Investment in forex can bring you quick returns provided that you know how to trade forex. In other terms, you must have a sound market knowledge and enough trading experience to safely sail your boat. However, those who do not have any idea about the forex need not worry. They also can invest their funds in forex to make crazy profits over a short period of time with the help of managed forex accounts. Today, we debrief the process of opening a managed forex account for Portugal Citizens and the benefits one can expect from managed forex accounts.
What Is Mean by A Managed Forex Account?
Managed forex account refers to a type of account in which investment from clients is managed by a team of expert forex traders. There can also be a single fund manager whom you can hire to trade on your behalf and bring you profits. However, companies offering managed forex account services are considered more secured from an investment point of view as compared to individual forex trader. Regulation makes them abide by certain rules and regulation which have been devised by respective regulatory authorities to safeguard clients’ financial interest.
Is It Legal To Open a Managed Forex Account In Portugal?
As far as the legal status of managed forex account in Portugal is concerned, then it is absolutely legal to open a managed forex account in Portugal. However, there are certain regulatory formalities that forex brokers need to go through before they can actually offer their services to Portugal citizens. In Portugal, the CMVM is tasked with regulatory affairs of the entities related to forex.
What Is “CMVM”?
The Portuguese forex regulatory body “Comissão do Mercado de Valores Mobiliários” looks after all the concerns related to securities and investment market in Portugal. The regulatory body defines the regulation procedure for all the concerned entities and makes them abide by the rules and regulations in place.
How To Open A Managed Forex Account?
To open a managed forex account you need to sign up with a forex broker. Remember, the forex market is full of brokers and there are a lot of scams as well. You need to be extra vigilant while signing up with any broker or company providing funds management services. The company may ask you to deposit the minimum balance in order to get started with it. Make sure that the company you sign upholds a regulated status from a reputable regulatory body.
Why Managed Forex Account? What Is the Benefit?
Managed forex account is an easy way to start trading forex right away. You don’t have to wait to become professional. All you need is to get registered with a company or forex broker which offers fund management services and you are done. Other benefits include;
- Managed forex accounts are quick to open and easy to handle
- Managed forex accounts are cost-effective and contain low risk
- Managed forex accounts enable clients to generate profits passively
- Managed forex accounts bring consistent monthly profits
- Managed forex accounts can easily be dissolved any time
Where I can find the Best Company Offering Forex Managed Account Services?
Finding the best company offering reliable forex managed accounts can be difficult at times. However, you can search them online using a computer or a device that supports internet. A search engine may suggest you multiple links to some of the top companies providing fund management services such as forex92. You can also consult various third-party vendor’s websites which keeps evaluating different companies and forex brokers from time to time and rate them according to the quality of service they offer.
What Is Forex92?
An investment management company providing investment solutions to its clients worldwide. The company was established four years ago and is headquartered in Limassol, Cyprus. Forex92 offers multiple investment solutions including managed forex accounts, capital rationing, investment portfolio, forex signals, and crypto managed accounts. The company has a team of industry experts and professional fund managers having years of trading experience. It works in collaboration with regulated brokers around the world ensuring maximum protection of clients’ funds. The company offers three types of forex managed accounts listed below;
Personal Managed Forex Account
Forex92 offers a personal managed forex accounts to small investors. People with limited funds available to invest in forex can opt for this account. The company offers 10% to 15% return on an investment of $1000 on monthly basis with a moderate level of risk in the personal managed forex account.
Business Managed Forex Account
Business managed forex account is reserved for business class at forex92.com. Corporate clients only need to deposit $10,000 to get started. The company offers smooth returns of 15% to 25% on clients’’ investment every month. The trading risk in a business managed account is comparatively low as compared to personal managed account.
Crypto Managed Account
Those who wish to invest in digital assets can open a crypto managed account with forex92. The company offers highest returns in crypto managed account which starts from 50% a month and can reach up to 100% depending upon the market conditions. Crypto managed accounts are risk-free.
Is Forex92 A Legit Company?
Forex92 is a legit company which is offering customized investment solutions to its clients all over the world for the past four years. The company works in collaboration with various reputed brokers of the world. All of them (brokers) have been regulated by different regulatory institutions such as ASIC, FCA, CySIC etc. The company also holds verifiable trading history which can be verified by accessing the company’s website at www.forex92.com
Customer Services
Forex92 offers multilingual customer services to its clients round the clock. The company allows its clients to establish a contact with the company using the following details.
- Telephone: +357-25123308
- Email:trading@forex92.com
- URL: www.forex92.com
Final Words
We reviewed forex92 thoroughly and found it as one of the best companies available around offering best-managed forex accounts. The company works in line with various regulated brokers of the world and offers low cost managed forex accounts with consistent monthly profits. The company also provides non-stop customer support through efficient complaint management solution. We believe the company worth opening a managed forex account with.