Are you new to Forex trading or haven't got the time or patience to learn the overwhelming amount of information and trading terms? Well a Forex managed account may well be the way forward for you. Even if you are a seasoned trader, this could be for you. The returns are nothing short of breathtaking when you compare them to the better known investment vehicles such as bank savings accounts and life insurance.
The beauty of a Forex managed account is that once it is set up, you simply let the traders do the rest and watch the money roll in. Sounds too good to be true?
Well it isn't.
The Forex market is by far the largest financial market on the planet. An account managed by professional traders enables the ordinary investor an opportunity to participate in this massive market and achieve massive returns that at one time, only very rich investors could secure.
There are many questions so I have below the main elements of a Forex managed account.
• The account is held and controlled by the member (you). It is normally in your name unless you choose otherwise. The member can deposit additional amounts and withdraw from their capital and profits whenever they like. Depending on the service, a minimum account balance is required so that the traders can continue trading.
• Although the traders place the trades for you, you the investor can view in read-only mode, your managed account at any time and monitor all activity and funds within your account.
• The trader cannot withdraw any funds from your account, they can only trade on your account.
• The main objectives of the professional traders are to minimize the risk to your capital whilst maximizing growth to your capital amount.
• The investor can close their account at any stage as long as there are no trades in progress all positions are closed.
• The trader makes his money by having a share of your profits, typically 25% to 30%.
The Forex market is massive. It is about fifty times larger than the New York Stock Exchange (NYSE). It can be traded 24 hours a day because it is traded globally. Because it is so massive, it is less likely to be manipulated than the stock market. High leverage enables the trader to make greater gains on a smaller investment on your Forex managed account. It is possible to make money in any market, whether it be bullish, bearish or sideways.
If you are serious about getting started in the Forex market and want to make money immediately, without all of the hassle of having to do all of the donkey work, you will definitely want to check out a Forex managed account.
One that I am a member of that you may be interested in that has produced an average of 10% per month for the last four years is ProphetMax Managed FX
No comments:
Post a Comment