Derivatives Managed Account Program
Sapphire TradeX offers FX and CFD managed accounts for retail investors, who have neither the time nor expertise to manage their own accounts.
Terms Of Offering
- Minimum Investment:
- US$ 50,000 USD or equivalent
- Management Fee:
- 1 %
- Performance Fee:
- 20 %
- Average Monthly Returns:
- 3 %
- Attempted Annual Return:
- 36 % ~ 60 %
24/7 Customer Service
Instant access to your money
Accounts held at brokerage banks
Notes: Past Performance Is Not Indicative of Future Results
Managed Accounts Program Enrollment Procedure
- Apply by sending us your personal data to our email: contactus@sapphiretradex.com. Personal data include your full name, identification number, nationality, contact number, email address and the amount of trading capital you intend to invest.
- Open a trading account with our stratgeic brokers.
- Once your trading account is opened you have to deposit your money into the account.
- When your account is opened, please send us signed Limited Power of Attorney (LPOA) to our email: contactus@sapphiretradex.com
- Once we receive the LPOA, we resend it to our broker who will automatically put your trading account under our management.
- As soon as the broker receives your LPOA together with all documents needed for opening the account and your money is deposited in your account, we will start trading your account.
Past Monthly Returns
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 3.16% | 2.13% | 4.31% | 2.69% | 1.35% | 3.48% | ||||||
| 2015 | 3.87% | 5.21% | 3.84% | 4.21% | 2.16% | 5.01% | -0.22% | 1.31% | 4.44% | -0.29% | 5.34% | 2.08% |
| 2016 | 3.78% | -0.02% | -0.67% | 4.27% | 5.36% | -0.48% | 6.61% | 4.35% | 5.31% | 4.61% | 2.82% | 3.74% |
| 2017 | -1.38% | 4.75% | 5.21% | 3.86% | 3.24% | -0.73% | 5.54% | 6.34% | 3.55% | 3.23% | 3.10% | 6.00% |
| 2018 | 1.58% | -1.69% | 1.13% |
Frequently Asked Questions
OPENING AN ACCOUNT
We provide a link to Instructions for opening an account, and the Account Application you must fill out and submit to the broker. If you have further questions, we can often help with what you need to know, or find out for you, as well as provide you the names of specific contact people at the brokerage from whom to get information most quickly.
Yes, you have to open a trading account with the broker used by the managed account program. You open the account in your name.
No. Your account must be opened at the same brokerage as all others under management in that program. The head trader for the program has access to software that allows trading of these accounts as a group , but they must all be at the same brokerage for the trade manager to use this.
DEPOSITING AND WITHDRAWING FUNDS
Most brokers accept funding by bank wire or personal check
To withdraw funds, you simply execute a withdrawal just as you would normally from any other brokerage account, according to the procedures the broker uses. Usually this involves submitting a form that you sign requesting the withdrawal, which also specifies the means by which you wish to receive the money, such as by bank wire or check. See the brokers website for details.
No, the funds in your trading managed account are in your name at the broker. You are the proprietor of this account and the only one who can make deposits to or withdrawals from this account. The only power you grant to the trade manager for the managed program is the power to trade your account through a Limited Power of Attorney, which also authorizes deduction of the agreed performance fee/profit share (incentive fee) stated on the Power of Attorney.
Yes, eventually profits left in your account will be considered an addition to principal, and will be factored into trade size calculations for future trades. How long it takes before they are included varies according to the period used for assessing profit share deductions and the trade strategies used in the managed program. Some account programs use cycles of trades that are interconnected, and it takes times for new funds to be fully integrated in the cycle. It could take up to a month before your profits were fully reinvested.
TRADING IN YOUR ACCOUNT
This varies according to the trade strategies used by the program in which your account is participating. Sometimes it will only takes days before you see the first trades being placed, and sometimes more than a month. As soon as your account is funded, the trade manager for the managed account sees that it is ready for inclusion in the next new cycle of trades, you need to do nothing, the trade manager is automatically alerted by the broker.
When your managed trading account is opened at the broker, you are issued a Username and Password which enables you to view and monitor the status of your account 24 hours a day. Through this Login, you can view a complete history of all closed trades as well as the status of any open trades.
The broker is the main contact for all questions about your account. You will not have direct contact with the trader. With a managed account you let the trader do the trading and periodically evaluate the results, however frequently you wish.
No. A managed account can only be traded by the trade manager you authorize with a Power of Attorney. You can revoke the Power of Attorney to regain the ability to place trades in the account yourself, and then it will no longer be a managed account.
No. You can revoke the Limited Power of Attorney on your managed account at any time.
FEES
The monthly profit share, or incentive fee, is usually deducted by the broker on or near the last day of each calendar month.