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Forex Managed Funds
Managed forex accounts are simply forex managed funds which are managed by professional money managers who employ a diverse range of trading strategies, and who, if they are doing their job properly will use strict money management principles. We have compiled a list of top rated forex managed funds.
How to research a Managed Forex Account?
These days, anyone can cobble together a website claiming they are an expert forex trader, and set themselves up as a professional money manger. Here are a number of pointers to help you to find a reputable manager to manage your forex managed funds or managed forex account:
- Ask to see their track record. A well managed forex account will produce regular income, provide long term capital growth, and not have large drawdowns. Therefore ask to see their trading records, going back at least 2 years.
- Where are the managed forex accounts held? Insist that the account is held with a reputable forex broker, which is properly regulated and capitalised.
- How many managed forex accounts does the money manager trade?
- How much experience does the manager have of trading forex managed funds?
- How much forex managed funds does the manager have under management?
- Can they provide you with a reference from a client who is happy with the manager's performance for the managed forex account? Do not settle for a copy of an email, as these can be easily fabricated.
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