are one of the best FX Managed Accounts by top Forex Traders.
MFPP FX managed accounts managers were introduced by our trusted business partner, experient in finding to forex trading managed account programs.
MFPP Forex Trading Managed Accounts also was reported by some other people - already MFPP members ... (happy and satisfied members as well :-)
Read most recent interview with MFPP staff
(scroll to the bottom of this page) !
MFPP currently is one of the best FX Managed Accounts provided by 100% legitimate accredited company.
Not being an MLM, pooled fund etc. etc., MFPP FX Managed accounts' staff is primarily concerned about full compliance, transparency and accountability of the company, in contrast to some other FX managed accounts.
That said, you will NOT see here any Link to their Web Site or referral link.
If you are really interested to know more, please send your Inquiry using web Form in the bottom of this page.
Created by top gun Forex Traders, MFPP Forex managed accounts managers are well versed in technical analysis and apply very strict risk FX management strategies to limit the downside risk of forex managed accounts programs.
MFPP has carefully tested and chosen a select number of traders that are well versed in technical and fundamental analysis and the application of very strict risk management strategies intended to limit the downside risk and potential losses of the Managed Forex Accounts they offer.
Find below some information we've get during interview with MFPP CEO.
Best FX MFPP top gun forex accounts: FAQ
Q: Hi guys, thank you for taking your time to answer questions for this interview.
Tell me some things about yourselves, your past experiences and qualifications?
A1: I'm an IT Professional for the past 10 years, had been a stock and options trader myself when I discovered forex and fx managed acounts a couple of years back. I tried many managed forex accounts and fx managed account programs and discovered that most results online were falsified. I made some money and lost a lot of money with most managed forex. I quickly got fed up with scammer traders and dishonest IBs. It became apparent that I had to try ten traders to find one good one...
A2: I had started a successful internet marketing business a couple of years ago but recently the government's rulings and enforcement of those rulings reduced the profitability of my company dramatically, so I wanted to do some other good business online. I had also tried many best fx managed accounts the past couple of years. I lost a lot of money when I first started, but through research I have been able to find some managed accounts that work. Then I began working with my present partners.
A3: I have been an entrepreneur since college, and I have started and owned many different kinds of businesses over the last two decades. Three years ago, I discovered and got involved with internet marketing. Then I discovered and undertook a study course to be a commodity futures day trader and was doing that for over a year. I had already been involved with managed forex and knew some forex traders personally not just online.
I spent some time on educational trading forums and other forums seeking out good managed forex accounts and managed account programs, where I met and befriended a very knowledgeable and honest man who would become my partner in forming our company.
As for our qualifications: We are investors in our trader's accounts ourselves. Additionally, we have since become pending registrants, with the government agency that regulates trading practices in the USA.
Q: More on best FX MFPP Managed Forex accounts Team?
A1: We three are equal partners. I take care of the general management of the company, the due diligence on the traders and their trading records, helping the new clients with the brokerage forms for opening the accounts with managed account programs...
A2: My main role is customer service. I also assist the other two partners in both their roles. I am also exploring new marketing strategies to increase our customer base.
A3: My main roles are finding new managed forex accounts and developing existing successful forex traders into new money managers and helping to negotiate the terms of our commissions.
I also write most of our internal documents and contracts, with generous editing help from my partners and a key member of our Advisory Board.
Q: Tell me more about your traders?
A: MFPP1 -The trader of this managed account has over 6 years of trading experience, predominantly in the spot forex market<. The strategy uses intraday trading as well as longer term position trading based on Elliot wave theory projections and other technical indicators. Open trades can last from one hour to several months. This account has a $5000 minimum.
MFPP2- This account is managed by a highly skilled trader from Boston, with over 16 years of experience in currency futures, options and spot forex .
He has worked as a chief trader and head of different trading desks of various notable banks throughout Europe. His trading system attempts to profit from price retracement off Fibonacci levels, especially after market-moving news events.
The system also trades on failed breakouts on major forex pairs. It attempts to generate approximately 1% profit per trade with a high probability of success. This conservative day trading strategy combined with sound money management provides very attractive long-term capital growth prospects. This account has a $10000 minimum.
Q: Is a best FX MFPP Managed FX accounts an HYIP?
A: NO, we are not a HYIP. We offer only conservative and realistically sustainable managed accounts with established professional forex traders with proven track records that practice sound money management. We do not and never will offer any pooled investments or MLM based managed account programs, which by the way are quite illegal and are one of the sure signs of HYIPs posing as legitimate forex accounts. Our managed accounts are also fund-able only with hard currencies.
Q: How do you research your traders?
A: We at MFPP Managed FX account continue constantly seeking out and researching many traders to find ones that meet our stringent criteria. Many we eliminate right away as they are not willing or able to offer substantial or verifiable documentation. When we do have sufficient documentation supplied to us, we scrutinize their past records and analyze the risk to and the safety of the trader's practices.
We then decide whether or not to invest our own money to test these traders. Then after no less than two to six months of analyzing the results in our own test accounts, if our expectations are met or exceeded, we offer these managed accounts, managed account programs to our clients.
Q: Tell us a little about the past performance of these traders?
