On Wed, May 26, 2021 at 5:47 PM Compliance Bahamas <
compliance@infinox.com> wrote:
Dear Mr. Awari,
RE MAM: AJ-Strategy 3 Swap Free MAM Master - 200106
Updating Clients on Performance
The performance of your MAM has fallen below 70% and as such, our compliance procedure requires us to inform each client of the current Balance, Equity and Performance of their trading account under the MAM.
We intend to send this communication to the clients in the coming days.
Have you communicated the performance of the client accounts with the clients?
Update on Performance
Given the performance of this MAM, can you explain what changes to the trading strategy will be implemented by you to improve the performance of the MAM.
We require this explanation from you before we can allow for new clients to be added.
If we are unable to receive a satisfactory explanation, then we are within our rights to stop offering the MAM our services, which may require you to close down the MAM.
We look forward to receiving a response from you as a matter or urgency
Thanks
Compliance
Infinox Capital
compliance@infinox.com
0-800-060-8744 [/TD]
www.infinox.com[/TD]
2nd:
---------- Forwarded message ---------
From:
FEDTM ACADEMY >
Date: Wed, 26 May 2021 at 09:40
Subject: Re: MAM 200106
To: Compliance Bahamas <
compliance@infinox.com>
Dear support team
Thanks for your email and taking extra care of our clients
1. I know that performance fallen below 70 % and i am trying my best to recover it and i will do recover in next 4 to 6 month
2. No i have not communicated to clients if i communicate with them they will ask for withdrawal and account will be crashed
if you any intent to inform clients please don't do this give me 6 month time i will take exit from broker
3. i am charging 1 % profit share from if account is in profit on monthly basis
4. The same policy if you informed me before started business with you it was really appreciated
5. And again i request you if your policy is changed i will take exit from side just give me 6 month time
i hope you will support me for the same as i given you committed business till the date
Kind Regards,
PravinBapu
Founder & CEO - FEDTM ACADEMY
Jay Ganesh Fame , B wing 412/413 Akurdi Pune India
Ph: +91 9860698197
Email :
pravinbapu@fedtmbillionaires.club
web : fedtmbillionaires.club
3rd
Dear Mr Pravin Bapu
Thank you for your recent email.
All data is correct as of end of day 31st May 2021.
Please see the attached spreadsheet and summary below:
Master_Balance | Master_Equity |
8,315,341.20 | 732,007.31 |
Can you please confirm:
1. The Balance and Equity is correct
2. That you understand that you are responsible for the trading on the client accounts
3. That you will seek to ensure that the trading performance is improved, so that the performance of the client accounts is inline with the expectations of the clients
Thanks
4th
---------- Forwarded message ---------
From:
FEDTM ACADEMY>
Date: Thu, 3 Jun 2021 at 04:27
Subject: Re: MAM 200106
To: Compliance Bahamas <
compliance@infinox.com>
Thanks for mail
1. Yes he Balance and Equity is correct
2 . Yes I understand that I am responsible for the trading on the client accounts.
3. i ensure that the trading performance will improve , so that the performance of the client accounts is inline with the expectations of the clients.
Kind Regards,
PravinBapu
Founder & CEO - FEDTM ACADEMY
Jay Ganesh Fame , B wing 412/413 Akurdi Pune India
Ph: +91 9860698197
Email :
pravinbapu@fedtmbillionaires.club
web : fedtmbillionaires.club