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* 100% Offline accounting. No possible database corruption, no risk of malicious web site attacks, and no related excuses.
* Public Read Only Access to both our Liberty ReserveŽ balance and our main trading account(s) in order to provide our clients the highest level of transparency possible.
* 50/50 Rule : 50% of your balance is placed in trade and 50% is held in a holding account. This both lowers the overall risk to the depositor and allows for smoother processing of withdrawal requests. As a client you can opt to place a higher percentage of your deposits in trade thus increasing your overall potential profit. Ask one of our reps for more information.
* No Loss Policy : e-Bulls absorbs all trading losses. A percentage of our earned fees are held in a separate account in order to cover the occasional daily loss. The worst possible outcome to you the client is no gain, "Say goodbye to losses with e-bulls.com."
* No withdrawal or deposit fees of any kind.
* 24/7 Support via our LIVE chat interface, SkypeŽ, or e-Mail.
* Getting started is as Easy as 1,2,3, by following the instructions on the bottom of our main web page.
We were originally going to launch on the 4th, however we made a few important changes to the administrative side of our business, mainly moving to a broker that does not charge a fee for either deposits or withdrawals via Liberty Reserve, which in turn has now made it possible to drop the $7.00 USD withdrawal fee we originally implemented in our business plan. This broker also allows for read only access, which will allow us to give clients and perspective clients live, real-time access to our trading, increasing our overall transparency.
Apart from those exciting changes we are now awaiting funding of our new brokerage account in order to begin trading. We hope to have funds in place by Monday. Should we have any client side deposits from now till early AM EDT tomorrow we may actually be able to trade the NY session and post some results.
We are now also offering read only access to our trading account AND our LR balance. This allows our current and potential clients to verify we do in fact actually trade the funds and that the amounts are correct. We will continually try and maintain the highest levels of transparency possible as we move forward.
The 50/50 rule, originally adopted in order to keep the withdrawal wait times to a minimum as we where working with a brokerage that only dealt in wire transfers, has been eliminated. This means 100% of all deposits will be placed in trade, which equates to higher returns, roughly 30 to 40% monthly on average. With our "No Losses" policy the lessening of risk is really a non issue as well.
We just wanted to send out a quick note to make you aware of the following;
The broker we where using, LiteForex, has proven to be a bad choice. Not only where we unable to cancel pending orders, our original stops where not activated when the price pushed through them. These 2 things are something you cannot have in a forex broker, so we have changed brokerages.
We posted a profit of 2.35% on the 11th as we did a quick hedge on the short positions we had open, positions that should not have been even open.
We should have funds back in trade tomorrow with FXOpen.
We are now on twitter. Just another way to stay up-to-date on all the goings on at eBulls. The link to your twitter page can be found below in our signature.
Our funds transfer was a bit delayed today and as a result it won't be cleared into our trading account for another 12 to 15 hours. We will post a 0.00% gain today however LIVE trading we return tomorrow. A big thanks to everyone for their patience.
We have posted a net return of 3.52% for the 17th. After a few non-trading and 0.00% days it is refreshing to actually make some money. It is also nice to have our trader back trading, where he belongs.
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e-bulls - e-bulls.com
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