Global Forex, LLC

$33 million.

That’s the trading experience of Global Forex, LLC (GFM). Since 2007, this firm under the deft skills of Kevin Clarke and Bill Breen has been providing managed forex accounts to both institutional and individual investors with an obvious phenomenal success rate.

As the founder of Global Forex, LLC, Clarke steers the company in his dual roles of chief market technician and lead trader. Breen complements and supplements Clarke’s skills through his duties of careful managing of the clients’ portfolios as well as keeping the lines communications open and clear for both current and prospective clients.

The Cornerstone of a Professionally Managed Account

Without a doubt the approach to risk management is the key of any professionally sound managed account. And that’s exactly what Global Forex, LLC is — risk management at its finest. I spoke with Breen personally to discover what makes this company so successful.

And in a way the answer was eloquently simple. The pair implements what they call a manual trading strategy. As you might guess from the description it’s a hands on, carefully watched program aimed at scrutinizing the price action of the market. This approach has been perfected over the long term to bring about high returns with exceptionally low drawdowns.

Global Forex”s average monthly drawdown is a remarkable 3.6 percent, this figure being achieved by using a 50:1 to 400:1 leverage. Moreover, the firm’s historic peak to valley drawdown occurred in April 2008, of 11.02 percent.

As you’re well aware, past results, though, are never any guarantee of what the future performance. But the track record of this firm is quite impressive, yielding gross average returns of some 9.2 percent for four years.

The Emphasis: Quality

There’s another aspect to this success that makes it rather unique. That’s the fact that Clarke and his entire team are highly selective about the trades they actually take. It’s not unusual, in fact, for them to be in and out of positions in 10 minutes or less. And on top of that, they may only accept a very few trades in a single month.

The Way It Works

The way the trading works is actually quite simple. You’ll open and fund a live trading account with IB Capital — Global Forex’s designated broker. Your account automatically becomes a part of what’s called the master trading account. Global Forex then uses what’s called a MAM system or Multi Account Manager. It’s a highly sophisticated software application especially created for professional traders for trade management account funds. While there exists only one “Master Account,” the software provides for an unlimited number of investor accounts.

And this is where the genius of this system really shines. It provides the money managers the opportunity to trade on your behalf, but it does not allow them to deposit or withdraw funds. Only you, as owner of the account, can do that.

However, the separate individual accounts, along with the Master Account, are actually traded as one unit. This offers a flexibility for a host of money and position management options.

Once your account is live and established with the broker, you’ll be issued a username and a password. This enables you 24 hours a day access to your account. You can view and monitor it at your convenience. You’re able to view its complete history, closed trades and active ones.

GFM Track Records
You don’t make money, Global Forex doesn’t make money

It really is that simple and quite frankly rather unique. Many money managers receive what’s known as “back-end” trading volume commissions from brokers. Global Forex doesn’t do this. The only way this firm receives compensation is through performance fees. Period. The bottom line? The firm doesn’t get paid unless it makes you money.

At the end of each trading month, Global Forex calculates your trading profit. A performance fee is then computed on all gains. A monthly performance fee of 25 percent is charged by Global Forex on generated net profits. Should a month no profits occur, no performance fee is charged until the losses are regained.

The minimun investment amount for applying direct through the GFM site is $50,000, but here at Futures Trading Strategies we have negotiated a deal that can allow you to get in at a minimum entry level of just $10,000.

So, as an example let’s say you open and fund your account with $10,000 and Global Forex then creates 10 percent growth of $1000 during that first month of trading. The 25 percent performance fee is $250. But that fee wouldn’t be withdrawn from your fund until the following month.

Prior to paying any performance fees, your ending monthly balance would be $11,000. The balance, after the performance fees are withdrawn, then becomes $10,750.

If you had opened and funded the account with $10,000 when Global Forex started in October 2007 then your money would have grown to $233,600 in the 4 years to the end of September 2011, after all performance fees are paid. Thats a growth of 2236% assuming you left the money in and without any withdrawals. If you had invested $50,000 that would have grown to a massive $1,167,998 for the same period.

You Are In Control — Always

You’re in control of the account. Placed in your name, or your business name, No one has the ability or authority to withdraw your finds but yourself. Global Forex, however, retains a limited “trade-only” account access. This is done through what’s known as a limited power of attorney, usually referred to as LPOA. This is nothing more than a document providing Global Forex authorization to trade your funds. Nothing more. Nothing less.

At any time you wish you can revoke the LPOA or simply close the account.

The broker processes withdraws the same day they’re received, normally through a wire transfer. Depending on the country in which you live, this process may take up to two to three business days to reach your bank account.

Any profits not taken from the account then become part of the principal, and are then calculated into trade size for all future trades.

While Global Forex provides complete confidentiality on all of its clients, you are solely responsible for paying any and all applicable taxes on all of your profits as required by your country of residence. Of course, it’s advisable that you consult with a qualified accounting professional to determine the extent of your potential tax liability.

Your Bottom Line

That, in the final analysis is the only vital aspect: your bottom line. Currently, there’s a very high turn-over rate in the retail managed accounts industry. So being able to watch Global Forex produce consistently month after month, year after year is quite amazing.

Global Forex has one of the best risk-to-reward tradeoffs in the industry. This phenomenal accomplishment stands as a stunning testimonial to the highly developed skills of Clarke and Breen.

Their skills are outstanding examples of the how the display of knowledgeable and skilled traders can boost your potential long term results. You automatically get the feeling for this once you talk with a few of Global Forex’s active clients. Their personal results matched the performance figures given to me. But more than that, they couldn’t praise the company enough for its exemplary support and customer service.

It’s most uncommon for a firm of this quality to acquire smaller retail clients — but Global Forex currently is. But then, it’s difficult to gauge how much longer the firm will be in a position to do this. But what’s even more astounding is to be in a position, as a client to have telephone access to both the head trader and the money manager as well, as you currently have with Clarke and Breen.

Yes, it’s true. All you have to do to speak to Breen is to call the main number on the Global Forex site. As a rule, all telephone calls are returned within 24 hours.

Take all these factors into account and what you end up with is a program that is perfectly tailored for any investor, like yourself, who is searching for the ultimate combination of protection of your principal with the highest possible returns.

Want to Learn More?

Simply click here to fill out the interest form. Here you’ll also be able to view performance results dating back to 2007 as above. Of course, you’re under no obligation whatsoever.

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Risk Disclaimer: Forex investing is not an activity in which everyone should participate. It carries a risk of loss as much as a risk of gain. In fact, the two are inseparable. The potential exists for large losses as much as the chances are you’ll experience large profits.

Forex investing is known for being a dynamic, highly leveraged class of investment. Only risk capital — that money which would not represent a considerable change in your daily lifestyle — should be brought to the trade if it should be lost.

 

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Filed under: Managed Trading Accounts

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