Trading forex to make money fast is one of the most effective ways people have been using since ages. With a vast variety of tradable assets and generous leverage offers, you can make excessive profits by investing only a fraction of amount. However, forex trading might not suit everyone since it requires you have an extensive market knowledge and a lot experience to trade it successfully. So, you need to go for other alternatives if you don’t possess a hands-on trading experience or you have a little to no knowledge of the forex world. Frankly speaking, forex managed accounts can be the best option to make money fast especially when it comes to the wellbeing of novice traders.
What Is Mean by A Forex Managed Account?
An account which is opened to make a profit in forex with the help of professional assistance is known as a forex managed account. It is a mutual interest activity which is carried out to benefit both of the parties involved including investor and fund managers. Investors put their money into forex and ask fund managers to trade on their behalf for a pre-decided fee. Professional forex traders having years of trading experience start taking care of investors’ account following best trading practices. The risk of loss in forex managed account is relatively less as compared to personal trading.
How To Open A Forex Managed Account?
Opening up a forex managed account is quite easy. It can be set up within a few minutes. All you need is to locate a reliable company offering best forex managed account services. Normally, it is advised to open a forex managed account with a regulated company or a broker to avoid any possible financial abuse. Since regulatory bodies monitoring financial activities of finance-oriented companies across the globe have come up with strict rules and regulations for entities entrusted with public money, therefore, it is safer to stick around regulated firms for account opening purposes.
What Is The Minimum Investment Needed To Open A Forex Managed Account?
Forex managed accounts doesn’t need massive investment. Instead, you can open them with as much money as you can afford. However, in order to have fruitful results, it is suggested to start with $1000 at least. This is to make fund managers able to recover the unexpected loss if incurred by chance. It also enables professional traders to access privileged trading tools which might not be available for traders depositing less than $1000. Anyhow, this is not a hard and fast rule, you can start even low and this would do as well.
Where I can find the Best Company Offering Forex Managed Account Services?
Locating the best company which offers reliable forex managed account services can be difficult at times since there are many scams out there due to increasing numbers of forex brokers and companies hitting the forex market every other day. You need to be very careful with your investment. Using online search engines you can find some links to legitimate companies such as forex92. You can also consult different third part website which keeps a record of good and bad rated companies offering forex managed account services. As mentioned earlier, checking the regulation status of your prospected company can also help you to stay safe while opening a forex managed account with it.
How Much Return I Can Expect From A Forex Managed Account
Usually, a good investment management company offers you a return of around 10% to 20% of your investment each month. This may be less or more sometimes depending upon the market conditions of the forex. However, companies such as forex92 offer consistent monthly profits of not less than 12% of your investment. If you open a crypto managed account with forex92, your monthly prospected profit goes up to 50% to 100% a month.
What Is Forex92?
Forex92 is an investment-oriented company offering forex managed account services to its clients all across the globe. The company was formed in 2014 and is based in Limassol, Cyprus. Forex92 offers multiple investment opportunities where clients can choose to invest in forex or digital assets. The company works with the world’s top class brokers of the world which have been regulated by various prestigious companies of the world such as ASIC, CySEC and FCA. The company has a low-cost forex managed account available to offer. It accepts clients from almost all parts of the world including the United States.
Is Forex92 A Scam?
Forex92 is not a scam company. It’s one of the most legitimate companies available in the market. The company holds a marvelous trading record which is readily available for clients to verify. The company works with regulated brokers of the world to ensure the maximum security of clients’ funds. Clients can verify the company’s trading performance by visiting the company’s official webpage www.forex92.com.
Customer Services
Forex92 offers excellent multilingual customer support to its clients round the clock. Clients can contact the company using a telephone line, email and web chat service. Those who prefer telephonic contact may call the company at. Clients who feel more comfortable while having their concerns addressed through email conversations may send their queries at trading@forex92.com. The company has provisioned a live web chat services so clients may sort out their issues on a timely basis.
Final Words
After a thorough review of the company, we hereby conclude that forex92 is a truly legitimate company working with reliable forex brokers to provide excellent investment and portfolio management services to its clients worldwide. The company accepts clients from all region of the world and offers the most affordable forex managed accounts with consistent monthly profits. The company also allows its customers to invest in cryptocurrencies.