Nick
Further to the account management and i feel alot of people would agree that the perfect scenerio may be that you trade on behalf of your clients. I'm willing to suggest this:
As your potential future broker, i can set up a multi terminal meta trader platform for yourself to trade on behalf of your clients. I know you potentially do this already and I will set up a profit share of 50/50 for anyone who is willing to invest 10k USD. On a typical 10k USD account, a typical trade would be 0.2 lots ( 20k Equivalent in base currency. I.E 20k EURUSD), with a potential risk of 160$ per trade (1.6% risk based on 80 pips stop loss dependant on currency pair).
For anyone interested, you may see this as ridiculous as it's giving away 50% of your profit, but it means you dont have to do anything and if you want, you can still have a separate account to trade yourself based on his signals.
Please note that Nick would only have Power of Attorney over the trading aspect of the account, not the ability to withdraw funds, conversions or add funds to the account. For accounts over 50k, 30%/70% i suggest. Accounts under 10k would be up to Nick to decide on the profit share.
If anyone is interested or has any questions, please pm me.
Further to the account management and i feel alot of people would agree that the perfect scenerio may be that you trade on behalf of your clients. I'm willing to suggest this:
As your potential future broker, i can set up a multi terminal meta trader platform for yourself to trade on behalf of your clients. I know you potentially do this already and I will set up a profit share of 50/50 for anyone who is willing to invest 10k USD. On a typical 10k USD account, a typical trade would be 0.2 lots ( 20k Equivalent in base currency. I.E 20k EURUSD), with a potential risk of 160$ per trade (1.6% risk based on 80 pips stop loss dependant on currency pair).
For anyone interested, you may see this as ridiculous as it's giving away 50% of your profit, but it means you dont have to do anything and if you want, you can still have a separate account to trade yourself based on his signals.
Please note that Nick would only have Power of Attorney over the trading aspect of the account, not the ability to withdraw funds, conversions or add funds to the account. For accounts over 50k, 30%/70% i suggest. Accounts under 10k would be up to Nick to decide on the profit share.
If anyone is interested or has any questions, please pm me.