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Top 5 Benefits of Managed Forex Accounts

Published by Usman Ahmed, MBA (Researcher)

Reviewed by Bowen Khong, ACCA

Managed forex accounts are investment management solutions that are suitable for investors who lack experience. The managed forex accounts are handled by professional traders who generate steady profits for their clients.

Investors who lack forex knowledge and want to earn hassle-free profits should opt for managed forex accounts.

Let us discuss some main benefits of using managed forex accounts in detail;

1.   Steady Profits

The core purpose of any investment including Forex is to earn healthy profits. People invest their hard-earned money to get lucrative returns.

However, when an investor does not know the forex market basics, such as technical and fundamental analysis, then the investment can easily go down the drain. Instead of risking the hard-earned money, getting a managed forex account is much safer. You can invest only $5000 and take advantage of hassle-free returns every month.

In general, you might expect a minimum monthly profit return of between 10 and 20 percent without doing any research or spending time.

2.   Hassle-Free Earnings

Some Forex companies assure a certain profit level to the investors but charge a particular percentage of that sum as commission. 

When you have a managed forex account, professional traders provide their expert advice which helps in increasing the level of profitability. The Forex managed accounts are flexible, and investors have the option of pulling out their investments whenever they wish to.

3.   Dependability

Managed forex accounts are a lot more dependable than bonds or stock investments.

Investors are permitted to make an “Investor to Trader” transaction. This is a huge advantage for any investor since he or she does not have to spend time on market research, understanding trends, and other tiring activities.

Once you have a managed forex account, then you only need to monitor things without getting involved in day-to-day activities.  In other words, you can keep a check on your investments while paying attention to other priorities of life.

4.   Complete Clarity

Through a managed forex account, the trader, as well as the investor, attain complete transparency of what is happening.

More importantly, it is a safe investment alternative so both traders and investors end up in an advantageous position. Along with that, investors can expect to earn higher profit margins over time.

5.   Minimum Risk Involved

It is important to understand that Forex investment has various risks attached and new investors can lose money if they try to handle things without professional assistance.  

By getting in touch with a dependable Forex company, an investor can avoid all these risks.

A key advantage that investors get is that they can make investments without having prior knowledge of the Forex market. Although, buying managed account services from a Forex company is good but investors should not develop a blind trust.

They should keep an eye on the trading activities being performed by the managed account provider.

Leaving everything to the managed forex company without keeping any check can surely be risky.

In a nutshell, hiring a Forex company and getting a managed Forex account is a productive move. However, it is important to perform some research work before selecting the Forex managed account company.

Usman Ahmed, MBA (Researcher)
Usman Ahmed, MBA (Researcher)
Usman Ahmed is a currency trader and financial market analyst with more than 7 years of active trading experience. Besides holding a Masters degree in Business Administration, he has worked for some of the most renewed companies in the forex industry including FXCM, IQOption, MetaQuotes, Alpari, FXStreet, DailyFX and several others. Usman possesses strong technical analytical skills and is famous for his very own, informative and entertaining, writing style. He believes in naked chart trading analysis that is commonly known as price action trading. He follows global financial news and macro-economic events very closely.
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