FAQ
What are the steps to get into the fund?
- Contact us via email
- Fund a compatible broker account
- Sign the contract/PoA with us
- Share your account details for integration
What is the maximum leverage that you employ?
You can choose to copy the main fund at 1x to 3x – increasing both gains and drawdowns accordingly.
What is the maximum drawdown that has ever occurred?
On a month-to-month basis, the maximum drawdown was approximately 14% (observed in Jan 2021).
How does the copying mechanism work?
When a trade is executed on our central account, it is instantly replicated to your account, proportionally to your funds and chosen leverage, using a dedicated server for speed and reliability.
Do you have audited statements?
Yes – our audited statements cover the period from inception to NOV 24. Please view the full audit report here.
Which brokers do you recommend?
Any MT4 or MT5 broker can work. However, please note that we have an established partnership with FusionMarkets, our preferred partner in many jurisdictions.
Are gains taxable?
Taxability depends on your jurisdiction. Gains are not taxable in countries such as the UK, Singapore, Malta, Thailand, Costa Rica, Oman, Turk & Caicos, British Virgin Islands, Monaco, UAE, and Hong Kong.
Are funds locked up for any period of time?
No – you can deposit or withdraw funds at any time, although a courtesy email is appreciated.
What is the size limit of the FiatFund?
Based on liquidity statistics, the limit is approximately USD 100m.