Great ROI , but few issues...
Systematic returns looks great , there is no doubt .
What would be an issue if investing in such Manager is :
1. There are no Contact informations . Very important to know the people before You invest.
2. ACME Managers are obviously not being Broker connected as an IB or External Managers (Managers of accounts). For me not a good sign as i have seen many people trying to start Their FX MA business like this before.
3. 50% Profit Share requires high potential return every month (no exception), otherwise You end up with 0 or minus + Brokers commission . There is no words on how Performance share model is calculated- for example
High Watermark !!
4. Based on the Myfxbook statistics : Not enough data just yet to believe system is long term profitable . Excessive Drawdown . If 15% of floating DD is the top, where the account will be closed for further trading , than it is extremelly risky .
5. 100 000 k deposit migth be a good sign for some, but if manager deposits and withdraw most of it within just few weeks , then it is loosing it statistical meaning.
Good thing about ACME !
1. They share Their live acct. summary
2. They are here at FPA to prove their profitability and understand , that in case of any issues, they will be complains from clients to read in here.
Since i have been around this business for quite some time, i have seen many of similar Managers , which mostly failed . I hope ACME is not one of them and They will prove it .
I wish them ,and all their potential clients many profitable months to come !