So, how does a Meridian FX Trading Partnership work?
It is a very simple, secure and straightforward process. In the first instance, after each client passes the compliance process, we agree on a mutually acceptable brokerage house where the client opens an account under it’s own direct control. At no time will Meridian FX ever ask a client to transfer it’s capital base to our own accounts, and with your own brokerage account YOU will be in sole control of the movement of your funds.
During the account opening procedure clients are asked to submit a document granting us a Limited Power of Attorney so that we may trade the client account. This gives our traders the ability to log into a secure, and communication encrypted trading platform and place trades on behalf of clients, purely on an execution-only basis. This facility does NOT give anyone the opportunity to move your capital in any way other than trading. This Limited Power of Attorney also details the fee agreement between the client and Meridian FX, and instructs the brokerage to pay our fees directly to our own account.
Our standard service asks for no lock-in period, no notice period, and there are no lengthy contracts. The key here is control. The client remains in full control of every aspect of the operation of it’s account except the actual trading which is carried out by our team of experienced professional traders.
Essentially, that’s all there is to it. Each client can monitor our performance in real time and remains free to terminate the arrangement at any time with immediate effect. Client capital is not at risk aside from the usual risks associated with trading any market using leverage. Clients are required to thoroughly review and then sign a Risk Disclaimer, a Know Your Client Form, a Terms and Conditions Agreement including fees and drawdown limits, and of course the Limited Power of Attorney for the Brokerage. We strongly encourage each prospective client to consult Legal council regarding these agreements even though the terms and conditions are standard in the industry.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
All information in this website describes as accurately as possible the services of Meridian FX, LLC (Meridian FX); however, neither Meridian FX nor its introducing broker (if any) is responsible for any misunderstandings, omissions, or missing information of any kind. Meridian FX assumes no responsibility for your investment or results.
Contact us today by signing our Guest Book to ask any further questions, or to instigate a Meridian FX Trading Partnership
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