A few simple & easy steps to ensure never to fail a trading challenge or live trading.
this works for almost all Proprietary Trading Firms, the content below is based on EnFoid Proprietary Trading (more…)
previously trading during weekends wasn’t allowed. as we can not control the exposure during closed markets.
this rule will be softened to the following:
Positions can be held during weekends if:
This change does affect ALL Account types.
sizing is up to the trader, but if this is stressed, abused or overdone,
EnFoid will Terminate live account’s with no warning, regardless of the outcome on re-opening.
make sure you read the updated Rules in detail.Full Article
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
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.
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.
After finalizing legalities and regulations,
we will move our US operations to the fine town of Lewes, Delaware.
16192 Coastal Highway Lewes, Delaware 19958
(302) 200 5092
7483813with 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 makes Digital asset management very convenient.Full Article
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:
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.Full Article
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.
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.
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 (email@example.com) we are more than happy to help you out.Full Article