The Account Top-up
The company that offered the high-yield investment is a FOREX broker, and so when we lent our money to them to invest, we naturally get account statements from them regularly regarding how our account is doing. These statements have been a point of contention and much jitters, because of how the capital kept depreciating from trading losses.
The company's trading robot trading for our account appears to be trading not just for our account, from the way the activity works. Each account appears to be trading as part of a larger system, but the experience of many of our fellow investors also concur with me - the trading robots are generally losing. This apparently is not where the FOREX broker is making their money.
Most FOREX bucket shops make money themselves by churning their clients account, not caring whether the account makes money, as long as commissions are being earned. This is the appearance of things in the account, and were it not for something that is promised and has actually happened, I would have dismissed the FOREX broker as another bucket shop scam.
The FOREX broker promised capital protection for the one year that you have contracted your money with it. In other words, no matter what happens, you get your capital back at the end of the year (assuming the FOREX broker can be trusted). That was a huge draw for me to invest with the broker.
The USD1000 invested three months ago had dwindled to USD400+ yesterday, and I was surprised by a top-up of USD700+ to USD1200. This is not an uncommon observation from the other investors, and the top-up is a commitment, from what I can see, to the capital protection that the FOREX broker is giving.
It is a strange way of giving capital protection, but I attribute it to the company's FOREX broking business - it shows exactly what is happening to our account, and the same statement is given to all account holders, even for those who are trading in FOREX themselves. For those of us in auto-traded investment accounts, we simply do not care less how the auto-trading robots do.
We just want the promised fixed returns every month.
Want to know more? Contact me!
The company's trading robot trading for our account appears to be trading not just for our account, from the way the activity works. Each account appears to be trading as part of a larger system, but the experience of many of our fellow investors also concur with me - the trading robots are generally losing. This apparently is not where the FOREX broker is making their money.
Most FOREX bucket shops make money themselves by churning their clients account, not caring whether the account makes money, as long as commissions are being earned. This is the appearance of things in the account, and were it not for something that is promised and has actually happened, I would have dismissed the FOREX broker as another bucket shop scam.
The FOREX broker promised capital protection for the one year that you have contracted your money with it. In other words, no matter what happens, you get your capital back at the end of the year (assuming the FOREX broker can be trusted). That was a huge draw for me to invest with the broker.
The USD1000 invested three months ago had dwindled to USD400+ yesterday, and I was surprised by a top-up of USD700+ to USD1200. This is not an uncommon observation from the other investors, and the top-up is a commitment, from what I can see, to the capital protection that the FOREX broker is giving.
It is a strange way of giving capital protection, but I attribute it to the company's FOREX broking business - it shows exactly what is happening to our account, and the same statement is given to all account holders, even for those who are trading in FOREX themselves. For those of us in auto-traded investment accounts, we simply do not care less how the auto-trading robots do.
We just want the promised fixed returns every month.
Want to know more? Contact me!
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