Verified: Diamond Managed FX Operates Through The Website Https://diamondmanagedfx.com/, The Domain Name Was Registered In August 2013 And Is A Foreign Exchange Company Providing Escrow Account Services And Prop Firm Passing Services.
As For Regulation, It Has Been Verified That Diamond Managed FX Does Not Currently Have Any Valid Licenses.
Note: Diamond Managed FX As An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
According To An Internet Query:
General Information
Diamond Managed FX Claims That It Is An Asset Management Company That Provides Clients With Managed Foreign Exchange Accounts.
Diamond Managed FX Is Not Subject To Any Valid Regulations. Please Be Aware Of The Risks.
Diamond Managed FX Explicitly Accepts Clients From All Countries, Including The United States And Canada, Who Claim To Have An Average Monthly Rate Of Return: 10% - 25%.
Market Instruments
Diamond Managed FX Purportedly Offers Escrow Foreign Exchange Account Services. An Escrow Account Is An Investment Account Owned By An Individual Investor And Managed By A Hired Professional Money Manager Or A Group Of Managers. Managers Are Authorized By Investors To Trade Their Investments On The Foreign Exchange Market For Profit. Managers Do Not Have Access To Investment Capital, They Cannot Withdraw Funds From It, They Only Receive Performance Fees.
Charge A Performance Fee
Diamond Managed FX Charges A 50% Performance Fee On New Profits, Which Seems To Be Quite High. The Monthly Performance Fee Will Be Applied To The New Profits On Your Account And Will Be Automatically Deducted By The Broker On Each First Business Day Following The Profit-making Month According To The Contract.
Minimum Deposit
The Minimum Deposit For Investment Diamond Managed FX Is $1,000 And All Managed Accounts Are Traded In Usd. However, In The Face Of Unregulated Forex Brokers, This Minimum Investment Amount Is Too High For Most Ordinary Investors To Take On This Risk.
Opening An Account Diamond Managed FX
Opening An Account Diamond Managed FX Is A Simple And Easy Process:
1. Click On The "Open Account" Link And Fill In Some Necessary Details In The Pop-up Page.
2. Upload Your Personal Documents To The Company To Verify Your Details.
3. Select Your Preferred Payment Method, Fund Your Account And Start Trading With This Forex Broker.
Trading Platform
Please Note What Diamond Managed FX Offers Is Not An Industry-leading Mt4 Or Mt5 Trading Platform.
Customer Support
Diamond Managed FX Relies On Its FAQ Section To Provide Some Basic Assistance To Its Clients. If A Client Requires Manual Service, They Can Only Get In Touch With That Broker By Filling In Some Basic Information And Then Wait For The Connection.
Risk Tips
Trading Leveraged Products Such As Forex, Cryptocurrencies And Derivatives May Not Be Suitable For All Investors As They Pose A High Level Of Risk To Your Capital. Considering Your Investment Objectives And Level Of Experience, Please Ensure That You Fully Understand The Risks Involved.
