ICE FX understands how difficult it is for a rookie investor to puzzle out the ins and outs of investing, and how the results of his activity strongly depend on this.
We are interested in ensuring that you gain the necessary knowledge and skills as soon as possible so that you would be able to make profitable investment or find an investment consultant, who will be able to control your investment, since it depends on how satisfied you are with our company.
To support beginners, we have made it possible to work with an individual consultant or with an agent belonging to a special group.
You can work with a personal manager. A personal manager is assigned to you as soon as your deposit exceeds $5,000. Your personal manager will provide support for any arising issues.
A personal manager is an ICE FX employee. His responsibilities therefore include assistance in the following areas:
- Deposit and withdrawal;
- Trading in the company;
- Investments in the company;
- Agency activity;
- Privileged statuses
If your deposit exceeds $5,000 and your personal manager does not contact you within a week after that, please report this to our Technical Support Service. We will immediately assign one to you.
If you don't have an agent or your agent refuses to work with you, you can contact us and one of our trusted agents will be assigned to you.
A trusted agent is not a member of ICE FX and therefore his responsibilities do not include assistance in areas related to the internal activities of ICE FX, such as deposit and withdrawal of funds, execution of trading orders, etc. A trusted agent is an information consultant on issues regarding:
- Functionality of the website and information;
- Investments in ICE FX;
- Drawing up investment portfolios.
Having an agent does not mean you can't have a personal manager.
ICE FX strongly recommends that you work with an agent/consultant whose referral you were at the time of registration with ICE FX. You should request for a trusted agent only when your agent/consultant refuses to provide support to you or if there is a conflict of a personal nature.
Each request for a change of agent is considered on a case-by-case basis. A request can be refused without giving reasons for such refusal.
- Find a consultant
- First "don't lose", and then "earn"
- It is better not to take risks and not to earn, than to take risks and lose
- In a situation of uncertainty of choice, chose the side of risk reduction
- Do not take decisions under the influence of emotions
Rules of investment
- Keep detailed statistics of your activities
- Avoid visual evaluation
Trade evaluation rules
- First, assess your possible losses, and then your possible profit
- Profit does not have to be constant and the same all the time
- Be wary of accounts with stable and constant yield
- Do not invest in accounts that use aggressive money management
- Try not to invest in high-risk accounts during important news
- Don't borrow money to invest
- Don't invest funds that would drastically worsen your financial condition if you lose them
Find a consultant
If you are a rookie investor, mistakes are inevitable. The mistakes can be very costly and even discourage you from continuing your investment activities. Try to find a skilled consultant. He or she can be your agent, personal manager or any of your acquaintances that is experienced in investment activities.
First "don't lose", and then "earn"
It is much easier to protect yourself from mistakes by setting the first goal of "not losing", and the second goal of "earning". Those who put these goals in the reverse order most often do not achieve either the first or the second.
It is better not to take risks and not to earn, than to take risks and lose
This is similar to the previous rule but from a different angle. There is a common saying that: "It's better to regret what you have done than what you haven't." In the markets, this saying works exactly in the opposite: "It's better to skip the opportunity to earn than to risk and make losses" – in view of the fact that in markets, most people lose, and the probability of making losses is much higher.
In a situation of uncertainty of choice, chose the side of risk reduction
In case you are finding it difficult to take a decision, choose the least risky option.
Do not take decisions under the influence of emotions
If you are in a state of psychic excitement, depression, apathy, etc., postpone any decision-making until your psycho-emotional state stabilizes.
Rules of investment
Never keep all your funds in one company or your entire portfolio in one account. There is always the risk of losing funds for one reason or another – don't let this loss become critical for you.
Keep detailed statistics of your activities
By so doing, it will be much easier for you to asses results, see your mistakes, work on them and then take the right decisions.
Avoid visual evaluation
Always evaluate accurately those indicators that can be evaluated accurately. This will save you from many mistakes.
Trade evaluation rules
First, assess your possible losses, and then your possible profit
Everyone makes losses and such are inevitable. It is often much easier to determine how much you can lose than how much you can earn. And if you lose your deposit, by definition you will no longer be able to earn on it. Always start from possible losses and not possible profits.
Profit does not have to be constant and the same all the time
Unfortunately, most long-term systems with clear risk management assume systematic losses and long periods of near-zero yield (flat). By stopping to invest in an account that is in a long flat, you run the risk of not making a profit, which may come very soon.
Be wary of accounts with stable and constant yield
In most cases, an account that makes profit from week to week is a sign that aggressive money management methods are being used. This carries a high hidden risk. In such accounts, you risk making big losses at the most unexpected moment.
Do not invest in accounts that use aggressive money management
Investments are a long process, and investments in such accounts have a 99% chance of ending in losses over several years.
Try not to invest in high-risk accounts during important news
During the release of important news (non-farm payrolls, FOMC, meetings of the central banks of different countries), there is increased risk of losses due to increased volatility of the prices of instruments. Try to avoid investing in aggressive accounts at such times.
The calendar of economic events can be viewed here.
Don't borrow money to invest
Any activity in financial markets comes with risk of losses, and you can lose all your money. Do not risk borrowed funds.
Don't invest funds that would drastically worsen your financial condition if you lose them
Any activity in financial markets comes with risk of losses, and you can lose all your money. Don't invest funds that would drastically worsen your financial condition if you lose them.