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Today we’re taking a look at Walker Capital, a managed Forex account provider that is based in Australia and is claiming to operate a boutique investment service utilizing the expertise of professional traders. Walker Capital is also claiming that their investments target high returns. When we do a review on managed Forex accounts such as this one, we always endeavor to establish the truth in these claims.
The website of Walker Capital is sleek and professional in its presentation. They give their physical address as Level 57 19-29 Martin Place Sydney NSW 2000.
The admins can be reached using the email [email protected] or through the phone number +61 8076 2210.
It’s not clear which people are running Walker Capital Managed Forex accounts as the site lacks a comprehensive about us page.
We did some who.is investigations and realized that the site is run anonymously plus the date of the domain registration is not known.
If you are looking for a reliable managed Forex account service in Australia, we encourage you to check out this page and see how much you can earn in terms of projected returns. You can also check documented trading performance for the last 6 years or so on this page.
Walker Capital Review
The Australian managed FX account service touts a number of benefits on their web page. They want investors to know that with their managed Forex accounts, investors can benefit from the skill and knowledge of traders who are exposed to wide range of currencies, hence diversifying of portfolio is always possible.
At the core of the service is transparency and security of funds. Walker Capital wants traders to believe that their funds will be held in an external trust account which belongs to an Australian bank.
In addition to this, the company is promising total transparency with its service as traders will have access to their account and their monies at any time.
It’s very important for managed Forex account services to explain to investors how their monies will be saved and what investment strategies they will be using to multiply the investment.
It is also quite usual that a managed Forex account provider will always implement some level of transparency for their clients. Unless they own the brokerage where your funds will be traded at, chances are that there will be some level of transparency.
So at this juncture, I would like to see an explanation of their trading strategy because they have praised this service to the point that people who come to this website will want to invest right away.
Walker Capital Australia – Forex Trading strategies
They claim to have multiple trading strategies which have different levels of returns. We’ve explored all of them in details but we don’t like the fact that by the time of writing this Walker Capital review, a representative had not gotten back to us regarding our request to have a copy of their product guide which the service clearly states you can get for free.
So we are wondering what level of customer support they’re providing to potential customers. This might be a point of concern especially to us when we write these reviews.
All in all, we’ll take a look at their trading strategies one by one to see whether or not this is something you can invest in.
There’s swing trading, multi strategy, growth strategy and alpha growth strategy respectively. Their swing trading strategy is allegedly based on fundamentals and technical analysis which involves the use of Fibonacci and trend lines.
Minimum invest for this strategy is $30,000.
A 2.2% Management Fee applies in addition to a 22% performance fee. The strategy focuses on the Australian dollar.
You can also check returns of this strategy directly on the page where details have been provided. Returns are quite minimal here compared to returns offered by our site.
Clients can choose to invest in this strategy directly.
The second strategy (multi strategy) utilizes an algorithm to detect price patterns for emerging and break out opportunities.
Basically, this is to say that Multi strategy is making use of price action to identify trade setups. It focuses on Forex and commodities.
Minimum deposit is $20,000. Management and performance fees are the same. Additionally, past performance can be viewed from the page where details have been published.
Growth strategy is basically the same as Multi strategy as it uses fundamentals with technical analysis involving fibonacci lines.
Minimum deposit is $20,000. Returns are almost the same as the first two trading strategies.
Now, Alpha Growth strategy is for trading difficult markets or markets that are volatile. In this strategy, they analyze short term market flow, general trend and momentum, technical analysis and fundamentals.
This strategy is clearly for aggressive investors willing to take a big risk to reap higher returns. Minimum deposit that Walker Capital has set for this is 50,000 AUD.
Management fees are 3.3% and performance fee is 30%. This is quite higher compared to the other 3 trading strategies.
Walker Capital reviews and testimonials
We’ve not seen any reviews of this service yet which basically means that they don’t have a lot of clients. This could also mean that they’ve not been around for quite long.
As an investor, your confidence towards a Forex fund will increase when you see testimonials or reviews about the service which they offer.
We hope that in the coming days, customers will show up with their reviews and testimonials. If this happens, we will update this Walker Capital review accordingly.
They say they can provide audited trading results. We’re actually interested in seeing the audited trading results. We are also concerned with the slow response rate in their support department.
Also, being that this is a new managed Forex account service from Australia, we’d like to wait a little bit until the uncertainty has cleared. Then we can decide whether or not to recommend it.
And of course if you have a comment, drop it here. Thanks for reading the Walker Capital Australia review. You might want to read a review of managed Forex Ltd as well.