FX Traders’ Umbrella Service
Authorised FX Signal Provider (AFSP), Frequently Asked Questions (FAQ)
What are Chelton's requrements?
- You need to have at least one year of trading history.
- Average P/L must be greater than three pips, and average trade duration must exceed 2 minutes.
- Customer base who can collectively invest at least €500,000.
What trading instruments does Chelton support?
- We support all spot metals that the broker offers.
- We support all currency pairs that the broker offers.
- We support all crypto pairs that the broker offers.
We do not support trading equities (single stocks), equity indices, commodities CFDs, fixed income, futures, ETFs, forward FX or options.
How do I obtain “Authorised FX Signal Provider” status?
You need to meet the following requirements:
- Real money account with a trading history of over one year.
- Stellar risk management. Drawdowns cannot exceed 20%. Our risk management team put a 20% hard stop-loss on all the trading accounts.
What are the benefits of this status?
- You operate under Chelton’s legal framework: Avoid the complexities and costs of obtaining your licence by leveraging Chelton’s existing registration and authorisation.
- Chelton handles the intricate compliance and risk management requirements so you can focus on managing your clients’ investments.
- Clients trust providers of an authorised and respected organisation, which gives you a competitive edge in the market.
How much does it cost, and what can I earn?
- You will receive 80% of the fees. For example, if you charge your clients a 2% management fee (MF) p.a. and a 20% performance fee (PF) p.m., you receive 1.6% MF and 16% PF.
- You pay a monthly fee to cover compliance and risk management expenses, depending on how many clients you introduce to the programme.
Risk Disclosure: Trading the financial markets on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to open a trading account, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading financial instruments, and seek advice from an independent financial advisor if you have any doubts.
Privacy Policy: We are committed to ensuring that your information is secure. In order to prevent unauthorised access or disclosure, we have put in place suitable physical, electronic and managerial procedures to safeguard and secure the information we collect online.
Chelton Wealth will not accept any US, Australian or Canadian residents with following exceptions: US: those clients that qualify as an ECP (Eligible Contract Participant); Australia: those clients that are defined as “wholesale clients” under the Corporations Act 2001; Canada: those clients who meet the “Permitted Client” criteria.
Under no circumstances will Chelton Wealth accept any clients from the following restricted jurisdictions: Ukraine: Crimea, Donetsk and Luhansk. Russian Federation and Belarus. Afghanistan, Burma (Myanmar), Central African Republic, Côte d’Ivoire, DR of Congo, Cuba, Eritrea, Ethiopia, Haiti, Iran, Iraq, Japan, Liberia, Libya, North Korea, Sierra Leone, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Yemen, and Zimbabwe.