I just received this e-mail from GalleonFX. The gist of it is that the $1000 minimum opening balance requirement will soon end in about 12 days. I am still wrestling with paperwork but I hope to get in by the time they close this offer. Before you jump the gun I’d strongly suggest you visit their site and do some research or maybe look at other Managed Forex Account offerings, but I kinda doubt you’d find anyone else letting you get in with the puny sum of $1000.
The GalleonFX website can be perused at the following URL:
E-mail from GalleonFX staff follows below:
Dear Clients and soon to be clients,
We’re up about 5% for the month as of October 18th. Our improved exits are continuing to preform in an outstanding fashion allowing us to continue capturing more gains as the dollar continues to weaken.
Keep in mind if you are not already a client….. that there are only 13 days left in October to take advantage of our $1000 minimum initial deposit. No Catch!
If you have investigated other Forex Managed Account services, you would know that average minimums are usually around $25,000. Out of the reach or more average investors.
To be able take advantage of our advanced trading systems with only a $1000 minimum is an outstanding opportunity, and for convenience of funding, our brokerage firm, FXCM allows you to charge your initial deposit to your credit card. Getting involved with a good managed forex service has never been easier
At the beginning of this month we were allowing $1000 minimum deposits with a “catch”. Not anymore. Now there is NO catch.
You can now open and fund an account quickly and easily by visiting our website, logging in following the directions on our Open Account page. The process may only take 20 minutes to complete and if you follow the directions exactly your account can be opened and funded within 3-4 days.
Though this year has had it’s rocky times, some client accounts are up near 60%.
You may also want to keep an eye on the Currency Manager Rankings put out by Barclay Trading Group to whom we recently submitted our trading reports. We should be ranked among their top 10 when the new rankings come out next month. Just for reference, if you take a close look at Barclay’s top 10 currency managers, they usually have minimums in the $100,000 range.
Many of the best money making opportunities are only available to the rich and elite. For the next 2 weeks, now anyone can have such an opportunity while our minimum is still $1000 to get started Regards, Ben Galleon Operations