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Oct 9th 2007
GalleonFX Offering $1,000 Managed Accounts
forex managed accounts 1 year, 3 months agoTags: Forex MA, Forex Managed Account, galleon, GalleonFX.
I know GalleonFX has been around for quite sometime, but haven’t actually used their service before. If anyone is interested, for the month of October only, GalleonFX is offering their Managed Account services at $1,000.00 for entry.
To celebrate the great success of the improvements to our trading systems, Galleon’s normal $25,000 and $10,000 account opening minimum have been reduced to only a $1000 minimum for the month of October.
This is the lowest minimum we have ever had and will ever have. This may be the last time it is ever this low. If you have followed along with our news, updates and progress, you should feel as we do we have something very special and profitable and to be able to take advantage of this for only $1000 is an incredible oportunity.
Also, if you do not already know this, FXCM our main brokerage firm allows people to quickly and easily fund accounts by credit card. So there is no waiting for checks to clear or problems dealing with the hassle of confusing bank wires.
There has never been a better time to get involved with Galleon and Forex than now. With some accounts up over 54% for the year, strategy improvements in place we’re on the way to making this year the best yet with still 3 full months of trading to go.
It is very easy to get your account started and funded. Simply register, login and follow the instructions on our Open Account page.
It’s also a great time for Affiliates out there. Spread the news of Galleon’s new low minimum to your friends and associates so both they and you can share in more profits.
It’s a pretty silly amount to start an MA IMO, but hey, if you want to know how it works and all, head down to their site to find more about their trading results. They use FXCM as their broker which makes it really easy to fund.
Anyone who uses Galleon could probably fill us more so we could hear about your experience with them?
Definition of a Managed Account with compliments from Investorwords - An account for which the holder gives his/her broker or someone else the authority to buy and sell securities, either absolutely or subject to certain restrictions. also called controlled account or discretionary account.
Popularity: 8% [?]
I have an account with them since July. I entered the worst time of flat and negative month, but September entirely recovered my losses and I am now in profit. The results are a bit volatile, but I still think it’s quite a good opportunity
This is actually one of the few public MAs that has shown a profit after 12 months. So that has to count for something, the very “bouncy” equity curve really puts me off though.
Any MA holders can tell me what sort of leverage are they using for the accounts and how many lots do they trade at one time?
Leverage is 2:1. About lots… you’ll have to ask someone less dumb than me
I can’t figure that out
I have seen statements, it seems some kinda eur/usd usd/chf hedge. Volatility is very very high, seems very risky, but so far performance isn’t great (considering the risk) but it’s ok.
Hi,
Just need some feedback from you guys. If I want to get involved in forex managed account -> Is this website the best way to go ?
Link : http://hectortrader.zulutrade.com/Index.aspx
And it doesn’t cost a cent and their performance are good !
Is this the correct way to go ?
Rgds,
JOhn
Hey John, it really looks great for a start, I’ll register and let you know how I feel about it
I’ve been watching my fxcm transcation history and Pete you are right. The volatility is quite high, maybe a bit too high for my tastes. I guess I’ll have to wait maybe a few months to see how this pans out. Also, is it just me or does GalleonFX tend to overtrade?