In a statement today, TEFS, a Seychelles based private investment firm, made several announcements that were defined as “new and exciting”. The statement is intended for Providers* who trade TEFS’s funds using the TEFS trading platform.

The following improvements and adjustments were made by TEFS in order to enhance its providers success rate.

1.        ‘Elite Providers’ Get up to 50% Additional Account Value

TEFS coined a new term: Elite Providers. Elite Providers are exceptionally profitable individuals who use TEFS’s platform skillfully and efficiently. Elite Providers are those who consistently generate profits, and benefit TEFS investment efforts, usually with a higher coverage level.

In order to enhance the productivity of its most successful providers and the sub accounts traded by them TEFS will allocate these sub-accounts, with an additional account value of up to 50%. For example, a sub-account with an account value of $240,000 could receive up to an additional $120,000.

2.        $3,500 Daily Drawdown Limit - Cancelled

For the past months TEFS has encouraged its providers to trade responsibly, and make sure that they have a hard-daily drawdown limit at under $3500. Daily drawdown limits create a barrier that stops providers from losing an excessive amount on any given trading day.

Now that TEFS has noted that most of its providers have implemented a personal daily drawdown limit by themselves, and following last month’s lower sub-accounts trading risk warnings across the board, TEFS has announced that its providers will not have a daily drawdown limit set automatically.

TEFS will cancel the automatic daily drawdown limit. However, Providers are still encouraged by TEFS to set up a hard loss limit manually, if they have not yet done so.

3.         TEFS Releases First Glimpse of State-of-the-Art Platform

TEFS has always been one step ahead of the markets. In order to ensure that ongoing commitment, TEFS will implement one of the most advanced, state-of-the-art trading platforms.

Below is a first glimpse of the world-class platform experience that TEFS is currently testing. The new platform will provide a trading experience like never before. The speed and durability of the new TEFS trading platform, which will soon be available on both for Apple’s (NASDAQ: AAPL) iOS and Microsoft (NASDAQ: MSFT) Windows, allows providers to work on several charts simultaneously, without affecting the trading speed or the system’s functionality.

The newly designed graphic interface will make it all that easy to follow charts and add multiple layers of add-ons and tools. In addition, some of the most advanced features such as on-chart-trading, advanced market depth, advanced orders and several additional features will be available in the new platform. The full platform manual will be released in the following months.

*TEFS does not provide any sort of brokerage services.

*TEFS’s Providers cannot invest or deposit their funds in or to the company in any way or method.

The following screen captures are just a taste of the advanced platform.
 

View of multiple charts on a single grid

Chart Trading - Place orders directly on chart

Enter multiple orders at once

Level II data interface