Managed forex accounts are considered as one of the best sources to invest in forex owing to risk level prevails in the forex market. As a matter of fact, the forex market is known to have the highest volatility level as compared to any other financial market. This is why your investment becomes more vulnerable to the risk of loss if you are inexperienced. However, it doesn’t mean that investors with little or no experience cannot invest their money into forex. There is an alternative method of investment commonly known as managed forex account. People can sign up with a company offering funds management services and have their investment managed by industries top professional traders. The only thing that needs to be taken care of is the scrutiny of the company that you have decided to open a managed forex account with regards to its regulation status. In this piece, our discussion will revolve all around managed forex accounts.
Forex Regulatory Body In Finland
The Finnish Financial Supervisory Authority (FIN-FSA) is the regulatory body in Finland which is tasked for monitoring not only the financial sector but the forex market. The entity defines operating procedures for the companies to follow thereby requiring them to abide by rules and laws in place in order to keep offering their services to Finish Citizens.
What Is A Managed Forex Account?
Managed forex account is kind of an investment account which help investors to generate a smooth stream of passive income without getting involved in forex trading directly. In managed forex account funds are traded by professional traders on behalf of investors following best trading practices for a pre-decided fee. Usually, people with the least trading experience sign up for managed forex accounts, however, those having no time available to trader forex can also receive sound financial benefit by opening a managed forex account.
How To Find A Reliable Company Offering Best Managed Forex Account In Finland?
Companies offering managed forex accounts in Finland can be searched online with the help of a search engine using a pc or mobile device connected to the internet. There are a lot of companies that can be referred to check the credit rating of the company you wish to open a managed forex account with. The most important thing that you must not forget to check is the regulatory status of the company. It should be regulated by some authentic regulatory body such as ASIC, CySEC, and FCA, etc.
Why Regulated Companies Should Be Preferred To Open A Managed Forex Account With?
Regulation makes companies responsible to act in the best interest of its investors. In other words, regulatory authorities keep checking companies dealing with the public money thereby ensuring that concerned companies are following the rules and regulations in place and that the public money is kept with great care preferably in segregated bank accounts so that any potential financial fraud can be avoided. As far as non-regulated companies are concerned, you may not be able to even file a case against them in an event of financial abuse. Always sign up with a regulated company such as forex92.
What Is Forex92?
Forex92 is an investment management company which offers fund management services to its clients all across the globe. The company was incorporated in 2014 and is based in Cyprus. The company has a team of professional forex traders having years of experience and extensive market knowledge. It offers consistent monthly returns to its clients and provides full-time customer support. The company works with regulated brokers of the world which have been regulated by the world’s most prestigious regulatory bodies such as ASIC, FCA, and CySEC. It is specialized in offering managed forex accounts and offers three types of managed forex account to its clients depending upon their individual needs.
Let’s have a look at each of the managed forex account offered by Forex92
Personal Managed Forex Account
Clients with limited funds available to invest can sign up for a personal managed forex account with forex92. The company offers a moderate level of risk management services to its personal managed forex account holders with a smooth return of 10% to 15% a month. The company also offers full customer support to clients round the clock. The minimum funds that need to be deposited to sign up for the personal managed forex account start from $1000.
Business Managed Forex Account
Forex92 also offers a business managed forex account to its corporate clients. The account can be opened for a minimum investment of $10,000. The company offers a return of around 15% to 25% to its corporate clients with a lower level of risk as compared to the risk level offered in a personal managed forex account.
Crypto Managed Account
Owing to the need of all stakeholders the company offers its clients an opportunity to invest in cryptocurrencies as well. Clients can invest in cryptocurrency managed account and generate even a higher percentage of monthly returns which starts from 50% to 100%. The minimum amount that needs to be invested in a crypto managed account is $10,000. A personal account manager is also offered to clients holding a crypto managed account with the company.
Is Forex92 A Scam?
No, it is not. Forex92 is a legitimate company offering funds management solutions to its clients for the past four years. The company holds an excellent trading history which it keeps sharing with its clients regularly. Those who wish to verify the company’s trading performance can visit the verified performance link available at www.forex92.com.
Customer Services
Forex92 is well known for offering excellent customer services round the clock. The company provides multilingual customer support to its clients through three different communication mediums including telephone, email and web chat. To establish contact with the company, the following details can be used.
- Telephone: +357-25123308
- Email: trading@forex92.com
- Web: www.forex92.com
Final Words
After a detailed review of the company, we hereby conclude that forex92 is a legitimate company working with trusted brokers of the world. The company has an effective risk management procedure in place and offers smooth monthly returns to its clients.