Managed forex accounts are considered one of the best methods to invest in forex. Since forex trading involves hands-on trading experience and in-depth market knowledge, therefore opening a managed forex account saves you from all such pre-requisites. However, you must open a managed forex account with a reputable company or broker as due to the increased popularity of managed forex accounts, many scam entities have also started taking part in forex. You need to be very careful with your money while selecting a company to open a managed forex account with. In this piece, we discuss how managed forex accounts can help UK Citizens to achieve their financial goals.
What Is Mean by A Managed Forex Account?
It’s a type of investment account which is managed by professional traders on behalf of investors for a pre-decided fee. In managed forex accounts, traders are given a limited access to investors’ funds so they can bring investors a handsome amount of returns. It is to be noted that managed forex accounts are absolutely safe as far as the access to clients’ funds is concerned. Traders cannot withdraw funds or use them for any purpose other than trading.
Is It Legal To Open a Managed Forex Account In the United Kingdom?
Yes, forex managed accounts are legal in the UK. There are many active organizations which keep defining operational procedures for the business sector. While opening a managed forex account with any company or forex broker you must need to confirm if it is regulated by the concerned authority such as FCA or not. This is to avoid any sort of inconvenience in the future. Because, if by chance you end up opening an account with a non-regulated broker, you cannot even file a case against them in the consumer court for any financial abuse.
What Is FCA?
The Financial Conduct Authority (FCA) together with the Financial Service Authority (FSA) takes care of the financial conduct of entities entrusted with the public money. FCA regulates all forex brokers to act in the best interest of public thereby avoiding any financial abuse. The regulatory authority keeps defining a code of conduct for all relevant entities from time to time requiring them to adhere to the stipulated rules and regulation in order to continue working within the UK’s jurisdiction.
How To Open A Managed Forex Account?
Managed forex accounts are usually offered by forex brokers or fund management companies in collaboration with various brokers worldwide. To open a managed forex account you must sign up with such companies or brokers. After locating a company that fits your needs, you can open a managed forex account with them following a contract whereby you and the entity providing financial management services are bound to abide by all those terms and conditions stipulated in that agreement.
Where I can find the Best Company Offering Forex Managed Account Services?
Today, finding a reliable company offering best forex managed account services in no more difficult. You only need a PC or a tablet device connected to the internet to do so. Following your search over the internet, you may find a number of companies offering investment management solutions. You can also consult different credit rating websites which hold a record of various good and bad reputed firms in this regard. Remember, opening a managed forex account with a reliable company such as forex92 can only bring you smooth returns.
What Is Forex92?
Forex92 is a fund management company which offers smooth investment returns to its clients every month. The company is well known for its outclass financial management services. Forex92 is headquartered in Limassol, Cyprus. Its regional offices are located worldwide to work in line with the country’s legislation in which it operates. The company accepts customer from every part of the world including the United States. Forex92 works with regulated brokers and has a team of expert forex traders and experienced money managers to offer clients smooth returns on a consistent basis.
At times, the company is offering three types of managed forex accounts listed below;
Personal Managed Account: It is one of the simplest accounts that the company offers. Clients with the availability of limited funds are offered the personal managed accounts with a moderate risk management and 10% to 15% monthly profit on their investment.
Business Managed Account: As the name suggests, this account type is reserved for the corporate sector. Companies interested to open an managed forex account with the company can sign up for a business managed account at forex92 by depositing a minimum of $10,000 only. The company offers limited risk assurance altogether with a return on 15% to 25% on monthly basis.
Crypto Managed Account: Traders wishing to trade cryptocurrencies are offered a crypto managed account whereby high monthly returns and risk-free investment opportunity welcomes them with open hands. Clients holding a crypto managed account with the company can expect an ROI of 50% to 100% each month.
Is Forex92 A Legitimate Company?
Yes, forex92 is a legitimate company offering sound financial management services to its clients worldwide for the past four years. The company has evolved as a trusted name for thousands of clients all across the globe. It holds excellent trading record which can be verified by accessing the company’s official page www.forex92.com under “verified performance head”. It works in collaboration with only regulated brokers.
Customer Services
Forex92 provides full-time customer support to its clients. The multilingual customer support staff remains readily available to provide in time customer services to clients visiting the company through phone, email or live chat. To establish contact with the company, the following details can be used.
- Telephone: +357-25123308
- Email:trading@forex92.com
- URL: www.forex92.com
Final Words
After a thorough review of the company, we hereby conclude that forex92 offers excellent investment opportunities with a low balance requirement and consistent monthly returns. The company works in collaboration with trusted brokers of the world and provides full customer support round the clock. We believe people should try it for once for sure.