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New Millennium, inc

Forex and Commodity Trading Services


Managed+FX+Scalper+Account

Discontinued

NMi no longer offers this account type.

When we did, it employed intraday scalping based strategies in the Forex market. At times, manual intervention was employed to limit downside and increase returns. You could bet that most days would see short term trades. These systems aim to be flat to the market every day although sometimes trades will extend over 24 hours, but are almost without exception closed within 48 hours.

Here are NMi’s managed-account trading results for the DISCONTINUED NMi Managed FX Scalper Account, while it was being offered.

month year ROI
March 2009 9.94%
April 2009 18.3%
May 2009 -0.7%
June 2009 0.91%
July 2009 0.61%
August 2009 11.79%
September 2009 2.46%
October 2009 -3.21%
November 2009 -3.73%
MNTHL AVG 4.4%

Lifetime monthly average return on deposit: 2.80%2.


  1. March Trading from 17th onwards. 

  2. Results are calculated based on end of month balance on deposit, excluding management fee of 20% on profits only. $10,000 USD minimum and $250 trading software and setup fee required to open a Managed FX Scalper Account. March results onwards represent average return achieved across all managed accounts at Alpari (UK). 

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