FAQ

    1Minimum investment?
    Minimum investment $25,000 (USD). Investments over $250,000 (USD) will require broker approval and set-up.
    2Broker?
    We recommend Oanda.com; registered as a Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED) with the Commodity Futures Trading Commission (CFTC) and member of the National Futures Association. Its illegal for a (US) resident's to trade retail FX outside of the US unless the broker is registered with the CFTC. DO NOT INVEST MONEY YOU CANNOT AFFORD TO LOSE.
    3Account access?
    Clients authorize software limited scope to open, monitor and close account(s) via secure login. Clients maintain full access, ownership and control over their funds. Clients can monitor the trading activity in their account 24/7. Clients can withdraw funds or remove from the program at any time. DO NOT INVEST MONEY YOU CANNOT AFFORD TO LOSE.
    4Software instructions?
    AUTOSOFTFX software is a standalone fully automated trade system. It will execute the following instructions via broker's secure (v20 fx trade) platform; software login will execute the following set of instructions: base_currency quote_currency, bid ask midpoint,USD EUR 0.843982 0.844067 0.844024; rand_buy/sell; rand_time_mom {market_limit_order} {hard_stop_21} {take_profit 21__73};

    AUTOSOFTFX software is a standalone fully automated trade system. Neither the software or any member of the development team is a registered financial advisor, introducing broker, commodity trading advisor or commodity pool operator. AUTOSOFTFX and its development team have no affiliation with any Forex Broker. AUTOSOFTFX and its development team are not compensated by any Forex Broker. AUTOSOFTFX and its development team is not registered with the CFTC, SEC, NFA or any regulatory body. DO NOT INVEST MONEY YOU CANNOT AFFORD TO LOSE.

    5Risk calculator?
    Software's trading system continuously monitors the required margin on your account and will liquidate some/all of your open positions should your account balance fall below the required margin. Liquidation protocols ensure clients will not lose all their money on any single trade.

    Software utilizes very high leverage to generate 12.5% per week. DO NOT INVEST MONEY YOU CANNOT AFFORD TO LOSE.

