Investment in forex can be very fascinating when done wisely. It doesn’t only brings you quick monthly returns but also offers an immense level of investor confidence to make more money. However, the forex market is known for its higher level of volatility which could potentially result in severe losses as well. Therefore, you need to be well versed with variant trading strategies and in-depth market knowledge to prevent your funds from unexpected loss. In this piece, we debrief how to open a managed forex account.
What Is Meant By A Managed Forex Account?
It’s an investment account which is opened with a forex broker or a fund management company offering managed forex accounts. Managed forex accounts are opened with a view of generating quick monthly returns with the help of professional forex traders. This arrangement involves a monthly fee which is taken out of profits made in clients’ accounts. Managed forex accounts are considered as one of the safest methods to put your money into forex.
How To Open A Managed Forex Account?
To open a managed forex account you need to sign up with a forex broker. You can also open a managed forex account with some investment and portfolio management company. You may be asked to sign a contract with the company and share your trading account’s login credentials with the company you have selected to open a managed forex account with so that it may start trading on your behalf.
Since there are so many brokers offering managed forex accounts these days, therefore, it may become a little difficult for you to find out the best one. The easiest way to locate a reliable company such as forex92 is to look for its regulation status. It should be a regulated forex broker or in case it’s a company then it must be working with regulated brokers only.
What Is Forex92?
Forex92 is an asset and investment management company. The company deals in managed forex accounts and well as other forex related services. It started its business almost four years ago and since then it is continuously providing reliable investment management solutions to its clients all across the globe. The company has a team of professional fund managers with relevant trading skills and expertise. The company is headquartered in Limassol, Cyprus with its sub-offices being located worldwide. The company works in collaboration with regulated brokers of the world only to make sure that client’s funds are well protected.
What Type Of Managed Forex Accounts Are Available At Forex92?
There are three types of accounts available at forex92. Let’s have a look at each of them.
Personal Managed Forex Account
It is the simplest form of a managed forex account that the company offers to its clients for just a $1,000 deposit. Clients are offered a monthly return of 10% to 15% for a moderate level of trading risk. This account can be opened using the various methods available at the company’s designated broker. Clients can also expect full customer support round the clock in a personal managed forex account.
Business Managed Forex Account
Companies looking to invest in forex can sign up for a business managed forex account with the company. Clients are required to deposit a minimum of $10,000 to open a business managed forex account with the company. The trading risk in business managed forex account is low in comparison to personal managed forex account. Clients can expect a monthly return of 15% to 25% in business managed forex account.
Crypto Managed Account
Clients who prefer trading cryptocurrencies over fiat currencies can sign up for a crypto managed account with forex92. The company offers a monthly return of 50% to 100% of a client’s investment each month. The trading risk in a crypto managed account is almost zero. The minimum deposit to open a crypto managed account with the company starts from $10,000
Is Forex92 A legit Company?
Yes, forex 92 is a legit company. The company is quite famous among people for its proven trading results. The company works with regulated brokers of the world ensuring maximum protection of clients’ funds. The company’s trading performance can be verified by visiting the company’s official website.
How To Get Started With Forex92?
Getting started with forex92 is so simple. Just follow the steps listed below and you are done;
- Go to www.forex92.com
- Select the type of account you wish to sign up for from the top right corner of the website after clicking managed forex accounts
- Select your broker from the drop-down menu which becomes available after you are done entering your basic information on the sign-up page at www.forex92.com
- Deposit funds in your account and take a screenshot of it to share it with the company using the company’s online contact form
- Sign a written agreement with the company and share your MT4’ username and password with forex92.
Customer Services
Forex92 offers excellent multilingual customer support to its clients 24/7. A team of professional customer service representatives remains readily available to assist company’s clients. To talk to the company’s representatives, clients may use various options including telephone, email and live chat. Following details may be helpful in this regard.
- Telephone: +357-25123308
- Email:trading@forex92.com
- URL: www.forex92.com
Final Words
After a detailed review of the company, it is concluded that forex92 is a safe investment opportunity which can be considered for any type of forex investment. The company has terms with various regulated brokers of the world and offers full-time customer support to its clients.