Frequently Asked Questions
Find answers to the questions we are asked the most.
Do I have to pay anything upfront?
No. The only fee we charge is a percentage of the profit from profitable trades. There also aren’t any fees for opening a trading account with our broker FP Markets.
Why do I need to deposit a minimum of $1,000?
Unfortunately, accounts with a balance lower than $1,000 don’t provide enough equity to trade effectively.
Is my money safe with Aid & Sox?
Your money is not deposited with Aid & Sox. You deposit funds to our broker FP Markets, which is regulated in Australia and the European Union.
Do you have access to my funds?
No. We have a limited power of attorney, which only permits us to create and manage orders in your trading account. We are not authorised to make deposits or withdrawals. Fees are calculated and deducted from your account by FP Markets, not by Aid & Sox.
How can I verify your track record?
Our Patience is Key trading strategy that is independently verified by Myfxbook.
View the verified strategy results by following this link:
https://bit.ly/3Ev5eeO
What strategy do you use?
We use a “pullback” trading system, which is especially effective in trading on popular “pullback” currency pairs: AUDCAD, AUDNZD, NZDCAD. The system uses the main patterns of the Forex market in trading – the return of the price after a sharp movement in any direction.
What is the avarage yield per year?
We target average return of 60% - 110% per year. But deviations are possible, both up and down. The expected drawdown is no more than 40%.
Why am i not seeing any trades?
Trading is not conducted all the time. If there is a slight volatility in the market, then it may not be within 2-6 trading days. This is normal. When joining our MAM you will notice that, many finely trades are simultaneously opened on the account. This allows us to diversify trading entries and exits from the market.
How much experience do I need?
You need enough experience to understand the risks of investing in forex markets. However, you do not need any practical experience trading or analysing markets.
Can you sell me your trading robot?
No. We are constantly optimising and updating our trading algorithm as market conditions change over time. Therefore, we offer it as a service rather than a product.
Can I trade on the account?
No. We do not recommend you manually trade on the same account that we manage. Your actions can interfere with the trading strategy and lead to poor results. If you want to trade manually, you should open a separate account for that purpose.
How do you manage my account?
When you sign up, your trading account is linked to our multiple-account manager software provided by FP Markets. When we enter a trade on our account, known as the Master Account, it’s immediately replicated in your account, known as a sub-account.
Is a managed account like a hedge fund?
No. A hedge fund is a pool of money from many investors and is used to invest or speculate on financial markets. The profits are divided among the investors proportionately based on how much they contributed. A managed account simply means we execute trades in your account.
Contact Us
Are you ready to learn more about Aid & Sox?
Our dedicated team of success managers are standing by to address any query or concern.
Contact Information
Email: support@aidandsox.com
Our Headquarters
Aid & Sox BV
Winthonlaan 200
3526 KV Utrecht
Netherlands