Do you wish to make money fast? Have you ever tried opening a managed forex account to invest in forex? If not, believe us, this is the time you must give it a try. Forex trading can bring you a lot of money in no time provided that you follow the right track. Before investing in forex, there are certain assumptions that we would like to make you clear about. Don’t expect to become a millionaire overnight. You do become richer by trading forex quite fast but after you have gained enough knowledge of the forex market and have got some trading experience. Forex world is huge, it undergoes a daily trading volume of around 5.3 trillion dollars. With such high liquidity, it is considered to be the most volatile market in the world.
How Forex Trading Actually Work?
Having said that we now would like to give you some idea concerning how it looks like trading forex. Forex trading involves three parties including liquidity provider, brokers and of course traders. When someone decides to trade forex, he/she need to open an account with a broker. A deposit may also be required to get started. The broker allows you to use its platform to place trades in the market. A wide range of tradable instruments is available to trade. Brokers usually offer high leverages such as 1:200, 1:500 and some of them even offer 1:1000. This means that besides having limited funds available to invest, you can trade big lots. For e.g. If you have invested $100 and your broker allows you to use a leverage of 1:500 then you can place a trade of up to $50000 (1:500 means $100 x 500 = $50,000).
Just imagine that by only investing $100 you can place a trade against $50,000 and if you win all of your trades the obviously you can become rich overnight, However, this usually doesn’t happen. It is very difficult to win all of your trades. So what in case you start losing trades? You will get your account wiped out in all of a sudden plus you may also go liquidated ending up with a negative account balance. So what you should be doing is open a managed forex account and let the experienced ones to manage your account instead of getting involved in the forex on your own.
Finding A Reliable Company Offering Managed Forex Accounts
You may find a lot of companies offering managed forex accounts these days, unfortunately, most of them as nothing but a scam. Due to over flooded market with everyday emerging brokers, it has become very difficult to spot a reliable broker but there is one point that you can look at to conclude if the broker is worth opening an account with or not and that is its regulation status. If the broker is regulated, you can rest assured that it investing with it is safe. However, opening an account with an unregulated broker is putting your investment at risk.
What Purpose Does Managed Forex Accounts Serve?
The main objective to open a managed forex account is to make profits. However, these managed forex accounts are also opened to minimize the trading risk involved with the forex trading. Obviously, if you go trading forex on your own and you have got no previous experience that it is very likely that you will end up losing all or major portion of your investment. However, with managed forex accounts, this risk is transferred to the party managing your investment.
What Is Forex92? Does It Offer Low-risk Forex Managed Accounts?
Forex92 is an investment-oriented company offering managed forex accounts for more than four years. The company was formed in 2014 and is headquartered in the USA. The company works with regulated brokers of the word to offer trading services to its clients all across the globe. It has a team of professional forex traders and financial analysts having years of experience in the same industry. The company follow a risk-averse trading strategy and makes sure not to take a risk greater than 2%-3% of clients’ investment in a single trade. The company shares 10% of earned profit with its clients. This percentage even reduces further if clients choose to deposit more than the suggested amount which is $1000 at least.
Is Forex92 A Scam?
No, forex92 is not a scam. It’s purely a legitimate company based in the United States. The company works with the world’s most reputable brokers. It also holds excellent trading history which it keeps sharing with its clients on regular basis. Clients can verify the trading performance of the company by accessing “verified performance” tab available on the official website of the company.
How To Get Started With The Forex92 Managed forex Accounts Service?
In order to get started with forex92 managed forex account services, all you need is to follow some steps mentioned below;
- Visit the company’s official website by clicking the link www.forex92.com
- Select your desired service such as “managed forex accounts”
- Select a broker of your choice from the list of available brokers
- Fund your account with $1000 at least
- Sign a contract with the company
- Share login details of your MT4 live trading account
Customer Support
Forex92 offers multilingual customer support to its clients 24/7. The company can be reached following different mediums. Clients can choose to talk to customer service representatives over the telephone. They may send emails to the company. A live web chat feature is also available for the facilitation of clients at www.forex92.com. Other contacts details are mentioned below;
Tele : +357-25123308
Email: trading@forex92.com
Final Words
Forex92 is one of the best investment companies we have reviewed so far. It offers low risk managed forex accounts together with excellent customer support round the clock. The company also shares its trading record with its clients on regular basis. We believe investing with the company can be a good decision. People are likely to fell in love with the overall standard of services offered at forex92.