Fact sheet on managed accounts Forex
forexEn trader - trading , it is sometimes difficult for an individual to make a profit over the long term . This is not impossible , but to achieve this, we must often spend a lot of time to understand how the market works , train in demonstration mode , set up a trading plan and possibly understand their mistakes, so that, in the long term , save money.
However, all investors can not devote much time to trading, hence the interest , sometimes to fall back on managed accounts .
How managed accounts work?
Managed accounts are part of the so-called alternative management .
The operation is simple, you open an account with a broker and a team of professional traders deal to send orders to you.
Two strategies are usually offered : either your money is handled automatically by robots , or he is on a discretionary basis , that is to say, managed by a professional trader.
The minimum initial investment amount is usually of the order of 10 000 euros .
What are the benefits of managed accounts ?
The advantages of this system are numerous .
First, if you are not an expert in finance, counted managed can help you diversify your investments , including forex. For those familiar with the market , it will save you a lot of time and you also take a great deal of stress , the famous " stress the trader ."
Finally, the performance offered by the broker can be much higher than the performance of a trader "amateur" .
What are the disadvantages of managed accounts ?
Of course , this type of formula is not free .
Commissions between 10 and 40 % of profits are usually levied .
Other fees may also be added , including when withdrawing money .
Do not expect all the same performance of 50 % per month ! Beyond 15-20% , beware . The capital is generally not guaranteed, you can completely lose the money invested.
Be vigilant to the leverage used and the maximum drawdown .
Last precaution : transparency .
You must have 24/24H access to your account and check the status and power as well as the open positions.
Managed accounts can sometimes be interesting , however we must be extremely careful. Many sites or pseudo- brokers offer yields of around 50 - 100 or even 150 % or more , shun them! Be especially careful who you give your money, make sure you include it self regulated with the relevant authorities , because otherwise you will be very little recourse in cases of fraud .
Pamm The opinion of the editorial :
As we have stated previously, should be particularly careful if you decide to open a managed account and better to avoid pseudo- account managers flock to specialized forums to offer their services , then they have no approvals from the competent authorities .
After contact with several Forex brokers and tried several types of accounts managed advises IAG broker offers a managed account automated through the use of an EA, and is available from 10,000 euros .
It should , of course, before opening a managed account with GCI Forex broker or another , to be well informed about the risks involved , potential returns and investment choices of the selected broker.
We recall that the trading in the forex market involves very high risk and it does not match all investors .
forexEn trader - trading , it is sometimes difficult for an individual to make a profit over the long term . This is not impossible , but to achieve this, we must often spend a lot of time to understand how the market works , train in demonstration mode , set up a trading plan and possibly understand their mistakes, so that, in the long term , save money.
However, all investors can not devote much time to trading, hence the interest , sometimes to fall back on managed accounts .
How managed accounts work?
Managed accounts are part of the so-called alternative management .
The operation is simple, you open an account with a broker and a team of professional traders deal to send orders to you.
Two strategies are usually offered : either your money is handled automatically by robots , or he is on a discretionary basis , that is to say, managed by a professional trader.
The minimum initial investment amount is usually of the order of 10 000 euros .
What are the benefits of managed accounts ?
The advantages of this system are numerous .
First, if you are not an expert in finance, counted managed can help you diversify your investments , including forex. For those familiar with the market , it will save you a lot of time and you also take a great deal of stress , the famous " stress the trader ."
Finally, the performance offered by the broker can be much higher than the performance of a trader "amateur" .
What are the disadvantages of managed accounts ?
Of course , this type of formula is not free .
Commissions between 10 and 40 % of profits are usually levied .
Other fees may also be added , including when withdrawing money .
Do not expect all the same performance of 50 % per month ! Beyond 15-20% , beware . The capital is generally not guaranteed, you can completely lose the money invested.
Be vigilant to the leverage used and the maximum drawdown .
Last precaution : transparency .
You must have 24/24H access to your account and check the status and power as well as the open positions.
Managed accounts can sometimes be interesting , however we must be extremely careful. Many sites or pseudo- brokers offer yields of around 50 - 100 or even 150 % or more , shun them! Be especially careful who you give your money, make sure you include it self regulated with the relevant authorities , because otherwise you will be very little recourse in cases of fraud .
Pamm The opinion of the editorial :
As we have stated previously, should be particularly careful if you decide to open a managed account and better to avoid pseudo- account managers flock to specialized forums to offer their services , then they have no approvals from the competent authorities .
After contact with several Forex brokers and tried several types of accounts managed advises IAG broker offers a managed account automated through the use of an EA, and is available from 10,000 euros .
It should , of course, before opening a managed account with GCI Forex broker or another , to be well informed about the risks involved , potential returns and investment choices of the selected broker.
We recall that the trading in the forex market involves very high risk and it does not match all investors .
