100% PER DAY BULLET FOR 10 DAYS COMPOUNDED TRADE
TRADE AMOUNT DOUBLES EVERY DAY WITH COMPOUNDING LESS THE 35% REV SPLIT
- NO ADMIN HOLD
- NO 799 HOLD
- NO MOVEMENT OF FUNDS
THIS IS A PING TRADE where the trader’s bank will electronically ping the clients bank when required to check to make sure the trade funds have not moved BUT if the client is more comfortable with a tear sheet trade then a tear sheet trade can be set up.
- Any of the Top 100 banks, plus branch locations of major banks in Asia (e.g., HSBC Hong Kong). No Russian, Chinese, or Taiwanese banks.
- The NET return to the client is 65% of the gross (after a deduction of 30% in profit sharing through a Joint Venture Agreement with the provider and 5% broker commissions).
- 5% Commission split between all agents.
PROCESS
- KYC, current bank statement, a utility bill, and the client’s passport included (showing signature AND picture page). The client’s signature must be in wet blue ink —no digital copy and paste.
- Very important in regard to “origin of funds,” a complete, descriptive statement about the source, sequence of events, and provenance of the funds is required. For example, “commodities trading” won’t suffice.
- Proof of Life with client in picture with open passport and the current date written on a piece of paper.
- The compliance check normally takes a couple of banking days. The desk will then contact the client to review terms of the trade, answer questions, assess his/her projects and funding requirements, and issues Joint Venture Agreements.
- Joint Venture Agreement to be signed.
- KYC, which is required to open the trade with the trade group, as well as requests for any other documents that may be required, including a BCL an RWA, or banker-signed bank statement.