Man behind www.sharadchaudhari.com is Mr. Sharad Chaudhari, 43 years old Forex Trader, who started his career in Forex in Mumbai (Financial capital of India) in 2008. He has a dynamic personality. Having huge experience in Forex trading. He is working on various projects among which one is Forex Trading. He started offering advisory services online to Forex traders around the world and also got into fund management later.
The first step once you are ready to invest is to go to our Recommended brokers Link and fill in all of your contact details. Then They will send you all the details of what to do next, such as opening a brokerage account where our master account is.
During the online brokerage application you will need a photo ID such as a passport or driving license, as well as proof of address. The broker will not accept you without these two things. If you are opening an account via a company they will also ask for your corporation documents. The trading account will normally be approved within 24 hours and you will be sent a welcome email with funding instructions.
Once your account has been approved you will be sent the LPOA form to sign. You may then go ahead and fund your trading account directly. Once you have funded your account then the trading will start almost immediately. You will be given a download link from the broker to an MT4 trading platform, where you will be able to view all live and historical trades, as well as being able to view the P&L.
A managed forex account protects you, as you would retain complete control of your funds in an FCA regulated brokerage. You are the only person that would have access to your funds and the only person who can withdraw those funds.
You can also withdraw your funds at any time without penalty or stop trading at any point if you don’t like what you see. This puts you in control of your investment.
There are absolutely no lock-in periods or penalties for withdrawing your funds. You can withdraw your funds the day after you fund your account if you so choose and you will not be charged.
We have multiple ways for you to contact us including: Email and Skype Go to CONTACT PAGE.
No - There is not charge a management fee only a performance fee(PF), which is purely based on results. The performance fee is 50% for a standard account. This performance fee is based on a high water mark.
A High Water Mark, is a common approach to the calculation of incentive fees. It means that incentive fees are paid only on any new profit that is made. This ensures that it is fair to the client as we can only receive a performance fee only when the account value exceeds its previous high.
Example of HWM.You start with $50,000 in an account with a performance fee of 50%, and during the month there is $5,000 gross profit. The performance fee deducted would be 50% of $5,000, which is $2,500, so your net profit would be $2,500 and your account would now have a "watermark" new balance of $52,500. If in the next month there was a loss of $1,000, there would be no performance fee deducted, since there is no profit, and your new balance would be $51,500. Your "watermark" is still $52,500. So there will be no performance fee deductions until you get past your current "watermark".
With a forex managed account your funds are held by you and only you in your brokerage account. You do not send the trader your funds at any point. A managed forex account protects you, as you would retain complete control of your funds in a fully regulated brokerage. You are the only person that would have access to your funds and the only person who can withdraw those funds.
You are the one in total control of your account. For example you can withdraw your funds at any time without penalty or stop trading at any point if you don’t like what you see. This puts you in control of your investment.
Yes, as you will be able to view all live trades as they happen via a well-known industry standard trading platform called an MT4.
