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Managed Funds

WFL Managed Funds conduct series of tests on auto-trading systems to identify consistent profitable systems which are capable of surviving all market conditions. Our ultimate goal is to ensure that every client is thoroughly satisfied with the progress of their managed portfolios.

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Sponsored EA Test

We conduct research and develop potential EAs but our funding is limited. Whenever, we have identified potential EAs in the demo tests, we will invite sponsors for real tests.

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Managed Accounts

We conduct serious testing in order to identify consistent profitable trading systems which have good potential. Our ultimate goal is to ensure that traders following us are thoroughly satisfied with the progress of their managed portfolios.

Under the managed accounts / PAMM arrangement, trader needs to open an account with GoMarkets Pty Ltd (our recommended broker) or their preferred broker. Afterwards, he/she needs to sign a Limited Power of Attorney (“LPOA”) or PAMM agreement authorizing us to trade the account on their behalf.

Please note that, under both arrangements, the brokers do not accept third party transfer of funds. This means that we cannot under any circumstances, withdraw or deposit funds into traders' trading accounts. Therefore, we cannot be granted access to move your capital/funds to or from your account.

We do not charge our client any other fees aside the Performance Fee which is calculated based on the once-a-month profit derived in the managed / PAMM account. The fee is due for payment by the end of every month. No performance fee will be charged if no profit derived in the month.

Traders who are interested in having their accounts managed are invited to subscribe our managed account / PAMM service.

Setting Up Managed Accounts

1. Apply to open a live trading account with GoMarkets Pty Ltd (our recommended broker) via this link: http://www.gomarketsaus.com. Alternatively, you can open the account with your preferred broker.

2. Print, sign and email scanned copies of our Terms of Service and LPOA to: This e-mail address is being protected from spambots. You need JavaScript enabled to view it (for broker other than GoMarket, you will need to request for the LPOA for completion). This is required by the broker which shows you authorize us to trade the account on your behalf.

3. Fund your account with the suggested minmium capital (if any) or more and send the login details to us.

After you complete the above steps, we’ll immediately begin trading your account while you monitor its progress from your end.

Setting Up PAMM Accounts

(Will be available soon....)

Systems' Performances

Please visit our EA Lab section for the details and live performanace of our trading systems.

Disclaimer: The risk of loss in trading foreign exchange (forex) can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in forex trading can work against you as well for you. The use of leverage can lead to large losses as well as gains. Forex trading offers large potential rewards, but also large potential risk. You must be aware of the risk and be willing to accept them in order to invest in the Forex market. Don`t trade with money you cannot afford to lose. Wallace Forex Lab (WFL) works hard to introduce visitors with LOW RISK/HIGH REWARD automatic Systems. But you should also understand that there is nothing like a "Holy Grail" and no single system is perfect. By trading with the automatic systems (Expert Advisors) introduced on WFL’s website, you agree to hold WFL free of any responsibility or liability for any losses sustained while trading with live funds. Any live trading that you do, you do so at your own risk and discretion. Forex is a risky business. You can lose large sums of money by taking the risk of trading in the live market. WFL shall not be held responsible for any losses that you might incur during any trades. This is neither a solicitation nor an offer to Buy/Sell currencies, futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed verbally or written on any literature by WFL. The past performance of any trading system/strategy or methodology is not necessarily indicative of future results. No guarantee is made that you will be able to replicate the same results. WFL is not associated with any forex broker firm. WFL should not hold any responsibility for any losses caused by the broker firm(s).