For Resident Indians:

+Global Indian Managed FX +
We are grateful to the Government of India for granting permission through the Reserve Bank of India, Foreign Exchange Dept, Central Office, Mumbai -1 vide their Ref No. RBI/2004/39 A.P. (Dir Series) Circular No.64 dated Feb 04, 2004. This permission has now enabled a Resident Indian Individual to remit upto USD.25,000.00 per calendar year for any current or capital account transactions or a combination of both. FEMA Schedule I [See Regulation 3(1)(A)] Classes of capital account transactions clause (k) permits "the Sale and Purchase of foreign exchange derivatives in India and abroad and commodity derivatives abroad by a person resident in India". However please note that this facility is not available to corporates, partnership firms, HUF, Trusts etc. Pursuant to the said permission the + Global Indian Managed FX + program for Resident Indian Individual's which will be managed on a discretionary basis will have the following features:

	Minimum required investment	USD.25,000.00
	Minimum Lock-in period	12 months.
	Markets Traded	Major Foreign Currencies
	Methodology	Disciplined trading approach using technical and judgmental analysis coupled with effective money management. The CTA will enter a trade only when there is a confluence of various technical factors and the market offers a low risk opportunity with the probability of winning being high, despite which the client may observe more losing trades (with small losses) and a few winning trades (with larger profits) which is generally the case with most successful strategies. There will be periods when there may be no positions taken at all (example: uncertain market conditions) as a part of capital preservation techniques.
	Max Commitment of assets to margin	10% of available equity
	Per Trade Risk threshold	2-3% of available equity.
	Overall Stop-loss Limit	25% of initial equity.

If you are interested in the above program, please insert your details below.