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The business model is interesting--a reverse of the ones who you pay to earn the right to trade their money. This outfit allows profit sharing with other traders with established track records. A bit like C2 but different in many ways.
To be clear, I don't know anything about these guys and have never even heard
of them. It does sound to me to be too good to be true though. If i were you,
I'd invest ONLY an amount you're willing to lose to test the waters as it were.
If they are as legit as they claim since opening in 1999, then I have to
wonder why mutual funds still exist? Even their worst performers run
circles around the vast majority of mutual funds.
I wish you the best but I'd go in being VERY skeptical and
ONLY risking disposable income. Good luck to you, JM
Put anorher way, why aren't all or even most
mutual funds invested in that space?
Why wouldn't I put my mutual fund with them
and go take a nap on my yacht in the Bahamas?
Why aren't hedge funds conducted in this manner?
Why is this 20%+ a month strategy available
almost exclusively to the small time retail trader?
I understand mutual funds and hedge funds are
more long term but they are first and foremost
about making a profit and most of them don't
return 20% monthly.
They don't offer accounts In the USA either.
You live in Miami so I presume this will be problematic
for you.
You'd need duel citizenship or renounce your US
citizenship and become a resident in a country they
will work with.
Why not everyone is just investing like 1,000 to 5,000 EUR with them and sleep peacefully because they know it is going to be compounded no matter what?!