Cambridge Currency Advisors Managed Accounts
Cambridge Currency Advisors (CCA) provides professional foreign currency account management to both institutional and retail investors.
Each account is set up through CCA's Futures Commission Merchant (FCM) firm IKON Global Markets. Our clients' funds go directly to IKON Global Markets and are held for them in their name at JP Morgan Chase. CCA manages the aggregate of all clients' funds through one trading account. Each trade made in the master trading account is immediately divided among all the clients on a percentage basis (i.e. If the total in the master account was $1 million and your account was $10,000, you would be allocated 1% of every trade done in the master) This allows every client to realize the same return regardless of the size of their account and allows smaller accounts to trade with reduced risk rather than attempting to trade an individual $10,000 account in this volatile market.
Each client may withdraw or add funds to their account whenever they chose. There are no penalties for withdrawing funds and no minimum holding periods. Perhaps the most important aspect to clients is the total transparency associated with a CCA account. Our clients have 24 hour login capability to view all trading activity and their daily account balances.
CCA charges a total of 4pips (approximately $6.00 - $10.00 depending on the currency pair traded) on one round lot ($100,000 of currency bought and sold).
There are no additional management fees charged by CCA.
About IKON GLOBAL MARKETS
CCA clears all trades through IKON Global Markets. IKON Global Markets, located in the heart of the world’s finanacial district on Wall Street, is a premier provider of on-line trading services in the Foreign Exchange, Futures, and Commodities marketplace for both individual traders and registered partners such as Cambridge Currency Advisors.
IKON Global Markets, registered as a Futures Commission Merchant (FCM), is a member of the National Futures Association (NFA# 0327622) and is regulated by the Commodity Futures Trading Commission (CFTC). Cambridge Currency Advisors selected IKON Global Markets as our preferred FCM because of IKON Global Market’s relationships with some of the world's largest financial institutions giving them access to billions of dollars in immediate liquidity. Fast order execution on all of the currency pairs we trade and an ability to trade on competitive spreads through IKON Global Markets’ trading platform provides our valued clients enhanced opportunities for profitable trades.