Investment in forex can be extremely fascinating if done wisely. Today, many forex traders have become a millionaire by following the right strategy. However, this can’t be a blink of an eye to becoming a millionaire especially when you talk about the highly volatile forex market. You need to have a lot of trading experience and sound market knowledge before you start trading like a pro. Wait, this doesn’t mean that you cannot invest in forex if you don’t have any previous trading experience of knowledge about how the forex market behaves. Alternatives are always there, inexperienced forex traders can sign up for a managed forex account to start making profits from day one. Today, we debrief all about managed forex accounts and how you can open them easily in Norway?
What Is A Managed Forex Account?
A trading account opened by investors but managed by professional forex traders on investors’ behalf to generate them profit for a fee. Managed forex accounts are in most cases opened by novice traders who have little or no idea about forex trading. However, sometimes advance level traders also show their interest in opening a managed forex account because of having no time available to trade themselves. The trading risk in managed forex account is relatively low as compared to personal trading. The company you have opened an account with would make its best fund managers to handle your investment. To cut a long story short, managed forex accounts are traded with extreme care following best trading practices and risk management models.
How To Sign Up For A Managed Forex Account In Norway?
Signing up for a managed forex account in Norway is quite an easy task to do. Just find a forex broker or an investment management company offering managed forex accounts services online and you are done. Wait, you may also need to confirm if the company or the forex broker you have selected for account opening purpose is legitimate such as forex92. You can check the regulation status of the broker and in case it’s a company it should be working with regulated brokers of the world. If you are able to find enough evidence which confirms you the legitimacy of the broker or the company, then go ahead to sign up for a managed forex account with it, otherwise, it’s better to stay away.
What Is Forex92? What Services Does It Offer?
Forex92 in a fund management company offering managed forex accounts to its customers worldwide. The company is in the business for more than past 04 years and is successfully providing profit oriented services of managed forex accounts. The company has its head office located in Cyprus. It also provides full-time customer support to its clients to help them known the information they seek on a timely basis. Together with other services such as forex signals, investment, and portfolio management, working capital management, it offers three types of managed forex accounts mentioned below;
Personal Managed Forex Account
It is the simplest investment account being offered at forex92. Clients can expect a return of up to 15% per month. The company incorporates risk-averse trading strategies to keep the trading risk up to minimal level, however, the risk of loss in a personal managed account is a little higher compared to the other types of managed forex accounts. The minimum amount that needs to be deposited in personal managed accounts starts with $1000 only. The company charges a flat rate of management fee which equals 30% of the profit earned in the account. It is to be noted that no fee is charged in case of a loss occurs.
Business Managed Forex Account
Forex92 offers business managed forex account to corporate clients. In this type of account, the minimum investment starts from $10,000. Clients are offered a return of 15% to 25% each month with a little risk of loss. The company offers a business account to its corporate clients seeking investment opportunities in forex for their reserve funds. The trading risk offered in business managed forex account.
Crypto Managed Forex Account
In a crypto managed forex account, clients are offered a risk-free investment opportunity for a minimum deposit of $10000. Clients can also enjoy the benefit of personal assistance from an expert account manager and have one to one trading session with him concerning the maximization of the account’s profitability.
Is Forex92 a Scam?
No, forex92 is not a scam company at all. The company works with regulated brokers of the world and has been marked as a safe investment company by various independent credit rating companies. The company also holds an excellent verifiable trading record which can be verified by visiting the company’s official web page using this link www.forex92.com.
How To Get Started With Forex92?
Getting started with forex92 only needs you to follow few simple steps mentioned below;
- Visit www.forex92.cim
- Select managed forex accounts and chose the type of account you wish to sign up for
- Select your favorite broker from the drop-down list and fund your account
- Share the screenshot of your funded account with the company and sign a contract with it
- Share your login credentials with the company so it may start trading on your behalf right away.
Customer Support
Forex92 offers multilingual customer support to its clients round the clock. The company has provisioned various methods for its clients to establish contact with the company. Clients can use the following details to contact the company.
- 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 can be a good option to invest your money into forex as far as the security of your funds and a high-profit ratio is concerned. The company works with regulated brokers only which even adds more credibility to the company’s profile. We suggest people give it a try.