FAQ - Frequently Asked Questions

In summary, how does your program work?
You will open a Forex trading account in your name with our Broker. Your account is then traded by our trader via a limited power of attorney and at the end of the month we receive % of the profit. if and only if we do profits monthly return. We only make money if you make money.

How will performance fees be calculate monthly ?
All performance fees will be calculated from 1st to 31th of each month. If your account is opened at 22th, the first calculation will be from 22th to 31st. Next month will be 1st to 31th.

How can I open my trading account ?
We trade with several Forex Brokers and Partner MIG Investments in the Switzerland. Please send a email to info@hgnfx.com to get every information to open an account.

What kind of statements will I receive?
Clients will be able to login to their accounts via the Internet and immediately see the trading activity and account balance every day. In addition, you will receive monthly statements via e-mail.

Can you show us actual trading records ?
http://www.hgnfx.com/page004.html
Downloadhttp://www.migfx.ch/fileadmin/download/software/mig4setup.exe (platform online)
Login: 670651
(please send an email to password@hgnfx.com to request the password)

Can I lose all my money ?
No, there is a 10% stop loss, therefore should your account ever reach a 10% loss all trading would stop and you would be notified immediately. Please note that forex is a risky endeavor and refer to our disclaimer below. But remember that HGNFX trader have more than 5 years experience. We are professional to control every risk.

What return should I expect ?
We make no claims for future performance. However, based on a five years experience we work to get monthly consistent rate of return. To receive more detailed information including our traders results (in full detail) and watch our system working please go to
http://www.hgnfx.com/page004.html

What are the fees ?

• 25% out of net profits from capital $100,000 to $500,000
  
• 20% out of net profits from capital over $501,000

Are any countries excluded from signing up ?
No, every countries can open an account with us.

Can I trade my account at the same time ?
No. If you would like to trade yourself then please use another account. You can only watch our trades daily.

How much do I need to get started ?
For a managed forex account the minimum is $100,000 USD. Please contact us for other arrangements if you are short of the required starting capital. $50,000 USD to $100,000 USD is negotiable at the moment.

Can I withdraw money from my account ?
It’s your money and yes you are able to withdraw it anytime you want. However, we ask that you limit your withdrawals to the end of the month. Also you are strongly encouraged to give our trader six months so that you can see your principal accrue.

No. of Years experience trading currencies ?
Over 5 years of experience.

What currency pairs are traded?
We trade all the pairs manually.

What is the dollar amount of funds currently under management?
Over 3 Milions, exact amount is confidential.

What is the risk management and money management strategy used? How do you control risk on each open position?
Normally stopping points are used to protect accounts. Our System have Stop Loss hidden. (maximum 2% negative per trade).

What is the maximum peak to valley draw down of the fund?
This depends on the fund but typically not more than 10%.

What is the leverage and margin used in trading?
This may vary but typically we never use more than 5% of the account when trading.

What are some advantages to forex?

• Profits are possible regardless of the direction of the US dollar versus other currencies.
• Risk Management.
• Trades only occur with the most liquid currencies in the spot market.
• High degree of liquidity.
• Excellent risk-to-reward ratio.
• Portfolio diversification that cannot be achieved with stocks, bonds, mutual funds, or ADR’s.