Q: What exactly is PowerTrade International?
A: PowerTrade is a Commodity Trading Advisor registered with the National Futures Association. We offer trading systems to both the retail public as well as the institutional market.
Q: Why do I pay a membership fee?
A: PowerTrade reviews systems every year and every program gets proper diligence. We review back-tested results, risk/reward ratio's, sharpe ratio's, and other statistical analysis to decide which product best fits our firms customer profile. We attempt to offer programs that have low correlations to one another so that you can have a variety of different products. Your membership fee saves you the 10's of thousands of dollars that most systems in the market will cost you to decide if they are "real" before putting your hard earned risk capital in the market.
Q: How much money under management does PowerTrade have?
A: $0. PowerTrade is termed as an "informational" CTA or otherwise a "Systems" CTA. All clients need to execute a Letter of Direction (LOD) to trade our programs with their corresponding broker. We do not have Power of Attorney (POA) on any of our customers accounts nor do we send out a DDOC. Please be aware of the risks of trading futures and speak to a consultant about the risks associated in the futures markets.
Q: Does PowerTrade charge a commission or include commissions in their systems performance?
A: Some of the systems will show commissions in the results. Slippage is estimated in all trading results. Please check the "Extra Data" at the bottom of the Results page for reporting policy as well as if commissions are included or not. Also, feel free to contact your customer support line or email support at clientassist@powertradeinternational.com if you are unsure or have any questions.
Q: Are PowerTrade's Fees included in the returns?
A: Due to the two types of memberships we offer, we cannot include fees because we could not accurately represent the particular systems numbers. Also, generally, the more systems a customer begins trading, the more the costs are likely to average down. If you wish to have fees included into any custom portfolio, contact your representative for a personalized worksheet. The results you see are classified as hypothetical and past performance does not necessarily indicate future results.