How To Correctly Approach A Trade Platform And Avoid Rejection: Are You Truly Ready, Willing and Able?
Being on the receiving end of dozens of submissions that come in on a weekly basis, most come from investors who do not understand the proper etiquette needed to successfully be invited into a program. Many times, an investor has a pre-conceived notion about how to approach a platform. They want to do things their way.
However, those pre-conceived procedures they would like to follow do not fit with the actual way the platform must, by banking rules and regulations, begin the process. The investor who insists on this generally is declined even the chance to be considered.
Think of it this way. You know that a party is being held where the guests are participating in the trade programs. They took the correct approach, followed the order and instructions of the trade platform to conform with banking and trading rules. They are inside having a grand time while they multiply their assets and receive profits for use by the trader.
Now, you were not invited to this party, but you would really like to attend. If you were going to try to barge in and crash the party, you would be automatically rejected, and most likely banned from showing up again. Pretty severe, isn’t it? Yet many times, an investor thinks they can push their way in, which is hardly the way to be invited!
To make yourself attractive for an invitation to the party, you must ‘dress up’ by providing the documents that start the invitation process. Those are commonly the passport and client information sheet of the owner of the bank account, a bank tear sheet no older than 10 days, and some other necessary documents. There is also the matter of your personal manner. Are you cooperative? Have you disclosed everything? Will you act like a partner who has a pleasing personality that the trader can work with?
These are just a few things that you, as an investor, need to be prepared to do.
The next step is presenting your documents to the designated person at the platform. This is how you make the request to come to the party. After a brief time making sure that you and the money you want to use are clean and clear, you have passed through the first doorway towards the party.
This due-diligence is mandated by the Know Your Customer rules. This is also the correct way for the relationship to begin. You, as the investor, have to take the first step and introduce yourself. Your documents are your introduction. If all the necessary paperwork is presented, and you are cleared to enter the next door, you will be dealing directly with the principal(s) of the platform. This is the point where you must pay close attention to the instructions that the platform gives you. They are required to follow ever-changing rules and requirements to invite you through the last door, which is the entry to the party itself. This is the Contract (Asset Management Agreement) which binds you and the trader together for the duration of the program.
Because of the enormous amount of fraud and misrepresentation that has resulted in extremely muddy waters for an investor, each step is taken rapidly but carefully, to make sure that all of the ‘i’s are dotted and ‘t’s crossed at each step.
If you have the right attitude (Willing) , the right presentation of yourself through your documents, and the willingness to let the traders do what they must in order to let you in to the party, then success is likely—assuming you are dealing with someone who truly IS connected to one of the real trade groups.
If you wish more information, contact the person you received this from and ask to speak to the trade platform representative.
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