I don't know if you have noticed that the life cycle of foreign exchange asset management is usually short. You can always see asset management companies with different concepts and novel forms, winning the attention and trust, shining brilliantly in the first half of the year, and then dying. Of course, some of these losses are due to lack of ability, but more are those foreign exchange asset management that are unintentional and just want to deceive customers. They usually use three methods:
I. Management of Ponzi Assets in Foreign Exchange
"Ponzi scheme of foreign exchange" is the expression of Ponzi scheme in foreign exchange management, and it is also the most common asset management scheme in the market at present. Fraudsters set up a currency trading platform privately, packaged it with fake MT4, forged the supervision and qualification of the platform, and claimed a high guaranteed income to customers, usually with an annualized income of more than 20%, in order to attract customers' investment.
The customer's investment naturally becomes the money in the pocket of the black platform. After that, the investor's capital investment will make up for the income of the previous investors and encourage the development of offline by means of "rewarding dividends". Finally, a Ponzi scheme of foreign exchange asset management will be formed. But if this continues, the capital chain will break one day.
Publicly, Ponzi Asset Management tends to use EA, an automated and intelligent trading program on the tall platform, to trade instead of customers. In fact, we have done nothing, just making or modifying the transaction records on our own MT4 platform. Customers may see that the funds in their accounts are profitable, but in fact all the orders they see are fake.
Second, use the account number between customers to knock on the door.
Hedging means using two different accounts, one is long and the other is short. One account will always make money, and the other account will lose money.
If the asset management talks with the customer, the customer account is allowed to lose 30%. Then assuming that asset management has no professional ethics, he can knock on the accounts of different customers. Accounts that make money can be divided with customers, and accounts that lose money are within the agreed 30% authority clause. This means that this kind of asset management will be able to carry out stable arbitrage with customer accounts. The arbitrage space depends on the account settlement cycle and withdrawal ratio agreed in the agreement signed with the customer.
Third, increase the price difference, brush the commission, and maliciously explode the position.
This kind of asset management is generally divided into two types. One is that the initial heart is good. Originally, I wanted to give the customer a profit share, but the transaction was not done well. The client can't lose money, so I can only brush the commission. The commission is very high, regardless of the funds in the account. The customer account has exploded, and the customer goes to the asset management party, which is basically empty.
There is also a kind of person who is ready to run away from the leek at the beginning and dares to offer all kinds of good conditions to customers. After the customer opens an account to save money, add three or five points to make a large number of brush transactions. In less than a month, 60% of the money in the customer's account may become a commission and become money for foreign exchange asset management. And your money was cheated "reasonably" like this, and finally you couldn't find anyone at all.
We rarely see that foreign exchange asset management, which lacks formal trading strength, can survive in the market for a long time. For investors, when choosing asset management, we should first look at whether the trading platform is compliant, attach great importance to the supervision and compliance of the platform, and consider the background, reputation and strength of the asset management team in many aspects. Don't believe the propaganda on paper, pay attention to your money bag!