FOREX ADVISOR PROJECT
INTRODUCTION
Background
Forex Advisor is a financial management asset and advisor company that was established in 2013. It is a private company registered in Dubai. The company has made tremendous achievements in proprietary asset management like algorithm scalping, event driven trading, options market making and volatility arbitrage, with expansion into crypto currency in recent times.
They have an FRX token through which investors can benefit from the profit of the company.
Vision
Forex Advisor has a unique vision of maximising the profit of its clients. They set a benchmark of 30% annual rate of profit on investment and has achieved it with few companies since 2017.
Investors will be allowed and privileged to buy shares of decentralised hedge funds, removing financial institutions and custodians from the system.
They charge zero management fee, but share from the profit above the benchmark of its clients.
Utility
Prices of crypto currency and commodities like gold, crude oil will be predicted with FRX tokens, it will also take part in payout structures.
The profit made from these predictions goes to the FRX holders, increasing its value and earnings
FRX TOKENOMICS
Every crypto project has an official basic token which it builds its platform on. The Forex Advisor project is built on FRX token, which is a TRC - 20 compatible token. It is the first hedge fund token in the world.
The company projects to supply 700 million FRX tokens to the project. 400 million will be minted and distributed in 1 year after its launching. The rest 300 million will be retained for dividend payout, promotion activities.
The company will buy back excess supply of the FRX tokens from the market whenever such occurs in order to keep it within the proposed limit and protect the value of the token.
STRATEGY
The Forex Advisor has set up 2 strategies in achieving its goal of maximizing the profit of its clients and associates. The strategies are;
🔶PRIVATE ENTERPRISE
The company allows interested investors to contact and partner with them. This arrangement makes the client a shareholder of the company and joins in future cash activities like ICOs, physical trading and other investment activities.
🔶ASSET MANAGEMENT
Under this arrangement, the company is contacted to manage a trading or crypto currency account for the client. They set a profit benchmark for the deal, usually 30% ROI. The company charges zero management fee, rather they share from the profit above the set benchmark.
Performance
Forex Advisor has a record of good performances in asset management in some projects which include;
🔸Crypto currency trading
🔸Intraday automated Forex trading
🔸Discretionary positional option trading
RISK ASSOCIATE
Investment in financial assets and crypto currency involves a lot of risk and the FRX token is not an exception. The information on the company website and white paper is not an advice for investment, rather it is for information purposes.
The investors must agree to have read and be aware of the risks associated with financial assets.
Thus, the company will not be liable for any loss encountered by its clients.
USEFUL LINKS
Twitter:http://www.twitter.com/feroxadvisors
Telegram:https://t.me/FRXalpha_
Medium:https://frx.medium.com/
Github:https://github.com/opentron/opentron_github
AUTHOR'S DETAILS
Bitcointalk Username :Borderescape
Profile Link https://bitcointalk.org/index.php?action=profile;u=2768312
POA link https://bitcointalk.org/index.php?topic=5310866.msg56227233#msg56227233