Trading forex with the help of forex managed account has become way easier than trading it on your own. The risk of loss has also reduced remarkably since forex managed accounts are managed by expert forex traders having years of experience and expertise in the same field. However, since the forex market has almost been overcrowded by hundreds and thousands of brokers and fund management companies, you need to be very careful while selecting a company offering forex managed account services. In this piece, we discuss how to open a forex managed account and how to locate a reliable company offering best forex managed account services.
Before we go further, let us recall a little about the forex world so you may know why it is important to subscribe forex managed account services instead of getting involved in the forex personally especially when you have no or little knowledge of the forex market. The forex market is known to be the world’s most volatile market. It has a daily trading volume of more than 5.2 trillion dollars. With such high liquidity levels, it is very unlikely for a trader to survive the market unless he/she doesn’t have a sound market knowledge and hands-on trading experience. That’s why it is always suggested to novice traders to first gain some experience before investing in the forex or use forex managed account services otherwise.
How To Open A Forex Managed Account?
Opening a forex managed account is simple, you need to locate a company providing forex managed account services. It may require you to deposit a certain amount with the company’s designated broker to get started. A contract concerning the terms and conditions in place in respect of forex managed accounts may also need to be signed. Investors are required to share their MT4/MT5 login credentials with the company offering forex managed account services for trading purposes. Always make sure that the company you have finally selected for opening a forex managed account is legitimate.
How To Locate A Company Offering Best Forex Managed Account Services?
As mentioned above, locating a reliable company to open a forex managed account can be a hectic task at times, however using search engines online can reduce your stress. Just enter your keywords in the search bar of your search engine and hundreds and thousands of links will get displayed representing various good and bad companies offering forex managed account services. Remember, the google rating is often based on the quality of content of a website and not on the regulatory measures. Therefore, you need to double check the company’s regulation status before investing in it. A company offering reliable forex managed account services is supposed to be regulated such as forex92.
What Is Forex92? Does It Offer Forex Managed Account Services?
Forex92 is a finance-oriented investment management company that offers forex managed account services together with an opportunity to invest in digital assets. The company was established in 2014 and is headquartered in Limassol, Cyprus. The company has a large clientele base in almost all parts of the world excluding China. Forex92 works with regulated brokers of the world to ensure the maximum security of clients’ investment. It has a team of professional forex traders and financial analysts having proven trading experience and expertise in the forex. The company follows risk-averse trading strategies and doesn’t incorporate a risk of more than 2% to 3% of the total investment of a client. It offers consistent monthly returns that vary from 12% to 25%.
How Forex92’ Forex Managed Account Services Work?
After an account is opened with a company and deposits are done, the company makes its most experienced money managers start managing clients’ investment. Accounts of clients with zero risk tolerance are operated with extra care. The company’s professional trading expert defines a trading strategy as per the prevailing market conditions and places trade following most profitable opportunities. The profit keeps aggregating in clients account until a month is over. At the end of each month, the company charges its specified fee out of the profits earned in clients account. The best thing about the company is that it doesn’t charge even a single penny if no profit is made in clients’ account.
How To Get Started With Forex92 Forex Managed Account Services?
Getting started with forex92’ forex managed account services needs you to follow few steps which have been enlisted below.
- Open www.forex92.com using your internet browser
- Select the service “forex managed account” available on the top middle of the official page of the company
- Select your favorite broker from the list of available brokers by entering your basic information on the sign-up page of the company
- Deposit funds in your account such as a minimum of $1000
- Sign a contract with the company concerning the profit sharing ratio and the permission to use your MT4/MT5 login details and share your accounts’ password with the company.
That’s all.
Customer Support
Forex92 offers full-time customer assistance to its clients. Clients visiting the company from any part of the world are facilitated in their preferred language. The company welcomes its clients to contact it even on weekends. Clients can contact the company either through telephone or they can use an email for the same. An online web chat feature is also available for clients to raise their concerns with the company on a timely basis. Clients can use the following details to establish a contact with the company.
Tele: +357-25123308
Email: trading@forex92.com
Conclusion
After a detailed analysis of the services offered by the company and an in-depth review, it is concluded that forex92 is a legitimate company providing best forex management services to its clients all around the world. The company offers low-cost forex managed accounts with recurring monthly profits. People can also invest their money in a crypto managed account to get a return of 50% or more. The company holds a verifiable trading performance which even adds one more layer to the company’s credibility. In short, the company really worth opening an account with, people should give it a try at least.