Are you looking to invest in forex? Do you wish to make some quick profits? If so, investment in managed forex accounts can work great. Why? Because managed forex accounts are traded by professional forex traders having a sound market knowledge and handy trading experience. In this piece, an attempt is made to help people understand managed forex accounts better. Before we move further, let’s have a quick look at the forex market insights.
Forex market is a virtual online market where people trade financial instruments especially currency pairs. However, people can also access a wide range of tradeable instruments including indices, commodities, CFDs, and cryptocurrencies etc. It is known to be the most liquid market of the world. It has been estimated that the forex market undergoes a trading volume of more than 5.2 trillion dollars a day. Surely, it makes the market highly volatile and therefore riskier enough to invest in. A profound market knowledge and enough trading experience is, therefore, necessary in order to survive the ups and downs of such a fast-moving market.
What Can One Expect From Managed Forex Accounts?
Besides expecting some quick profits, you can expect many benefits from managed forex accounts, some of them are listed below. Please have a look at them;
- Managed forex accounts are user-friendly. Even a layman can open a managed forex account without any inconvenience. Investors don’t have to get involved in a managed forex account actively, instead, a passive approach to keep an eye on the overall trading performance of the account is fine enough. You only need to collect your profits in a pre-decided proportion by the end of the month.
- Managed forex accounts provide value for money. Essentially, they are opened with a view to be economical, efficient and effective. In managed forex accounts, you only have to incur a nominal fee in respect of the services being offered by the company managing your investments. Forex money managers ensure to follow the best trading opportunities to make your account grow fast.
- Managed forex accounts are less risky. The level of risk in a managed forex account is comparatively low as compared to manual trading. Obviously, forex money managers are supposed to have years of experience and profound market knowledge which even a rationale investor might lack. Secondly, you are the one who is wholly solely responsible for any loss. On the other hand, the company managing your investment might provide you some sort of compensation if found guilty for any negligence.
- Managed forex accounts act as a consistent passive source of income. Returns from managed forex accounts are verily high than any other sort of investment. You are not required to inject more capital either. Just grab your profits and wait to have some more.
- Managed forex accounts are for everyone. They are opened for two reasons, either an investor is a novice or he/she may simply don’t have enough time available to trade forex themselves. In short, it just doesn’t matter if you are experienced or new to the industry, managed forex accounts are the best source to generate you quick profits without incurring major risks.
Who Offers Managed Forex Accounts?
Managed forex accounts are usually offered by forex brokers. However, some finance and investment management companies, as well as individual forex traders having years of experience in the forex world, may also be reached to have your investment managed by them. Remember, opening a managed forex account with some regulated forex broker or a company working with forex regulated brokers is better than to open a managed account with individual forex traders. Companies are bound to follow rules and regulations in place by their respective regulatory authorities. However, individuals can’t be regulated, hence, a riskier option for investment purposes.
How To Locate A Company Offering Best Managed Forex Accounts?
Companies offering best-managed forex accounts can be found over the internet. People can use search engines to have their keywords searched or they can simple consult some third-party independent reviewer’s website to know which companies have been rated the best so far. Good ranking helps you to have an idea about the legitimacy of the company you may wish to invest with. You can also go looking for its regulation status. If the company is regulated by some reputable institution such as ASIC, CySEC, and FCA, then it is probably the one you were looking for. You may also consider forex92 to open a managed forex account.
What Is Forex92? Does It Offer Managed Forex Accounts?
Forex92 is a financial services providing company that offers financial and investment management solutions to its clients all over the world. The company was established in 2014 and is based in Cyprus. The company has a team of professional forex traders, investment specialists and technical analysts having an experience of more than 10 years in the same industry. The company offers realistic returns on clients’ investment every month. Investors can expect a return of more than 15% on their fiat currencies managed forex account whereas an ROI between 50% to 100% is offered on crypto managed accounts.
Is Forex 92 a Scam?
No forex92 is not a scam. It is a legitimate company working with the world’s most trusted brokers which have been regulated by various regulatory bodies all across the globe. The company is well known for its excellent trading performance which can be verified by accessing the official website of the company. The company keeps its clients well informed concerning its latest trading performance so the element of trust between customers and the company remains intact.
How To Get Started With Forex92 Managed Forex Accounts Service?
Getting started with forex92 is simple. Just follow the steps mentioned below and there you are done.
- Go to www.forex92.com
- Select “Managed Forex Account” by clicking at the second option available at the top middle of the page
- Select the broker from the list of available brokers
- Fund your account with $1000 at least
- Sign a written formal contract with the company
- Share your MT4 login credentials with the company
Customer Services
Forex92 provides excellent customer support to its clients round the clock. The company is reachable even on weekends. Clients may contact the company through telephone, email and web chat interface. To establish a contact with the company, the following details can be used.
Tel: +357-25123308
Email:trading@forex92.com
Web: www.forex92.com
Conclusion
After a detailed review of the managed forex accounts, it is concluded that managed forex accounts are definitely the best place to invest in and can be an extremely beneficial source of income for investors wishing to make quick profits. The only thing needed is to open a managed forex account with some reputable company such as forex92 which doesn’t only offers world’s most reliable, low-cost managed forex accounts together with consistent monthly profits but also provides excellent multilingual customer support to its clients.