Managed forex accounts are becoming increasingly popular worldwide due to their quick profit-making potential. Investors don’t need to be proficient in forex trading to sign up for a managed forex account. All you need is invest your money into forex by opening up a managed forex account with some reliable company.. Before we go further, we would like to give you an overview of how managed forex accounts actually work?
What Is A Managed Forex Account? How Does It Work?
Managed forex account is a type of investment account which is opened by investors wishing to trade forex. The account is managed by professional traders on behalf of investors for a pre-decided management fee. Usually, managed forex accounts are opened by inexperienced traders who do not have any previous trading experience, market knowledge, and relevant expertise. However, during the last couple of years, many proficient traders have also been witnessed opening a managed forex account due to lack of timings to trade forex personally.
Managed forex accounts working is so simple. Once the account opening process is completed and funds are deposited in the account, investors are required to sign an agreement with the forex broker or company offering funds management services with regards to profit sharing percentage as well as the authorization of user’s MT4 account for the trading purpose. The profits are distributed between both parties at the end of each month following the sharing ratio as per decided.
Is It Legally Allowed To Sign Up for A Managed Forex Account In Iceland?
Yes, signing up for a managed forex account is legally allowed in Iceland. The government of Iceland has stipulated certain rules and regulations for forex brokers thereby requiring them to follow those rules and regulation strictly in order to keep working within in the Jurisdiction of Iceland. The “FSA” in Iceland takes care of all forex related concerns in Iceland.
What Is “FSA”
The Icelandic Financial Service Authority is denominated by the abbreviation “FSA” which is responsible for devising operational procedures and rules concerning investment and securities market in Iceland. The regulatory body ensures to develop an application framework for all forex brokers and finance oriented companies and keeps tracking their activities in order to avoid any financial irregularities.
How To Find A Reliable company offering Managed Forex Account in Iceland?
Finding a reliable company offering managed forex accounts is not that difficult, all you need is to use a computer, a laptop or a mobile device that supports internet connectivity. With the help of a search engine, you can easily find hundreds of links to various funds management companies offering best-managed forex accounts services. However, due to an increased number of forex brokers and companies hitting the forex market every other day, you need to be careful with your investments. Most of the companies are good for nothing. Therefore, you need to make sure that the company you are going to sign up with is legitimated such as forex92.
What Is Forex92?
Forex92 is a profit-oriented fund management company dealing in forex trading for the past four years. The company was established in 2014 and since then it is continuously providing reliable investment solutions to its clients worldwide. The company has its head office located in Limassol, Cyprus. It works with regulated brokers of the world to ensure the maximum safety of clients’ funds. The company has a team of professional forex traders and investment specialists which help investors to double their investment in relatively a short time period. The company also offers non-stop customer support to its clients to maintain a healthy and long lasting business relations with its customers.
Is Forex92 A Legitimate Company?
Yes, forex92 is a legitimate company offering world-class funds management solutions to its clients since its inception. The company works in collaboration with the world’s most trusted brokers and holds an excellent trading history which can be verified by visiting the company’s official website wwww.forex92.com. The company offers low cost managed forex account with consistent monthly profits to its clients every month.
How To Sign Up For A Managed Forex Accounts With Forex92 In Iceland?
Customers living in Iceland may need to visit the official website of the company following the link www.forex92.com and follow a few simple steps enlisted below;
- Select the account type you wish to sign up for by clicking managed forex accounts services.
- Select the broker of your choice after filling the basic information on the signup page.
- Deposit funds in your account as per requirement of the company
- Share a screenshot of your funded account with the company using the online contact form which can be accessed by clicking the contact us tab.
- Sign a contract with the company and share your MT4 login details with it so it may start trading your account right away.
Customer Support
Forex92 offers 24/7 customer support to its clients in various languages of the world. Clients visiting the company’s website are facilitated with great care. The company has provisioned three modes of communication for its customers to establish a contact with the company including a telephone line, email and a live chat. To contact the company following details can be used.
Final Thoughts
After an in-depth review of the company, we hereby conclude that forex92 is one of the best funds management company available around. The company is providing consistent monthly returns to its clients for a low-cost management fee. The customer staff is very friendly and easily accessible round the clock. Forex92 works with regulated brokers to protect its clients’ from any potential theft which is indeed a great motivation for investors to sign up for a managed forex account with it without any delay. We believe, people should try investing with forex92 for once at least.