A: MFPP1: This trader has peformed very well, having earned over 300% in his managed accounts since January 2006. His winning trades' earnings and his drawdowns have varied within a wide range, but overall his profits and money management practices have been consistent.
MFP2: This FX trader has had consistent 5-10% monthly returns since October 2006, with minimal drawdowns, and very tight money management. This trader/money manager is one the best we have ever seen or heard of.
Fill the Form in the bottom to make Inquiry about MFPP -Top Forex trading Managed Accounts
Deposit / Withdrawal Q: Is there any lock-in period?
A: No, again we are NOT HYIP. Each person or business entity has their own account in their own name with the brokerage. Their are no time limitations on depositing or withdrawing, like one or two years.
There are minimums for opening and maintaining the account that are set by the trader and sometimes even the brokerage may have minimum requirements that can often be amended through negotiation.
But at any time, anyone may make an additional deposit request a partial or total withdrawal from their brokerage account by emailing or faxing in a signed request.
Q: What are the deposit and withdrawal options?
A: Funding and withdrawals with MFPP Managed FX account can be either done by check, bank wire or B2B which is broker to broker wire transfer. The deposit must be from an account of the same name as the individual or the business entity opening the forex account with the brokerage.
Withdrawals follow the same protocol, but each brokerage has their own process and time frames for withdrawals. We have found that most will perform within 2-5 business days after they receive your request for withdrawal by fax or email.
Q: Thank you for your time.
A: Our pleasure. We are legitimate businessmen with a solid menu of pretested, time validated managed Forex accounts / managed account programs that we offer for your consideration. We hope that your readers will appreciate that and avail themselves to make further inquiries.
Q: How can I get more information?
A: Any inquiries should be submitted directly to best FX MFPP Managed FX accounts staff using this Form below.
New Interview with MFPP staff - February,06,2009:
Find below the most recent update from MFPP
Q: Hi Guys, what's new since our last update in 2008?
A: Well, 2 things to announce, but first I'd like to say that we strive to provide the best, safest forex money managers we can at the lowest minimum deposits to open these accounts at brokerages. This can be $10,000 for our in-house, low to moderate risk FX trader who would normally be 50k or 100k at other websites or brokerages. Also we're offering $100,000 minimums for professionally managed Retail & Institutional accounts that would normally begin at $250,000 or $500,000.
1) We are excited to be still be offering our own in-house Managed Forex Account with a very moderate risk trader (draw downs limited to -15%) who never uses more than 3:1 leverage in any FX trade. This ensures that open exposure to potential and actual loss of equity is held within reasonable limits. This FX trader also effectively trades spot gold with spot currencies to capitalize on that metals market flucuations as well. Trading spot currencies and spot gold in December 2008, our in-house FX trader grossed 32.5% for our clients! While this isn't a monthly expectation, (Jan '09 result was +2%), he has gained +30% a month a few times since we've been tracking his results and testing him with our own FX account.
Performance fee: 35% on high monthly watermark, no other fees/commissions
Maximum historical drawdown: <15%
Minimum investment: $10,000 (going up to $25,000 March 1, 2009)
We always place much more importance on low risk and tight controls of draw downs, than monthly eye-popping profits. The trader is gaining more and more excitement and interest from investors. Please contact us and find out why!
2) Our second Managed Forex Account we offer has been successful since 2006(35.55% net per annum), 2007(50.40% net), and 2008(42.62% net), though they/we have found that in the end of the fourth Quarter of '08, their previously robust day trading model had gone stale.
Even though they did had small losses in November of -5.69% and December of -3.28 they still finished 2008 with happy clients.
While these losses are/were acceptable in the short term, this impressed the FX traders and staff enough to motivate them to reassess the markets and their trading models and to regroup anew.
And in their first and only trade using their new intraday model in January '09, they gained a modest .08% at the end of the month, closing January's test trade on a hopeful note.
We anticipate that this FX trading team, being the experienced and deliberate professionals they we have come to know them as, will continue to do well going forward into this new year. We make no promises, but this 3 year old account managed by FX professionals deserves your monitoring going forward, as they unfold their new, updated strategy this year.
Past performance is not necessarily indicative of future results
The monthly results are GROSS of the 25% performance fees
Year-To-Date (YTD) is net of all fees, after compounding
These types of investment accounts should be viewed as long term investments with relatively low volatility compared to rewards. There will be losses. But overall, the per annum rewards outshine the small, controlled losses in both the FX accounts we offer.
Q2: Sounds great! How can my readers get more information on how to open brokerage accounts or more detailed information on your company, the traders or the fees?
A2: Please fill out the form provided below.
You will quickly get an email from us detailing more specific information about the current programs we offer, as well as a link to our website where many more details about ourselves and our business can be found.
We actually answer our phone during normal business hours (please note the time zone differences when calling as we are in North America). And we are very prompt in replying to incoming emails, usually within 1-8 hours!
Any inquiries should be submitted by email directly below to MFPP. We really have enjoyed talking with your members from this site since our first Interview and all the later Updates. Many of your readers have already funded their own Managed Forex Accounts through us.
We appreciate the opportunity to do business with you all in 2009.
Q3: Thanks for your time and the updates, guys!.
A3: Thank you. As always, it's been a pleasure helping you and your clients diversify their investments and grow their portfolios.
