FAQs

FAQs

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Is Enigma Strategy a Discretionary Fund Manager (DFM)?

Enigma Strategy is a Discretionary Investment Manager for both Securities & Deriviatives. We manage & control "Funds" however we do not hold our client's funds. We appoint custodians (brokers) who segregate our client funds  

Can Enigma advise me on Deriviatives?

Enigma does not give advice on Derivatives (CFDs, Futures, Options), we are a CFD, Futures, Options & Securities investment manager, and have the discretion to act on behalf of our clients. We are able however to provide Securities advice 

How can you verify Enigma Strategy is regulated by the Financial Conduct Authority (FCA)

Please find our FCA profile page here

How do you decide what strategy providers are available on your platform

We have a strict due diligence questionnaire, that allows us to validate the strategy providers we work with  

How do I become a strategy provider

More information about becoming a strategy provider can be found here 

Do I need to be an experienced trader to use the Enigma Strategy copy trading service?

Enigma Strategy will perform an assessment & suitability (within our application form) to ensure our services are suitable for you 

Does Enigma offer "model portfolios"

In short yes we do. We provide a range of model portfolios depending on our clients risk appetite & suitability 

How do I see a strategy provider's performance report on Enigma Strategy?

We provide analytic tools on request via independent third party providers (where possible) for complete transparency. This demonstrates our willingness to provide our customers with complete transparency in who we aim to build trust and create long-term relationships. 

What broker should I choose?

We work with a select number of brokers who are regulated. You will need to complete our application form. If approved we will email you an application list detailing our preferred brokers.

Can Enigma Strategy work with any broker?

The short answer is No. Broker performance varies significantly depending on a broker's regulation, spreads and reputation. We recommend trading with brokers we use, which ensures we can monitor the broker's performance, and assist you with broker related queries.

Will my account follow every trade the strategy executes?

Please note all trades being executed in accordance with the copy trading is subject to your account size. Due to the risky nature of copy trading, strategies will not trade when the account hits a certain margin. This may result in the performance differing, from the strategy providers fact sheet provide 

What is Equity and Balance

Balance Growth and Equity Growth are different. Growth relates to total balance (including drawdowns) Equity Growth relates to the balance available for withdrawal.

RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 66%-73% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.