The Flaws In FXStat
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Membre depuis: 08/03/2012
Originally posted by uniquetraderI have used fxstat autotrade service. I am planning to change to managedbook.
What is managedbook and what differences does it have from tradebook? I'm kind of confused here.
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Membre depuis: 23/01/2011
Fxstat has two kind of features for followers. 1) Tradebook and 2)Managedbook. 1) Tradebook is when you pay per trader you can see commisions here http://www.fxstat.com/autotrading/prices.(Gains & Looses you always pay). 2) Managedbook is when you pay a commision by earns. 20% commision. The advantages of Managedbook is that you pay only if you get gains and if you get looses you won't pay commisions until the Trade Leader give you all your money back. if you want this kind of feature you need open an account at Varengold Bank of ADS Securities LLC, and they will give you the platform. you can see my website here www.getmorepips.net
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Membre depuis: 08/03/2012
Thx mikjurado , managedbook seems like an interesting option. And from those 20% commisions how much do the trader gets?
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Envois: 48
Membre depuis: 08/03/2012
Those are monthly commisions right? So if a trader got me a ROI of 30% in March , i have to give back 20% out of those 30% ?
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Membre depuis: 05/12/2011
wow but are these commissions not on the high side.
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Yeap commissions are high , but this scheme is very interesting. Could someone who uses this managedbook give us a feedback please? Also i havent seen managedbook on the Ads secutiry website
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Membre depuis: 23/01/2011
http://blog.fxstat.com/index.php/2011/10/21/fxstat-headsup-launch-of-new-automatic-trading-service-managedbook/ here you can find information about managedbook, the problem is that managedbook has another platform given by ads securities or varengold.
Envois: 48
Membre depuis: 08/03/2012
Thx mikjurado , you mean in ads secutiries they have another name for fxstat managedbook?