- Here you can compare leading managed FX providers
- We can help you find a managed FX provider to suit your requirements
- Quotes are completely free and there is no obligation to make a deposit
- Complete just one form to receive multiple quotes / performance reports
- It takes less than a minute
What Are Forex Managed Accounts?
Forex managed accounts are alternative investments that make it possible for the investor to invest in the lucrative forex market, without having to spend time learning and absorbing everything that goes with it, and also continually studying, monitoring and waiting for signals that will tell you to start the trade.
Once the decision has been made to invest in forex managed accounts, you will have to decide which company you will go with. This is far trickier than you would think. If you are fortunate enough to know someone that is investing in one already and they can recommend it, then that’s fantastic. If not, you will probably go straight onto the internet. There are dozens of options, hundreds perhaps, I know because I am looking all the time for some to invest in and review.
It’s not just a case of picking one that has a great return and hoping for the best. You might get lucky and choose a consistent and trustworthy one. In which case I would like to hear from you, thanks. However, to keep risks down to an absolute minimum, and there are risks, you MUST conduct thorough due diligence. Check out my due diligence page.
Once you have completed your assiduousness, you will have to sign up for the forex managed account that you have chosen. They are basically the same in the way that you complete the process of signing up and getting started. You can find out more about the process here. After you have been approved, signed your LPOA, funded your account and downloaded the platform, you will be able to see what is going on with your account.