Investment in forex can be fun when done with due care. A lot of traders join forex world every other day to make profits but fails. Have you ever wondered why? Well, there is not one reason that could be blamed. However, one of the major reasons of traders’ failure is the lack of knowledge of the forex market. Forex world is huge. It has a daily turnover of more than 5 trillion dollars a day. People with profound market knowledge and extensive trading experience sometimes find it difficult to survive the blows of the forex market. Therefore, if you are a beginner then it is always the best idea to start with managed forex accounts. Today we discuss all managed forex accounts and how to open them.
Who Offers Managed Forex Accounts?
Almost every forex broker is offering managed forex accounts these days due to their increased demand. However, it is not worth to open a managed forex account with any broker unless or until you are not certain about its reputation. Setting aside all the goods and bads of a broker, one thing you must not be compromised or overlooked when opening a managed forex account is the regulatory status of the company. It must be regulated by some reputable regulatory authority or it should have working terms defined with regulated brokers only.
Why Regulation Of A Company Is Important
Because regulation offers you some sort of assurance that your broker won’t ditch you. Funds with regulated brokers are considered safe since they are often held with A graded investment banks in segregated accounts. The regulation also enforces brokers to abide by all the rules and regulation in place by their respective regulatory authorities to protect investor’s interest and to avoid any financial misuse.
Where to Look For A Company Offering Reliable Managed Forex Account?
Finding a forex broker of a fund management company which has a good repute is not difficult nowadays. You can use the internet to check the credibility of a broker or a company you wish to open a managed forex account with. Many third part independent reviewers keep their website full of brokers and companies listing the best and worst brokers of the year. You can also filter the list by selecting various characteristics from the options given such as success rate, minimum deposit, leverage offered etc. You are safe as long as the company is legitimate such as forex92.
What is Forex 92?
Forex92 is a fund management company offering multiple investment solutions to its clients worldwide. The company offers best-managed forex accounts with sound monthly returns. It was established in 2014 and is based in Limassol, Cyprus. The company has its regional offices in almost all parts of the world. At times, it offers three types of managed forex accounts listed below.
Let’s have a quick look at each of them.
Managed Forex Account
If you are looking to start low, then personal managed forex account might work best for you. The minimum deposit of personal managed account is as low as $1000. The company ensures to bring clients a return of around 10% to 15% each month. However, since the risk of trading loss in personal managed forex account is a bit higher, therefore, the monthly return can be a little more or less.
Business Managed Forex Account
Clients aiming to start with bulky investment can sign up for a business managed forex account. It only needs them to deposit $10,000 to get started. The account offers a lot of features to its holders such as personal support manager, 24/7 access to customer support and low-risk profile. Clients can expect a monthly return of 15% to 25% on their investment,
Crypto Managed Account
People who prefer trading digital assets instead of fiat currency can sign up for crypto managed forex account. The monthly return in the crypto managed account is far greater than any other account being offered at forex92. Clients can get started with the crypto managed account by depositing $10,000 only. It is to be noted that this account doesn’t have any associated risk so clients can enjoy the real value for money.
Is Forex92 A Legit Company?
Yes, It is a legitimate company providing profit oriented best-managed forex accounts to its clients all around the world. The company works with regulated brokers only and holds an excellent trading record which is available to verify on the company’s official website. The company also offers quick customer support services to help clients sort out their issue on a timely basis. It has a large number of satisfied clients in almost every part of the world.
How To Get Started With Forex92?
Getting started with forex92 is as simple as you may perceive it. All you need to do is to follow the steps listed below and you are done.
- Go To www.forex92.com
- Select managed forex account and indicate your preference with regards to option available
- Fill in your basic details on the sign-up page of the company and select the broker of your choice from the drop-down list
- Fund deposit in your account and share a screenshot your funded account with the company
- Sign an agreement with Foex92 and share your MT4 login credentials with it.
That’s all.
Customer Support
Forx92 offers exceptional customer services to its clients round the clock. The company’s multilingual customer support staff remains readily available to assist clients in their preferred spoken language. Clients may contact the company using multiple methods available including the telephone, email and web chat service. The company can be contacted using the details mentioned below.
Final Words
After a detailed review of the company, we hereby conclude that forex92 is a genuine company offering profitable managed forex accounts to its customers for more than past four years. Working with regulated brokers, it ensures the maximum security of its clients’ funds. We believe people should definitely open a managed forex account with it. We hold a view that people would love it by heart.