FREQUENTLY ASKED QUESTION
CCL Traders is a proprietary trading and asset management group that offers multiple investment portfolios to investors who want to broaden their options.
Your funds are held in a segregated bank account of the Broker/Bank. CCL does not have access to your investment other than for the purpose of trading on your behalf. If the business is to become insolvent your investment is not affected and remains with the executing bank.
Broker/Bank has issued the following statement on their web site in relation to the security of funds held with their bank:
Safety of Client Funds
The single most important factor in the financial industry.
- Client funds held with Broker/Bank are maintained separately and cannot be utilised for operating expenses.
- Our preferred Brokers/Bank maintains a balance sheet with Net Capital largely superior to minimum regulatory requirements.
- In the unlikely event of bank default, Swissquote client funds are legally protected up to 100 000 CHF and returned directly to the client. Several brokers offer indemnity insurance protection to client funds up to USD1-5mil.
Depending on the tax laws of any other jurisdiction, there may be withholding taxes imposed on dividend, interest income or capital gains received by the portfolio investment on securities issued by governments or corporations of those jurisdictions. Investors have a responsibility to declare their investment returns or referral incomes to the local tax department.
Yes, we will pay you 30% of our broker’s rebate as your advisory rebate when you refer self traders to trade with any of our preferred brokers. The rebate will be pay to your CCL-Wallet account. Once you have accumulated more than US$100, you can withdraw the amount to your bank account. Standard banking fee will be charge on every withdrawal.
CCL is headed by a team of tremendously accomplished players in the financial and investment industries from Switzerland, Europe, Singapore, Australia, Canada, UK and US. Our team consists of professional traders and technologists with vast experience in handling large sums of money, ability to assess and react swiftly to market changes and proven track record.
Our portfolios invest mainly in high-quality, short-term foreign exchange denominated in G10 currencies, money market instruments and commodities. G10 currencies are currencies in which investors have confidence and are typically currencies of economically and politically stable industrialised nations. Our team also executes various trading strategies in options and futures on selected portfolios.
Please see here for more information.
Minimum investment is RM 2,000. There is no limit to the size of additional deposits. The minimum investment on each portfolio is either RM 2,000 or RM 10,000 depending on selected portfolio.
We highly recommended that investors diversify their funds into 2 or more of our portfolios to minimize the risk and maximize the gains. Once investors choose to target a level of risk based on your goals, time horizon, and tolerance for volatility, diversification may provide the potential to improve returns for that level of risk.
You will have global diversification with our investment portfolios. We trade FX, commodities, futures and option contracts in over 100 regulated market exchanges, which make it possible to diversify risk around the globe. This diversification is both geographical and across market sectors.
You receive a daily email on the balance of your investment as well as specifics on the trading activity that occurred on your account over the previous 24 hours. This email is sent each day when the New York market closes. You will also receive monthly statement from Swissquote Bank by email at the end of each calendar month.
According to our past experiences, we recommend that you invest for at least 12 to 24 months to enjoy greater trading success.
Investor’s liability is limited to the amount of their investment in each portfolio. Investors will not be required to contribute additional capital to each portfolio.
Percentages displayed may vary based on different brokerages’ executions, liquidity, pricing, technological limitations, etc. VESBOLT takes the closest average percentage of several related brokerage companies on our best effort basis to reflect actual performance data. Thus we continuously emphasize the importance of diversification of funds into multiple brokerage companies as well.