All Personal Managed Accounts operate according to the fee schedule detailed below:

Monthly Performance Fee = 35% of net new profits

Annual Management Fee = 2%*

*Fee is one time per year fee billed at the inception of management and every year thereafter

The 35% performance fees are taken on a high-watermark basis. A high watermark is the previous high in the account-participant's account (adjusted for deposit, withdrawals, and fees). It ensures that the fees are only deducted based on new performance, rather than just recovery from poor performance. In other words, if an account loses money over a period, the account must first recoup previous losses and then any profit above the high watermark is subject to a 35% performance fee. For example (assuming no management fees for simplicity):

Your account opens with an initial investment of $5,000.

At the end of the first month, the account makes $500, bringing its equity up to $5,500 on which there is a 35% performance fee of $175 deducted; correspondingly, the watermark is raised to $5,325 ($500 profit less a $175 fee).

Then, at the end of second month, it loses $200, lowering its equity to $5,125, on which a performance fee is not charged.

At the end of third month, the account makes $100, bringing its equity up to $5,225, on which no performance fees are charged because the watermark was not reached.

Lastly, at the end of the fourth month, it makes $700, bringing the equity up to $5,925, which is a new-equity high by $600 over the watermark of $5,325 in the first month, on which there is a 35% performance fee of $210 deducted. The watermark is now raised to $5,715.

NOTE: The current minimum investment for personal accounts is $5,000USD.

NOTE: All numbers presented in this example are arbitrary and are presented for illustration purposes only. They in no way reflect trading performance either good or bad.

RISK WARNING: Trading in foreign exchange is speculative and may involve the loss of principal; therefore, assets placed under management should be risk capital funds that if lost will not significantly affect one's personal financial well being. This is not a solicitation to invest and you should carefully consider your financial situation as to the suitability to your situation prior to making any investment or entering into any transaction.