 FATs ® is automated trading software that is designed to simplify Forex Trading by sharing other trader’s experience and make it available for other traders to apply on their trading accounts at MII. How it WorksIt is as simple as 1,2,31. Check the available trading systems according to your criteria 2. Select one or more systems and create your own portfolio 3. Apply the selected systems on your trading account For more details, please watch our Video Tours. Fee Structure: 1 pip per round turn lot traded. |
|
 ● Excellent for novice traders ● Excellent for traders with lack of time or knowledge ● Overcome the emotional barriers ● Over 50 signal providers with more then 1000 strategies ● Takes advantage of market situations 24 Hours a day. ● Fully automated and time saving trading software. ● Historical Performance Data for available Trading Systems. ● The ability to combine two or more Systems in a customized portfolio. ● The ability to specify your own risk management parameters. ● Trades take place on our price feed and spreads. ● All trades are executed through our Platform. ● Web based platform- can be accessed anywhere anytime ● User friendly |
|
|
|
 Once you have checked that your computer system fulfilled the system requirements, open demo account and install FATs ® platform following this steps : 1. Sign up for a free demo account Get the free account click here. 2. See your account Login and Password After signing up, an email containing account login and password will be sent to your email account that you have registered with us. NOTE : you may want to check inside your junk mail folder in case you didn’t receive the mail. 3. Launch Platform Go to our web site, once you have open that link on your computer, launch it and login with account that you have registered. This will enable you to get the latest updated data from our server. |
|
 We have prepared a manual to help you get the most out of FATs ® • Online Version • PDF Version |
|
 Do I require the platform to be connected to the Internet permanently? No, all trade signals are executed on Remote servers, therefore is not a requirement to keep your PC running for trade execution on your account. You are required to connect to the internet to set your Money Management settings initially. Does the platform allow hedging? Yes it does. How do I get started, what is the process and how long does it take? Click on the following link to open a FATS account: http://monex-fx.com/liveacc.html Our New Accounts department will notify you regarding the status of your account application by email within 2 business days. How can I view my trades? You can view your trading signals via web based Auto trading platform, no download is required. What are the costs for the signals and trade execution are there any other charges? The only charge the client pays is 1 pip commission per round turn in addition to the broker spread. For example, $10 on 100k lot. There are no other charges for signals or platform rental. Can I trade any signal Provider I like? Only signals providers integrated and listed in the portfolio builder section of the platform are available to auto trade. Does your platform support multiple strategies in parallel? What happens if Provider A is short on EURUSD and Provider B tries to place a long EURUSD trade? The Auto trading platform will recognize signals from multiple signal providers and hedging is used when necessary. Can I close or change the SL or Target manually myself? Yes, you can close or modify an auto trade signal, however it will be readjusted again if a new modify order is placed by the signal provider after the client adjustment. If I close an auto trade, when the signal arrives to close the trade, will it then put me in a new open position? No, open and close signals are distinctly different, if you manually close a trade, no position will be taken when the close order arrives. The next new trade to open will executed on your Can I set leverage with your platform, what if signal provider wants to buy $100k but I only want to open $10k? The client sets the leverage for each currency pair to their requirement, the signal provider only sends the signals, not a suggested lot size. What happens if I disable money management for a signal provider when I have an open position, how will the trade be handled by the system? If you remove a signal provider from your portfolio, any open trades will be closed when the close order arrives, but a new position to open will not be executed. What happens if I change my Lot size for a Currency Pair when I currently have an open trade in that pair? The trade will be closed with the lot size it was opened, the next new trade to open will be reflected with the new money management settings. What are the margin requirements for a Trade? The same as the underlying broker account margin levels. Which is the best system to trade? This is left to the discretion of the client, we provide them all the tools and trade history for them to make an informed decision regarding their investment choices, but do not provide investment advice. Is the performance figures realistic to what people are getting on their account? There are many LIVE clients trading these systems, the performance figures are regularly checked to ensure they are aligned with LIVE trading account performance. Do the performance figures include commission? No, the performance does not include 1pip commission per round trade. Do the performance figures include swap values? Yes, they include swap/rollover rates. How long does the DEMO account last for? DEMO accounts last 30 days. What if I want to do a manual trade in addition to Auto trades? You are able to open manual trades in addition to auto trades, these will be labeled as “manual” in signal provider column on the Autotrading software. How do I know what size of stop loss a signal provider uses, so I can calculate my risk? You can contact the signal provider, or use the DEMO for 30 days to assess your potential portfolio. How many systems/ pairs is it possible to trade in a LIVE account? It is