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Looking For Low Minimum Managed Forex Accounts ?
One of the reasons that potential independent individual investors are deterred from investing in a managed account is the quite large minimum starting capital of $10,000 that is required. This amount is on the limit of being just about affordable by practically everyone.
I am looking at another managed forex account with a low minimum entry point of $5,000 dollars. Cutting the minimum by 50% ($5,000) is fantastic news for potential investors. It enables them to dip their toes in the water to see how the account performs before possibly investing more money into the account.
Read about this account here acorn2oak-fx.com/managedforexaccounts/reviews.html
The great thing about this account is the way it performs. The trading history of the trader is superb and he has proved his ability for a long time. His previous year’s profit exceeded well over 600% and he has a super low performance fee of 15%.
I am not investing into this account for the time being because I want to see it in action for a while, to see if it continues to perform the way it has been over the last couple of years. You can follow its progress by clicking on the link above. You can also enter your email address so that when I have more information, I will send out some details to you.
I don’t understand why more managed forex companies don’t lower their minimum opening limit. It makes total sense to me. They would get a lot more clients start an account with them, they could prove that they are a quality company which would give the client the confidence to add more funds to their account.
I have started to see better offers lately, offers that can draw potential investors in. One that I was looking at was a guaranteed account. The company would guarantee the account so that if it went into drawdown after two years, the company would make up the difference, if the client wanted to get out of the account that is.
I think that is the way managed accounts may be heading. There was a time when investors needed hundreds of thousands of dollars to start an account. Over time, that came down to ten thousand dollars. Now with the abundance of accounts to choose from, companies are having to compete harder with each other and that means better offers for future clients.