Copying Forex transactions is positioned as a safe and serene method of generating income. You choose a reliable broker, join the program, transactions are repeated automatically, the player can only get a buyback.
Before studying this article, the reader should repeat the 5 on 95 mantra forty times - only 5% of the players are successful; 95% become feed for five percent; currency from the air does not arise; if somewhere has arrived, then somewhere has disappeared. A successful Forex deal is rare, like a comet on a heavenly slope.
Workers of all exchanges, unite
To increase success, traders develop Forex plans and strategies based on technical analysis, news background and intuition. Observing people calculated the demand for a successful deal, appreciated the psychology of the crowd and invited traders to unite. When we are one, we are invincible. One of such popular fronts was announced by the IAFT organization - an international association of forex traders, a limited liability company registered in the Unified State Register of Legal Entities with an authorized capital of 20,000 rubles.
IMPORTANT: The decision on the imminent exclusion of an inactive legal entity from the Unified State Register of Legal Entities from 08/25/2017 No. 90447 was published. Published in the journal "State Registration Bulletin" from 08/30/2017 No. 34
(clause 17 of the Information on the legal entity, 08/29/2017).
Simple truths in the shade
The IAFT website has IAFT Ltd. registered in Cyprus as the owner of the company. No data was found on the owner’s site. The following IAFT documents are not publicly available: Articles of Association of the organization with acceptable activities and constituent agreement; certificate of entry in the register of legal entities; Bank details; Names of managers; permits for the right to work in the foreign exchange market.
Similar documents are not available on the IAFT website. In addition to the above, in view of the fact that the company positions itself as a trade union of traders, there should be regulations on the compensation fund and on membership fees; the audit commission is obliged to provide a report on budget execution to “union members”. Missing information.
Contact Perversions
When you try to click on the link from the IAFT website to the IAFT website, the “Error 404” banner pops up, the page does not exist.
Another company with the name IAFT - “International Association of Forex Traders” on the site nalog.ru, that is, in the state register of USRLE, was not found.
The object with the name Traders Union, which is referred to several times on the IAFT website, is also not listed.
According to reviews, attempts to get through after 17:00 Moscow time to the number indicated on the website with enumeration of all the additional ones were unsuccessful. Serious companies that position themselves as international associations do not leave unanswered calls around the clock.
IAFT website overview
From the start, the site of the office inspires respect for the style of design and the volume of services offered.
1. Forex trading is fraught with costs and losses. The psychological technique - the promise of a return on what was spent - works flawlessly. Therefore, at the forefront, rebate is the opportunity to return the commission paid to the broker free of charge, regardless of the outcome of the transaction. It does not matter whether the transaction is profitable or unprofitable, a market participant can get up to 100% commission back.
2. Choosing a decent broker is more important than deciding on a life partner. The IAFT offers a variety of lists: verified, decent, successful, unscrupulous participants in the foreign exchange market.
3. The risk in any work is inevitable, like thunder after lightning. Therefore, in case of disagreement with the broker, the IAFT offers legal assistance. Algorithm: alleged fraud application; investigation of the situation by lawyers of the “trade union”; if the broker is right, then the advice “read the agreement carefully” from lawyers; if the broker cheated, then suing. Here an interesting point arises: the place of the hearing of the case is at the place of registration of the broker, some Crocodile Islands. Will the plaintiff go to court?
4. For the preparation of beginners and the development of professionals, the company offers free use of text, audio and video material. Reading and viewing registrations are not required.
5. Currency market gurus post their view in the analytics section. Non-self-reliant citizens can rely on expert advice, but serious people prefer to read the reviews and then do it their own way.
6. In any case, motivation is important, at least virtual superiority. Therefore, the company organizes contests. Customers of the IAFT, the international association of forex traders, can participate in the distribution of free pies. The generally accepted practice here is arranged according to general rules - winners receive a monetary reward.
Everything is beautiful, but the lack of registration parameters, a message from the Unified State Register of Legal Entities about the decision to exclude the IAFT from the list in the aggregate contribute to the company's valuation.
It seems that the citizens who established the LLC "IAFT" did not cope with the task. While the essence and the matter, it is better to refrain from all sorts of "trade unions" and develop an independent strategy on the "Forex".
Finance requires respect
You can receive income in various ways, but more honestly and more reliably with your mind.
