Can You Get Someone to Trade Forex for Me, on My Behalf?
Can I get someone to trade forex for me, on my behalf? I hear you ask.
Yes you can.
In fact, paying someone to trade the forex market for you is a becoming a popular thing to do and increasingly more so as folk, like yourself, discover them. They are a relatively unknown investment, that historically have been only accessible to large financial institutions and investors with a lot of money behind them. With the advent of the internet and high speed broadband connections, they have become accessible to everyone.
You are probably wondering how it is done, well, I will tell you.
It is all very straightforward. First of all you don’t need to go out and find a trader for yourself, nor do you need to negotiate deals with the trader. No, it is all done for you. You end up paying the trader to trade for you but it is taken out of the profits that the trader makes for you.
This type of trading is called managed forex accounts trading, and you can read all about them on this site, starting here acorn2oak-fx.com/managedforexaccounts.html.
In summary though, this is what happens –
• You open up a forex trading account in your name.
• You fund the account.
• You give the trader an LPOA (Limited power of attorney). This enables them to trade your account for you.
• The trader makes the trades for you.
• The trader takes a performance fee from the profits. Usually 25% to 50%. Although I have found one that only charges 15%.
• You withdraw funds whenever you want to.
If you want to compare performance results and fees of providers that trade forex for you, follow the link below and fill out the form on the next page. You will receive up to 4 bespoke FREE quotes from top-ranking fund managers that best matches your requirements
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