Capital is held in an Australian bank on trust under your name and can be withdrawn at any time.
History shows that we deliver well above average monthly compounded returns.
We reduce investors’ risk with smart money management and mathematical models.
We dedicate 10% of our top line revenue to investing in or donating to projects that are positively impacting the planet.
Our asset classes are not dependant on the economy doing well or any market going up for our investors to make a profit.
Once your account is set up there isn’t any input needed. You will receive daily statements via email to show how your investment performs.
How Managed Discretionary Accounts Work
You set up a trading account and deposit funds with an Australian regulated broker that is approved by us.
You choose which Risk Reward Option you would like and sign the relevant documents.
We connect your account to our system which trades in your account.
You receive monthly reports via email of the investment performance.
The broker deducts our performance fee at the end of the month when the account is in profit.
Once your account is set up, we connect it to our master account. Our software trades our funds in our master account, then all trades are copied in to your account using the Risk Reward Option you have chosen.
Each time a position is opened in the master account it will be opened in your account. Each time a position is closed in the master account it will be closed in your account.
All safeties like stop loss orders are placed in your account to ensure your results are as close to ours as possible.
Algorithm Development Process
Before our trading algorithms are rolled out on investor funds they move through a strict quality assurance process.
Our traders and mathematicians plan the trading strategy.
Our developers then code the functions of strategy.
We then run thousands of tests on historical data and analyse it.
4. Paper Trading
The best tests are then run on a demo account using artificial money.
5. Real Funds
We then deploy the trading bot on our own real money.
6. Investor Funds
Only after a bot has passed all prior steps is it made available to investors.
Service Fee Type / Description
Amount of Service Fee
The fee to open your account
The fee payable for each amount deposited into your account
The fee on each amount you withdraw from your account
The fee to close your account
The fee for switching Risk Reward Options
The fee for each transaction undertaken on your account charged by Symbiosis Capital
Third Party Transaction Fee
The fee for each transaction undertaken on your account charged by a Broker or other third party
Fees may vary depending on the choice of Broker. Some Brokers charge separate fees, and others incorporate their fees into their foreign exchange contract rates. Please refer to the terms of service of the relevant Broker. Note: Our Target Risk Reward Options already incorporate the brokers fees.
The fee for generating a Return on your Account. Fee thresholds are based on Account Equity*. Performance fees become due and payable at the end of each Period.
Account Equity at the end of each Period
Fee (% of Return for preceding Period inc. GST, Broker Fees and Commission)
The choice is completely up to the client as to what you do with the returns at any point in time. We are strong advocates of compounding, and due to the incremental nature of currency trading, the impact of reinvesting can result in a significantly greater outcome at the end of the year. The client can withdraw funds as they wish, though we strongly recommend advising us before doing so as withdrawing large amounts without notice could lead to a significant loss.
What if you go directly to my financial advice clients?Praline Ramirez2020-01-16T03:42:08+00:00
The minimum deposit for a client is $50,000 and the client must maintain a balance over this amount at all times. The minimum deposit amount is set at this rate to ensure the account stays within our risk parameters. Reducing the account balance increases the risk.
If we incur a loss one month, there is no fee for this period and the next invoice will only become due when the clients’ account has surpassed the last closing balance above the loss. E.g if an account reaches $1,000,000 and is invoiced, then a loss occurs, the next invoice for fees will only be payable when the end of month balance exceeds $1,000,000.
Human error and carelessness is the main reason accounts get compromised. We use multiple tier access for all logins. Only select staff have access to all areas of our software. We also have software to deter and stop would be hackers. We take the security of our accounts very seriously and have adopted best practices.
During our onboarding process the client signs an agreement that allows their broker to automatically deduct our performance fees from their account at the start of each month for fees payable on the previous month. Symbiosis then issues the client an invoice marked as paid.
Do I pay performance fees if you lose money one month?Praline Ramirez2020-01-16T04:04:44+00:00
No, if we incur a loss one month, there is no fee for this period and the next invoice will only become due when the clients’ account has surpassed the last closing balance above the loss. E.g if the total balance reaches $1,000,000 and the performance fee is invoiced, then a loss occurs, the next invoice for fees will only be payable when the end of month balance exceeds $1,000,000.
The client has full control over all funds in the accounts at all times to add, withdraw and transfer between accounts. We do however request that if a clients wants to withdraw they notify us first as we may be mid trade and it could result in a loss if they withdraw at the wrong time.
What if the trading bots make mistakes and lose?Praline Ramirez2020-01-16T04:02:38+00:00
Trading algorithms are designed based on the way humans trade, except they have one big advantage, they don’t have emotions which cause poor judgement. In saying this we don’t just let the trading bots run. They are supervised by humans and a number of alerts are in place incase something is out of order.