Client accounts are calculated on a monthly basis and the client may elect to withdrawal funds at any time after the initial 90 days. A client may also allow funds to compound. Each account will receive a monthly accounting which may be viewed online or by written request.

Preferred Position

A unique feature regarding account returns is that the client is placed in a preferred position and receives their profit prior to LCM Gold receiving any profit. we do not charge any fees and only collect profit after the client has been paid their monthly profit.  If there is a monthly profit period where the annualized rate is not achieved, it is accrued to the next profit period and the client profit gets paid before any residual profit goes to LCM Gold. For example, if your return is 1.5% per month and you only realize 1.0%, then the next profit period you will be paid 2.0%. (Your account with be credited that accrued .5%)

Liquidity

LCM Gold allows the client to withdraw easily from their account with flexibility and liquidity. As long as their request is submitted in writing (email ok) by the 15th of the month, they should receive the requested funds by the 1st week of the following month. Client profits can also be preset to be sent out monthly, at the end of the year or just left in the account to accumulate and grow.

Account Type and Size

We accept cash, managed accounts, and self-directed IRAs. Although LCM Gold’s starting account size is $25,000, we do allow some selected accounts to begin with a lesser amount, (upon approval from the LLC members, not all cases qualify)

Managing Risk

Trading the FOREX entails Risk, but what LCM Gold does is manage that risk. Unlike many Currency traders, our philosophy is to control the exposure by managing the amount of leverage associated with the account as outlined below:

1. Leverage shall range from: 1:1 (one to one) to 10:1 (ten-to-one), with appropriate Stops set so that no single transaction shall risk more than 2% of the Customer’s balance, and all combined open transactions at any one time shall not risk more than 20% of Customer’s balance.  95% of account balance will be used at the 1:1 and 2:1 leverage range, with the remaining 5% used in the range of 3:1 to 10:1; and,

2. Currencies shall be:  US Dollar, Canadian Dollar, Australian Dollar, New Zealand Dollar, Euro Dollar, Swiss Franc, Japanese Yen, and the Great Britain Pound. and;

3. In the event that there ever is a loss of 20% of the principal balance in Company’s, direct or indirect, currency account held on behalf of Customer, all transactions shall cease, and no further currency exchanging shall be done unless and until Customer so instructs in writing.  Notwithstanding the preceding sentence, it is remotely possible that circumstances caused by stop loss slippage due to automated operating system error could result in a loss that exceeds 20%.  Customer understands this to be a risk associated with a system or electronic error and not a human error, and Customer agrees to bear such risk.