This day’s investors looking for forex traders. It is hard to find excellent forex traders and consistent profit portfolios.
But, How to Get Investors for Forex Trading and how to attract them?
If you want to attract new deposits you need to know that every serious investor wants to see two things: excellent past performance and steady consistent live trading results. You can get the investor if you make proof that your past performance is as good as your live trading and if you make proof that funds will be safe.
Many traders want to find directly high deposit investors. It is not realistic. It is as same as somebody who writes one good article in his blog waits to get a million pages from Google organic traffic. More months and years, more capital will come. But the process is slow.
Here are steps on how to get investors:
Step 1: Create an online live trading account and offer to manage the funds.
Your system needs to go to the public right away. You can open:
PAMM account :
The PAMM or Percentage Allocation Management Module is the trading platform that administrates simultaneously unlimited quantity of managed accounts where investors and trader use the same broker
On our website page you can learn more about PAMM how it works and to check the best pamm account forex broker.
This is as same as you have your hedge fund just you do not need to think about payments, tax, collecting money, communication, technology. Hotforex broker PAMM account, for example, will do everything for you and you can get over 1 million potential investors worldwide.
The next opportunity is to find a platform where investors looking for traders to manage their funds. For example, you can connect your live account with Darwinex and investors can invest in your portfolio. Darwinex tracks your past and lives a trading account at the same time.
Next opportunity is mirror trading account and you can try to sell signals:
You can open mirror trading account such as HFCopy Investment, Zulutrade or Collective2 .
This is if you want to share forex signals. If you like only to manage other people money than PAMM is much better.
Step 2: When you have a live trading account and excellent performance you need to set live trading account tracking software
This is an excellent way to promote your trading. Using Myfxbook or FXStat you can promote your system to all forex traders and potential investors for free.
Step 3: Create a Website where you will promote your portfolio and system to investors
when you have live trading results, past performance results, PAMM account – now it is time to open the door to potential direct investors. Directly investors can contact you personally and you can make an agreement with them how and where you will manage their accounts.
Step 4: The final step is to promote your trading portfolio
Finding the right investor takes persistence. There will be many investors that come along, however, they may not be right for you. Traders used to publish their specs and business on a separate online forum where investors could view their stats and reach out to them. These types of online forums slowly died out as they were becoming more and more fraudulent with spam. As a result, traders had to think of other ways to connect with investors and vice versa. The solution to this was social media. Social media plays a large role that allows investors and traders to connect for business opportunities. Platforms such as Youtube and trade blogs connect traders with the investors they need to succeed. This type of business opportunity greatly benefits both parties involved and allows them to reach a higher level of success together.
Some traders would disagree with the notion that a forex investor is necessary. Some traders do not want the hassle that is associated with borrowing someone else’s funds. Some traders are under the impression an investor will find them down the line and spark a deal. The idea of evolving financially, attracting investments, and producing income for those investors is a natural cycle. Beginner traders tend to look for funds from friends and family first. This can be a risky endeavor as the consequences are more significant when you have a personal relationship with the lender. Some traders are able to generate their own income by raising their own capital. Sometimes this is not enough and bigger investments are needed to sustain them.
So you can use Youtube or Facebook to create page and promote your website and your social trading accounts and PAMM accounts.
Types of Investors
There are two main types of investors for Forex traders. The first type of investor is someone who is looking to raise its capital by investing funds. These individuals have funds already saved and ready for investments. This method will generate more profit than bank despots. The next type of investor is someone who used to be a trader and has since switched their role in the market. They have a keen eye for analysis, risk management, and the general know-how of the market.
With an inexperienced investor who has no basic understanding of the Forex market, investment deals can be frustrating. Investors can become impatient and frustrated as a result of their lack of Forex knowledge. Investors with little understanding of the Forex market with interfering with your daily tasks and be more of a burden than an asset.
With an experienced investor who understands the ins and outs of the market, they are much more likely to be patient and supportive. Investors who have previous experience as a trader are more reliable and stable in their partnership.
Regardless of which type of investor you select, it is important to always approach the investor in the right way. Initial approach and first impressions are key to achieving success longterm. There are several strategies that can be used in order to sell yourself to the right investor.
In the final word, I will tell you about another opportunity. You can get investors as private corporations and prop companies. If you make contact with them they will ask you to keep a very low drawdown (less than 5%) and to follow the rules. In that case, you will get several times more money but and greater responsibility as well. Good luck!
