Which are the competitors of Ethika Global Consulting?
- 1. They are models developed by the trading team of Ethika Global Consulting and are based primarily on the price formation. In other words, we try to detect behaviors and patterns that are repeated and are constantly valid. Through them we apply something really important that’s called rage management. It means to where we are prepared to loose, and all of that you combine it between different models so that profitability of the customer is attractive, more than other risk- free products with more risk. A level of risk acceptable by our clients.
STRATEGIC CURRENCY MANAGEMENT Explain the models of trading that you offer:
- 2. It’s important to take into account that we are a company regulated in London and we have recently received authorization from CNMV through our partner, which is Kession Capital. We don’t have competitors in Spain (as far we know) because there are no companies that do it this way. You can also find operators or individual traders who can manage an account or a financial institution that can have a trading Department. But no financial institution offers an account management service directly in a professional and in a regulated way.
STRATEGIC CURRENCY MANAGEMENT Which are the competitors of Ethika Global Consulting?
- 3. Forex is a high risk investment. There are different factors that can generate capital losses, either by management or because the market is very volatile. We can have different examples. Someone who has a limited capital can’t invest in something we are telling him that it’s a high risk. Therefore, our customer profile is someone who has a high investment capacity (we also demand a minimum to open account) and therefore the person making investment with us has to have a high investment capacity because there is risk. We would be considered as a risky investment. Therefore, you can’t have all your capital starting with us. Our customer profile is one with a high investment capacity.
STRATEGIC CURRENCY MANAGEMENT What kind of clients do you address to?
- 4. Our clients are private individuals or companies that usually invest at a certain level. The customer can invest in a private or company level. We also have some international clients, in United Kingdom above all. And the profile is high level investment. We do not have any governmental or non-governmental institution as clients. We work only for individual clients.
STRATEGIC CURRENCY MANAGEMENT You deal with customers such as Governments and institutions?
- 5. The account is opened in London, through our broker and you deposit the money in the depositary bank, which in this case is Barclays Bank. The customer gives us their documents, ID, passport, residence and a signature with us, of Authority, which is a power of action, whereby the customer authorizes us to make deposits into your account. This procedure lasts one day. The broker back in our office checks that all the documents are in order and thereafter our customer deposits the money so we can start working with it.
STRATEGIC CURRENCY MANAGEMENT What are the steps for start trading with Ethika Global Consulting?
- 6. I would not be able to guarantee, perhaps we do very well tomorrow and we win 50% and perhaps we do it badly and loose 10%, I can’t tell you exactly. Surely you’ve heard it many times: “Historical returns do not guarantee future results” Investment in Forex, as they use leverage, they obtain a certain boost. Generally the risk/return ratio tends to compensate the customer, you take a risk but the return you get is better than in other investment profiles but how much, I can’t tell…
STRATEGIC CURRENCY MANAGEMENT How much profit can a client obtain by operating with Ethika Global Consulting?
- 7. Our investment is actually a liquid investment. Customer can close his investment right now or tomorrow. What happens is that we are constantly operating and it’s possible that if the client decides to withdraw his investment tomorrow you have open positions and that generates a floating in the market. If the client has a reward closing the operation in that moment for take back his money (because it’s more urgent) than waiting until the operation closes, then he can close it. The operation is immediately liquid.
STRATEGIC CURRENCY MANAGEMENT How long has to wait the client to get back his/her capital?
- 8. Depending on where each person lives he will be subject to the tax in that country, that is, the country of residence. Here in Spain you would have to pay the tax to each income.
STRATEGIC CURRENCY MANAGEMENT What kind of taxation applies to withdraw money?