Managed Forex Accounts Comparison Site
Added: (Fri Nov 10 2017)
Pressbox (Press Release) -
Aacorn2oak-fx.com/managedforexaccounts.html is a managed forex accounts comparison site that attempts to connect the most appropriate providers of managed accounts to potential investors.
This is achieved by the investor entering their goals into a series of short forms and the criteria will be matched against the managed forex providers that best fits the investor’s goals.
Managed forex accounts are alternative investments to the more traditional type of investments such as savings accounts, insurance, bonds, mutual funds, stocks, cash and commodities for example.
During the course of the last decade, they have become increasingly attractive among investors that are seeking a greater return on their investment than those long-established investments. This is due to a number of factors.
Mr Keane, an investor in this type of investment, said, “Anybody that has an interest in investing their cash will understand that the currency trading market can produce a lot of profit in a very short amount of time. The downside is that it has the potential to destroy accounts in the same timeframe. That’s the benefit of a managed forex account. The advantage is that they use all of the know-how and expertise of professional traders who trade on behalf of the investor.”
Many investors that want to get into the forex market, enjoy the fact that it is a hands-off investment that is attractive to them. There is no need for them to sit in front of their computer for many hours of the day waiting for a trading opportunity to come along.
A further explanation that they are becoming ever more popular is that not many years ago, only institutional and corporate investors that had upwards of a million dollars could invest money into them. Today however, it is different because anyone can open an account with as little as five thousand pounds or equivalent. It has become obtainable investment to pretty much everyone with some capital to invest.
Some investors may be concerned about placing their money into an account that is traded by someone else. Mr. Keane explained, “The investor has full control of their account in that they can fund, withdraw and close it at any time they wish to. The trader only has access to the account in order to place trades. This can be achieved because the account holder, (the investor), issues an LPOA (Limited Power Of Attorney) to the broker that allows the trader manage the trades. ”
One more benefit with a managed forex account is the liquidity. If the investor has an open trade, they could get the trade closed, make a withdrawal request for their funds and obtain those assets into another account of their choice within a couple of days.
A forex managed fund is an excellent way to get into the currency trading market without having to find out all about it. Equally, it is an excellent route to get started with the forex trading market as you could find out at your own tempo whilst creating a significant income.