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Screenshot of a breaking news alert e-mail from Q2 2017
LeapRate Exclusive… LeapRate has learned that popular currencies research analyst Marshall Gittler has gone live with his new venture, an app-based FX signals provider called ACLS Global. Mr. Gittler’s partner in the venture is (less well known) FX trader and analyst Varkuti Geza, who most recently worked with Mr. Gittler at Cyprus based Retail FX broker FXPrimus.
Marshall Gittler and his ever present bow tie has been a mainstay on Bloomberg TV and YouTube with daily video summaries of his currency calls. He was most recently Head of Investment Research for FXPrimus, joining them in 2015 and leaving earlier this year, which followed a three year stint at IronFX. The well-traveled Mr. Gittler has also worked in Geneva, Hong Kong and Tokyo for firms including Merrill Lynch, SBC Warburg, Bank of America, Deutsche Bank, and Bank of China.
Mr. Gittler’s new venture, which just went live at aclsglobal.com, provides market information to FX traders who want to achieve an edge in the market. ACLS Global combines professional-level fundamental analysis with sophisticated algorithmic signals in a wide variety of currency pairs and time frames. In addition, they are building an online video school to teach traders about the FX market. ACLS Global currently has nearly 40 training videos uploaded to their YouTube channel, with the number planned to increase regularly.
Subscribers to the company’s signals automatically receive Marshall’s research, although it is possible to subscribe to the research alone.
The business model is fairly simple, with ACLS charging its clients only for winning signals. Instead of a monthly fee, clients deposit money (minimum EUR 20) with ACLS. (Note that this isn’t the clients’s capital for trading. ACLS is broker-independent, and does not support nor affiliate with any broker. The actual trades will occur at each client’s individual broker). ACLS tracks each of its signals until the trade is closed. If the trade made money, just a small amount is deducted from the client’s deposit. If it doesn’t make money, ACLS doesn’t deduct anything providing a win-win proposition for ACLS and its clients.
ACLS clients need to download the company’s app, which is available to date just on Google Play, for Android devices.
It would be wrong to leave our readers without a Marshall Gittler video, so here he is explaining a little more about ACLS and how it works.