What are Chelton's requirements?
- You need to have at least one year of trading history.
- Average P/L must be greater than three pips, and average trade duration must exceed two minutes.
Which trading instruments does Chelton support?
- We support all spot metals offered by the broker.
- We support all currency pairs offered by the broker.
- We support all crypto pairs offered by the broker.
- We do not support trading equities (single stocks), equity indices, commodity CFDs, fixed income, futures, ETFs, forward FX, or options.
AFSP status requirements
You need to meet the following requirements:
- A real-money account with a trading history of over one year.
- Excellent risk management. Drawdowns must not exceed 20%. Our risk management team places a 20% hard stop-loss on all the trading accounts.
What are the benefits of this status?
- You operate under Chelton’s legal framework: Avoid the complexities and costs of obtaining your licence by leveraging Chelton’s existing registration and authorisation.
- Chelton handles the intricate compliance and risk management requirements, so you can focus on managing your clients’ investments.
- Clients trust providers of an authorised and respected organisation, which gives you a competitive edge in the market.
How much does it cost and what can I earn?
- We charge €2.000 –or– 20% of all fees you collect on a monthly basis, whichever is greater
- For example, if you charge your clients a 2% management fee (MF) p.a. and a 20% performance fee (PF) p.m., you receive 1.6% MF and 16% PF.
- if 20% of all fees you collect totals €1.600, we charge you €2.000,-
- if 20% of all fees you collect totals €2.900, we charge you €2.900,-