What a promise like 3% a day would mean

Type a promise such as 3% a day, or the numbers from a screenshot, and see the arithmetic behind it. Then look the platform up in our copy of the CMA Kenya register.

01The promise

The promise, as it was sent to you

02Worked examples

What 1% a day would mean

1% every day, if it really happened without one loss, would add up to 3 678% over a year. That means 365 gains in a row, every day, and not one losing day. If the claim held all year, 100 would become 3 778. This is only the arithmetic of the promise, not a result for any real account.

What 3% a day would mean

3% every day, if it really happened without one loss, would add up to 4 848 172% over a year. That means 365 gains in a row, every day, and not one losing day. If the claim held all year, 100 would become more than a million. This is only the arithmetic of the promise, not a result for any real account.

What 10% a week would mean

10% every week, if it really happened without one loss, would add up to 14 299% over a year. That means 53 gains in a row, every week, and not one losing week. If the claim held all year, 100 would become 14 399. This is only the arithmetic of the promise, not a result for any real account.

What 20% a month would mean

20% every month, if it really happened without one loss, would add up to 819% over a year. That means 13 gains in a row, every month, and not one losing month. If the claim held all year, 100 would become 919. This is only the arithmetic of the promise, not a result for any real account.

What 100% a week would mean

100% every week, if it really happened without one loss, would add up to more than a hundred million percent over a year. That means 53 gains in a row, every week, and not one losing week. If the claim held all year, 100 would become more than a million. This is only the arithmetic of the promise, not a result for any real account.

What 5% a month would mean

5% every month, if it really happened without one loss, would add up to 81.1% over a year. That means 13 gains in a row, every month, and not one losing month. If the claim held all year, 100 would become 181. This is only the arithmetic of the promise, not a result for any real account.

03One risk setting, 100 trades

Pick the risk per trade as a share of the account, then how many trades out of 100 close in profit. A simple model runs 100 trades on that setting and shows how an imaginary account changes. A model, not a prediction.

Risk per trade Trades that close in profit

04Is it on the CMA Kenya register?

Platform name, as written on its website

05What a screenshot cannot show

Whose account this is, and whether the money is real or practice
The losses before and after this screenshot
Whether a withdrawal ever happened

Three questions to ask the sender

1. Which platform is this, and what is its licence number?
2. Is this real money or a practice account?
3. Can you show a withdrawal to a bank or mobile money, with the date?