Discuss NordhillCapital.com (Maksim Sepp)

[aum108]

Peter & AUM108 - I don't quite understand why you guys are always attacking these aggressive managed forex programs at offshore brokerages.
There is a market for this and it's relatively narrow / specific.
The offshore brokers provide these types of programs, the leverage, bonuses etc that the UK/US brokers etc cannot.
If you don't like these types of programs, then simply invest in the low-return / self-trading with low leverage approach you'll get from the big players in the industry that I've worked with closely over my career.
But demanding all kinds of statements, office addresses, and brokerage qualifications from the aggressive funds is just silly. Of course: it's risky to invest in anything producing over 20% a year.

Hi FmrBrokerExecutive,

Like Peter1124 I'm not attacking anyone, just informing rookie investors about possible risks with offshore brokerages, and advising to be very cautious.

Same like i2investments, despite critisism by other invested FPA-members, I have been posting there for weeks about things that didn't add up with i2.
And I'm glad that some investors did take the advise.

If you are really interested with my 3 years result, can you share me your email here?

Sure, you can send the results to forex@rushpost.com

 

[Peter1124]

Greetings FPA members!

This account has been created to facilitate online and social media enquiries and to address any doubts or uncertainties about Nordhill Capital and its affliated entities.

We would like to answer all your concerns in this thread and we hope to clarify/verify any and/or all facts/claims regarding the company and its operations.

Kindly explain the findings on Pavilion.

Any veterans, staffs from FX brokers will know this is impossible.

Leverage 1:1000? Margin unlimited?

Check the findings and answer accordingly.

How can a margin call account revive? It is not possible in any FX BROKER

 

[FmrBrokerExecutive]

Peter / AUM 108 - I'm sorry, but that is my point here...

You are holding internet, highly aggressive Forex Funds to the same standard as international banking conglomerates / institutional brokerages in London or New York. That's just not realistic.

The highest level of regulation / verification you are going to find is something like ZuluTrade or eToro. And still, those programs never last more than a couple of years.

A bank or local licensed investment adviser/fund returns 5-15% a year on average.
They are licensed tediously by the local regulatory authorities.

When you are looking for "funds" that do this on a monthly basis, obviously you are going to be trading with offshore companies, etc and can't expect the same level of "security" at all. You can't expect their website, awards, regulation, statements, jurisdiction, physical office, etc to be that of Barclays... It's going to be in Cyprus if you're lucky, and Saint Vincent or Vanuatu if not there. Even Cyprus costs at least $1,000,000 USD to get a license there and open an office. Minimum. Belize is about $400,000... Only Vanuatu or Saint Vincent are cheaper.

Read the disclaimers on any of these websites, *Do not Invest Funds you cannot Afford to Lose*.

Forex should not be anyone's primary retirement investment... I am just being realistic and trying to get people to understand this.

Cheers.

 

[aum108]

Peter / AUM 108 - I'm sorry, but that is my point here...
You are holding internet, highly aggressive Forex Funds to the same standard as international banking conglomerates / institutional brokerages in London or New York. That's just not realistic.
A bank or local licensed investment adviser/fund returns 5-15% a year on average.
They are licensed tediously by the local regulatory authorities.

I know it's not realistic, and I not holding them to the same standard.

But many inexperienced investors on FPA think that any 5-15% monthly investment is safe,
and any regulation (or none at all) will do fine. They send +10K just like that, without any due diligence.

The highest level of regulation / verification you are going to find is something like ZuluTrade or eToro. And still, those programs never last more than a couple of years.
When you are looking for "funds" that do this on a monthly basis, obviously you are going to be trading with offshore companies, etc and can't expect the same level of "security" at all. You can't expect their website, awards, regulation, statements, jurisdiction, physical office, etc to be that of Barclays... It's going to be in Cyprus if you're lucky, and Saint Vincent or Vanuatu if not there. Even Cyprus costs at least $1,000,000 USD to get a license there and open an office. Minimum. Belize is about $400,000... Only Vanuatu or Saint Vincent are cheaper. .

I don't mind anyone on investing with eToro, Zulutrade (I did it myself a few years ago) or offshore brokers,
as long as there is real trading.

But in many cases all this 5-15% returs are just pure scams, and inexperienced investors don't see that.
(like with Onecoin, Swissmain, Forexparadise, thebitcoinengine, UBSOption, and of course i2investments.)
And this FPA-forum is about sharing our expertise and experience.

Read the disclaimers on any of these websites, *Do not Invest Funds you cannot Afford to Lose*.
Forex should not be anyone's primary retirement investment...

