Do you know something about 'YesFX'?

Hiperfly · Aug 8, 2014

I applied to a remote trader position and these are the conditions:

Please be advised that we require you to utilize your own Trading System in combination with YESFX money management trading rules as seen below:

Â· Minimum trade per day: 1
Â· Maximum trade per day: 3
Â· Minimum or Maximum position size per trade: 100.000 (1 lot)
Â· Intraday positions: All positions must be closed before the end of the trading session.
Â· Minimum Stop Loss per trade: 10pips
Â· Minimum Take Profit per trade: 10pips
Â· Maximum daily loss: â¬900
Â· If dropdown of 10% (â¬5000)occurs in the account, the trader will enter monitoring and we have the right to terminate the contract
Â· Instruments: Eurusd, gbpusd, audusd, eurgbp, usdcad, usdjpy, eurjpy, gbpjpy, euraud,

You will have a chance to ask any questions regarding the above rules during the interview.
Successful candidates will be asked to provide the following information in order to proceed with the hiring process:
Â· A valid copy of your passport â in order to prepare the âPartnership Agreementâ (sample of the agreement, do not print, read only).
Â· A one-off payment of â¬1450 entry fee which will cover:
(1) Admission fees
(2) Your own Execute Trader
(3) Access to the YESFX Traders online community
(4) Processing fees for all future withdrawals (does not include Bank Charges)
More...

Do you know if this company is trustful? I don't like that is based in Cyprus... Any opinions?

Pippi436 · Aug 8, 2014

Is this intended for people who cannot afford a trading account but still want to put on 1-lot intraday FX punts?

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Do you know something about 'YesFX'?

Hiperfly

Pippi436