Good Day
First, Let us talk about the managed accounts under aleccohFx
They are done by the aleccoh Trading Team that Succeeded in Providing this forum's member 11 000 pips in all accounts traded in 28 days.
You can see and compare if any EA on earth ever did it or if a Trading Team ever Dared to do this challenge in front of 78141 forum members as of today without ONE $ LOSS.
Of Course Draw downs exists and are our every day bread.
Sometimes unfortunately ,accounts holders loose patience or have weak nerves and ask to cut the DD short.
We always follow there rules because they overrule ours since they are the ones directly concerned and we respect their decision.
In a word, you can put the STOP and CLOSE all trades at your convenience before the account managing starts.
Concerning the anti money laundry matter, here is what we do.
aleccohFx is owned 100% by traders and the major shareholder is aleccoh Trading team .
The aleccoh trading team is a team of traders from all over the world but mainly from LEBANON.
We chose Transparency from the beginning and we are continuing this policy.
All transfers within Switzerland Go directly to our liquidity provider's main account under Sub accounts.
Every Sub account to be opened, needs appropriate papers from the account holder and goes through the OARG and the GSCGI Swiss government regulation offices before being accepted and allowed to send funds.
So , within Switzerland , it is settled.
NOW we have the matter of international clientèle.
ALL accounts opened under aleccohfx from abroad must pass by our Swiss regulator for confirmation AND ALL FUNDS coming from abroad (except Switzerland) MUST PASS BY OUR SWISS Bank's head office in Beirut Lebanon for acceptance of funds origin.
Every account holder have a dossier with LEBANESE banking authorities AND SWISS banking authorities too.
With Such a Double check regulation system, a money launderer must be REALLY lucky to pass through the double regulations NET.
Very soon , we will be opening aleccohfx USA regulated by NFA and CFTC.
The same double regulation NET will also be in place and in this case it will be : All US customers can send money within USA not passing by Lebanon
And all foreign customers will pass by LEBANON THEN USA for double checking.
I hope I've been clear enough and believe me , i trust my country's anti money laundry laws Much more then all country's AML Laws put together (no disrespect)
Please Read this as it is The soul of our System :
BLOM Bank : The Group : Anti-Money Laundering