Remote Traders
Remote traders open their own individual
accounts though Global FX Remote
Group, LLC. With FXCM. Global FX Remote
Group, LLC does not charge a commission for its services to its Traders*. You only pay the bid/ask spread Traders receive 100% of the profits
derived from their respective trading activity in their own personal
account
with our market maker Forex Capital Markets (FXCM)
- By opening an account
though Global FX Remote Group with FXCM traders are able to take
advantage of all the tools and resources we provide our
traders for FREE. All you pay is the spread, we do not charge you anything for our services. If you are going to trade the FX market we believe there is no reason not to do it through our firm
- In order to qualify for
a Firm Trading Account (FTA) a trader must trade a minimum of two
months, Global FX will review a traders track record. If a trader
shows consistent profitability, good money management and has a "day
trading mind set" we would offer the individual the chance to trade our
capital. We do entertain funding those with longer term trading
strategies but would require more than two months of review. As a proproietary Trader for Global FX Remote
Grooup, LLC traders receive 50% of the profits from trading an FTA with
no financial risk to the trader. Profits are paid monthly.
We determine how much capital to allocate a trader based on the traders
average profitable day during the review period. Review periods
may be as low as two months or as long as a year, this soley
depends on the traders style. We determine how much capital to allocate
a trader by their average profitable day (APD). If for example a
traders APD is $400 USD during a two month period and we decide to give
him/her a FTA, we would then give the trader a $4,000USD trading
account with the ability to lose $400 in a 24 hour period. Management
reviews all FTA's every two weeks to determine if a trader deserves
more capital to trade with.
- Traders that trade 40 round turns,
standard lot, round turn trades a month are eligible to receive Global
FX Radio Premium(Link) for Free. .
- Traders that trade Forex
through our firm with FXCM are not guaranteed an FTA. Management has
specific requirements as stated above. If you have any questions
about any of our programs please email info@globalfxllc.com
for more details.
If you are ready to open a currency trading
account click the link below for
the online application
*The FCM and RB are compensated for their services through the spread
between the bid/ask prices.
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