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Setting up money managed accounts or signals
Hi blueocean,
Thanks for your message, yep I will certainly let you know.
Am in the process of continuing forward testing and looking at best way of managing the service.
At the moment I am thinking either:
1) A subscription service which sends trade signals to your MT4 terminal for a monthly fee.
2) A money managed account.
Could anyone with experience in the above recommend a broker which offers an easy way to manage several accounts or a central money managed account was thinking IBFX but don't know if they still have their PAMM offering.
Currently I am thinking 30% of monthly profit in performance fees which means you keep 70%, this seems to be fairly standard with other services, may go to 25% but am still in the process of investigating. Any one with previous experience to share in this domain please PM me.
I could in theory have this up and running tomorrow but want to do it in the most efficent and pratical way for everyones benefit. Thanks.
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