Frequently Asked Questions
What are the advantages of being a Forex Trader Portal Member?
Why should we trust you with our funds?
Where do you operate from?
How long have you been operating?
What are the reasons for low interests?
What is Principal Insured?
What are your Fees?
How do we contact you?
Can we have more than one Membership Account?
What is the minimum investment required?
How do we make a deposit or withdrawal?
When is the monthly cut-off for deposits?
I can't see my Deposit in the Account Overview?
What are Pending Deposits?
Why is there a 5 days settlement period?
How can I see my Pending Deposits?
When do deposits start earning interests?
When do we receive our interests?
Can I compound my interests?
How long is my money committed for?
What are Pending Withdrawals?
What happens if a Fund Manager loses money?
Do you provide any guarantees?
Can I contact Fund Managers directly?
Can I refer other people to join Forex Trader Portal?
How is Referral Interest calculated and paid?
What is e-Gold?
How well do you know the Fund Managers?
Will you introduce other Fund Managers to this portal?
Can I recommend you to a Fund Manager?
What are the requirements for a Fund Manager?
What are the advantages of being a Forex Trader Portal Member?
Forex Trader Portal membership is free and it allows you to research and invest in credible fund managers solely at your own discretion.
Here are some of the major benefits:
- The opportunity to invest with lower minimums and no holding of principal. (less risky)
- The convenience of quick withdrawals - normally within 5 business days.
- Our traders behind each programs has at least more than 5 years of trading experience with proven track records.
- We conduct in-depth research and due diligence in all our fund managers.
- All informations are backup daily.
- We provide alternative contacts in the event of DDOS or attacks in any other form.
- All data are encrypted to provide our members and fund managers a peace of mind.
Why should we trust you with our funds?
One of the objectives of Forex Trader Portal is to identify and recruit trusted fund managers with our stringent requirements so as to properly manage and invest our members' funds with investment programs that require higher minimums and some higher risks. We have researched and conducted our due diligence before appointing our fund manager to perform the task. We maintain contact with all the fund managers to provide a considerable degree of confidence that the Forex Trader Portal is doing what it preaches.
Also, we have been operating offline since Sept 2005 without complaint. While this does not necessarily assuring our integrity, but it shows that we are competent and professional to provide our members the best services over longer period. We feel confident now to bring this investment opportunity online, in 10 Mar 2006, to potential prospects globally and push our business to greater heights.
Last but not least, we are making some profits from our business activities, which we expect to grow substantially over the coming years, and it would be extremely imprudent for us to throw this away.
Where do you operate from?
Forex Trader Portal is not a registered entity in any jurisdiction. It is not operating from the US or by US citizens. Please read through our Terms for additional information on our legal structure.
How long have you been operating?
Forex Trader Portal started online operations on Mar 10, 2006.
What are the reasons for low interests?
Interests rate offered by our fund managers may appear less attractive for some of you, especially if you compare us with many other high yield investment programs. The reasons are as follow:
- Our fund managers only do day trading.
- Our fund managers only trade less than 20 days in a month due to personal commitments.
- Our fund managers do not trade with all the deposits they managed and they offer certain percentagel of principal protection.
- Forex Trader Portal takes 25% management fee from the net monthly profits from each fund manager and post the net interests on the performance page.
- Apparently we are not running a ponzi, MLM, pyramid or similar kind of business model.
- Most important reason is that we are running a serious business and we want to grow with you.
We are seeking for more reliable traders at this point in time, please visit our prerequisites here.
What is Principal Insured?
Forex Trading is high risk in nature and some fund managers offer certain level of protection on your deposits only to prevent total loss due to bad trades or unforeseen circumstances. For example: If Howard offers a Principal Insurance of 50%, you will receive at least 50% of your deposits, less any earnings, bonuses and commissions, in the event of trade losses. We feel this is necessary to protect our members' funds. Do note that insurance covers only your deposits and not account level.
What are your Fees?
Forex Trader Portal charges an administration fee of 3% or $3.00, whichever is higher on each withdrawals to cover banking and transfer costs. This is necessary to help us reduce cost as we do not keep funds online due to security reasons.
We do not charge penalty fee for early withdrawal of principal as we have strong reserve fund to maintain the stability of our investments.
How do we contact you?
We operate via email, but as part of our efforts to fight spammers, we will not publish our email addresses online. We ask that you utilise the online contact form on our website, which you can access by clicking here. We will normally respond within 3 working days by email.
Can we have more than one Membership Account?
No, you may have only one Membership Account for any individual or organisational entity. This does not mean that you cannot invest in more than one fund manager as that is exactly why Forex Trader Portal was created. You can spread your Forex Trader Portal investment across as many fund manager as you wish.
What is the minimum investment required?
The minimum investment required to join at least one of our fund managers is $50. Please note that no interests will be paid to account balance of less than the minimum required for each plan.
How do we make a Deposit or Withdrawal?
You can select a fund manager to transact with via the "My Accounts" link in the member's page. You can then make a deposit to, or withdrawal from any Fund Manager using the Deposit and Withdrawal features located in the top menu of each fund managers.
We only accept E-Gold at this point in time as it is the most reliable and widely used payment processor.
When is the monthly cut-off for deposits?
The cut-off date and time for deposits to earn interests in the following month is midnight server time on the last day of each month. All deposits will be Settled into your account on the 5th of the following month by midnight server time.
I can't see my Deposit in the Account Overview?
New deposits made before cut-off date and time are termed Pending Deposits. They will not show up in the balances of the Account Overview on the "My Accounts" page. Please follow this link to learn how to view your Pending Deposits.
