Managed Currency Trading Accounts
Managed currency trading accounts is an alternative name used for forex managed accounts. Both accounts are operated the same way and serve a common purpose. The word “Forex” is derived from two words “Foreign and Exchange”. Forex involves the trading of currencies. People buy, sell or exchange one currency against the other in the Forex market.
Managed Currency Trading Accounts- Associated Benefit?
Managed currency trading accounts are opened with a view to make some quick profits without taking a major risk. Let us explain it a bit further. It is a type of an arrangement in which investors hire some third party professional traders to manage their investments for a fee. Managed currency trading accounts benefits both investors and the party responsible to take care of the account. Profits generated in managed currency trading account is divided between both the investor and the company managing investor’s funds.
Who Offer Managed Currency Trading Accounts?
Many companies are offering managed currency trading account these days. Unfortunately, some scam companies are also out there who only tend to make innocent people fool. Therefore, you need to be very careful before you start doing business with any of such scam company. You need to find a reliable company offering best investment management solutions.
Remember, a reputable and trusted company won’t ask you to pay directly to them. Corporations offering managed currency trading accounts need to work with brokers to provide such service. So there will always be a broker requiring you to open an account and fund it. Make sure that the broker is regulated.
How To Find A Trusted Company Offering Managed Currency Trading Accounts?
With the help of the internet, you can easily find out some reliable companies offering managed currency trading accounts online. All you need is to do extensive research before making up your mind to invest in any business. Make sure that the company you are going to invest with is legitimate and that it works with the world’s reputable brokers.
What is Forex92? Does It Offer Managed Currency Trading Accounts?
Forex92 in an investment management company based in the USA. It is the world’s most reliable company offering safe and secure investment management solutions to its clients all around the world. The company was formed in 2014 and is headquartered in Sans Francisco, California. Yes, the company offers best-managed currency accounts. The company is offering two main services including investment management and forex trading signals.
Is Forex92 A Scam?
No, forex92 is not a scam at all. The company works with the world’s most trusted brokers. Forex92 has a large number of satisfied customers in almost all parts of the world. The company has also shared its past performance on its official website. Clients can visit the verified performance tab at www.forex92.com to verify the performance history of the company. Forex92 works with regulated brokers only.
How Forex92 Investment Management Works?
Investors wishing to use the investment management service of the company need to open an account with the recommended broker of the company. A minimum deposit of $1000 is also required to get your account managed by the company. One the account is opened and investor has sent the proof of initial deposit to the company, the company will start trading on investor’s behalf. Remember, customers need to sign a declaration form prior the company starts trading the customer’s account. The declaration form states that:
- The customer is agreed on profit sharing percentage with the company
- The customer knows that the company will be using his/her MT4 credentials for trading purposes
Difference between Managed Currency Trading Account And Auto Trading
Most people get confused between managed currency trading account and auto trading think both of them to be the same. In fact, auto trading and managed currency trading accounts having nothing in common except that both of them have a common objective and that is to make profits for investors.
Auto trading requires investors to buy a trading bot, configure it and then let it trader automatically following pre-defined trading strategy. Whereas real humans operate managed currency trading accounts. Usually, a team of professional traders looks after managed accounts.
Although trading robot also makes profits for investors, the risk is that if the market is not suitable for trading purposes, the robot doesn’t know that. It will keep on trading irrespectively. On the other hand, professional traders would always seek the best opportunity to place trade. Hence the risk of loss of investment is way lower in managed currency accounts as compared to auto trading account.
How to Get Started With Forex92?
You only need to follow steps mentioned below to get started with the forex92
- Go to www.forex92.com
- Open an account with the company’s recommended broker using the affiliate link available at www.forex92.com
- Deposit $1000 at least to get your account activated
- Take a screenshot and send it to the company’s email address i-e support@forex92.com
- Sign a contract with the company
- Share your MT4 login details with the company
Customer Support
The company is committed to providing its customers exceptional customer services. Forex92 makes sure that a team of professional, well-behaved, and competent staff is available to assist customers round the clock. Customers can contact the company by telephone at +1 415-426-4957. Emails can also be sent on support@forex92.com. A live web chat feature is also available to assist traders on a runtime basis.
Conclusion
After going through an extensive research and conducting an in-depth analysis of the services that forex92 is offering, we now conclude that the company is one of the best choices available in the market for investment purposes. The company works with regulated brokers and provides excellent customer services. We felt, delighted with the overall image of the company.