Posted by admin on December 2, 2011 – 3:56 pm
We are pleased to announce our latest release for the FxStat tradebook and FxStat managedbook platform namely “setting per strategy”.
You will now be able to assign different setting parameters when adding a new strategy or change existing strategies using the setting icon next to each strategy.
In addition, we have added further beneficial features including auto minimum capital requirement, stop loss and take profit, slippage management control and stop out and block control each of which can be modified separately. These features will allow you to control your account more effectively.
Min capital requirement
System automatically calculates the minimum capital requirement needed to follow the specific signal provider based on their past performance. The numbers dynamically change depending on the lot size of the signal follower.
Allocate fund (money) from your trading balance
allocate fund from your trading balance and allow traders to only trade on that allocated money.
Available amount
Available (un-allocated) money from traders capital (balance)
Stop out and block
The trade follower can set a maximum risk for each provider based on the capital allocated to them. If the signal provider loses the set percentage of capital, all positions following that provider will close and the provider will be blocked from sending any further signals.
Strategy
Signal followers can set maximum open positions or orders they want to receive from signal providers. This allows them to manage their open positions and avoid taking high risks.
Price difference
Slippage management control allows the follower to specify the maximum pip tolerance between their trades and compare them to the opening price from their signal providers.
Risk management
Signal follower can set their stop and limit or leave it blank to follow the stop and limit of the signal provider.
Lot management
Signal follower can follow trades based on a fixed lot or through creating a ratio between allocated money and signal providers balance.
Posted by admin on October 21, 2011 – 12:44 pm
We are extremely happy that we can finally announce what we’ve been losing sleep over during the last period. FXStat newest service will soon become available to all our users.
Managedbook.
Managedbook is an innovative service that will allow you to create your own currency portfolio by following as many Market Leaders as you want and choosing the exact currency pairs you want to invest in. The system works by Market Leaders providing signals once they buy or sell a currency, signals that are immediately and automatically executed into their followers’ account (similar to FxStat Tradebook).
As an investor (trade follower) you will pay a success fee related exclusively to your profit and, one of the best things, in case you don’t make any profit out of this investment, you will not pay any success fee. The success fee is set at 20% of the net profits generated by the trades of each Market Leader in the trade followers’ account (portfolio) and represents the single fee charged by FXStat for this service. Also, any loss accrued by market leaders will be carried forward. Market leader will not get paid any success fee unless they have covered the losses (success fee is based on High Watermark).
Advanced Bookkeeping feature will allow investors (trade followers) to measure their progress in real time and closely monitor the open and closed P&L made by each Market Leader, as well as the P&L of every closed trade in your closed trade section and monthly breakdown of each market leader trades.
Market Leaders are able to increase their monthly revenues without any extra-effort! They will receive success fee based on the profit is been generated by their trades in their followers accounts.
If you have a strong strategy, a real account and a profitable performance, why not become a market leader and offer your strategies to FxStat members and brokers’ client andreceive success fee revenue from your followers profit.
