AUTO
TRADING OUR TRADERS SIGNALS
This limited membership service is
an auto trading service that is administered by Market
Excellence
to follow our expert's trades on your behalf.
This operates
like any other pooled investment vehicle where by
units are purchased for a particular price,
which will rise and fall with the value of
the club's bets. As the value of the portfolio
rises so will the unit price and therefore your
investment. The trades placed will mirror exactly
the bets placed by our expert.
Overview of Auto trading:
For a full run down of the details of this feature
visit the FAQ
section on Betonmarkets (they call
them 'betting clubs'. In a nutshell we don't hold
your money, but choose what to do with the money
in the betting club. The money is held by Betonmarkets
(The fixed odds website we use) and you can withdraw
your money very easily. Please read the FAQ
section on Betonmarkets for more details.
The betting club is managed by us. You buy units
in the betting club and the value of these units
will rise as we make profits. Purchasing units is
as easy as purchasing a trade except there are no
criteria or expiring dates. The starting value of
the clubs unit price was 1 when we started. As we
make profits this might rise to 1.5 for example.
Using this example $1000 invested would then be worth
$1500. Your returns would be based on the number
of units purchased and the change in unit price between
purchase and sale.
Purchasing units:
To access auto trading you must
still subscribe to one or both of our traders (You
will be sent the
signals as standard for your tracking purposes).
You will then be re-directed to our betting club
link.
You can purchase new units any time
you want to. So you’ll slowly able to accumulate
funds, however
please note that if we are successful as we expect
the unit price will rise and these future purchases
will be more expensive. One caveat is that there
has to be enough spare cash in the club to pay you
back the value or your current investment. This may
involve us selling a bet back early or us personally
purchasing new units so there is free cash available.
By free cash we mean the amount currently not invested
in any trade.
US Dollars and MLT accounts:
You can only administer and purchase betting club
units in US Dollars. If you have no dollars you could
deposit some additional funds in dollars or withdraw
some of your current amount and deposit more back
in US dollars.
You cannot administer or purchase units in a betting
club with an MX account. To access the club you need
to have an MLT account number. So if this applies
to you and you wish to purchase units in our betting
club your only option is to open an additional MLT
account. We’re really sorry about this, but there’s
nothing we can do as it’s out of our hands. To open
an MLT account, ensure you use this link:
To deposit funds to the investment club you first
need to open a Betonmarkets account with an MLT number.
There is a very low minimum amount you need to access
our betting club, but there is a maximum of $20,000
allowed to be invested in the club in total. Therefore
places are strictly limited.
Keeping track:
You can easily keep track of
the bets being purchased on your behalf by selecting
USD and clicking on "portfolio".
View
a screenshot of what this will look like. On
this page you'll be able to view the betting club
(s) you have joined, the number of units you have
purchased, the current unit price and the current
value of the holding. By
clicking on "details" you
be able to view the clubs portfolio (All the current
bets) and a statement of the clubs activities.
Before subscribing to the service, ensure you read
and agree to our terms and conditions as outlined
here
Please note you need to deposit in USD as unfortunately
Betting Clubs can only be administered in USD. You
can easily deposit USD by using a credit or debit
card. Betonmarkets will automatically convert this
for you.
1.
Sign up to Martin Corkish's auto trading service
2.
Sign up to Steve Hoven's auto
trading service
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