Forex trading has always been a source of attraction for a lot of investors all around the globe. People prefer investing in forex as compared to any other source of investment and this is because of the ultimate profit-making potential in relatively less time span. However, it requires them to have a sound market knowledge and hands-on trading experience to cope up with the highs and lows of the forex world. Alternatively, forex managed funds account can be a great way to invest in forex without getting involved into it personally especially when you are living in a country that has strict governing rules and regulation with regard to forex trading. In this piece, we debrief how to open a forex managed funds account in Australia.
Before we go telling you details about how to open forex managed funds accounts in Australia and what are the associated benefits you can have, we would like to describe forex managed funds so everybody knows what we are referring to.
What Is Meant By Forex Managed Funds Account?
Forex managed funds refer to an arrangement where investment is done by one party and management services are offered by another, in pursuit of an agreement which is done for a mutual interest. It’s a type of account which is traded by expert professional traders on behalf of clients for a fee. Clients wish to have their investment grown over time whereas fund managers tend to grab a handsome share of profits by generating a sound return on clients’ investment.
Why Forex Managed Funds Accounts Are Opened?
Generally speaking, a lot of people do not hold the required experience or expertise to trade forex on their own. So, they need a helping hand to bring them profits without risking their funds. Experienced traders are hired for this cause which brings them profits and keeps the security of client’s funds as their topmost priority. It is to be noted that forex managed funds are often opened by advanced level traders too who can trade themselves but due to time restraints they can’t.
How To Open Managed Funds Account And With Whom?
Managed funds accounts can be opened with companies offering funds management services such as Forex92 and some other asset management companies. These companies provide investment and portfolio management services against a fee which is charged on monthly basis. To get started with such companies you need to open an account with their designated brokers by depositing the amount as prescribed by them. Be informed that opening an account with a legit company is important since there are a lot of scams out there and you need to be very careful with your investments.
What Is Forex92?
Forex92 is an investment and portfolio management company which offers funds management services to its clients worldwide. The company was established in 2014 and is based in Limassol, Cyprus. It has a team of professional forex traders with years of experience in the same field. The company offers exceptional returns on clients’ funds each month. People are allowed to invest in crypto managed accounts as well to crack profits as high as 100% a month.
Is Forex92 A legit Company?
Yes, forex92 is a legit company offering funds management services for the past four years successfully. The company has evolved as a trusted name for thousands of satisfied customers all around the world. It holds an excellent verifiable trading performance which instigates a sense of satisfaction for the customers so they come, join the company and start making money right away. The company works with the most trusted brokers of the world which have been regulated by various regulatory bodies all across the globe. The company’s trading results can be verified by visiting the company’s official webpage www.forex92.com.
How To Get Started With Forex92?
Getting started with forex92 is simple. All you need is to follow a quick set of simple steps and you are all set to open a forex managed account with forex92.
- Visit the company’s official website by typing www.forex92.com in the search bar of your web browser.
- Select the service you wish to go for such as “forex managed funds” which may alternatively be called as managed forex account.
- Select the broker of your choice by selecting it from a drop-down menu which becomes available after you have successfully entered your basic information on the sign-up page at forex92.
- Deposit funds into your account and share a screenshot of your funded account with the company using the online contact form available on the contact us tab.
- Sign a contract with the company concerning the profit sharing percentage and permission to use MT4/MT5 login details for trading purposes.
- Share your MT4 trading account login credentials with the company so it may start managing your funds right away.
That’s it
Customer Support
Forex92 offers round the clock customer support to its clients. The company offers multilingual customer assistance to its clients visiting the company’s website from different regions of the world. The company has provisioned different methods of contact for customers including telephone, email and web chat. Those who prefer talking to the company’s officials via phone may call at +357-25123308. Email correspondence can be done at trading@forex92.com. A live web chat feature is accessible through the company’s website www.forex92.com
Final Words
After a careful review of the company we hereby conclude that forex92 is one of the best forex funds management companies in Australia. The company offers low cost managed accounts with consistent monthly profits. Full-time customer support helps clients to get their issue sorted out on run times basis if any. The company works with world’s most trusted brokers and holds excellent trading history which speaks itself that the company worth opening an account with.