Can anyone recommend a broker for money managers?
Requirements:
#1 reliable and regulated, funds are safe
#2 STP-ECN
#3 Can use MT4 to trade, can place limit orders at the bid/ask, supporting fully automated EA, even for sub-linked accounts and total funds under management
#4 broker back end distributes the performance fees according to the manager-client agreement.
So far in searching through the internet, I've found some good brokers that have 3 out of the 4 requirements, but couldn't find any that matches all the requirements. I don't want to handle the clients' money. I just need a limited power of attorney to manage the trades, and be paid accordingly. Cheers.
Requirements:
#1 reliable and regulated, funds are safe
#2 STP-ECN
#3 Can use MT4 to trade, can place limit orders at the bid/ask, supporting fully automated EA, even for sub-linked accounts and total funds under management
#4 broker back end distributes the performance fees according to the manager-client agreement.
So far in searching through the internet, I've found some good brokers that have 3 out of the 4 requirements, but couldn't find any that matches all the requirements. I don't want to handle the clients' money. I just need a limited power of attorney to manage the trades, and be paid accordingly. Cheers.