Managed FX Account
A “managed FX account” is an investment with a forex trader which yields a profit based upon the success of their trading. As you would expect, FX traders make their money by working in the foreign exchange (“forex”) market, acting usually as speculators on FX prices. Typically, a managed FX trader aims for yields which fit the expectations of their client base, and by doing so, they earn management fees.
The reality is, managed forex trading comes in all shapes and sizes, and no FX traders are identical. You can have one managed forex trader with an expertise in EUR/USD short sales, and another FX trader who ONLY focuses on long positions in the GBP/USD markets. The point to remember is, each FX trader has a unique strategy, and their “secret sauce” is what differentiates them from others in the managed forex market.
In recent years, managed forex funds have grown faster than anyone could have ever expected. With both the investor and trader benefiting from higher yields, it isn’t hard to see why managed forex investments have become the new hot trend. If you want to find the best managed forex account for your goals, take a look at the articles in our Forex Investments Section. As you will see, we have provided tips for finding good managed FX traders, and a whole lot more. Remember, with enough education you could get rich from forex, but without proper knowledge, you can “lose your shirt” overnight.