Trading the forex and making a lot of money fast can become reality when you take up the challenge seriously. Setting aside all the beliefs that you might have developed so far concerning the failure or success in the forex market, you need to be realistic. Nothing in the world is certain, you may well be making extensive profits from the forex in relatively a short period of time whereas as you might lose all of your investment in all of a sudden. Forex market is considered one of the world’s most volatile markets having a daily trading turnover of around 5.3 trillion dollars. So, what best you can do is to seek professional assistance for investing your money into the forex. Go for managed forex accounts, and you can home reasonable profits really quick without putting your investment on a greater risk of loss.
Regulation in the UK
As mentioned above, the forex market undergoes a huge transactional volume daily, therefore, there is a high chance that looters and scammers keep looking to find a loophole so they can manipulate clients’ funds. In the past, several incidents have been reported where clients were ditched by their brokers. Owing to the need of providing a security to clients’ investment, concerns finally decided to incorporate supervisory bodies to ensure funds’ maximum protection. In the UK, the Financial Conduct Authority (FCA) was made responsible to keep a check and balance on all financial intermediaries and institutions which are entrusted with the public money.
What Is Meant By Managed Forex Accounts? What Purpose Are They Opened For?
A type of account in which professional forex traders and money managers are made responsible to manage your funds is known as managed forex account. Investors hire industry’s expert to trade on their behalf for a fee. This arrangement usually follows a contract signed by both parties for a mutual interest. Companies offering managed forex accounts or traders managing your investment receives their share in respect of providing management services from the profit earned. While the rest of the profit goes to the account holder. Managed accounts are basically opened for having some quick profits without getting involved actively in the forex and therefore reducing the risk of loss that might have been far greater in case of personal trading.
Who Offers Managed Forex Accounts In UK?
Forex brokers and entities providing funds management solutions offer managed forex accounts normally. However, individuals with previous trading experience can also be approached to get your funds managed by them. This might be a little risky as compared to a company. Companies providing managed forex accounts services are supposed to have been regulated by some prestigious regulatory body such as ASIC, CySEC, and FCA. Individuals might not have any regulatory restriction imposed on them and therefore if something happens unexpected, your investment is likely to be on stake.
How To Find A Company Offering Best Managed Forex Accounts In UK?
The forex market has almost been full of brokers and financial intermediaries making it very difficult for you to decide which company to go for. However, there are several ways that can help you solve this riddle. You can use the internet to find out the best company offering reliable managed forex account in the UK. Some third-party independent reviewers’ websites can also be referred to establish an idea whether the company you wish to invest in worth opening a managed forex account with or you should probably stay away from it. A company which is known to have a reputable background such as forex92 can be the best source to start with.
Forex92? What Is It? Does It offer Managed Forex Accounts In UK?
It is an investment oriented company which provides fund management solutions to its customers all around the world. The company is in the business for the past four years and have done quite well to date making thousands of customers satisfied with their excellent result oriented managed forex accounts. It is based in Limassol, Cyprus with its sub-offices being located worldwide. The company works with most reputable brokers of the world and offers consistent results to its clients on monthly basis. Forex92 has a team of forex experts and money managers having proven trading skills and extensive experience in the same industry. The company also provides investment opportunities in cryptocurrencies together with managed forex accounts in the UK.
Is Forex92 A Scam?
No, forex92 is not a scam. It is indeed a fully recognized legitimate company providing funds management solutions to its clients for the past few years. The company holds an excellent reputation amongst its clients all across the globe. It has shown marvelous trading performance in the recent years which can also be verified by visiting the verified performance tab available at www.forex92.com. The company offers consistent monthly returns to its clients such that a 12% to 25% of return is offered on managed forex accounts whereas more than 50% return is offered to clients in managed crypto accounts.
How To Subscribe Managed Forex Accounts In Australia With Forex92?
Anyone wishing to subscribe the managed forex accounts services of the company may do so by following the simple steps mentioned below
- Visit www.forex92.com
- Select “managed forex account” from the services available
- Select the broker of your choice from the drop-down menu which becomes available after entering your basic details on the sign-up page
- Fund your account with $1000 at least
- Sign an agreement with the company and share your MT4/MT5 credentials with it.
Customer Services
The company is well known for providing full-time customer support to its clients. Clients are facilitated in various different languages of the world 24/7 at forex92.com. The company can be reached even on weekends. Clients can contact the company using the details mentioned below.
Tele: +357-25123308
Email: trading@forex92.com
Final Words
After a careful review of the company, it is concluded that forex92 is truly a legitimate company offering managed forex accounts in the UK. The company works with regulated brokers of the world and provides customer support to its clients round the clock. It holds a verifiable trading history which even adds an additional layer of credibility. The company’s low-cost managed forex accounts and expert team of traders leaves no reason for not trying it for once at least.