on your own vs opening up a managed account. Not only do you need to take precaution when choosing your money manager, but also in the type of account thats suitable for your needs. Once you have completed the steps above you are ready to select a forex trader to manage your account. This service is fully transparent to our clients. Now, you can analyze your account and even learn from the trades that are being made. Usually, account management fees are taken monthly and only on profits earned in that month.
We Work With Over 100 Forex Brokers. Provide Us with Trade Only Access. These managed Forex trading accounts have been found to be trustworthy and respected in the industry. They dont advertise outrageous returns and have strict money management strategies. A managed forex account is where a professional trader /money manager manages the trading on the clients behalf.
Portfolio allocation management module :-, forex trading is not about how intelligent you trade, it is the matter of how safe you trade. Now, if a money manager does not have any control over the investors money, how can they conduct trades? We place stop loss for every single trade, our mission is to protect your trading capital. As with all such advisory services, past results are never a guarantee of future results. Here are our Top 3 reasons why you should use our services: Extensive Trading Experience. They dont advertise outrageous returns and have strict money management strategies. A great deal of research and client testimonials will be beneficial when going this route. These account methods are relatively new in comparison with the other two listed here, and offer the satisfaction of dealing directly with the broker of your choice in a secure and transparent way. They have multiple different types of programs from low risk stable funds to more aggressive strategies. Let the experts do the trading. The maximum permitted draw-down is 30.
2018 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total -21.26.67 -10.59.76.72 -03.12.25 -05.13 -06.33.62 0.59 2017 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total -184.108.40.206.62. Now the mark up for this account stands at 10600. In fact, its been around for as long as investing. You're bound to find trades that fits your trading style or system. So to sum it up, trading yourself if you are a beginner vs having a managed account?