Articles

Proprietary (Prop) Trading changes & updates

48725   March 30, 2020 01:38   EnFoid LLC   SwingFish Updates   EnFoid

We currently overhauling the Proprietary systems to provide a better experience to our Traders, and more stability overall.
as a result, there will be a few changes applied to different parts of the systems and the way we do these things.

All these changes will come into effect on March 31 2020 23:59 SGT

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RoboForex rebate update

45184   March 7, 2020 09:50   SwingFish   SwingFish Updates   EnFoid

get up to 30% of your trading fee’s back! with Swingfish Forex rebates!

you may have noted that there is a somewhat change in payouts generated via RoboForex/RoboMarkets.

this is due to a change in the partner program, which we have no control over.

no other broker is affected by this.

all RoboForex users will receive 100% of what we will receive. (even if the user is not a SwingFish member)

we working on a better solution, but this may take some time.

Removing AdmiralMarkets from Proprietary Trading

42220   January 25, 2020 00:20   EnFoid LLC   SwingFish Updates   EnFoid

we have decided to stop providing Proprietary Trading accounts via the broker Admiral Markets effective immediately.

this was an internal decision based on serval management and logistical factors.

all live accounts will be moved to IC Markets over the coming week. Starting February 2020 all accounts will be closed.

EnFoid Live Traders will be individually contacted regarding the move and the Future broker to use.

Crypto Destination Update

35586   September 5, 2019 06:42   EnFoid LLC   SwingFish Updates   EnFoid

After many years of providing good services in crypto exchange, bx.in.th is closing its doors.
because of this, there will be a change in the crypto addresses we used for many years.

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Deposit Requirements for Funded Accounts

33133   July 30, 2019 14:57   EnFoid LLC   SwingFish Updates   EnFoid

we realized that there are a few issues we do have to address and make more clear

• EnFoid’s strict No Conflict of Interest rule does apply!

No Fee’s

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US Branch moves to Delaware

30719   June 25, 2019 04:58   EnFoid LLC   SwingFish Updates   EnFoid

After finalizing legalities and regulations,
we will move our US operations to the fine town of Lewes, Delaware.

• operate under EnFoid LLC
• using the domain EnFoid.us
• our new Registered Address
  EnFoid LLC
16192 Coastal Highway Lewes, Delaware 19958
  (temporary address due to Covid-19, we will lease new spaces (likely in Wilmington) later this year)
• new US Phone number: (302) 200 5092
• old Phone numbers will be forwarded till August 2019.
• there will be no interruption of services.
• EnFoid LLC will later take over operations of EnFoid Pte. Ltd. (Singapore)
• filed under 7483813 with the State of Delaware.

The outstanding Legislation of Delaware is supporting business and provides great assistance, making this step a very easy one. Additionally noteworthy are the recent legislation changes by the State of Delaware, that make Digital asset management very convenient.

a roadmap for the merging process can be found here

50% Shared Profit- Funded Forex Account

30030   June 13, 2019 17:15   EnFoid LLC   SwingFish Updates   EnFoid

Finally, we completed the step to Funded Forex Trading accounts for our Members.

the System is fully integrated with our Investment Platform.

all you have to do to Qualify:

1. Complete the Trial to show us what you can do
2. Complete the evaluation.
3. Complete the Verification to make sure it wasn’t luck

after these steps completed, the Funded account is on your way.

here are more details on the EnFoid Proprietary Trading pages.

P.S. we also accept US Residents.

we are adding HKD

28267   May 18, 2019 23:15   EnFoid LLC   SwingFish Updates   EnFoid

we partnering with neat.hk to make Hongkong based transfers more easy for you.

completed the payment system update to let you now use FPS (Faster Payment System) or Wire Transfers or even Cash deposits directly benefited to your account.

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SwingFish Summary Week 14

24975   March 31, 2019 23:48   SwingFish   SwingFish Updates  

• SwingFish: Commissions Rebates paid to Members (30 days) 264,804 S$
• SwingFish: 2,417 Members (+11 this week)
• EnFoid: Weekly Dividend for EnFoid Lenders: 0.021%
• EnFoid: Maximum transferable this week 1,358,500 S$

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SwingFish Summary Week 13

24488   March 25, 2019 18:13   SwingFish   SwingFish Updates  

• SwingFish: Commissions Rebates paid to Members (30 days) 201,291 S$
• SwingFish: 2,406 Members (+46 this week)
• EnFoid: Weekly Dividend for EnFoid Lenders: 0.034%
• EnFoid: Maximum transferable this week 1,352,300 S$

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Lenders Banking (USD, EUR & GBP)

24254   March 20, 2019 22:51   EnFoid LLC   SwingFish Updates   EnFoid

We finally completed all the Legal and Logistic tasks, with Arkavis GmbH,
located in Switzerland, to enable faster processing with in and outgoing Wire Transfers.

New Accounts, the Transfer Section has been updated with new Account Numbers and Banks for the Currencies.

• Euro
• British Pound
• US Dollars

by the end of March, all old Accounts will become unavailable,
future transfers through the old channels will be automatically returned to you directly by the bank.
please make sure you update your bookmarks.

if you do have any questions regarding this change, just reply to this email (support@enfoid.com) we are more than happy to help you out.

SwingFish Summary Week 12 (11)

24003   March 18, 2019 17:00   SwingFish   SwingFish Updates  

• SwingFish: Commissions Rebates paid to Members (30 days) 149,514 S$
• SwingFish: 2,361 Members (+44)
• EnFoid: Weekly Dividend for EnFoid Lenders: 0.017%
• EnFoid: Maximum transferable this week 3,256,900 S$

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