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Valuable Information On Forex Managed Account For An Aspirant Investor
A forex managed account is a type of account which is looked after by a hired money manager but in reality it is owned by the individual investor. When compared to mutual funds, managed accounts are customized investment portfolios which are tailored to the particular needs of the account holder. They give the investors ability and freedom to perform what they desire with the investments within the portfolio. Any decision which the money manager takes is based on the goals and objectives of the individual investor.
This is a trading account in the name of client which is opened at the brokerage company. These resemble that of the ordinary trading accounts which have only one holder who is called the client. However the client himself does not trade and leaves things to be managed by the money manager who is entitled to a fee which is calculated on the profits made every month. Trading takes place at the Forex market which is the simultaneous purchasing and selling of the currency amid the banks all around the world.
Why opt for a forex managed account?
• Trader’s money gets deposited in his own ...
... account at a synchronized brokerage and he is the only one who can operate the account.
• Trader’s capital is at synchronized brokerages and they are separated from the ones which are deposited in banks or the brokerage funds.
• Fair profit sharing and low minimum deposits.
• The clients can diversify the money amid more Forex traders and create their own portfolio.
• The professional money managers charge only the performance fee when the clients make profit.
• They follow a professional and stern approach.
• No fixed fee is charged in the beginning or the end.
• The key to accumulation of profits and successful trading are the excellent traders or professionals who look after and manage the accounts on behalf of the clients.
• Specialized money management techniques are adopted for a forex managed account.
• If the professionals reach the pre-defined stop trading level, they put hold on trading. They follow minimal risk policy.
• Access to account 24x7 so that the clients can know what the traders are doing in their accounts. Hence transparency of accounts.
• Professionals have an objective of protecting your money so they adopt strict money management techniques.
It is worth noticing that such managed accounts are not fixed term accounts and it does not bind the client to any fixed period. He has full right to withdraw his money and the monthly profit which he makes on a forex managed account. The best part of these accounts is their risk and operational rigor required. These accounts require excellent process safeguards which are concerned with the valuation and reconciliation besides risk analytics.
The brokerage agencies focus on offering independent services, integrated risk analytics on regular basis and reporting tools. The demand of such accounts has increased because of the increasing interest of the investors in the portfolio transparency and greater capital control which these accounts offer.
Andrew Mark is a veteran foreign exchange broker and puts emphasis on a forex managed account for excellent results in the trading market. His website offers valuable information on managed accounts and helps you set up one quickly. Let an expert manage your account today! For more Information visit us at:- http://www.managedaccountforex.org/
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