Investment in forex has been simplified ever since the managed forex accounts are introduced. Earlier, it was very difficult for beginners to start trading forex. It has always been one of the most liquid markets of the world having high volatility levels that remained the concern of investors. However, managed forex accounts helped people greatly to overcome the fear of losing their investment in forex in all of a sudden.
Managed forex accounts make you generate a smooth income out of forex passively. You don’t have to get directly involved into day trading, instead of professional traders on your behalf would do it for you. Forex trading is almost equally popular all around the world but in China, people have just started exploring the forex market due to strict regulatory restrictions earlier. Today, we talk about how to open a managed forex account in China and how managed forex accounts can be of great help in making quick profits for Chinese.
What Is Managed Forex Account? How Does It Work?
Managed forex account is a type of investment account. People wishing to trade forex but are new to the forex world or they may not have sufficient time available to trade forex can use managed forex accounts. It needs you to select a company offering managed forex accounts. After selecting your preferred broker from the company’s list of available brokers, you then need to make the initial deposit. Once your account is opened with a company, you may then be asked to sign an agreement with the company and share your login credentials with it. It is to be noted that, professional traders trade on your behalf for an agreed sum of money. Therefore, the profit earned in your account may be shared between you and the company in pre-defined ratio.
How To Locate A Company Offering Managed Forex Account?
Since the forex market itself is a virtually located market, therefore, locating a company offering fund management services such as managed forex account shouldn’t be of any issue. One can search it online using a PC connected to the internet. While pressing your keystrokes in the search bar of a search engine you would realize that there are hundreds and thousands of companies offering fund management solutions. You just have to pick the right one. It essentially should be the regulated one.
Why Regulated? Does It Make Any Difference?
Yes, regulation of the company offering managed forex account is very important. After all, it’s a matter of public money. There have been various cases reported to date where non-regulated company or brokers have gone bankrupt leaving people a loss of thousands of dollars. Regulation makes sure that the company offering money management services does have enough resources to operate as a legal entity. Also, it makes companies abide by the rules and regulation in place in order to protect the people interest.
Who Regulates Financial Market In China?
The China Securities Regulatory Commission (CSRC) is the regulatory body in China which is responsible for regulating the concerned authorities. The body came into existence in 1992 and since then it is managing China’s financial market. It liaises with the financial sector companies and forex brokers in order to meet the needs of emerging and prevailing challenges of the investment market. It ensures that the companies entrusted with the public money follow the best suit of principle in offering funds management services to the people of China.
What Is Forex92?
Forex92 is a fund management company. It is one of the most successful companies offering result oriented managed forex accounts to its clients all over the world. People have generated smooth income streams with the help of manage forex account being offered at forex92. The company was founded in 2014 and it’s been five years since the company is doing well enough that it offers a return of more than 50% on clients’ investment every month. It is being managed by a team of professional forex traders and industry’s experts. The company offers multiple investment solutions to its clients including forex signals, technical analysis, and managed forex accounts. However, it is specialized in offering managed forex accounts.
Type Of Managed Forex Accounts
There are three types of managed forex accounts being offered at forex92.
Personal Managed Forex Account
People who are new to forex trading or they wish to start low can opt-in into this account. Starting with an initial investment of $5000 it offers you a return of 10% to 15% a month with only a moderate level of risk. However, since the company has an affecting risk management model in place so it is very unlikely for the people to witness a loss in their accounts. Please be informed that exceptions are there.
Business Managed Forex Account
The company offers business managed forex account to the corporate sector. Companies with more sources of funds can subscribe to this account. It has a monthly return rate of 15% to 25% with a little level of trading risk. The minimum deposit needed in this account starts from $10000.
Executive Managed Forex Account
As the name suggests, it is the company’s premium account offered to people wishing to trade big lots. The asked deposit in this account is $20,000 with no risk at all. The company offers a monthly return of around 30% a month in this account.
Customer Support
Forex92 offers immaculate customer support to its clients round the clock. Clients are entertained in their preferred spoken language. People can contact the company using telephone, email and live chat.
Conclusion
After a detailed review of the company, we hereby conclude that forex92 is one of the most legitimate companies available around. It offers low risk managed forex accounts for low deposit requirements. It works with regulated brokers of the world and offers next level security to its clients’ funds. The company has expert staff available to trade on their behalf and brings them constant profits. We believe, people of chine should try this company for once at least.