F&Q

Do I need to do any work in relation to the trading?

No. HBIFX provide a complete trading service. The only process required is to transfer 80% of closed profits at the end of each month.

What if I do not have a computer of email?

HBIFX can provide a complete service from assisting in the opening your broker account, to transferring your profits each month into your nominated bank account. This extra service is done for a small fee. Note the monies in your broker account can only ever be transferred back your nominated bank account.

How do I calculate net profit and what is the drawdown on my account?

Our strategy involves buying and selling currencies which commence in minus positions and automatically close when they reach their targeted profit or stop loss. As soon as a position closes then the system will open a new position. The system by design is always in a drawdown. To calculate net profit, subtract the open positions from closed profit to date.

Why do I only take 80% of closed profits at the end of each month?

This is a standard procedure in our money management plan. By taking only 80% of closed profits each month the system equity minimum balance is protected as the drawdown ( open positions),can vary from month to month. NOTE: A report is compiled at the end of each year and clients advised on a one off basis, that they may make an additional one off withdrawal if the equity balance in their broker account is greater than required.

Is it a problem if I do not take out 80% of the profits every month?

No you can leave your profits in the account. However the system strategy is designed to work on a designed minimum equity balance so any extra money in the account is not being traded. It is advisable to transfer this from time to time into your bank account so that you can invest or use the money for other purposes.

Can I do my own trading on the broker account?

No the account is restricted that you do not trade the account when the software service is in place.

Can anyone access my account?

HBIFX are the only people who can access your account to trade. Their traders and information technology team work together on the account, under the limited power of attorney provided by you. They have no access to the monies in your account. Only the broker can transfer your money into your nominated bank account.