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Friday, May 27, 2011

FEES

FEES: StreamVest zero charges "tacked-on" management fees to your account. The cost of trading in your account is managed exactly the same as doing the trades themselves.
Here's a short explanation: In any forex trading account, whether it's shopping yourself, or you manage, you will pay a fee (called the "spread") to the FCM / Brokerage every trade taken into account. This spreads the cost of our broker is usually 2 to 3 pips on the trade, which amounts to USD $ 2 to $ 3 to trade (using 10k trade lot size of euro / dollar currency pair). This "spread" is not charged or withdrawn from your account, and thus does not show up on your account statement. It is made by FCM / Brokerage at the time of execution of the trade and is factored into price will get filled. So, on your account statement, just see the price you pay to buy and sell. Our FCM / Brokerage does not "tack on" extra "commission" charge to your account, and neither StreamVest.
In most managed accounts, in addition to expansion, a money manager will usually charge you a maintenance fee or a transaction fee and / or incentive compensation (this is where the manager usually takes from 15% to 40% or more of your profits if you win).
In StreamVest managed account you do not pay any fees to StreamVest at all. The only fee you pay is the spread of the broker (ie, this is exactly the same spread you would have to pay for trade if you were trading the account himself). StreamVest International will be paid off by the spread, by the Futures Commission Merchant, as a single charge. It usually gets 90 cents to $ 1 (one round lot traded turn10k). Thus, you will never see any management fees deducted from your account or billed to you. We take no upfront fees, no "maintenance" fees, no tacked-on/additional per-transaction fees, and no incentive fees. So if or when you have gains, you can keep it all.

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