How long has Loretta FX been in business and trading?
We have been trading Spot Forex since 2004
Who are the traders at?
Each of our traders are experts with over 8 years experience in the Forex market, they will provide managed trading information regarding the account.
How much money do I need to open managed Forex account?
Minimum opening account balance is 3000.
How safe is your trading?
We have strict trading and money management policies, we ensure that the maximum risk per trade is 2%. While we cannot quantified profit exactly as profit per trade can vary to over 10%, we ensure that we maintain a reward to risk ratio of at least 3:1.
What are the trading fees for managed accounts?
Loretta FX is one of the only companies that offer Forex managed account service that do not charge a management fee. We do not charge a management fee because we are not interested in making money if our clients are not also making money.
How much is your performance fee?
While most money management companies charge a management fee and performance Fee of 50% we charge no management fee and the lowest performance fee at 45%.for accounts less than 60k and 35% for accounts above 60k
How do I fund my account?
When application is approved the customer will receive funding instructions. Bank wires and credit cards can be used to fund accounts. Once account is funded we will begin trading.
What is LPOA Limited power of attorney?
Form signed by all clients when appointing a money manager to trade their managed account. A legal document that gives limited power over a designated account that begins and ends with executing trades for the client.
Can I withdraw funds at anytime?
When there are no open positions or clients have enough funds to cover the positions. When withdrawal request form is received, wire request is sent out within 2-3 business days.
Can I stop managed trading anytime?
Fax or email your broker and managed trading will stop as soon as request form is received.
Can I hire the trader directly?
Not at this time as there is no way to control trading results or the agreements between the customer and trader. By working directly with our company you can rest assure that the trading program will be followed implicitly.
.
Can I receive audited trading statements?
Because of monthly maintenance costs, only banks, hedge funds, and institutional clients can request audited trading statements.
What is the maximum lost that can happen in an account?
Loretta FX is one of the only management companies, if not the only management company that allow our clients to choose their desired level of capital preservation. The level of capital preservation that you choose sets the maximum lost that your account can incur
Can I access my account anytime?
All clients that have setup Forex account with trading broker will have their own trading platform that will show real time investment performance and trades provided you have access to internet connection.
-To open a Forex managed account now click here
We have been trading Spot Forex since 2004
Who are the traders at?
Each of our traders are experts with over 8 years experience in the Forex market, they will provide managed trading information regarding the account.
How much money do I need to open managed Forex account?
Minimum opening account balance is 3000.
How safe is your trading?
We have strict trading and money management policies, we ensure that the maximum risk per trade is 2%. While we cannot quantified profit exactly as profit per trade can vary to over 10%, we ensure that we maintain a reward to risk ratio of at least 3:1.
What are the trading fees for managed accounts?
Loretta FX is one of the only companies that offer Forex managed account service that do not charge a management fee. We do not charge a management fee because we are not interested in making money if our clients are not also making money.
How much is your performance fee?
While most money management companies charge a management fee and performance Fee of 50% we charge no management fee and the lowest performance fee at 45%.for accounts less than 60k and 35% for accounts above 60k
How do I fund my account?
When application is approved the customer will receive funding instructions. Bank wires and credit cards can be used to fund accounts. Once account is funded we will begin trading.
What is LPOA Limited power of attorney?
Form signed by all clients when appointing a money manager to trade their managed account. A legal document that gives limited power over a designated account that begins and ends with executing trades for the client.
Can I withdraw funds at anytime?
When there are no open positions or clients have enough funds to cover the positions. When withdrawal request form is received, wire request is sent out within 2-3 business days.
Can I stop managed trading anytime?
Fax or email your broker and managed trading will stop as soon as request form is received.
Can I hire the trader directly?
Not at this time as there is no way to control trading results or the agreements between the customer and trader. By working directly with our company you can rest assure that the trading program will be followed implicitly.
.
Can I receive audited trading statements?
Because of monthly maintenance costs, only banks, hedge funds, and institutional clients can request audited trading statements.
What is the maximum lost that can happen in an account?
Loretta FX is one of the only management companies, if not the only management company that allow our clients to choose their desired level of capital preservation. The level of capital preservation that you choose sets the maximum lost that your account can incur
Can I access my account anytime?
All clients that have setup Forex account with trading broker will have their own trading platform that will show real time investment performance and trades provided you have access to internet connection.
-To open a Forex managed account now click here
