General Conditions for Investment Management service
✓ M/s. Forex Foresight may accept accounts for Investment Management that have a minimum of US$ 100,000 & above.
✓ Clients may open their Individual accounts with any of their desired Forex Brokers or Banks of their own choice.
✓ Clients may give the Username and Password (Master password and Investor password in case of Metatrader platforms) to the Investment Manager to operate their respective accounts. Clients should give authorization to have the password changed to the Fund Manager’s choice. This is a necessary step to avoid confusion of any double operations.
✓ M/s. Forex Foresight will operate the clients‘ accounts only for the purpose of trading. Other operations relating to their accounts must be done by the clients themselves.
✓ M/s. Forex Foresight does not prescribe any fixed period for its clients to withdraw their profit from their accounts. Withdrawal may be done at anytime, but only after closing all the open positions. M/s. Forex Foresight must be given prior intimation of such withdrawals
✓ Withdrawal from the account must be made by the clients, only from the profit earned and not from the capital invested.
✓ M/s. Forex Foresight will cease trading for its clients, if they withdraw their invested capital, even partially, without prior concurrence from M/s. Forex Foresight. This is just to ensure that their profit does not get whittled down, because of non-availability of adequate funds in their accounts for trading.
✓ M/s. Forex Foresight will charge its clients 40% of their total profit yield, towards fees for its Investment management services. The client may give necessary powers to the Forex Broker in order to pay the above fees directly to us, if they pay the fees through the Forex Broker.
✓ Apart from Investment Management fees, M/s. Forex Foresight does not charge its Clients any type of direct or indirect / hidden charges like commissions, yearly management fees, rebates etc.
✓ Investment Management fees shall be paid to the management for the profits earned by the company, irrespective of the status of the open positions held at the end of the every month.
✓ Pending positions will be carried forward towards next month and M/s. Forex Foresight will take Investment Management fees in the following months only after making new profits clearing the pending floating positions, if any.
✓ At M/s. Forex Foresight, in the event of loss incurrence, recovery of loss is a priority to ensure the clients have financial security and peace of mind. Any recovery of loss is also subject to a fees of 20% .
✓ Trading goals and analysis made by the Fund Manager may be affected by changes in the general market conditions, global factors and forces affecting the markets, in particular, level of interest rates, various market related factors, trading volumes, settlement periods, transfer procedures, currency exchange rates, foreign investments, changes in government policies, taxation, political, economic and other developments globally etc. The Fund Manager shall not be responsible or liable for losses resulting from the operations of the Account due to the said reasons.
✓ The investments made are subject to external risks such as war, natural disasters, policy changes of local / international markets etc., beyond the control of the Fund Manager which affects markets. The Fund Manager shall not be responsible or liable for losses resulting from the operations of the Account due to the said reasons.
✓ The Fund Manager shall not be liable for any loss incurred due to sudden and unexpected wild fluctuations, deceiving trends/movements, adverse reactions to the world financial and fundamental news. The Fund Manager shall not be responsible or liable for losses resulting from the operations of the Account due to the said reasons.