Frequently Asked Questions

Do I need to open my own brokerage account in order to participate in your program?

Yes, you must open your own trading account with one of our preferred brokers.

Do I need to keep my money in my trading account for a certain period of time to avoid penalties like with mutual funds?

No, there are no penalties for withdrawing your money from your account. You can withdraw your money and/or unsubscribe and stop participating at any time. See our “OPEN ACCOUNT” page for further details on deposits/withdrawals and how to unsubscribe.

Does Persistent Equity or anyone else have access to my account/funds?

No, the funds in your trading account are in your name at the broker. You are the sole proprietor of your account and the only one who can make deposits to or withdrawals from your account. Only you have control of your account. The permission granted by you only allows for our trades to be placed in your account, and for a deduction of our agreed-upon performance fee when new profits are earned in your account.

Can I stop my account from being traded at any time?

Yes. You can easily and instantly unsubscribe from the Persistent Equity strategy at any time. Just login to the broker's Trader’s Room portal and follow the simple instructions outlined on our “OPEN ACCOUNT” page, Part B, step 6. To withdraw funds, simply execute a withdrawal request. This procedure is also outlined in detail on our “OPEN ACCOUNT” page, Part B, step 4.

How is Persistent Equity compensated for their services?

Persistent Equity’s compensation is in the form of a License Fee charged on a performance basis (also referred to as a “performance fee”) when new profits are generated in subscriber accounts.

How is your performance fee deducted? What is a “high water mark”?

At the end of each calendar month after your account begins trading, if your account has earned a profit, the broker will deduct the agreed-upon performance fee from the profits earned in your account. Each subsequent month that new profits are earned they will do the same. If there are no profits in a given month, there are no performance fees deducted. A new “high water mark” is established based on the equity balance of your account after performance fees are deducted. This new “high water mark” must then be surpassed before any future performance fees can be calculated and deducted. If there is a losing month, all losses must be recovered and your account’s equity must surpass the most recent “high water mark” before any new performance fees can be earned.

How much is the performance fee for my account?

Our share of performance is deducted from new profits on a monthly basis as follows: Performance Fee: 35%

What is a Swap Free Forex Account?

Islamic or Swap Free Forex Accounts have no “swap” or “interest” fees for overnight positions. Since interest is against Shariah law, Muslims are prohibited from taking or giving interest in their business activities. Because of this rule, most forex brokers offer separate Islamic or Swap Free Forex Accounts to allow Muslims to remain in line with Shariah law. The “swap” fee for holding a position overnight in the forex market is an example of an interest payment. The payment is made when a trader is holding a trading position to the next trading day. Since interest is against Islamic law, rollover fees and other interest-based fees are not charged on Islamic or Swap Free Forex accounts. A Swap Free Forex Account is the same as an Islamic Forex Account. The two terms are used interchangeably and have the same meaning. Both terms refer to an account type where no interest is paid for trading forex and other financial instruments.

Is the Persistent Equity strategy compatible with clients who require Swap Free accounts?

Yes.

We’re here to help and answer any questions you might have.

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RISK DISCLOSURE AND DISCLAIMER

The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Past performance does not guarantee future results. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that these products and services will generate profits or ensure freedom from losses. PersistentEquity.Com is not a licensed financial entity. We are not financial or legal advisors nor is any of our content or programs aimed to give you financial or legal advice. Please consult with a professional financial advisor before making any investment decisions.

(Before continuing read our full “Risk Disclosure and Disclaimers” on our “Terms of Service” page.)

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