Are you looking to invest in forex? Do you have limited funds available? If so, we suggest sign up for a managed forex account. Why? Because you need to have a lot of trading experience and sound market knowledge before you start making reasonable profits out of forex trading. In case you are inexperienced, you may not have the chance to stand unaffected with abrupt price changes that make a part of a normal routine of the forex market. Forex market is known as one of the highest liquid markets of the world which has a daily turnover of more than 5.3 trillion dollars. Therefore, it is way better to go for a managed forex account unless you become proficient enough to trade forex on your own. Today, we discuss how to find a company offering managed forex accounts online? Before we move ahead, let’s have a quick look at how managed forex account work?
What Is Meant By A Managed Forex Account?
Managed forex account is a type of investment account which is managed by a team of professional forex traders on behalf of clients for a pre-decided management fee. A managed forex account is usually opened by investors who are relatively new to forex trading. However, sometimes even professional traders go for managed forex account due to having no spare time available to trade forex themselves. Managed forex accounts are considered as a safe way of investment in forex since it allows you to decide the level of risk you wish to incorporate. Also, you can ask your fund managers to follow a certain money management strategy. Just make sure that the company you open a managed forex account with is regulated by the “FSA”.
What Is “FSA”?
The “FSA” stands for “Financial Supervisory Authority of Sweden” which regulates all financial companies and forex market in Sweden. The entity defines regulations for all concerned companies and financial institutions and thereby controls them through the country’s legislation.
How To Open A Managed Forex Account In Sweden?
To open a managed forex account in Sweden, you need to sign up with a forex broker. A fund management company can also be considered for account opening purposes provided that it works with reputed brokers of the world and should have been regulated such as forex92. Once a broker or a company is decided, you can undergo signing a contract with the company concerning the profit allocation purposes. The company may then ask you to fund your account and share your MT4’ login credentials with it so it may start placing trades in your account.
What Is Forex92?
Forex92 is an investment management company known for its low-cost profit oriented managed forex accounts. The company is in the business for the past four years and is successfully keeping the level of its services up to the mark. The company is headquartered in Cyprus with its sub-offices being located worldwide. It has a team of experienced fund managers and professional forex traders with years of trading experience and profound market knowledge altogether with proven trading skills. The company offers smooth monthly returns to its clients following appropriate risk management model.
What Type Of Managed Forex Accounts Are Available At Forex92?
There are three types of accounts being offered at forex92.
- Personal Managed Forex Account
- Business Managed Forex Account
- Crypto Managed Account
Personal Managed Forex Account
Forex92 offers a personal managed forex account to investors who wish to start low. It is, in fact, a perfect choice for customers who are new to forex trading. With low deposit requirement, clients can expect a return of 10% to 15% a month for a moderate level of risk. Clients can sign up for a personal managed account by accessing the official website of the company following this link www.forex92.com/managed-forex-accounts
Business Managed Forex Account
Businesses looking to invest in forex are offered a business managed forex account at forex92. The company offers a low-risk business managed account to the corporate sector. The minimum amount that needs to be deposited in business managed forex account starts with $10,000. The trading risk in business managed forex account is relatively lower as compared to that of a personal managed account. Clients can expect a return of
Crypto Managed Account
Clients who are interested in trading digital currencies can sign up for a crypto managed account with the company. The minimum deposit in crypto managed account starts from $10,000 only. The trading risk in a crypto managed account is almost zero and clients can expect a higher rate of return in crypto managed account which varies from 50% to 100% on monthly basis.
Is Forex92 A Legitimate Company?
Yes, forex92 is a legitimate company. The company has started its operations back in 2014 and ever since it is successful in delivering extraordinary funds management solutions to its clients all across the globe. The company maintains a log of its trading history and keeps sharing with its clients under the verified performance tab at www.forex92.com.
How To Get Started With Forex92?
Getting started with forex92 only needs a few steps to follow;
- Visit the company’s official webpage at www.forex92.com
- Select managed forex account and indicate a type of account you wish to open
- Select a broker of your choice after filling in your basic details on the sign-up page
- Deposit minimum funds into your account are per your selected account type
- Sign an agreement with the company and share your trading password with it
That’s all
Customer Support
Forex92 offers excellent multilingual customer support to its clients round the clock. The company has provisioned three different methods for its clients to come into contact with the company including telephone, email, and web chat. Clients who wish to talk to the company’s representatives may call at +357-25123308. Those who prefer to have email communication can send their queries at trading@bestmanagedforexaccounts.com. The live web chat feature is also accessible through the company’s homepage.
Conclusion
After a detailed review of forex92, we hereby conclude that it is undoubtedly one of the best fund management companies in the market. Forex92 offers low cost managed forex account with consistent monthly profits and is potentially safe for investment purposes.