I believe some of you still worried about your account having been temporarily suspended. Please, this is for 90 day period only and put in place to ensure that you don’t lose your money.
I would like to ask, how many of you have taken the opportunity to top up your hedging account, show me your hands please.
It looks to me, from here, a little bit disappointing. It means we have not been clear enough explaining the purpose of the hedging account.
I’d like to take this opportunity to reiterate that the company’s overall investment and business strategy that is continually delivered excellent result for all of our clients.
The decision to introduce the new hedging account to effectively to underwrite under your fund was taken to pre-empt increasingly strict regulatory requirements imposed on the currency market.
We want to continue to run our business successfully for the long term, and this mean from time to time, one has to adapt to the changing market conditions in order to keep one step ahead.
Currency trading is a fast and aggressive business, and it’s our responsible and low-risk approach that has allowed EuroFX brand in total to spend steadily across the globe.
You would have seen in our regular EuroFX market watch brief that we have a very seasoned and highly qualified trading team in place.
The weekly insights will give you a perspective of the ever changing landscape of the fast moving international currency market.
Without us in your journey, I would like to take this opportunity to thank all our clients for confidence and trust in our management team.
We take our responsibility to you very seriously. This why we want to ensure that any management decisions focusing on protecting your best interests.
We’ve proven of ourselves responsible in the administration of billions of dollars of client funds under management.
This is a small amount if you compare us to a bank or a , however, this is a considerable responsibility for a company of our size with over 40,000 clients from over 100 countries.
The point I’m making is that we’ve been serving our clients responsively and successfully for a very long time.
We will be happy to provide any assistant or advice you may need to implement your new hedging account.
The new account infrastructure, a 90 day door man period, allows our company to restructure, ensure our business. And with that, all of us to remain within the required regulatory framework.
EuroFX is a company that cares clients’ money. Your money is our responsibility.
I literally, I only sleep about 4, 5 hours per night and I work across several time zones. Because I need to make sure that your money is safe, and the trading team delivers consistent return for all of you.
In fact, if all of you topped up your hedging account tomorrow, I will get no sleep at all. So please, stop topping up and stop referring new clients to EuroFX. I need my sleep.
I beg you, please, no more new clients.
There are a lot of regulatory requirements that we need to meet when dealing with public moneys, I’m not here to share my burden with you, that is my responsibility and the company’s management team.
I want you to know that as your CEO, together with all the senior management of EuroFX, supported by the regional consultants, we know and have heard your comments regarding the implementation of our latest policies.
我想你们了解作为EUROFX CEO 的我以及由区域顾问提供支持的EUROFX高级管理人员都清楚并听到你们对最新政策的实施意见
Going through the recently introduced changes is only understandable the explanation of the 90 days calling off period.
To put it this way, from time to time, there’s a need to shake the apple tree until all the rotten fruits fall off. This is good house keeping, and is essential for a company growing as fast as EuroFX.
It will be detrimental for a business to inadvertently enable precisely the kind of legal activity that we’ve seen in recent years which international financial regulation is designed to prevent.
We are all committed to running a responsible, sustainable and incredible business. This is why we needed to implement measures to ensure that we are a safe choice for any critical investor wishing to do business with EuroFX.
Maybe some rotten apples will fall from the tree, but that will only be a good thing to ensure the continuing healthy growth of our business.
Those of you who continue to show your loyalty to us, will not be affected by the new policy. As this 90 days calling off period will pass very swiftly. Quality customers with legitimate funds should have no concerns at all.
However, if you are one of the rotten apples, be prepared to be shaken off from the tree.
May I also add that within this period we are continuing to pay client 12%-16% every month, meaning over 90 days, you can easily own 40%-50% profit. After this period, you can then choose to close your account and take away all the initial capital and profit.
You also want to understand more about the introduction of the hedging trade manager and hedging account.
What goes up must come down, whatever goes down will always rebound. These two rules apply to the foreign currency exchange market.
EuroFX hedging manager is created to short sale. Short selling means to sell a position or a currency at a high price that later buy back a low price.
In contrast, EuroFX trading manager looks for long positions. Buying at a low price and later selling it at a high rate.
Therefore, coupled with EuroFX hedging manager, that sells high and buys low, your funds are protected at all times.
A perfect balance, do you agree?
Clients have also been asking why they are required to top up their hedging account.
We had to introduce this policy to take account of the fact that all clients’ money is in their trading and premier account, the balance of their hedging account is zero. And, the fastest way to make the new policy is for you to top up your hedging account.
Alternatively, you will need to wait for 90 days to close your account, and then wait for another 180 days before you are allowed to open your new account.
If you do nothing after 90 days, your account will continue normal trading but with only 50% of the set profit target and 50% of the bonus and commissions. This is, of course, because you are still having 0 balances in your hedging account.
Once again, I’m not here to iterate, we do not implement policies for the simple sake of it. Our objective is always continuing to earn good monthly profit and to protect your money from any risk where possible.
We need to ensure that various international regulators continue to be satisfied with EuroFX managing your money. From an anti-money laundering perspective and from a risk management perspective.
Not all new policies that we introduce will be popular with clients. I hope I’ve exceeded and clarified any questions you had. And remember, we will continue to assist you, to communicate with you.
Are we good now?
Are you feeling better?
Do you love EuroFX?
Tonight we shall celebrate our successes, so on a positive note and looking to the future, I just want to highlight 3 things:
1. The launching of the premium account
On behalf of the management, I would like to thank all clients who volunteered to take part in the pre launching of the premium account. For the next few months, I will create more benefit and privileges for our premium account holders. And you can count me on that.
2. The launching of the hedging account
I hope you all understand that this is a measure taken for your own benefit and protection. To say the foreign exchange trading has no risks would simply not be true. EuroFX hedging manager reduces these risks. And the financial regulator expects the companies to have adequate measures in place that protect their clients.
I hope I’m not being pre-emptive and speaking too soon. As a result of the implantation of our latest policy on the 20th of July last month, regulators from various jurisdictions have given us a thumb up.
I count on your continuous support of the decision that my management team and I have to make or take from time to time to ensure our business, and our clients are protected.
I’m here in person to continue to communicate with you, as always, it’s so important for me to meet our clients face to face, I want you to take home this message to share with all other clients who could not be with us tonight.
To give you an insight in to what drives me to lead my team to succeed for all of us, I would like to recite a poem, from Mark R Slaughter for you tonight:
Me and money 我和金钱
Money and me, we are such a team
Money and me, inseparable we
Money and me, together we dream
Money and me, in harmony
Money and me, such synergy
Money and me, so much in love
Money and me, a power to be
Money and me, we’re hand in glove.
Everyone wants to be wealthy, but many don’t want to take the risk. If you, and I do not take risks, how can we achieve wealth?
Thank you for placing your trust in EuroFX, please enjoy the evening, enjoy the entertainment, as well as the exquisite food and wine.
Finally, I’d like you all to raise the glass, to a long and prosperous future for all of us.