The best managed forex account is a kind of trading account which is managed by a professional forex trader. A professional money manager or forex trader handles trading activities on behalf of customers. The best managed forex account is an independent account that is usually owned by an investor at a forex brokerage firm. These forex trading accounts are also known as slave accounts. Thee slave accounts are related to the master account of a forex broker.
What Exactly is a Forex Managed Account?
The best managed forex account can be compared with traditional investment accounts of bonds and equities. The investment manager must manage and handle money of investors in the forex managed account. Investor has full control over the amount as Money manager has no authority to withdraw or add funds to the clients’ account. In addition, investors can also withdraw money from their account without bringing into the notice of funds manager.
The account manager and forex investors should sign a Limited Power of Attorney Agreement (LPOA) dully signed by both parties. This kind of agreement is very important as it lays down different policies regarding trading and withdrawing money from the best managed forex account. It also gives permission to a funds manger to trade on behalf of an investor. However, the funds manager cannot withdraw any money from the investor’s account.
Benefits of the Best Managed Forex Account
Some of the main benefits of using the best managed forex account are as under;
Passive Investment
New investors find it very difficult to master the trait of forex trading as they don’t have any experience of tackling the issues faced by forex investors. They may lose considerable portion of their hard-earned money in forex trading. Therefore, the best managed forex account can really aid them overcome this kind of risks.
Investors should deposit some money, as suggested by a fund manager, in their managed Forex trading accounts opened with a reliable forex brokerage company which has state-of-the-art technology and software for trading services.
Controllability
Investors have very good control over the investments they invest in the best forex managed accounts. Inexperienced investors must not worry about their investments as they can invest and withdraw money from their account without any fear of loss. Forex account managers can only use people’s funds for trading purposes. Therefore, it can be said that investor has complete power and authority to close their investment accounts at any time without any prior notice.
Highly Liquidity
Forex managed accounts are very liquid and this is the most important advantage for the investors. They can easily withdraw money from their accounts whenever they want to unlike real estate that needs months and years to sell the property on the market rates.
Leverage
Reliable forex brokers also offer financial leverage option to their prestigious customers. This option helps investors to take extra risk when they feel it’s easy to earn profit through investing in the forex market. Leverage in Forex is the ratio of the trader’s funds to the size of the broker’s credit.
Who Is Forex92? Does It Offer the best managed forex accounts?
Forex92 is one of the world’s best investment management company which is busy offering forex-based solutions to its prestigious customers. The company is headquartered in the famous city of Limassol, Cyprus. It has hired skillful staff expert in professional money managers and investment. They have more than 10 years of experience in the forex industry.
In addition to that, company also provides various kinds of investment related services such as technical analysis, working capital management, fundamental analysis and crypt management services. The company is expert in offering high standard forex management services with minimum investment of just $100. It also offers very healthy profit return of 20%-25% on the best managed forex accounts while 50%-100% return is offered on crypto managed accounts.
Is Forex 92 a legit Company or It’s Just a Scam?
Forex92 is a real and 100 % legitimate brokerage company and world ‘s best brokers are working with it. The company has made a very good name in the forex industry. It has been providing managed forex accounts services to investors all around the world for last 5 years. Forex 82 has maintained a high standard of providing managed services to the traders. The company also holds an awesome trading record that can be verified by visiting the company’s official website. The various tabs of the websites provides complete information about various components of its services.
Forex 92 – Main features of its service.
Past history
Forex 92 provides detailed history of the previous transactions made by the clients. The previous history includes total profit earned, total profit earned, return on investment, and Pips earned etc.
Better management of the investment
Forex 92 management correctly takes extreme care while handling client investment funds. Investment professionals use diversification strategies, smart hedging options,and winning reward/risk ratio for better management funds invested in the best managed forex accounts. These kinds of strategies aid our team to better optimize the returns of investors in a best way possible .choice.
Fundamental analysis
Fundamental analysis is very important while creating a long term investing strategy for the forex investor. The best managed forex accounts managers carry out detailed study of the macroeconomic indicators affecting the Forex market. The list of these macroeconomic factors includes inflation, economic growth, manufacturing, and gross domestic product (GDP).
However, Forex investors these days ignore the basic elements of the company fundamentals while trading currencies and they only focus on the technical analysis. These investors are known as day traders. They believe that fundamentals are only important for the long term trading and it is not so important for day trading. However, our experience staff of the Forex 92 knows that regardless of type of trading, fundamental analysis is extremely important for all kinds of traders. Therefore , the staff working at Forex 92 base its trading strategy on both fundamental and technical analysis.
The professional team operating at the Forex 92 keeps a very close eye on the external macroeconomic factors affecting the economy. The list of these factors includes trade balance with other countries which plays an important role in affecting the value of different currency pairs. In addition to that various geo political events also leave an effect on the value of various currency pairs. For instance : China – US trade war has negatively affected the value of the US dollar in last one year. The Brexit decision has negatively affected the UK pound. Our best managed forex accounts also keep an eye on these events to devise most appropriate investment strategy.
Technical Analysis
The financial professionals operating at the Forex 92 have the complete information about the use technical analysis to predict future price movements of the Forex market. These predictions are carried out by analyses of the historical market data related to the price movements . The professionals operating the accounts have very good expertise to create different chart patterns right after analyzing historical market data. The technical analysts believe that history often repeats itself in various predictable patterns. The patterns created by various movements in price, are also known as Forex signals. The main objective of the technical analysis is to analyze the current forex signals of the given market by utilizing previous market signals. This exercise effectively helps the best managed forex accounts regulated managers to perform daily Forex predictions.
Our staff at Forex 92 gives special importance for using technical analysis in the current forex market conditions. Our experienced traders know that current market information is somehow reflected in the price. This is the reason Forex 92 also basis it’s strategy on the current and past price of the selected currency pair. This is the practical application of the saying “History tends to repeat itself“.
Well, that’s basically what technical analysis is all about! If a price level held as a key support or resistance in the past, traders will keep an eye out for it and base their trades around that historical price level.The strategy followed by the Forex 92 uses technical analysts to look for similar patterns that have formed in the past. These patterns help us to form trade ideas believing that price will follow the same way that it did in the past.
Conclusion
The best managed forex accounts are the most effective solution for the contemporary investors. The best managed forex account is a very good way for investors to earn passive income by handing over the management of their investments to the professional account managers. However, investors have to take measures to make sure that they have selected the right the best managed forex accounts service provider for their hard earned money. The selection of good forex broker is very essential to make their life as investor easy and enjoyable. Forex92 is a real and 100 % legitimate brokerage company and world ‘s best brokers are working with it. The company has made a very good name in the forex industry. It has been providing managed forex accounts services to investors all around the world for last 5 years.
