Managed Forex Accounts
Blackwave Algarve was started with a €164,000 deposit. If you click on the MyFxBook Statistics you will see the most updated figures for withdrawals. As at August ’23 that figure is €100,000 while the balance is over €230,000.
Is it risky? Like all forex trading, absolutely! This is not a 10 year German Government Bond but the aim is to manage the risk professionally, grow the balance while making period withdrawals to invest in other assets like equities and property. This way we build and longer term diversified portfolio of assets all driven from the profits of Blackwave Algarve.
Blackwave California is a lower risk version created in 2016 and since then it has massively outperformed the S&P500. Trouble is that most people who want a managed forex account are “high risk” sort of clients, so this lower risk version always flies under the radar. It has been extremely durable over the many years since Barack Obama was still U.S President