What Is A Forex Managed Account

A Forex Managed Account is designed in a way that professional and experienced Forex traders manage your trading account for you. Professionals attempt to capture profits from the Foreign Exchange Market and make the best trading decisions for the account holder. The account manager which is designated to your account specialises in Forex investing and Forex managed funds. Individual accounts are issued with a money manager, who trades in Forex on the trader’s behalf. It is the third option available to traders wanting to participate in investing in the Foreign Exchange Market, rather than the other options of a standard Forex account or a mini Forex account. Managed Forex Accounts ensure significant annual returns. Traders can invest in a variety of different currency markets without making trading decisions themselves. Managed Accounts are established by back-tested strategies. They involve systems which are based on evidence of profits and returns. Traders with a Forex Managed Account can check their performance by tracking their investments and receiving daily online reports. Managed Accounts use a variety of different strategies to maintain good performance. For example, Speculative Sentiment Index Data.

Forex Managed Accounts are ideal for long term investments. Managed Accounts are popular for investors with substantial risk capital. Forex Managed accounts are also beneficial for investors who lack time or knowledge with trading the Forex. Many traders do not have the time to conduct their own Forex research and others find it difficult to carry out this investigating. Some traders who lack experience or knowledge often lack confidence in their own trading decisions but still recognise potential in the Forex market. The account manager handles market research, risk management, opening and closing trades and general account management. You can pay for a Forex Managed account by an upfront fee and with ongoing management fees. It is responsible for traders to research costs, reputation and history before entering into Forex Managed Accounts.

Another attraction of a Forex Managed Account is that you have the option to cover costs by a percentage of profits. Ultimately, the account manager is paid only when a profit is made. For example, your account may be totalled at £10,000, the account manager makes 10% profit, $1000. If you agree to pay him a percentage of 30% for the profits that are successfully met, then the account manager would receive $300. This reassures traders that account mangers will aim to achieve the highest amount of profits. The main differences between a Forex Managed Account and a standard  is in terms of responsibility. With a standard Forex Trading Account you are responsible for the management of your account. For example you are responsible for setting up the account, for maintenance and for monitoring trading activity. With a Forex Trading account the Forex account manager is in charge of all of these things.

Risk warning: Spreadbetting, CFD trading and Forex are leveraged. This means they can result in losses exceeding your original deposit. Ensure you understand the risks, seek independent financial advice if necessary. The value of shares and the income from them may go down as well as up. Nothing on this website constitutes a solicitation or recommendation to enter into any security or investment. 

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