Forex Pool:
A Forex Pool is a collection of individual client subscriptions into one account and traded as one account. Each client will subscribe to the pool in set amounts of $2,500. Clients can subscribe any amount divisible by $2,500. Profit to each client will be determined by total subscription / $2,500. For each $2,500 dollar, 1 lot will be traded. Example: If the Forex Pool is $20,000, one client with a $10,000 subscription, and four clients each with $2,500 subscriptions. If said Forex Pool had profits of 300 pips ($10 per pip), 5 * (300 * 10) = $15,000 would go to the client with a $10,000 subsription, and $3,000 to the other 4 client subscriptions, for a total Forex Pool profit of $27,000. Losses will distributed equally, by dividing according to each client subscription in the same manner as profits. Example: If the same Forex Pool had losses of 50 pips ($10 per pip), the client with a $10,000 subscription would have a $2,500 loss, 5 * (50 * 10), and the other 4 clients would have a $500 loss each, 1 * (50 * 10), for a total Forex Pool loss of $4,500.
Forex Pool Restrictions: Forex Pool account size is restricted to at least $10,000. The Forex Pool needs “equal dollar amount client subscriptions ($2,500)” to commence trading (this ensures that profit/loss distributions will be equal). Clients may combine to form $5,000, $10,000, or $20,000 subscriptions. There is an open/close period for the Forex Pool. Clients can only subscribe during the open period. After a Forex Pool closes, no more client subscriptions will be accepted. Client funds will be held in a single account until the designated Forex Pool Account size is reached. If the Forex Pool Account size is not reached, the funds will be distributed back to each individual client in the exact amount they subscribed with. If a client decides to leave, total Forex Pool Account losses will be divided by the total number of client subscriptions and distributed appropriately. McKinley Capital will seek a replacement client subscription to ensure Forex Pool Minimum Account size is maintained.
McKinley Capital is a Financial Services company that professionally trades Commodity Futures contracts and Foreign Currencies. The firm seeks to grow Client wealth through Trend Following in Commodity Futures and Forex markets. McKinley Capital recommends that clients open accounts with risk capital. There is a risk of loss when trading Foreign Currencies and Commodity Futures. Futures and Foreign Currency trading is not for everyone. Please review McKinley Capitals Disclosure Document Principal Risk Factors section carefully to determine if you are willing to accept the risk. You may request the Document free or download one online at www.mckinleycapital.biz.