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Forex Managed Accounts Explains About Managed Forex Accounts
Forex Managed Accounts Explains About Managed Forex Accounts
Forex Managed Accounts, a company that handles managed forex accounts Company, offers to explain about the service in detail
Dublin 2,
Dublin,
Ireland
(prbd.net)
07/07/2011
Forex managed accounts, a Dublin based company that handles Managed forex accounts for forex investors explains about the service and how is it likely to benefit the investor.
“Managed forex accounts are different from the typical mutual or hedge funds as here the investor is in complete control of the investment. The account is in the name of the investor, and funds cannot be co-mingled with other investors. The investor can choose to redeem all or part of his funds in a single day. The trader only has the right to trade through a master account using PAMM, LAMM or MAM software,” says the spokesperson for Forex Managed Accounts.
In fact the trader cannot even deposit or withdraw funds from the account of the investor. The investor can, however authorize to do so. The investor can allow the trader to trade, through a Limited Power of Attorney or LPOA, which can be revoked at anytime if the investor isn’t happy with the way his funds are being managed.
Clients for a forex managed account can vary from individual client accounts, limited power of attorney or the multi-account trading system. Each of these has their own special features and it is up to the investor to choose from the right system. This system is ideal for investors who are starved of time and cannot afford to continuously watch the market.
“At Forex Managed Accounts, our managed forex accounts are handled through Dukascopy Swiss FX Marketplace platforms. These platforms use the state of the art online trading and hence full transparency and control over investment is guaranteed,” adds the spokesperson.
At the end of the managed forex transaction, is a fee structure that is claimed by the trader. The performance fee is often charged monthly and is deducted from the individual client’s account. “Performance fee for our company is charged at 30% on new profits and is based on highwater mark,” adds the spokesperson.
About Forex Managed Accounts: The Dublin based company, Forex Managed Accounts has been in the business of helping investors with managed forex accounts for about 8 years , is well educated and has a sound financial background, both in terms of qualification and performance.
To know more, http://www.forexmanagedaccounts.eu/
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About
The Dublin based company, Forex Managed Accounts has been in the business of helping investors with managed forex accounts for about 8 years , is well educated and has a sound financial background, both in terms of qualification and performance.
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