You surely already know that Forex is accessible to individuals who wish to invest in currencies to speculate on the evolution of their exchange rates thanks to online trading platforms. However, when you know almost nothing about investing and the world of trading in general, it can be complicated to get started without taking any risk. It is for this reason that some Forex brokers offer you to have your money managed directly by trading professionals through what are called “managed accounts”.
How to have your money managed by professionals?
For your money to be fully managed by trading professionals, all you need to do is open a managed trading account with one of the brokers that offer this solution. The principle of these accounts is to leave you entirely out of all the steps related to trading, since it is here trading professionals and therefore experienced traders, who will make these investments for you.
It is important to understand that this activity of managing trading accounts for clients is a full-time activity for brokers offering this solution. Experts are in fact responsible for identifying the best earning opportunities every day in order to guarantee maximum benefits to their clients.
With managed accounts, you can therefore earn money without doing anything. This money is paid to you every month and the earning level is usually 5-20% of your initial investment, which is more profit than you might expect from trading alone and without skill.
The broker who manages your account is rewarded with a premium of 10 to 40% of the amount of profits made.
Why Choose Forex Managed Accounts?
Calling on professionals to make online investments for us has a number of advantages. Of course, the main advantage of this method is the level of gain that is extremely difficult to achieve on your own without spending hours every day analyzing the markets and carrying out technical and fundamental studies.
It is also important to note that the funds deposited in the managed Forex trading accounts are completely free, which means that you can dispose of them at any time.
Finally, we will say here that Forex Managed Accounts are a great way to learn how to trade without taking any risk. Indeed, thanks to these managed accounts, you can follow the action of the professionals who trade for you and therefore observe the strategies applied. By dint of observation and if you show a little curiosity, you will quickly learn the tips to maximize the chances of winning and can therefore subsequently trade alone.