At Forex Masters we aim
to give you the very best when trading ...
Khwezi Trade is an authorised Financial Service Provider
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A Mirror Trading account is NOT a managed account your funds remain in your account and in your name. You the client choose to follow or link to the "currency basket strategy". This is an automated strategy, and there is risk involved. Although the strategy does use stop loss orders to prevent large drawdowns there are no guarantees and your capital is at risk.
Please be advised that past performance is no guarantee of future performance.
You can link or un-link your account if you chose too by sending written instructions to email@example.com
The mirror trading method allows traders clients to select a trading strategy and to automatically "mirror" the trades executed by the selected strategies in another trader's account.
Clients, give authority to be linked to the strategy via a mandate, and can unlink from the strategy at any time as long as there are no open positions, you would be able to un-link at the end of that business day.
Each client, including the professional trader has to open and fund their own personal account. These accounts are called Slave accounts and are view only for clients. Slave accounts are then linked on your instruction only to the master account.
Each account is in the client's name (FICA applies), the money deposited is deposited in a segregated bank account in the clients name at Standard Bank of South Africa The funds never leave the clients account. Your account is merely "linked "to the master trading account via a mandate that you sign in which you accept the risk.
Trades are placed on the master account and positions are allocated automatically on a pro rata basis to the clients slave accounts via the MAMM administration system. This system allows the client to view the performance of the fund and view account balance on a daily basis.
Minimum investment is R10 000 (funds are deposited in Rands but traded in
As this is a Mirror Account and not a managed account there are no monthly management and performance fees.
Disclaimer: Although these strategies have been tested and have been proven to work, market conditions and trade- timing are important, therefore Khwezi Trading cannot be held responsible for any trading losses incurred. These strategies cannot be construed as advice in terms of the Financial Advisory and Intermediary Service Act 37 0f 2002.
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PS: If ever you realize that you need quality training in order to understand the markets better and to trade better, contact me for your training!
If you are having trouble signing up or require any assistance, please do not hesitate to contact us on firstname.lastname@example.org.
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended to South African and International Traders.