FREQUENTLY ASKED QUESTIONS
Do It Yourself: i.e., you trade your own account.
Done For You, i.e., we copy our trades to your account, essentially trading on your behalf.
DIY = Do It Yourself: i.e., you trade your own account.
DFY = Done For You, i.e., we copy our trades to your account, essentially trading on your behalf.
This is when you would like for us to trade your actual capital under the DFY program.
This is when you would like to trade a funding (prop) firm's capital under the DFY program.
Yes. The original DFY Cashflow Creation Club membership is built for owners and entrepreneurs who want to place their own capital into their cashflow creation account in exchange for potentially higher annual recurring cashflow. The monthly growth target is between 8 - 10% monthly. This is suited for members looking to potentially double their cash on cash flow each year.
In the MOP (My Own Principal) Cashflow Creation Club, you keep 100% of your positive cashflow, forever.
No. The OPP Cashflow Creation Club membership is designed to allow you to leverage anOther Party's Principal (OPP) to help you achieve recurring annual passive cashflow without the need to place your own capital into your account. The monthly growth target is between 4 - 5% monthly. This is suited for members who are willing to exchange higher cash on cash flow for the reduced risk of not having to fund their own cashflow creation accounts.
In exchange for leveraging OPP to create passive recurring cashflow, members of the OPP Cashflow Creation Club agree to split their cashflow growth 80/20. 80% of the cashflow goes to our members, 20% goes to the party funding the cashflow account on their behalf.
No. You keep 100% of your cashflow.
You enroll to become a member and our support staff will guide you through the account setup and funding process, step-by-step. You can be up and running normally within as little as 48 hours of enrollment.
Once connected, your account automatically receives a pro rata share of the currency related trading positions being taken by our master trading account; we are able to do this by way of our technology provider, 4xSolutions. This is how we can execute a trade for hundreds of accounts at a time.
You always have the ability to withdraw or continually add to your account balance. We never have deposit or withdrawal ability over your account, only the ability to take trading positions.
Need to talk? Book a phone visit by clicking here. (https://go.oncehub.com/forexfam)
It depends on your stated goals and timeline, as it relates to creating passive recurring cashflow. We do not require a minimum starting amount, but having an end-goal in mind when getting started can help assure that you get there. "Begin with then end in mind."
Yes. You will receive access to a fully self-paced, online course that teaches you the fundamentals of trading the foreign currency markets using the same methodology that is being used to help grow your passive recurring cashflow.
We cannot guarantee a financial result, but the goal is to create $15,000 - $20,000 in passive annual cashflow per $50,000 in OPP.
Example: a $50,000 OPP account is looking to produce $15,000 - $20,000 in passive annual cashflow; a $100,000 OPP account is looking to produce between $30,000 - $40,000 in passive annual cashflow; a $200,000 OPP account is looking to produce between $60,000 - $80,000 in passive annual cashflow.
(note) These numbers are hypothetical and should not be considered investment advice, inducement, or the sole basis for making a financial decision to become a member.
Your financial commitment is limited to the membership option you choose. You are not required to place any of your own principal at risk.
The OPP account is structured to receive the prop trading firm's capital only.
If you would like to grow your personal capital, go back and select "MOP", which will instruct you on how to get started.
You can participate in both programs simultaneously. Email email@example.com for more information.
You are allowed a maximum of two OPP accounts per member. The maximum funded OPP amount is $400,000 per member.
As a member, you will gain access to the Cashflow Creation Club, a program offered by FollowMyTrades.dot.Com, Inc. This club includes done-for-you trading services geared towards building sustainable, passive annual cashflow for as long as you decide to remain a member.
You also receive access to the #ForexFam online trading course, a self-paced course designed to teach every level of student how to trade the currency market for income.
You are not liable for any of the trading principal that has been credited to you. This is not a loan.
There is no credit check or any financial obligation to you, aside from paying your annual membership fee and the agreed-upon 80/20 profit share, which is automatically calculated and allocated to your ledger.
The Lifetime Membership is where you will receive the on-line Forex course, but without the option to have us trade on your behalf.
The Platinum Lifetime Membership is where you will receive the on-line Forex course, access to my calendar for one-to-one mentoring, and the option for us to trade one account on your behalf.
It is a matter of choice, and the Lifetime Membership option is no longer publicly available.
The on-line course is self-paced, meaning that you can take your time and learn at your own speed. If you studied one module per month, you would complete the course in 8 months, which is a very conservative estimate of how long it would take to complete the instruction.
As soon as you become a member of the #ForexFam, you will start receiving live trades with pre-determined stop-loss and take-profit targets. The goal is to get you into profit as quickly as your first day trading live.
How much you deposit into your trading account is a very personal decision. However, from experience I believe it is smart to start with no less than $2,500 in your live account.
Yes. Enroll in the Platinum Lifetime Membership for us to trade for you while you learn to trade for yourself, no matter how long it takes.
This course is for all skill levels of traders. Coincidentally, many of the best students have never traded Forex before. New students tend to have less "baggage" to unpack than "experienced" traders.
Furthermore, our best students are the ones who are decisive and can take action. We do our best work with these types of students.
© Copyrights by FMTRADES. All Rights Reserved.