FAQ's




Q: What is Forex?

A: FOREX (FOReign EXchange market) is an international foreign exchange market, where money is sold and bought freely. In its present condition FOREX was launched in the 1970s, when free exchange rates were introduced, and only the participants of the market determine the price of one currency against the other proceeding from supply and demand. As far as the freedom from any external control and free competition are concerned, FOREX is a perfect market. It is also the biggest liquid financial market. According to various assessments, money masses in the market constitute from 1 to 1.5 trillion US dollars a day. (It is impossible to determine an absolutely exact number because trading is not centralized on an exchange.) Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 am GMT on Monday to 10:00 pm GMT on Friday. Practically in every time zone (that is, in Frankfurt-on-Main, London, New York, Tokyo, Hong Kong, etc.) there are dealers who will quote currencies.
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Q: What is Sure Fire Hedge Strategy?

A
: A time tested proprietary algorithm written by SAKOFX and used by its skilled professionals for trading the Forex Spot Markets.


Q: I am interested to deal with you for a managed account. If I invest $11.000 then will you trade for me?
A:
Yes, as long as we have open spots we will trade for you. The absolute minimum is $ 10.000.
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Q: How do I send you my service charges?
A:
You can send by "Paypal", "Money Bookers", “e-Gold or Bank Transfer”.
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Q: How can you expect positive returns every month?
A: We are experts at what we are doing. When trading Forex there are large potential risks and large potential rewards. With our proprietary formula we know upfront what the risk and rewards of each trade will be. We enter the markets accordingly looking for profit opportunities.

trade time

From the graph above we can instantly see the Forex market moving from consolidation into a trend at 1:00h, 5:00h, 12:00h and 23:00h GMT time. We utilize the volatile times of day to make the best profits.
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Q: Can I deposit and withdraw my monthly profit or a particular amount?

A: Yes, you make deposits to our brokers by yourself. We can't withdraw your money from any broker.
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Q: How do you trade? With your software or manually?

A: We trade with both software and manually. We carefully asses the markets and thereafter our Sure Fire Hedge Robot will do the position sizing and manage the trade with a proprietary formula and special settings.
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Q: Can I see the results?

A: Yes, you can login at the Back Office of your broker and see the trade results 24 hours a day. Your broker will also email you a daily confirmation of each trade whether finished or in running. The above does not apply for demo accounts.
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Q: How long does a trade last?
A: A trade will last few hours and sometimes few days. Our Robot will trade to gain the amount we project for your account balance, finish and continue trading for more profits. We do not engage in long term trading and want our customers to be able assessing their accounts at the end of the month.
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Q: Do you trade Stocks also?

A: No, Forex is the biggest financial market in the world. Profits are possible regardless of direction of the dollar and euro versus other currencies. With Forex we create a portfolio diversification that can not be achieved with Stocks, Bonds or Mutual Funds. 

Below are comparisons between the Stock Market and the Forex Market
Stock Market
Forex Currency Market
Trade during working hours only                        
Trade around the clock - 24 hours (Sunday - Friday)
Difficulty in selling certain stocks
Extremely easy to buy and sell. Everybody need cash
There are limited numbers of buyers and sellers
There is no limit in the Forex market (unlimited)
Over 40.000 stocks - Where do you begin?
4 major currencies on the Forex - concentration


Buy and sell stock
Buy and sell currencies – money!

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Q: Who is a Broker and why do I need one?

A: Technically, a broker is an agent who executes orders on behalf of clients. Either manually or automated orders.
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Q: Is your service legal?

A: Yes, Trading Forex is a legal business and SAKOFX is registered since 1997 with the Chamber of Commerce in Amsterdam, The Netherlands under no.: 33291646.

Note: For administrative reasons the company was re-registered in December 2008, under no.: 34319944.
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Q: Are the brokers you trade with legal?

A: Yes, there are many Brokers operating legally in the United Sates, Europe or elsewhere in the world. Our brokers are legally registered companies with Head Quarters in Europe and North America. We are also Introducing Broker and Money Managers with our Business Partners.
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Q: Are there Broker fees?

A: No, each trade has a spread which is the difference between the bid and ask price. Spreads are actually “commissions” which we pay the Broker for each position we open. There are no other fees besides the spread.
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Q: What commissions do you charge?

A: We monthly charge 30% performance fees on gross profit based on the high-water mark. High-water mark is a best-practice which ensures that any loss is recovered, before performance fees can be charged.

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Q: Must I pay Tax?
A: Although we trade for you, you handle your own finances. Each country has different Tax rules and it’s your responsibility verifying what those rules are.
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Q: Which platform do you use?
A: We run all managed trades on secure Windows Virtual Private Servers located in the U.S.A.  Each user platform will run with Fire Wall Protection, Backups and dedicated IP Addresses.
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Q: When and where do you trade?
A: Our location is in Amsterdam, The Netherlands and we trade during market open hours, Monday thru Friday from 7:00 am till 5:00 pm.
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Q: Is Sure Fire Hedge Strategy a Pyramid Scheme?
A: No, we are not involved in the exchange of money for enrolling people into our business. Neither do we hold funds of our customers. All financial transactions are handled by Brokers on customers request and approval.
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Q: I am sincerely interested but would like to know more about your strategy.
A: If the whole world knew about our strategy it simply would not work.
You can however test drive our system through a live demo. The proof is in the pudding, so accept our challenge, taste and see before you join.
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Q: How do I cancel your Service?
A: You can cancel at anytime. Just send an email so we know you are cancelling. No questions asked.
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