Managed forex accounts have gained enormous appreciation over the last few years. People were extremely annoyed from every day forex loses due to lack of trading experience of market knowledge. Managed accounts made things easier than ever before. It’s an easy investment opportunity that anyone can avail for a low cost. Today, we discuss efficiencies of managed forex accounts as well as their legal status in Italy.
What Is Mean by A Managed Forex Account?
In simple terms, managed forex accounts represent a passive investment in which funds provided by investors are taken care of by a team of fund managers for a pre-decided fee. Investors usually opt for managed forex accounts for two main reasons. Either they are quite busy that they are not been able to spare enough time to trade forex themselves or they simply do not have the required experience. Managed forex accounts help them get started right away without fearing the risk of severe losses.
Is It Legal To Open a Managed Forex Account In Italy?
Although, the laws concerning forex market in Italy are supposed to be somewhat rigid. But opening a managed forex account is absolutely legal in Italy. The Italian government only needs forex brokers to be registered with their national regulatory body to protect the public interest and to avoid fraudulent activities. The “CONSOB” is tasked to deal with forex entities in Italy.
What Is “CONSOB”?
Commissione Nazionale per le Societa e la Borsa (CONSOB) is the regulatory authority that is responsible to devise and implement laws and regulations for the concerned entities operating in Italy. The regulatory body keeps reviewing all the forex brokers and cancels out the license if any of them is suspected.
How To Open A Managed Forex Account?
Clients can open a managed forex account with a company offering managed forex accounts services. Usually, forex brokers or companies dealing in forex offers these type of accounts. You need to sign up with a broker or if this is a company then you are required to get registered with the recommended broker of the company. Once you are done signing up with it, you may be asked to fund your account as well. In the last, a contract shall take place whereby both parties involved need to agree on terms decided with mutual understanding.
Why Managed Forex Account? What Is the Benefit?
There are countless benefits of opening managed forex accounts and some of them are listed below
- Managed forex accounts can easily be set up and dissolve without going into any legal formalities
- Managed forex accounts are safe to invest in forex since they are traded by expert traders
- Managed forex accounts hold value for money since a minimum amount of profit is expected every month which surely exceeds the cost of management fee
- Managed forex accounts do not require investors to be involved directly
- Managed forex accounts don’t require investors to have previous trading experience or market knowledge of the forex world.
Where I can find the Best Company Offering Forex Managed Account Services?
Companies offering reliable managed forex account services can be searched online with the help of search engines such as Google, MSN, and Yahoo etc. All you need to make sure is that the company you select to open a managed forex account with is legitimate. It must be regulated or be working with regulated brokers at least such as forex92.
What Is Forex92?
Forex92 is a fund management company providing investment management services for the past few years. The company started its operations in 2014 ad ever since it is delivering high quality managed accounts services with a success rate of more than 90%. The company offers low cost managed forex accounts in collaboration with various regulated brokers of the world. The company has a team of professional forex traders and fund managers having a profound market knowledge and enough trading experience. The company offers three type of managed forex accounts at times which are listed below;
Personal Managed Forex Account
Clients who wish to start with low investment can sign up for a personal managed forex account with forex92. The company only needs a minimum of $1000 deposit in this account and offers a return of 10% to 15% of clients’ investment every month with a moderate level of trading risk.
Business Managed Forex Account
Forex92 offers business managed forex accounts to corporate customers. The company offers effective funds management solution to its corporate clients and offer them a monthly return of around 15% to 25 each month. The risk of trading loss in business managed forex account is relatively lower than that of a personal managed account. The minimum amount that needs to be deposited in business managed forex account starts from $10,000.
Crypto Managed Account
If you wish to invest in cryptocurrencies, crypto managed accounts may suits you better. Clients can get started with the company’s crypto managed forex account for $10,000 only. The company offers risk-free trading with a monthly return of up to 100% to its crypto managed account holders.
Is Forex92 A Scam Company?
No, forex92 is not a scam company. The company has thousands of satisfied clients all across the globe. It also holds an excellent trading history which itself speaks for its outclass performance. Clients are welcome to verify the trading history of the company by visiting the company’s official website www.forex92.com under “verified performance” tab.
Customer Services
Forex92 offers excellent customer support to its clients round the clock. The company ensures the availability of its multilingual customer support staff 24/7 to provide its customers in time services with efficient and effective complaint management system. The company can be reached on following details.
- Telephone: +357-25123308
- Email:trading@forex92.com
- URL: www.forex92.com
Conclusion
After a detailed review of the company, we hereby conclude that forex92 is one of the best companies offering managed forex accounts with consistent monthly profits. The company works with regulated brokers of the world and provides cost-effective funds management solutions to its clients. The company also offers full-time customer support which makes clients feel more interested to get started with the company.