Hi Guys,
FxEthos provides POA to those clients which is used only if the clients allows someone else the right to trade over their accounts, such as money/ fund manager. If the clients accepts it, then the money/fund manager should able to provide their clients one automatically.
While the account is managed by the money manager by using the POA document, the clients can request for withdrawals or closure for an account but only when it is approved by the money manager. This provides a total protection to their interests as some of the clients withdraw capital/profits without any knowledge of the money manager and this may clash with their trading systems or the interests. Therefore, such a check is very much necessary.
FxEthos provides POA to those clients which is used only if the clients allows someone else the right to trade over their accounts, such as money/ fund manager. If the clients accepts it, then the money/fund manager should able to provide their clients one automatically.
While the account is managed by the money manager by using the POA document, the clients can request for withdrawals or closure for an account but only when it is approved by the money manager. This provides a total protection to their interests as some of the clients withdraw capital/profits without any knowledge of the money manager and this may clash with their trading systems or the interests. Therefore, such a check is very much necessary.
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