I agree, but inexperienced investors tend to overlook these warnings.

I am just being realistic and trying to get people to understand this.
Cheers.

So am I.

Cheers.

 

[aum108]

They've just added Charter Prime as a broker for some of their strategies which is NZ regulated.
these can be done via their marketing partner STG Wealth.

@kelix

I noticed that on the website of Charter Prime is says that it "is incorporated in New Zealand and registered
with the Financial Services Providers Register (FSPR) (FSP no. 348606)". But it doesn't say regulated.

Same with STG, in the August newsletter they wrote

Addition of an STP broker: CHARTER PRIME

Registered under Dispute Resolution Scheme-Insurance & Financial Services Ombudsman Scheme Inc. in New Zealand.

I'm not a native English speaker, but I believe there is a big difference between registered and regulated.

Check also here

http://thefxview.com/2013/12/06/financial-service-providers-register-forex/

You may have noticed that New Zealand has become a very popular destination for Forex brokerages due to the relatively small barriers to entry and its access to the Asia-Pacific area. In the past it was possible for companies wishing to offer FX services in New Zealand without even having an office in the jurisdiction. This is due to the fact that appearing on New Zealand’s Financial Service Provider register (FSPR) is not the same as being regulated in New Zealand allowing firms based in other countries to gain FSPR status.

 

[Nordhill Capital]

Thanks, can start by clarifyng some of the existing questions in this thread, ie how can we know that the trades in Hawk Strategy are real considering that it is only exclusive with SFX, considering that nordhill and sfx can come be from the same party, how can we know that the trades are genuine? why other strategies like Sparrow, Owl, etc with many months of profitable months suddenly turn into loss when they are made available for public? Thank you

SFX is one of our earliest and longest brokers we have worked with and because Hawk strategy consists of a larger group of traders with certain trading condition requirements and customization that many brokers could not accommodate.

We will obtain the liquid provider report from SFX and send it to selected high net worth clients only. This will show
that the trades are real and to which liquid provider the funds go to.

There are several reasons for other strategies that were initially profitable and turned into a loss when made public. One of the reason is due to trader mentality and psychology; when they were trading their own funds their fund size was smaller,but when the fund size is huge they start to get stressed out.

Another reason is Market Liquidity Capacity. When you are trading with 100-200K fund size, there wont be any issue with your trading strategy. But when you have an influx of 10-50 million fund size, some of the strategies might not work anymore.

I hope this clarifies your concern.

 

[Nordhill Capital]

Kindly explain the findings on Pavilion.

Any veterans, staffs from FX brokers will know this is impossible.

Leverage 1:1000? Margin unlimited?

Check the findings and answer accordingly.

How can a margin call account revive? It is not possible in any FX BROKER

Dear Peter1124,

We would like to know where exactly did you see the leverage is 1:1000?
And what do you mean by margin call account revive?

Thanks

 

[Jetjock]

Hi All,

I'm an investor with Nordhill/ Stonegain / SFX since March 2016 and account is profitable, however this is the first time I have tried to withdraw from my SFX account since September 1 and still no transfer received in my local bank account.
just checking if anyone has managed to successfully withdraw their cash.

Thanks

 

[kelix]

Hi All,

I'm an investor with Nordhill/ Stonegain / SFX since March 2016 and account is profitable, however this is the first time I have tried to withdraw from my SFX account since September 1 and still no transfer received in my local bank account.
just checking if anyone has managed to successfully withdraw their cash.

Thanks

Hi @Jetjock, I have withdrawn amounts in the past, fastest was 4 days, longest took two weeks, sometimes its a combination of intermediaries etc.

as others have said, they've opened a new funding bank in Czech Republic now as well so not sure if its a logistics issues.

keep us informed how you get on

 

[kelix]

@kelix

I noticed that on the website of Charter Prime is says that it "is incorporated in New Zealand and registered
with the Financial Services Providers Register (FSPR) (FSP no. 348606)". But it doesn't say regulated.

Same with STG, in the August newsletter they wrote

Addition of an STP broker: CHARTER PRIME

Registered under Dispute Resolution Scheme-Insurance & Financial Services Ombudsman Scheme Inc. in New Zealand.

I'm not a native English speaker, but I believe there is a big difference between registered and regulated.

might be interesting to ask more details here regarding this with the STG guys.. ESL is a common issue for not only those reading but also composing some of the emails

https://www.charterprime.com/en/pages/about/choose_us/fund_protect.html

http://www.stgwealth.com/charterprime/