Making money online has always been a source of fascination for many people around the world. Obviously, who doesn’t want to make crazy profits while sitting back in front of a PC and working from the comfort of their home? However, it doesn’t work for everyone, unfortunately. People have been witnessed going liquidated in all of a sudden during the market break down. Therefore, you need to have profound market knowledge and hands0n trading experience in order to survive the forex market. Inexperienced traders can opt for a managed forex account to stay safe. In this piece, we discuss how to open a managed forex account. But before that, let us give you a quick inside look of a managed forex account so you can understand it better.
What Is Meant By Managed Forex Account? How Does It Work?
Managed forex account is a type of investment account in which funds are deposited by investors and handled by professional traders on their behalf for an agreed sum of money due to be paid out of profits as per decided. Managed forex accounts are considered as a safe source of investment since the risk of trading loss in managed forex accounts is relatively low as compared to that of personal trading. Apart from that, managed forex accounts can easily be set up and quick to dissolve leaving it very easy for investors to start or quit trading as and when required.
Who Offers Managed Forex Account?
Managed forex accounts are offered by almost every forex broker these days. These can also be opened with some fund management companies. However, you need to be careful with your investment since the forex market is almost full of new brokers and most of them are suspected to be a scam. So, always make sure that the broker or the company you select to open an account with is regulated or should be working with regulated brokers at least.
Why Regulated Brokers? Does It Make Any Difference?
Yes, it does make a lot of difference. Signing up with a regulated broker offers you some sort of added assurance that your funds are safe. Regulation makes them abide by rules and procedures in place by various regulatory bodies. Regulated brokers usually keep clients funds’ with segregated bank accounts to avoid any financial abuse. In short, regulated brokers’ gives you the next level of confidence which unregulated brokers cannot even dare to match. The worst part is yet to come concerning the inability of filing a case against non-regulated brokers in the event of mistreatment.
What Is Forex92?
A company which is known for offering next level investment solutions to its clients worldwide. The company is based in Limassol, Cyprus. It has its regional offices located in different regions of the world including Australia, New Zealand, Hong Kong, North America, Asia and some parts of Eastern Africa. The company has a team of professional forex traders with years of trading experience and proven expertise. The company works with regulated brokers of the world thereby ensuring maximum protection of clients’ funds. The company offers multiple fund management services including forex signals, working capital management, and managed forex accounts. At times, forex92 offers three types of managed forex account including personal, business and crypto managed account.
Personal Managed Forex Account
The company offers a personal managed forex account for a minimum of $5000 investment Clients can expect a monthly return of 10% to 20% for a moderate level of trading risk. The account can be opened on there and then basis and becomes functional as soon as you deposit your funds into it. The management fee in this account is 30% of the earned profits.
Business Managed Account
Those who wish to trade big lots can sign up for a business account with the company by depositing a minimum of $10,000. The account has a low level of risk associated with it and offers a monthly return of 10% to 20%. The management fee charged in this account is 30% of the profits made in the business account. Usually, this account is offered to corporate investors but is not limited to a specific class. Instead, anyone can open it as long as all other pre-requisites defined by the company are being compliant.
Enterprise Account
The company also offers a premium account to its stakeholders for a minimum investment of $50,000. The account is classified as one of the most rewarding accounts with a monthly return ratio is more than 25% and the risk level is almost zero. Clients are also offered full-time customer support and one to one trading session with the company’s most experienced trader.
Is Forex92 A Scam?
No, forex92 is not a scam. It is a legit company working with regulated brokers of the world. The company holds an excellent trading history and keeps sharing its trading performance with its clients regularly. Customers can verify the trading performance of the company by visiting the company’s website following the link www.forex92.com.
Customer Services
Forex92 offers excellent multilingual customer services to its clients round the clock. The company is well known for offering quick complaint resolution. Clients visiting the company’s website from any part of the world are facilitated in their local language which helps clients to seek the exact information from the company without any inconvenience.
Conclusion
After a detailed review of the company, we hereby conclude that forex92 offers next level investment solutions to its clients. The company offers the world’s best-managed forex accounts services with guaranteed monthly returns for a lost cost of the management fee. Working with regulated brokers it ensures the safety of clients’ funds and provides full-time customer support to its clients. We believe people should try opening a forex account with it. It really worth their investment.