What are Pending Deposits?
All deposits paid to Forex Trader Portal before cut-off date and time are termed "Pending Deposits". Deposits will be "Settled" into your account balance after midnight server time on the 5th of the following month.
Why is there a 5 days settlement period?
This is because Settled deposits can be withdrawn immediately, we need to ensure that we have received payments from all deposits that are recorded into our system. We will then do a manual check for any discrepancies between the system record and our e-gold account before we settle those deposits into respective members' accounts. Taking into considerations on the possibility of weekends and holidays falling on the first few days, 5 days allowance will ensure that this process is carried out thoroughly and accurately.
All deposits will start earning interests from the 1st day of every month despite the 5 days settlement period.
How can I see my Pending Deposits?
Please click on the specific fund manager you have funded to see details of your investment. The new deposit amount will be categorised under "Pending Deposits" section . If you click on it, it will take you to the "Deposit History and Status" page (which you can also access from the "Deposit" page) You will see full deposit transaction details.
When do deposits start earning interests?
Please follow this link for more information.
When do we receive our interests?
When the interests for previous month is announced and paid by each programs, it will be credited into your account latest by the following dates:
Howard - 10th of the month
Chris - 10th of the month
Interests still compounds monthly, no matter how late in the month it may be applied to accounts. Interests will be calculated according to your account balance before it is credited into your account.
Can I compound my interests?
All Forex Trader Portal accounts compound interests by default. The interests is paid to your internal fund manager account, not to your e-gold account. Therefore the next month you are paid on the compounded balance total of principal plus interests. There is no differential between principal and interests within our system. You simply have a total balance (for each fund manager) which can be left to compound for as long as you wish, or you can make withdrawals from this total balance at any time you wish.
How long is my money committed for?
There is no lock in period for trading balances in Forex Trader Portal pool accounts. We have strong reserve fund to maintain the stability of our investments. Members of Forex Trader Portal are able to access funds from their Accounts within 5 business days of a withdrawal notification. We charges a minimal amount of 3% or USD$3.00 whichever is higher on each withdrawal transactions to cover our banking and transfer costs as well as the lost interests costs of maintaining this reserve fund.
What are Pending Withdrawals?
Withdrawal requests that have not been paid to your e-Gold Account are termed "Pending" Withdrawals. When they are paid to your e-Gold Account, they are termed "Settled". Payment is made within 5 business days.
What happens if a Fund Manager loses money?
Each fund manager provides certain level of insurance on your deposits to prevent total loss due to bad trades or unforeseen circumstances. Please see "What is Principal Insured?" for more details.
Despite Fund Manager's excellent past performance, this does not guarantee future performance. Fund Managers that we have recruited, are selected for their good risk management and consistent track records. We recommend you maintain your investments in Forex Trader Portal as part of a balanced investment portfolio.
Do you provide any guarantees?
We offer a limited guarantee on any loss only to the value of the Trading Reserve. (See above). Any monies invested should be risk capital only and past performance does not guarantee any future performance.
Can I contact Fund Managers directly?
No. The sole purpose of the existence of Forex Trader Portal is to provide a platform and create mutual benefits between our members and fund managers while protecting their privacy. We took great efforts and length of time to identify and recruit reliable trader with consistent track record and we will never sell or reveal these findings to anyone as this is vital to the survival of our portal and business.
Can I refer other people to join Forex Trader Portal?
Yes. You will earn 10% referral interests based on profits and not on principal of your downlines. (See below)
How is Referral interests calculated and paid?
Referral interests is paid to Members who have at least the minimum deposit in at least one Fund Manager and is paid to through only 1 level. Referral interests is based on profits, not on principal and is paid monthly at the same time as the underlying interests. (See "When do we receive our interests?" above). The percentages are 10%. For example if a referral is paid 5.5% in interests, then an amount equivalent to 10% of this or 0.55% is paid to the first level referrer.
The referral interests is paid into the same Fund Manager account that it is based on. For example, if the referral interests relates to a referral's Howard balance, then it will be paid into your Howard account.
What is e-Gold?
E-Gold is an online digital currency issued by E-Gold Ltd, a Nevis corporation. To learn more about e-gold, please visit www.e-gold.com . You need to locate a reliable 3rd party exchanger ("moneychanger") for buying and selling transactions.
How well do you know the Fund Managers?
We have known both Howard (alias) and Chris (alias) for many years and they have proven themselves to be outstanding traders with more than 5 years of experience. As such, we have decided to pull resources and get together to create and make this portal a success.
Will you introduce other Fund Managers to this portal?
Yes, as and when we feel confident that the Fund Manager offers the level of security and consistency that we are seeking.
Can I recommend you to a Fund Manager?
Yes. If you know a Fund Manager that fits into our bill, and that we recruited him/her successfully, then you will receive a Recommendation Fee.
What are the requirements for a Fund Manager?
There are a number of key factor we are looking for, so before you take the time to recommend a Fund Manager to us, we need to make sure of a few things.
1. |
You need to know the Fund Manager for a substantial period of time. Send us the resume or CV in WORD format with full contact details and working experience of yourself and the Fund Manager. |
2. |
The Fund Manager needs to be professional people of the highest integrity and experts in their area of specialization. |
3. |
The Fund Manager should be able to provide a minimum 1 year, verifiable track record of dealing profitably in the investments they trade. |
4. |
This record should show a high level of consistency through the application of stringent risk control. |
5. |
You should know, that the systems in place to transfer, hold and account for clients monies, are both legally structured and professionally maintained. |
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