It’s been many years since forex trading is ruling the hearts of traders all around the world. People love investing their money into the forex for the fact it brings them quick returns. Wait, it might not be 100% true for those who have had bad experiences in the past with respect to capital and investment market. If you are one of those unlucky guys then we suggest you go for managed forex accounts this time. Although forex trading can be very profitable, it needs you to be well versed with the market response. Forex market is known to have the highest volatility levels that can easily make your world go upside down. Today, our discussion will revolve around managed forex accounts.
What Is Mean by A Managed Forex Account?
An investment account funded by investors, traded by professional money managers for sake of making quick profits. The managed forex accounts are handled with extreme care by top industry’s experts who put their utmost effort into maximizing investors’ wealth following best trading practices. Fund managers in return share a portion of the profit made in managed forex accounts according to the pre-decided profit sharing ration as a reward of their contribution.
Who Offers Managed Forex Account?
Managed forex accounts can be opened with forex brokers. There are hundreds and thousands of forex brokers offering managed forex accounts these days. However, most of them are good for nothing. You need to make sure that the forex broker you are going to open a managed forex account with is regulated. Some fund management companies also have this service available. If it happens to be one of such companies then you must confirm it should be working with regulated brokers only likewise forex92.
What Is Forex92? Why Regulation Is Important?
Forex92 is an asset management company that deals with all sorts of investment and portfolio management services. The company is headquartered in Limassol, Cyprus. Its been more than four years that the company is offering funds management solutions to its clients all around the world. The company has a team of professional forex traders and expert investment specialists with years of trading and investment experience. The company offers low risk managed forex accounts for a reasonable cost with consistent monthly returns.
As far as the importance of regulation is concerned, it is to ensure the safety of clients’ funds. The regulation allows customers to seek legal protection against their loss in case of unfair capital management by the company or broker whom you have an account with. Whereas, if you have unfortunately signed up with a non-regulated broker then you can’t even case a file against them. This is why we emphasize on signing up with a regulated broker only.
Is It Legal To Open a Managed Forex Account In Portugal?
Forex trading as well as signing up for a managed forex accounts both are legal in Portugal. The Portuguese government doesn’t restrict people to invest their money into capital and investment markets as long as the company you open a managed forex account is not involved in any illegal activity such as money laundering.
Who Regulates Forex Market In Portugal?
The Portuguese capital and investment market come under the regulation of CMVM which enjoy complete control to regulate all concerned entities in its autonomous capacity. The CMVM (Comissao do Mercado de Valores Mobiliarios) is the forex regulatory body that issues a license to forex brokers to operate within the country. It is known to have strict rules and procedures for forex brokers to follow in order to protect the financial interest of the people of Portugal.
Is Forex92 A Legit Company?
Yes, forex92 is a legitimate company offering best-managed forex accounts to its clients for the past four years. The company has been working with regulated brokers of the world and holds an excellent trading history which can be verified by visiting the company’s official website using the link www.forex92.com. The company has hundreds and thousands of satisfied clients all across the globe.
How To Get Started With Forex92?
To get started with forex92, just follow the simple steps listed below;
- Visit www.forex92.com
- Select managed forex account from the top right corner of the web page
- Select your broker from the drop-down menu after entering your basic information on the sign-up page
- Fund your account as per the required minimum balance depending upon the type of managed forex account you’ve selected
- Share the screenshot of your funded account with the company using the online contact form which is accessible at the contact us page
- Sign a written contract with the company to acknowledge the profit sharing percentage and to allow the company to use your trading account’s login credentials for account management purposes
You are done.
Customer Services
Forex92 is known for offering excellent customer services round the clock. The company facilitates its customers in their preferred spoken languages. Clients can use various methods to establish contact with the company including telephone, email and live chat.
- Telephone: +357-25123308
- Email:trading@forex92.com
- URL: www.forex92.com
Final Words
After a detailed review of the company, we hereby conclude that forex92 is truly a legitimate company which is working with most trusted brokers of the world. The company has a team of expert individuals with proven expertise in the forex trading. The company offers consistent monthly returns to its customers and ask for low deposits. We suggest people should definitely try it for once at least. We hold a view that people would love it.