possible to trade 100 system/pairs in the LIVE account version. Does the DEMO account have the same functionality as the LIVE version? Yes, The DEMO account has the same functionality as live account. Can I stop Auto trading at any time? Yes, you can close all your positions and disable your portfolio instantly; you are in complete control at all times of your account. What does Max DD mean in the signal provider list? It is the largest peak to valley drawdown for that pair; this figure can be used for evaluating your risk. Why are some pairs showing less profit than other pairs with same number of pips? This depends on the pip value of the currency pair in question. Can I trade various modes of money management in same portfolio? Yes, you can have fixed lot, ratio and delta settings in the same portfolio. When is the commission charged, at end of month or every trade? The commission is applied when the trade is closed. Can I set leverage with your platform, what if signal provider wants to buy $100k but I only want to open $10k? The client sets the leverage for each currency pair to their requirement, the signal provider only sends the signals, not a suggested lot size, and a client can trade from $10k lot upwards for each pair they decide to trade. There are 3 Modes of Money Management: (i) Fixed Lot – Fixed Lot size per trade. (ii) Fixed Ratio – Fixed Account % Risk per trade on Principal. (iii) Fixed Delta – Increases or Decreases lot size dependent on Account Balance. Would someone please tell me how these Money Management Methods work in simple language? Fixed Lots : Each time a signal is sent to your account, a fixed trade of 10k or 40k or whatever you select is sent to your account. Fixed Ratio : As you system produces a profit of x amount (Delta amount), then the trade size will increase by ratio base Fixed Fractional : This figures the trade size by risking a specified portion of your account. You determine the % of your account risked. Also, you need to find out the distance of stop used by the signal provider. I am in process of opening up a $3000 account, What would be the best strategy and system to select for a medium risk trading? You can filter through the systems on the platform. Feel free to check out some of the past chat log of the Regular Live Chats our expert do each day from 19.00 – 21.00 WIB. Press here to install the live chat messenger. Also, I would suggest checking out our Daily AutoTrading updates with some reviews of some signal providers. Subscribe our demo and you will get the updates through your email. By starting with a small amount, you'll want to filter through systems with a relatively small Max DD that have been around at least 12 months. Also, you'll want to consider systems that open a smaller number of Max Positions (like 1-3 Max Positions). How the trades function, is someone manually entering the entry/exit trades on the FATS end or are the trades automatically executed by technical data analysis? Let's assume I am a signal provider. When I wish to enter a trade, I will send my details to Tradency, who will automatically (through computer automation) send the signals out to all subscribers of FATS. It is possible that end users will experience slightly different results. This should be fairly minimal due to possible liquidity or slippage issues with the market at the moment the trade is executed. However, everyone who is subscribed to the same provider at the same time should receive the same signals (with slightly different fills). Those who did not receive the signals may not have been subscribed, or possibly they don't have enough margin in the account to cover. I’m new to FATS and I would like to know how the systems were collected and put together. How is a system evaluated before it is included in the collections? FATS is the software provider who developed by third party technology to allow other clients to trade their strategy. For the actual details of how to get included or for what the parameters are, feel free to ask in our live chat skype messenger. I already subscribed to FATS daily auto trading updates, and I would like to know why I can’t find the system that you mentioned on daily updates after I use the system seeker option on performance tab ? When you use the system seeker both on performance tab or add new system tab , the system listed only based on the time frame that you select, so in a case some system that you want do not show on the list that’s because within the time frame that you chosen there were no trades executed by the signal provider. Try to choose longer time frame, ex : since inception, or 1 year. Let’s say I really interested in some signal provider, and I want to see the forward testing result from System Equity (SE) Curve that I found on Portfolio Tab, How does it calculate? SE Curve is based on a sum of a day, meaning if a system lost 800 pips on a certain day, but profit 1,000 pips on the same day. Then SE Curve will sum up that day as a winning day. |
|
 If you need further assistance using Monex FATs, please fill the form below and submit it : |
|
 Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent advisor if you have any doubts. Past returns are not indicative of future results. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. PERFORMANCE POSTED BY SYSTEM PROVIDERS MAY HAVE HAD LITTLE OR NO EXPERIENCE IN TRADING ACTUAL ACCOUNTS FOR ITSELF OR FOR CUSTOMERS. BECAUSE THERE ARE NO ACTUAL TRADING RESULTS TO COMPARE TO THE HYPOTHETICAL PERFORMANCE RESULTS CUSTOMERS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON THESE HYPOTHETICAL PERFORMANCE RESULTS. Links to third-party sites are provided for your convenience and for informational purposes only. MII and the Monex FATS, bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. MII takes great pride on the accuracy of reporting the performance data. However at times there may be some discrepancies. “Total Profit” is a hypothetical representation of both the “Profit” column and the “Swap” column, as the “Swap” is a representation of the spread on the currency pair. |
|
