Once Forex Capital Fund speaks with you and you are accepted as a client you will need to complete applications and pass compliance reviews. After your application and compliance process is complete a bank wire transfer is the only way to fund the account.
You can call Forex Capital Fund to initiate a withdrawal. Please remember you are the only person that can withdrawal from your account. FCF has no ability to take money from your account. We are simply appointed by you to trade your capital. We pride ourselves in complete withdrawal requests within 24-48 hours. It’s your money, if you want it back please make the request.
Average trades per month is a difficult thing to determine. If the markets are less volatile and less opportunity to trade exists we might not trade at all. If the market’s are providing many opportunities per day we might make several hundred trades within a 24 hour period. Please discuss this with your FCF representative. If you are not comfortable with the trading style please notify us immediately. We will return your money ASAP.
YES! You are completely in-charge of your money. This is true with ANY and ALL forex money managers. If a money manager continues to trade your account after you made the request to stop trading please call your local FSA immediately.
Currently all funds are traded with an FSA (UK) registered broker. The FSA (UK) protect people with the Financial Services Compensation Scheme. This means in the event of insolvency your funds are protected up too €100,000. If you want further explanation please ask your representative.
LPOA stands for Limited Power of Attorney. This is the form signed by all clients when appointing a money manager to trade their forex capital funds. This legal document states an individual or company acting as “attorney” (trader) has limited power over a designated account. The limitation of this power begins and ends with executing trades for the client. All LPOA’s from Forex Capital Fund limit us to trading.