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Showing posts with the label Volo Capital

What is a Currency Market Fund

In a Currency Market Fund, you deposit money and they trade it for you -- at the core, it's basically a day trading service. Since it is a Currency fund, they trade currencies (e.g., cryptocurrencies). They keep some of the profits but you get most of it. In the case of Volo Capital , the minimum deposit is 10,000 USD, the profit share is 70% to you, and they automatically deposit all accumulated profits weekly. I call it a "deposit" because unlike most investments, your money is not locked in. At any time you can ask them to stop trading with some or all of it and just take out what you want. They have a four-year positive-returns track record. Recent returns were: Jan 2022: +10% Feb 2022: +9% Target return is +7 to +13% per month. Minimum investment is 10,000 USD (approximately 13,000 CAD at the moment) No TFSA/RRSP Profits deposited weekly. I put in 10,000 USD in their Ethereum (ETHUSD) trading fund, and my first day of trades was 2022-Feb-25. You can see in less than...