Stir up the Forex waters – let the world know who you are!
There are dozens of reasons why people start to trade. One of them may be the feeling of independence. Traders want to be the masters of their time and don’t want to be dictated what to do. Why then commit to cooperation within strategy provision?
The answer is simple - strategy provision under Purple Trading is not a “limiting cooperation” that will clip your wings. On the contrary, with us, you can grow and thrive even more!
Cooperation with Purple Trading:
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No enforced trading rules
It’s your trading strategy and you know better than anyone else how to succeed. We focus on quality results – the way to achieve them is up to you.
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Relief from technological and legislative “changes”
We’ll provide you with European regulated legal framework to work with. We’ll also provide the whole solution for Strategy Provision and all technology related to it.
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Focus on the main issue - trading itself
Choose a fee to charge your investors and the way you want to be compensated. Once that’s done, you are free to focus only on generating gains by trading on your master account.
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What is the Reference account
Reference account is a special type of account which is created for each Strategy account of the Strategy Provider. It greatly improves the transparency of Strategy performance graph displayed in PurpleZone which directly benefits the Clients, as well as Strategy Provider.
What types of fees can you choose from?
Performance Fee
In principle, it’s a profit share. Your commission depends on the achieved gains of the investors’ accounts.
Management Fee
A regular monthly fee derived from the sum of funds from the investors account connected to strategy you offer.
What are the advantages of cooperating with us?
We’re regulated and we know what we are doing
Let’s be honest, Forex trading is a highly regulated field where any step in the wrong direction can lead to a sticky situation. This can mean fines, bans, suspensions, a criminal record, even prison time. Regulation is important, without it, we go back to the “Wild West” days of forex. Back when brokers with dishonest intentions could easily operate and push confidence in the entire industry to drop to a minimum. We can all agree, we don’t want that to happen. How can you find stable ground as a strategy provider in this bureaucratic environment without making mistakes?
Purple Trading forms a part of an entity regulated by the highly reputable Cypriot regulatory body CySEC. It ensures that you’ll work with a fully regulated broker under whose guidance you won’t be forced to handle license acquisition yourself. In most jurisdictions you need an asset management or investment advisor license to manage other peoples trading accounts. In addition you need to get authorization (power of attorney) from clients by yourself. This will save you a lot of stress from respective sanctions and get high credibility from your investors. Simply put, we perform complex legal procedures to comply with the regulation, so that you don’t have to. It sounds almost illogical, but if you work under the umbrella of a strictly regulated broker, you’ll gain high flexibility for operation and development of your trading strategies.
Regulations and licensing of Purple Trading
We are not building a business - we are building relationships
To start building a business in an environment as competitive as forex trading is no walk in the park. To become successful and attract clients – investors, however, is even more difficult. The name Purple Trading has been active in the European forex markets as a broker since 2016. The team behind Purple Trading have been operating forex brokers and related business for over a decade. Over this period, the company has formed a stable and integrated community of satisfied clients. If you decide to become a Strategy Provider for Purple Trading, you’ll become a part of this community You won’t need to start from scratch.
We have implemented a CapitalGuard - a safety net for investors
CapitalGuard monitors the development of equity in the specific managed account connected to the strategy. If the maximum allowable drawdown loss is exceeded, CapitalGuard will disconnect the account from the strategy and automatically close all trading positions in that managed account and delete all pending orders. This effectively prevents further potential losses.
More about Safety of funds
Except for the services we offer to our retail clients, we also form strategic collaborations with business partners (with a B2B cooperation) and if there are entities in the world of forex that react to the words “high-quality trading strategies”, you can be sure they are our business partners. No wonder we prepare quarterly summaries of the most successful strategies for them and make interviews with their creators. Adopting the strategy provision for Purple Trading, you will not only attract potential clients, but also get a chance to become a household name with our community.
To build a high-quality client portfolio and plan a successful marketing campaign you need a serious set of skills, which is why Purple Trading has their own in-house marketing team. Their aim is to make Purple Trading famous among forex traders not only in the Czech and Slovak Republic, but across the entire EU. There is thus a high chance that your strategy might reach the screens of investors in Poland, Italy or the Netherlands.
As you can see, the relationship between a Strategy Provider and Purple Trading is one of a rather symbiotic nature. To make this cooperation thrive, it is necessary that both parties work hard. We are more than ready to take on the commitment – are you?