A CPF account with Al-Shuaib unarguably offers traders a unique investment opportunity of 99% capital guarantee along with fixed earnings every month. It is a safe and convenient option for all individuals/ corporations.
Capital protected FX is the latest introduction to the market where other products have reached saturation levels. Like a normal trading account a CPF account with us also allows you the scope and potential to diversify your investment portfolio and make profits through trading.
Currency markets are a volatile and risky investment avenue due to which risk-averse investors prefer to park their money in relatively safer trades. Opening a CPF account can be the best choice for less enterprising traders who want to safeguard their capital against the downside risk and participate in the forex market at the same time.
Any individual or corporate firm belonging to any nationality is eligible to open a CPF account, provided they are residents of Kuwait and comply with the age-related requirement of being over 18 years of age.
Capital invested = 99% protected and returned on maturity (in compliance with Sharia norms)
FX Trading= Trade in the FX market, earn over and above your capital fund
Al-Shuaib has introduced a unique kind of investment in the Foreign Exchange Market via which you can trade knowing that your invested capital is safe and protected. You can now access the largest financial market in the world with full confidence and without the fear of losing your invested capital. You trade with the bonus value created when you open an account and make your initial deposit. For getting started with a CPF account you require an initial deposit of $50000. Even if you should decide that you don’t want to trade in the forex market you can still earn a return on your invested capital.
Let us now talk at length about the CPF Tradable and the CPF Non-Tradable accounts:
A CPF trading account has all the features as that of a normal FX Trading account and brokerage charges apply too. Clients can fund their trading account and there is no additional leverage if a customer deposits funds for trading in this type of account. A minimum of 250 lots are traded for every $50000 or the amount proportionate to it, depending on the capital sum. The minimum lots need to be traded in the tenure of 18 months in order to be eligible for 18% bonus i.e. 1% per month on fixed capital. Or else the bonus amount will get reduced to 12% for 18 months i.e. 8% per annum. Clients get access to an additional collateral amount of up to 25% and there is a lock-in period of 18 months for the capital. The bonus amount cannot be withdrawn till maturity. In case of a withdrawal before the specified period early withdrawal charges of 10% from the capital plus the bonus amount credited and other debits if any will be applicable. During a trade if the client makes profit he can withdraw the extra profit earned excluding the 18%. If the customer loses any money, the losses will be recovered from his initial investment.
In a CPF non-trading account a customer wishes to park the capital amount and does not want to trade. In such a type of account a bonus amount of 12% for 18 months can be earned with a lock-in period-18 months. The bonus amount to the linked account can be withdrawn either on a monthly basis or at the end of the period of 18 months all at once. A client can convert a non-operative trading account to a trading account by signing a one paper agreement.In case of premature withdrawals 10% from the capital in addition to the bonus amount credited and other deductions if any will be levied.