except for the fees specified on the LPOA. Your account is set up directly with the brokerage who clears all transactions and handles all transfers, deposits, and withdrawals. It is necessary for you to sign a Limited Power of Attorney (LPOA) to authorize the brokerage to allow the trader to direct the trading of your account.
12. Does Managed Forex Pro invest their own funds into the managed forex accounts offered?
Yes, the principals of Trimmer Capital Management invest with both personal and IRA accounts with most or all traders offered to our clients.
13. Can I trade my IRA account in managed forex accounts?
Yes, in most cases it is possible to open a forex account through a trust company. For more information please visit our IRA page.
14. What is the minimum I can invest using managed forex accounts?
The minimum depends on which managed forex account you open.
15. What kind of volatility do managed forex accounts exhibit?
We strive to offer a full range of managed forex accounts from conservative to aggressive. In general, accounts with higher returns will also have higher volatility and drawdowns. Please refer to our Investments page for drawdown information on each managed account.
16. Can I withdraw my money and close my account any time I want?
Yes, but the time to fulfill the request varies from brokerage to brokerage. This typically takes one to three days.
17. Is it possible for me to lose more money than I invest?
Yes, although it is highly unlikely to lose more than you invest, it is possible under extraordinary market conditions if the broker cannot close your account positions in time.
18. How do I open my account and get started?
Please email Carl Konstant at carl@trimmercapmgt.com for more information and the necessary links and documents.
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