ICE FX operates a 100% A-book model, hedging all client positions with external counterparties. Any client can request for online demonstration of the orders executed by them with counterparties in the company's back office.
For B-book and "mixed" models, the company acts as a counterparty to the client's transactions, and the customer's earnings become the company's losses and vice versa.
An A-book model completely eliminates conflict of interests between the company and clients – ICE FX does not act as counterparty to the client's transactions and is not interested in their losses.
For B-book and "mixed" models, the company bears additional risks, as it acts as a counterparty to the client's transactions, and the client's earnings become the company's losses and vice versa.
This reason has pushed quite a large number of companies into bankruptcy due to the very large amount earned by customers in a short period of time.
ICE FX does not bear these bankruptcy risks because it does not act as counterparty to clients' transactions.
Compare A-book and B-book
|Trading||The company does not have a conflict of interest with customers and does not earn on their losses. Moreover, the losses of the client are not beneficial to the company, since losses reduce client's deposit and trading volume (as a consequence - the commission paid in favor of the company).||The company has a conflict of interest with customers and earns on their losses. Consequently, the company is interested in losses of the client. Therefore the manipulation of quotes and trading conditions is possible.|
|Investment||Since the company is interested in the profit of the client and the growth of his/her deposit, company makes maximum efforts to bring on the investment board professional managers and to distribute investor's funds in them (for example, by creating a rating of accounts).||As the company is interested in the losses of the client, it does not make efforts to bring professional managers on the investment board, and, in some cases, even plays against that.|
|Partnership||The average "life" time of the customer's deposit is higher, and consequently, the client brings the partner a reward for a longer time. Because of the profitable trading performance and the satisfaction of working with the company, the client increases the deposit.||The average "life" time of the customer's deposit is lower, and consequently, the client brings the partner a reward for a shorter period of time. Because of the occasional profitable trading the client rarely increases the deposit.|
ICE FX does not only declare but also confirm to any client that it operates an A-book model:
ICE FX demonstrates its back office with counterparties at the client's request. The back office shows all the relevant hedging data.
The client can view the hedge of any order, including that of a third-party manager whose order numbers in MT 4 platform are known to the client.
Back office is similar to the ICE FX personal account. It is hosted on the counterparty's domain and ICE FX cannot tamper with any information contained in it.
To view the hedging of any order, just contact our Technical Support Service.
Demonstration of ICE FX funds
ICE FX provides its clients with an unprecedented level of transparency: any client of the Company can request for demonstration of ICE FX funds held in accounts opened with all trading and payment counterparties.
ICE FX operates a 100% A-book model, hedging all client positions with external counterparties. The company is not interested in the client's losses, since it earns only from transaction commissions.
As proof of this, ICE FX demonstrates its back office with counterparties at the client's request. The back office shows all the relevant hedging data.
According to statistics, about 70% of all losses in the markets are caused by psychological reasons. A trader can set Stop Loss and Take Profit levels in the terminal and set himself any forms of limits. But all this doesn't work because in a state of strong emotions ("tilt"), a person can commit rash actions (shift Stop Loss level, cancel them, open unnecessary trades, etc.).
ICE FX has developed a system for external monitoring of traders' trading activities. The system is available to everyone. A trader can set a number of limits, which when breached, trading will be automatically closed and any further trading activity will be blocked for a certain period of time. In addition, the trader cannot go beyond his initially set loss limit when loss starts growing.
Selection of trading conditions
Aggregator is a software module that combines liquidity from several counterparties into a single stream for clients. The aggregator ensures that clients can always get the best prices, they are protected against poor-quality execution of orders by the counterparty and are completely anonymous to the counterparty. The aggregator works both on ECN and on STP accounts.
Advantages of liquidity aggregation:
AMTS Solutions has created a unique service that allows any client to customize the methodology for executing orders at their own discretion.
The manager trades on a separate account. The manager's trading activity does not differ from his activity on his personal trading account – deposit/withdrawal of investors' funds and auto-adjustment of trades do not affect the manager's work.
There is no auto-adjustment problem, where the manager needs to adjust the volume of new trades when investors' funds are changed manually or to disable auto-adjustment, agreeing with permanent distortion of results, or to limit the flow of new investments when there are open trades.
Aggregation of Trades of Multi-Managed Accounts
Auto-adjustment of trades
Due to the existence of a master account, the trade auto-adjustment system does not affect the manager's work as investors deposit or withdraw funds, and the manager does not need to disable the system or adjust the trades manually. Minimizes discrepancy between the performance indicators of the accounts of the manager and investors through automatic reduction of the size of trades based on investors' funds – regardless of whether the investor terminates his investment in the account or invests in it.
