managed forex account ?

Friday, June 13, 2014 , Posted by Ryanita at 10:57 AM




J D


i was wondering if i can open a managed forex account with a low budget and if it makes any sense and most important where can i do this


Answer
Be very careful with managed forex accounts Most of them Lose money I'm telling you because I've seen it. Just a precaution make an Extensive Due Diligence ask for at least 3 years of track record having in mind of course that past results don't guarantee future results. Have at least 5 to 10 possible managed account options so you can decide in the end the better one (if any).

What is a low budget to you? 5K, 10K? they are a few managed account that has a minimum 5 - 10K opening balance, others has 25K, 50K, 100K. I cant give you any recommendation because like you must perceive from my tone I don't know any successful managed account. Good Luck. (Remember it is soo easy to lose money).

Where can I open a managed forex account with only 10K USD?










Answer
For forex newbie, it's definitely a wise decision to go for a managed forex account. Although I personally still prefer to manage my own account.

To search for a managed forex account is not easy. It depends on your location. The best start is talk to your local banks, especially private banks. Most often, they do offer managed forex account services.

Good luck.




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