    6Fee agreement?
    AUTOSOFTFX SOFTWARE IS FREE TO USE AT YOUR OWN RISK. Software Fee Agreement Client understands that ‘Trading Software’ will charge the Client to trade the Client’s account. Compensation will be in the form of fees charged on a performance basis, as specified herein. The Client hereby confirms and ratifies that he/she agrees to compensate ‘Trading Software’ for software services according to the following terms: The Client is due 12.5% NET PROFITS per week based on the weekly starting account balance (High Water Mark) of the Client's account and risk reward program selected. For 100% of the total NET PROFITS above the Client 12.5% NET PROFITS, a fee shall be due. If the Client account balance is less than the previous week and the NET PROFITS are greater than 12.5% from the previous weekly starting High Water Mark, a fee shall be due and an invoice generated. If the NET PROFITS are less than 12.5% for the week, no fee shall be due and no invoice shall be generated. Wave Financial will invoice the Client on a weekly basis for all fees. Payments of fees are invoiced through the (PayPal®). Invoices will be sent electronically and will require confirmation. The Client agrees to pay within 5-7 business days of receipt of the invoice. If fee is not received in 5-7 business days, trading will be suspended on Client account until outstanding balance is brought current. DO NOT INVEST MONEY YOU CANNOT AFFORD TO LOSE.
    7Terms & conditions?
    AUTOSOFTFX SOFTWARE CLIENT TERMS & CONDITIONS (Client Document) This AUTOSOFTFX software (Trading Software) Client Document Package includes the ‘Software Trading Authorization’, ‘Software Fee Agreement’, ‘Software Trade Protocols’ and ‘Software Risk Warning'. Please review carefully. By agreement, the undersigned Client is authorizing AUTOSOFTFX software limited scope to open, monitor and close foreign currency trades via secure login. The Client 1) maintains full access, ownership and control over their funds; 2) can monitor the trading activity in their account 24/7 and 3) can withdraw funds or remove funds from the program at any time. AUTOSOFTFX software is a standalone fully automated trade system. Neither the software or any member of the development team is a registered financial advisor, introducing broker, commodity trading advisor or commodity pool operator. AUTOSOFTFX software and its development team have no affiliation with any Foreign Exchange (Forex) Broker. AUTOSOFTFX software and its development team are not compensated by any Foreign Exchange (Forex) Broker. AUTOSOFTFX software and its development team are not registered with the CFTC, SEC, NFA or any regulatory body. Past performance is no guarantee of future results. Forex trading involves significant risk of loss and is not suitable for all investors. DO NOT INVEST MONEY YOU CANNOT AFFORD TO LOSE. Software Trading Authorization The undersigned Client(s) (“Client”) authorizes AUTOSOFTFX software (“Trading Software”) to purchase and sell foreign currencies, on a cash or margin basis, for the undersigned’s account and at the undersigned’s risk. Client understands and agrees that ‘Trading Software’ makes no promises or warranties on the profits to be earned, or the losses which can be sustained by the trades placed on behalf of the Client. Client agrees to indemnify and hold harmless ‘Trading Software’ for any result of all trades placed by the ‘Trading Software’ on the Client’s behalf. Even though the undersigned grants authority to ‘Trading Software’, the Client should be diligent and closely scrutinize all account activity. The Foreign Exchange (Forex) Broker (“Broker”) provides secure online access to account activity, whereby Client may monitor unrealized and realized profits & losses and account balances and generate daily account statements. This Software Trading Authorization over Customer’s Account is continuing and shall remain in full force and effect until actual receipt of written revocation by Client. Such revocation shall not affect any obligation or liability in any way resulting from Contracts or transactions initiated prior to such revocation. Client acknowledges that ‘Trading Software’ may have open positions at the time a revocation is received and that Client may be exposed to market risk until ‘Trading Software’ or “Client” closes Client’s positions. Software Fee Agreement Client understands that ‘Trading Software’ will charge the Client to trade the Client’s account. Compensation will be in the form of fees charged on a performance basis, as specified herein. The Client hereby confirms and ratifies that he/she agrees to compensate ‘Trading Software’ for software services according to the following terms: The Client is due 12.5% NET PROFITS per week based on the weekly risk/reward program selected. Clients are invoiced and a fee due for 100% of the total NET PROFITS above the Client 12.5% NET PROFITS. If the Client account balance is less than the previous week and the NET PROFITS are greater than 12.5% from the previous weekly starting High Water Mark, a fee shall be due and an invoice generated. If the NET PROFITS are less than 12.5% for the week, no fee shall be due and no invoice shall be generated. Wave Financial/PayPal will invoice the Client on a weekly basis for all fees. Payments of fees are invoiced through the (Wave Financial/PayPal®). Invoices will be sent electronically and will require confirmation. The Client agrees to pay within 5-7 business days of receipt of the invoice. If fee is not received in 5-7 business days, trading will be suspended on Client account until outstanding balance is brought current. Software Trade Protocols· EUR/USD only· Trade Days/Hours: Sunday evening - Friday afternoon 24/7 · Negative Positions are held over the weekend· Average time in trade: 1 WEEK {Positions held overnight/weekend can be subject to Broker swap (financing) fees} · Software trade calculations and set-up: Random (MARKET/LIMIT) orders unique to each client · EVERY trade placed by the software is accompanied by a HARD STOP · All trades are placed with market and limit orders. · Software randomly set’s up each account with (MARKET/LIMIT) orders on a weekly basis · These market-limit orders are placed with a HARD STOP, NOT GUARANTEED BY THE BROKER and not to exceed the maximum weekly trade loss. · The maximum weekly trade loss based on the starting weekly account balance is (-8.4%). • The software randomly sets up ALL accounts with (MARKET/LIMIT) orders and associated Hard Stop’s on a weekly basis. Your outcome will not mirror any other accounts traded by the software. This is due to market randomness, the time the order got filled and speed of the market. • Trading restarts every week. Software Risk Warning . Foreign exchange transactions carry a high degree of risk and any transaction involving currencies is exposed to, among other things, changes in a country's political condition, economic climate, acts of nature - all of which may substantially affect the price or availability of a given currency. Speculative trading in the foreign exchange market is a challenging prospect with above average risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to entering this market. Most importantly, do not invest money that you are not in a position to lose. It is advisable to never invest borrowed funds. Risks include, without limitation, the following: (i) it is possible to incur a loss if, after your acquisition of an investment, exchange rates change to your detriment, even if the price of the underlying currency to which the Trade relates remains unchanged;(ii) you may sustain a total loss of the Margin Requirement in respect of your Account that you deposit with or pay to the broker to establish or maintain a position and, if the market moves against you, you may be required to pay substantial additional funds at short notice but if you fail to do so within the required time, your investment position may be liquidated at a loss to you and you will be liable for any remaining deficit in your account. . In addition, trading on a margin basis means that any market movement will have a proportionate effect on your deposited funds. This can work for you as well as against you. It is encouraged that you to employ such risk-reducing strategies as 'Stop Loss', 'Stop Order', or 'Trailing Stop', but you should be aware that market conditions may make it impossible to close out your order at the level specified. There are also risks associated with utilizing an Internet-based trade execution software application including, but not limited to, the failure of hardware and software. The broker maintains backup systems and contingency plans to minimize the possibility of system failure. Your Margin Account is not insured under any state or federal insurance program, or by any other entity. In the event the broker should become insolvent or file for protection under the bankruptcy laws, it is possible that you would lose the entire amount in your Margin Account. Mandatory Disclaimer: Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available by taking above average risk. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. DO NOT INVEST MONEY YOU CAN NOT AFFORD TO LOSE! By ACCEPTING THE ABOVE TERMS AND CONDITIONS, you acknowledge that you have received a copy of this AUTOSOFTFX software Client document. You further agree, represent and warrant and that you have read and understand the information and terms presented and that you are willing and able, financially and otherwise, to assume the risks stated herein.