Thread: Managed Forex accounts-good results.

And those numbers keep on increasing and increasing
however if I have made enough money I will diversify my portfolio a little bit more...
But hey you know what they say: never change a winning team!

hello firefox is a good thing and i most confess the guy who is behind it is a good guy in programming

You mean firefox as in the program to go on the internet?

Well, how does one join just as a customer? That links goes to login page with no option for new customer joinees. I am considering an FX managed account as an option.

Any chances that i don't loss my money..I know forex is risky business..What guarantee my money didn't for the scam not loss?

Please tell us whehter it is a scalping technology -- finishing one or a few trades within two minutes or even one second? Many Brokers don't allow this in their forex trading.

Originally Posted by anonymus

Hi Scotty :)

Hello Jon,
I am one of the newest member of this forum and I was taken here during a search to find someone by the name of Warren Cavanagh who exchanged emails with me earlier this year. Unfortunately, I saved and printed his last email but did not save his email address and I need to get in touch with him since he outlined 14 benefits of a program he was participating in and gave me 2 options to join. I have a strong feeling based on your post about this $2,500. program you mentioned that you are speaking about the Warren Cavanagh that I am am looking to re-connect. Please send me a private mail or email me at [email protected] so that I can verify or confirm that this is the right person?

Thanks in advance for your help!

Peron Browne

I have question.
When the retailplatform is up, am I right to say, sign up fee of 495 USD and 2500 USD invested?

I and marek had a little talk with Warren Cavanagh not long ago and Im absolutely going to invest some time soon, not sure when but soon.

Just need to know if the 2500 USD is including 495 or not :)

Best regards
Jon

Hello Jon,
I am one of the newest member of this forum and I was taken here during a search to find someone by the name of Warren Cavanagh who exchanged emails with me earlier this year. Unfortunately, I saved and printed his last email but did not save his email address and I need to get in touch with him since he outlined 14 benefits of a program he was participating in and gave me 2 options to join. I have a strong feeling based on your post about this $2,500. program you mentioned that you are speaking about the Warren Cavanagh that I am am looking to re-connect. Please send me a private mail or email me at [email protected] so that I can verify or confirm that this is the right person?

Thanks in advance for your help!

Peron Browne

hi - i know its been a while since you posted this but do you still have contact info for Jason Sincyr - been trying to find him for a while

i know its been a while but do you still have Jason Sincyr's contact info - been trying to find him for a while

Originally Posted by scotty

Hi Jon,

That's not how I understood it...

Right now the $495 fee is only to join FusionATS as an agent but a time will come in the not too distant future when the "Agent" opportunity is gone for good.

In my correspondence with Jason Sincyr, I relayed some concerns about having any sort of "agent or referral program" attached to their service. If their intention is to attract sophisticated investors, I know from experience that the clients I deal with will be immediately turned off by anything with even a hint of MLM.

I told Jason that I was not even mentioning this program to my client base until the retail platform is ready to go as it will be focused solely on the trading capabilities of FusionATS...no mention of an "agent opportunity or referral fees".

From my understanding, when the retail version launches there will be a minimum account requirement of $2500 and a small account processing fee ( $40 if I recall ) but since the retail version is not intended for recruiting agents, the agent fee ( currently $495 but likely to increase ) won't even be an option.

I was also told that they WILL cap the number agents they take on in the program which is great news in my opinion. I don't know what that number will be but history shows that each time they re-open the doors for new agents, then price pretty much doubles ( started at $100, went to $250 if I recall, and now at $495 ).

So to recap...

Right now the cost is $495 to join FusionATS as an agent. All agents will have the opportunity to open a brokerage account with a minimum of $500 in order to let the traders "prove themselves" to us before we begin to market this to our respective prospects.

In the near future FusionATS will release a "retail only" platform which will focus solely on the trading side with no mention of an "agent opportunity". At that point clients will have to open an account with a minimum of $2500 and pay a small account opening fee.

The number of agents WILL eventually be capped but the cost to become an agent will continue to increase as we approach the maximum ( still not sure what that number is ).

My plan is to be patient with this opportunity...wait for the retail platform to come out and get at least a few months of trading history under my belt before sharing this with my clients. I will only approach those people with a high tolerance for risk and even then the amounts into the program should be limited to the "speculative" portion of their portfolios.

If the program delivers the results that they say they're capable of, then the potential residual income for everyone involved as an agent will be enormous. I do however say this with a grain of salt as I have seen many opportunities in the past fail to live up to their stated claims. FusionATS will have to prove itself to me before I stake my reputation and suggest this to my clients, but everything I have seen up to now leaves me very optomistic that they can and will follow through.

If they fail, then all I've lost is my agent fee and the amount in the broker account but if they are the real deal then everyone involved ( agent and client ) stands to benefit tremendously. Certainly worth the risk in my mind.

Take care,

scotty

Forex managed accounts has become a popular way to make a profit by dealing in currency trading. Participants use the foreign currency exchange in much the same way they play the stock market. There are a number of advantages to trading currency instead of trading stocks. Forex managed accounts utilizes a software program or a professional trader to predict rises and falls in currency rates and make profitable trading decisions. The software also makes the trades for you. With managed accounts, you simply start up the program and begin turning a profit with very little effort. Your managed account can continue working around the clock so trades happen when news breaks rather than when the market opens.