What is forex account management?
Forex account management involves money managers (professional forex traders) who trade for their clients and charge a fee for their services. However, Money Managers cannot deposit or withdraw money from the client’s account.
Why choose a forex account management service?
Forex Account Management is helpful for investors who do not have the time or knowledge to perform trading themselves. Therefore, they can use the services of expert professionals who can put in efforts and achieve the desired results. Investors who do something else full time cannot give time to forex trading themselves, so they must hire money managers to trade on their behalf. These traders have a lot more knowledge of forex trading than normal investors, so hiring them means hassle-free profits.
How does forex account management work?
Investors must start by looking for a reliable forex account management company. After that, funds are deposited into the broker’s account and the money manager is given access to it. He then performs trading on client’s behalf. Again, his access is only limited to trades and he cannot do any deposits or withdrawals in the account.
Who provides a good forex account management service?
There are many account management service providers working in the forex industry. However, Forex92 is the world’s # 1 forex account management company with experienced traders.
It has productive money management strategies. Every trade is placed after in-depth technical and fundamental research. Forex92 never opens multiple trades at a time, rather they place only a few but quality trades every week. Unlike other forex trading companies, Forex92 does not use any scalping techniques that carry high risk.
Is Forex92 a trusted account management company?
Forex92 is a fully trustworthy company that has partner brokers regulated with FCA, CySec, and ASIC. To start trading, you need to get in touch with one of them by accessing the provided tracking link. Forex92 trades with a risk-reward ratio of 1:2 which is better than most other companies.
Expected returns with Forex account management services?
The returns offered by Forex92 are between 20% to 30% on monthly basis. These figures vary with the account type.
- The personal account which starts with a minimum investment of $10,000 offers a return of 20%.
- The business account which starts with a minimum investment of $50,000 offers a return of 30%
- The enterprise account starts with a minimum investment of $100,000 and offers a return of 35%
Is it safe to use forex92 account management service?
Forex92 is a 100% safe forex account management services company, and all its partner brokers are regulated. Secondly, these brokers have insurance schemes in case of financial losses. If any of the brokers file for bankruptcy, the investor does not lose any of the invested money.
How to get started with forex92 account management services?
Forex92 has a simple process to get started with account management services. Here is what you need to do.
- Signing up with Partner Brokers
Forex92 has a list of partner brokers and users can pick any one of them. There is a tracking link with each of them and you can sign up by clicking it. More importantly, if you do not use the tracking link to sign up or use one of your own
brokers, an extra 5% above the standard fee will be charged.
- Deposits Funds in the trading account
Users must deposit funds according to the account type they are interested in. You need to start with a minimum sum of $10,000 and can opt for larger sums as well. Larger investments have smaller performance fees.
- Credentials are Shared
Once the account has been funded, you need to share the Mt4 login credentials (user ID and password and name of the MT4 broker’s server. Forex92 also signs for a limited power of attorney if the client requires it. This agreement mentions the name of the client and Forex92 as the two stakeholders.
Forex92 Past Performance Results – MyFxbook Verified
Investors should check the trading performance of a company before selecting it for managed accounts. A company that has a bad performance track record does not provide its previous records online.
The past performance of Forex92 is verifiable and shows that the company has been performing well. It shows that the company has a low-risk profile and delivers consistent returns every month.
Our trades are not placed every day and we believe in a risk-free strategy. Therefore, limited trades are placed every week. Investors who are interested in viewing the myfxbook trading performance of Forex92 can get in touch via email or live chat or scroll through the performance page on the website.
Final Words
Having quality managed account services is a big blessing for any investor since they don’t not have to invest time or effort. Forex92 is a top-rated account management services company. It offers consistent profit returns between 20 and 35% depending on the account type you select. Forex92 has been delivering consistent performance in the past and provides complete history to people who are interested in managed account services.