FXV1 Update: November 15th, 2008
The FXV1 program has updated it's disclosure document. Please see DDOC by
clicking here.
FXV1 Update: October 5th, 2008
The FXV1 program has completed its reorganization phase and is ready now to
begin accepting new accounts.
The
minimum for new accounts until the end of the year will be $10,000 USD and the
broker will be any broker that uses MT4.
Fees will
remain 25% (25% Performance Fee).
The performance as of this writing is 18.89% for the year 2008, with the
biggest equity drawdown -5.8%.
With
an average monthly return of 3.63%.
These changes and account
opening documentation can be found on the FXV1 website at
www.fxv1.com
FXV1 update: March 9th, 2008
The FXV1 program has undergone a material change
that will affect our AUM, DDOC, and the setup of the account.
We have closed several accounts under the program and will re-open under
the new structure.
The reason for
this change is due to brokerage issues and technical issues, which caused
unnecessary loss of opportunity. While our
system had been performing, the results simply weren't translated to accounts.
No client accounts were adversely affected by this issue, only the EES corporate
account. Under the new structure, all issues should be solved and
we can return to our aggressive growth program under a Dynamic Risk Strategy (DRS).
www.dynamicriskstrategy.com
Tech Changes
FXV1 has moved from TradeRobot automation technology to the Meta Trader platform to execute our blended systems.
Elite E Services will develop our own proprietary signal aggregation
software which will replace MT once it is ready.
This technology will be a ‘signal server’ that will be our own ‘system selector’ that can be linked up to any brokerage.
When this is available, FXV1 will be available at ANY brokerage, in the
meantime, it will be available at any broker that uses Meta Trader platform.
Brokers who want to use the FXV1 program and do not have MT platform on
other platforms, may have API configuration performed by EES.
Brokerage Changes
FXV1 will now trade with Meta Trader on major FX brokers,
such as Gain Capital, ODL Securities, FX Solutions, FXCM, and any other MT
broker.
We welcome opportunities
from IB’s who want to allocate client accounts to FXV1. The initial minimum
funding required to setup a master (grouped) account at
a new brokerage is $100,000 – but once a master account is established at the
new brokerage, the individual client minimum can be as low as $1,000.
FXV1 will charge only performance fees,
and will give rebates to any participating IB's.
Currently, the FXV1 program will be offered at any MT4
broker.
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