Forex Income System/Setup
Welcome to the Forex Income System:
The process to connect your forex broker account to the Forex Income System is very easy and the steps are detailed below.
I have a “Forex Income System” Telegram group where you can get support or help by CLICKING HERE.
First you'll need a VPS (Windows Cloud Computer).
I recommend this VPS service: CLICK HERE
Once your VPS is setup from the company I recommend above, you'll receive an email with all of the login details: please pass that information to me.
*you are only allowed 1 account per Forex Income System transaction. For more accounts you'll need to purchase additional licenses.
Next you'll need a Forex Broker: you can use any MT4/MT5 capable forex broker.
It is free to setup a broker account; and you can start with a demo account (fake money) or a live money account. Please follow the individual brokers instructions on how to fund your live account.
For example: with HugosWay, you can fund your account with Bitcoin however different brokers offer different funding methods.
It is recommended that the minimum account size is $1,000. You can have a smaller account however the system will have to be scaled back considerably and profits will be much less and less consistent over time.
*when I first setup your trading account, I will create the demo account (you do not need to do that) since it is not account specific however when you transition to a live account, you'll use this broker account and pass me the info in terms of server name, account number and password.
Once you have a demo or live money account, you'll need to pass me your broker "server name", account number and the "investor" or trader password. Click Here to contact me and give me your account details.
Each account typically has a "trader" password giving full account access and an "investor" password, which only allows limited account access (only trading no withdraws or deposits). If you have a prop firm account you most likely won't have an investor password.
At a minimum the Forex Income system only requires 3 things from you to be connected.
Broker Server Name: [example HugosWay-Demo3 OR HugosWay-Real3]
Password: (investor or trader password)
*Note: this is not your online account login information (logging into broker over the web), this is instead the actual MT4/MT5 trading account, broker name, account number and password created by you within the broker account.
About The Forex Income System:
Currently trading 10 currency pairs:
AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY
Bidding: the forex account bidding is based on account balance in increments of $1,000. A $1,000 account will be set at .01 lot size and will increase by .01 lot size for every $1000 maintained in the account up to $5,000. Above $5,000 account size, the lot size is increased by .01 for every $2,500 above the original $5,000 account balance.
*Note: even with these conservative income settings, you can still lose ALL of your deposit and profits and you are solely responsible for monitoring and maintaining a healthy account balance and margin level %. We will discuss in the Telegram group how to handle account management or individual cases on an ongoing basis - as forex market conditions dictate.
Can you have a custom lot size (i.e. a more risky/higher bid amount?)
Yes. To do so you simply contact me and tell me what lot size you desire HOWEVER going outside of the recommended Forex Income System parameters is dangerous and not advised.
How Much Profit (or Loss) Can You Expect?
*As you know, we don't control the market - the market does what the market wants to do, some days it is overactive, others it is flat with no movement; so predicting profits is more based on your own monthly averages, your personal account balance and your risk/bid size. Start with a demo account and get a feel for the Forex Income System.
Note: when the system is first turned on the first few trades could experience a small loss or break even until you begin receiving all trades in the sequence; this typically takes 1-3 days to stabilize and is normal for new accounts.
WARNING! manually opening or closing trades on your account WILL cause losses due to the automation system needing full control of all aspects.
MOBILE DEVICE MONITORING:
With the Forex Income System you are not required to have a VPS or setup MT4/5 on a computer or server to monitor your account however you are welcome to monitor in any way you see fit. I suggest using a mobile device; see the videos below on how to set that up.
ANDROID/GOOGLE CONNECT VIDEO: CLICK HERE
APPLE iOS CONNECT VIDEO: CLICK HERE
FOREX TRADING/INVESTING DISCLAIMER:
U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risks. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this website or purchased from this website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Forex Income System & Terry Lamb and any authorised distributors of this information harmless in any and all ways. The use of this system constitutes acceptance of our user agreement.
The typical purchaser does not make any money using this system. The Forex Income System & Terry Lamb does not guarantee income or success, and examples shown in this presentation do not represent an indication of future success or earnings. The company declares the information shared is true and accurate.
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