Minimizes discrepancy between the performance indicators of the accounts of the manager and investors through automatic reduction of the size of trades based on investors' funds – regardless of whether the investor terminates his investment in the account or invests in it.
Protects against force majeure and frees the manager from psychological stress by ensuring he complies with the risk rules set by himself.
Provides a loss limit for the investor and ability to forecast risks.
Allows the manager to focus on various categories of investors, without burdening himself with the task of monitoring and managing several individual accounts.
- The investor can choose the degree of aggressiveness of the managed account;
- The investor can invest less funds to obtain the same results in absolute terms and can reduce non-trading risks;
- Makes calculation of risks easier and enables the investor to create more diverse portfolios;
- Distributes the high-water mark method for all multi-copies of an account.
Enables skilled managers to get best ratings and be separated from rookies. This focuses investors' attention to professionals.
Simplifies the process of selecting a managed account and minimizes the probability of selection errors and, as a consequence, possible losses.
The account equity is displayed online
In ICE FX investment system, the equity of any managed account is updated in online mode (once every 5 minutes). This allows you to see all the trading details. In the vast majority of investment systems and third-party monitoring systems, equity is updated discretely – with a frequency of 30 minutes or more. So the equity value within this interval remains hidden. Thus, visible investment risks always reduce: drawdowns will always look smaller, and some high-risk capital management methods (martingale, averaging, overstaying in loss-making trades) can be hidden
Full openness of trading indicators is an advantage to managers who do not use toxic trading methods (martingale, averaging, etc.) and have no reason to hide any of their trade indicators from investors.
The manager cannot conceal a particular trading method (martingale, averaging, overstaying in loss-making trades) or falsify trading results post factum.
Results on change of account equity can be calculated
The investment result is the change in the account equity from the moment the investor invests in the account till the moment he/she terminates such investment.
Withdrawal/deposit of funds by investors from/to an account when there are open trades does not distort results for both the manager and other investors.
Out-of-the-box investment solutions
ICE FX is constantly recruiting managers to work in portfolio products (Portfolios), providing out-of-the-box solutions to clients who can't analyze and select accounts for their portfolio.
Focus on 2 categories of investors
ICE FX provides out-of-the-box solutions and fully automates the investment process for rookies. The company also offers very flexible and complete functionality for advanced investors.
Execution at a single price
The trades of all investment accounts and master accounts of the manager are aggregated before execution at an external counterparty. This eliminates differences in execution prices caused by a difference in the volume of executed trades or by a delay in copying by various components of the MA system.
We are well aware that online investment is fraught with concealment and distortion of information about investment products. That is why we do our best to make the ICE FX investment system as transparent and open as possible.
The equity value of any managed account changes in an online mode only. Therefore, managers will not be able to conceal any aspect of their trading activities and money management methods.
All A-rated managers are required to connect their account to any third-party monitoring system that updates its statistics very regularly and to grant access to that monitoring system for anyone who wishes.
In the back office, you can view the trades of any manager whose order numbers are known to you. All A-rated portfolio managers have an open trading history in the account statistics, and their order numbers in MT 4 platform are displayed.
All portfolio managers are required to provide investor passwords publicly for the first 6 months of activity and then subsequently to ICE FX privileged clients.
Along with the general statistical parameters of a managed account, the statistical parameters of the investor of that account are displayed. The profitability of a managed account is always higher than that of an investor account. In some cases, a managed account could record a positive return, while an investor account records a negative return at the same time.
All A-rated managed accounts are required to publicly provide information on closed trades in the managed account statistics page. Together with display of account equity in online mode, this feature makes it impossible to falsify the trade statistical indicators of a managed account.
Most portfolio trading strategies (of managed accounts) operate in other ICE GROUP companies concurrently: ICE FX UK and ICE AM. This makes it impossible to falsify trading results.
The account rating system in existence at ICE FX is radically different from all existing similar systems in the market at the moment.
Long-term observations of investor behavior have enabled us to better understand that distribution of managers within the rating has a tremendous influence on an investor when choosing a manager.
Managers are divided into several ratings according to the level of professionalism and number of precise criteria.
Within each rating, managers are ranked in the same way.
We don't rank managers based on very simple criteria such as total return, total capitalization, and other similar criteria. Comprehensive assessment of criteria is used together with assessment of specialists.
Managers that use aggressive money-management techniques or have a very short trading history are never ranked high in our ratings.
Must be selected or has 18 months of trading history
Must be selected or has 9 months of trading history
One of the largest payouts in the industry
- Landing pages;
- Materials to order.
- Interface for obtaining any data from the company's website in a convenient format
Support for beginners from more experienced partners:
- Consultations on the services and aspects of the company's work;
- Hotline for communication with the company's senior management team;
- Assistance in preparation and correction of materials (articles, reviews, etc.).