Overview of Managed Forex Accounts
Managed Forex accounts are a great way for novice and experienced investors to jump into the fast pace world of forex trading. A managed forex account proves advantageous when using a highly regulated broker and industry trading experts. Regulated brokers earn their compliance and trust through AAA Rating – the highest creditworthiness with Soliditet/Dun & Bradstreet) or listed NYSE, registered Futures Commission Merchant with the U.S. Commodity Futures Trading Commission, or a member of the National Futures Association. Forex trading professionals are those who are transparent with their performance records, monitored over a lengthy time period, and continue to be tracked accordingly. With managed currency accounts, there are experienced and knowledgeable professionals behind the wheel and endow you a fairly safe and secure FOREX portfolio.
Managed Forex trading accounts are either managed by a company or a single professional. They are an excellent alternative for individuals who want to invest in Forex trading, but don’t necessarily have the time to learn or develop this skill-set. Managed accounts require minimal investment ($5k to $10k) without major involvement or risk factors. You are empowered with the opportunity to fund, withdraw, monitor transactions, or close your managed account at any time. The management company only gets paid a small performance fee when your account profits at a high-watermark level.
There is tremendous work finding the best managed currency accounts. You must research, verify performance records, and take time communicating your concerns with the management company. For the most part, the process of setting up with a Managed Forex account is simple and hassle free.
Processing your request, Please wait....
