Aeir Capital is a Forex managed account service promising 100% automated trading, a 2.45% drawdown and an average 1500+ pips per month. These are certainly impressive numbers, which is why it’s very important that we provide a complete review and let you know if you should expect those numbers if you decide to join. We will analyze their trading strategy, their performance numbers and anything else we feel is important in determining the viability of this service.
The creators of this managed account service claim to be “made up of 5 analysts, 3 senior traders and 4 supporting staff members.” This is all well and good, but they do not introduce us to any of these “professional traders” so we can’t verify their trading history or reputations in the Forex marketplace. When dealing with the service of this nature, the analysts are the most important part, so the vendor should certainly be more transparent about who they are.
The vendor provides no address, but traders can get in touch with support by filling out a contact form on their website.
Aeir Capital Review
The Aeir Capital team advertise their managed account service as Forex Asset Management. They aim to focus on delivering high returns and keeping risk levels low, which is difficult in the Forex market but possible due to their experience. In addition, they promise 3 unique aspects that other managed account services fail to provide.
- Traders can select their own broker
- Traders only pay performance fees on returns
- Traders can withdraw from the fund at any time
The vendors feel that this level of freedom is something that all Forex managed accounts should provide, because the client always comes first. They also offer management customization so that traders can connect multiple accounts, maintain control over their accounts, and customize the lot size being traded.
In terms of strategy, the Aeir Capital team claim to “use simple analysis strategies that have been proven in the market for decades and combine it with proper management and psychology of trading.” This vague statement is about as deep as they go, which doesn’t exactly meet our expectations. We were hoping to see much more information about their methodology, especially considering we have no idea who the trade analysts are.
The only other strategic elements mentioned are that the team doesn’t rely on robots are indicators and that they focus on proper setups, so they don’t trade often.
- Type: Forex managed account
- Price: $15/month + 30%
- Strategy: Undisclosed
- Results: Myfxbook
Traders interested in utilizing the Aeir Capital managed account service are required to pay $15 per month for a VPS, and then an additional 30% performance fee on all winnings. This pricing structure it is in line with most other Forex managed account services and is perfectly acceptable as long as you are winning.
So, let’s dig into the trading results and determine whether or not they are likely to win for you.
The Aeir Capital team make a lot of promises, including a 70-140% average annual gain, a 2.45% drawdown, and over 1500 pips per month. They attempt to verify these claims with a single Myfxbook account.
This Myfxbook account is showing a 26.84% gain, a 2.45% drawdown over the course of a month from October 28th 2019, to November 22nd, 2019. The vendors do tell us that they don’t trade often, but there last trade came nearly two motnhs ago, which is a very long time to wait for any managed account service.
While the numbers are impressive, the sample size is less than a month, and the vendors are doing a fair amount of prorating based on these numbers. It really doesn’t seem logical or fair to assume that this service can hit over 1500 pips a month or a 70-140% average annual gain, based on the performance of less than a month.
There are certainly positives to the Aeir Capital service, including their accessibility and ability to customize lot sizes, but we don’t feel it’s ready for the market. The vendor provides little to no strategy insight, an extremely short sample size of trading results and don’t introduce us to any of their trade analysts. All of these aspects need to be reviewed by the vendor and then rectified if they would like our seal of approval.
If you have anything you want to add to the review, please leave your questions and remarks below the article now.
Aeir Capital $15/Month + 30%
- Client Feedback
- Customer Support
Aeir Capital is a promising managed account service, but they appear to be losing in recent market conditions.
Works with all brokers
Short term results
No strategy insight
No introduction to analysts