However, advertising for Forex transaction copy services on the Internet is incredibly large and aggressive. Any developer of trading programs will find their hungry freebie customers.
The service for copying Forex transactions is fresh as a young radish and unpretentious like a rake. Hunters for easy prey are invited not to spend their lives studying the market, politics, economics; Do not burden the brain gyrus with mathematical statistics and, in general, mathematics. It is enough to know the four rules of arithmetic and the name of the broker who will briefly open an account for an adventurer. Not for long, because 99%, well, 95% of the players lose their account for a maximum of three months.
Explicit and implicit order
The income of the forex broker does not consist of the miserable commissions paid by the player, but rather of the merged accounts. Suppose a person is convinced that copying the transactions of successful traders will bring him income on the Forex. Comes to a broker, concludes a contract and starts to drive couples. On the monitor screen are beautiful two-color graphs of price movements. Placards showing the supply and demand for a traded asset can be opened nearby. But the connection between these objects is ephemeral.
In fact, the charts on the players monitor are formed by the broker's market makers. It’s like in a casino - call “place bets”. Funds put on the stake remain with the broker and do not go beyond the brokerage office.
In order not to discourage the desire to continue the game, small speculators are given the opportunity to “earn” three rubles.An attempt to deposit a large amount ends with a movement in the direction opposite to the wishes of the player.
Copying Forex transactions is also futile because electronic trading. The speed of operations on computers exceeds all that can be exceeded in manipulating the currency. Milliseconds are enough to make a loss-making transaction from a planned profitable one.
Club customer feedback
Feedback on IAFT leave outside the article. Consider, for example, reviews of the Forex Club. Copying deals is not offered here. Instead, this procedure provides a choice:
- Trading strategies from experienced traders. It is possible to connect to the strategy in training mode for a period of two weeks.
- Investment portfolios with a set of highly profitable instruments. Portfolios are formed according to three types of scenarios: “aggressive”, “moderate” and “conservative”. The degree of risk is inversely proportional to the expected interest income. The offer is valid for customers who are ready to open a deposit of at least $ 3000.
The MT5 program has announced a demo version with the ability to copy Forex transactions of other traders.
Dealing and Central Bank
Forex Club Limited, registered in the state of Vincent and the Grenadines, organized LLC Forex Club in Russia. For unimpeded introduction into the exchange world of the Russian Federation and for the legitimate attraction of Russian citizens to the ranks of traders of an international company, the club received a license from the Central Bank of the Russian Federation for the activities of a forex dealer in 2016. This information is available on the company's website.
According to the company’s representative, the Russian clients of the company can rely on legal support from the state and the company when an unprincipled market participant acts on a player.
Selection rules
Returning to the topic of copying transactions, it is worth noting: if the trader considers the copying strategy acceptable for himself, then he must carefully approach the choice of a partner.
1. Do not chase a master showing more than 100% profitability. These can be one-time successful transactions in a short time interval, followed by a long period of calm. Estimate the percentage at which free funds can be placed on deposit. Multiply by two. Here with such an indicator gurus and choose. See how profitability lies on an annual chart. If evenly and stably, this is definitely your master. Connect and earn.
2. Give to management not all free finances, but one-third or a quarter. This rule is called "don't put all your eggs in one basket." In addition to Forex and currency pairs, there are also sources of income.
3. Never place a bet on the last. Never take credit for the game in the blind hope of winning back by following someone else's strategy. Forex trading does not provide easy income.
4. A worthy guide to the world of gesheft regularly, at least once per trading session, updates the data. Do not choose “silent people” under the pretext that money loves silence.
5. If a player has chosen a master to be followed, he should not succumb to persuasion to change the terms of bidding, for example, to increase leverage. Your master has decided on his shoulder, so do not fantasize at a loss, do not be greedy.
6. Do not try to sit on two chairs - copy transactions of only one trader. A pile of bets will cause the appearance of Nikolai Margin and greatly reduce the deposit.
Refuse
"Forex", including copying of transactions "Forex" - a kind of gambling, casino. Sometimes the press reports on the success of individual players. Articles with half-hints on fabulous wins are posted.
It should be understood that the casino is not created in order to benefit those who wish to get rich without difficulty. Casinos are a dazzlingly cruel world. You can enter it only with well-armed rules and finances. And on Forex, too.
