No. You retain full control over your trading account at all times. The LPOA only allows the fund manager to place and close trades according to their agreed trading strategy or policy.
You can still:
- Deposit or withdraw funds whenever you wish.
- View all trading activity in real time through your trading platform (MT4).
- Terminate the LPOA at any time by notifying ACY Securities.
The fund manager cannot access or withdraw funds from your trading account.
Only you, as the account holder, have the authority to make deposits or withdrawals. This ensures your capital always remains under your direct control.
The LPOA is a key part of any professional fund management arrangement. It allows your chosen fund manager to trade on your behalf while ensuring that you, as the investor, maintain full ownership and control over your account and funds at all times.