Stonehenge Capital Management, LLC Managed accounts are discretionary managed accounts; this means that the account and funds remain in your name with a third party Bank or Broker.
With your approval, we place trades based upon our unique trading model directly onto your account.
Your money remains deposited with a third party Bank or Broker. We cannot and will not accept custody of your funds or securities. We have negotiated competitive spreads on all trades with our counter parties so the account is not hindered by excessive dealing costs. All you need to do is open an account at one of the banks or brokerage firms that we work with and grant Stonehenge a Limited Power of Attorney. The Limited Power of Attorney allows us to trade your funds but prevents us from adding or taking funds from your account.
Trading in foreign exchange carries a high level of risk and may not be suitable for all investors and there is a possibility that one could sustain a loss of all of their investment. Therefore, assets placed under management should be risk capital funds that if lost will not significantly affect one's personal financial well being. Forex trading is conducted off-exchange.