ProSignal is a referring agent for Forex Capital Markets (FXCM). FXCM is a registered Futures Commission Merchant (FCM) and a member of the National Futures Association (NFA) and is regulated by the Commodity Futures Trading Commission (CFTC).

To Set up your Auto Trading or Self Trading account your brokerage account must be opened through the link below:

Click here to open a live trading account with  FXCM

Managed Accounts Program

This option is fully automated to the investor, designed to enter and exit trades based primarily on ProSignal's automated signals, in addition to signals from other signal providers on the AutoTrader platform. The strategies and money management used are determined by ProSignal's staff of experienced traders & system developers. A managed forex account prevents your emotions from interfering with your trade decisions and allows you to go about your day without ever having to worry about analyzing the market or making a tough trade decision. However,  the biggest benefit of having a Managed Account in the AutoTrader platform is that it provides maximum diversification without over-leveraging your account. 

There are some good strategies from other signal providers in the AutoTrader platform that open many positions at a time. For example, CornerStone-Zeus has several strategies that open up to 12 positions per trade with 300-pip stop-losses. If trading on your own, this is at least a $3600 risk on each trade, which is an enormous amount to risk for most accounts. However, as part of a large fund, your account is not subject to the same type of risk exposure. Since the profit & loss from each 10k lot traded on behalf of the fund is divided fairly among all participating accounts in the fund, we are able to diversify your account between many different strategies while keeping your maximum risk within 1/2% (one-half percent) per trade or less under normal market conditions. In a managed account, you will be able to view your account in real time but you will not be able to intervene in the trades. 

Benefits of an AutoTrader Managed Account:

1. Maximize your diversification without over-leveraging your account

2. Avoid the stress of trying to decide which systems to trade

3. Prevents fear and greed from interfering with your trades

Managed Account Fees:

AutoTrader Platform Fee: The fee for all accounts on the AutoTrader platform is $1 per 10k lot round-turn.

Incentive Fee: 15% of new monthly profits based on a high-watermark. If a loss exists from a previous month (or months), all losses must be made back before additional incentive fees can be charged.

Management Fee: None. The management fee has been waived to compensate for the round-turn fee. In addition, the incentive fee was also reduced from the industry standard of 20% to 15% for the same reason.

For details on how to open the account please see our Managed Account page.

Demo Trading Recommendations:

If you will be self-trading your own account, ProSignal recommends that you practice trading using a free demo account with FXCM before you trade with "real" money. Trading a free demo account will ensure that you have a good operating knowledge of our software and have a good understanding of how to analyze the Forex market, apply our trading techniques, control your emotions, and properly manage your money.