Managed Forex Accounts
Most of the managed accounts are forex futures accounts. The managers of the accounts usually take two kinds of fees for their services, a management fee and a percentage of the profits. Some managers also use benchmark perfomance figures that have to be met before any performance based fees are paid. Some of these managers of forex accounts operate as Commodities Trading Advisors (CTAs, mainly operating with forex derivatives) or other registered forms of handling investment accounts. There are also hedge funds of which most operate in off-shore locations. Managed Forex Accounts - ResourcesIf you're interested in using these managers, you should do full investigation to the past and present of the company. Any past problems of the management or the company may indicate that you should choose another manager. Look also for reasonable management fees and fees attached to funds profits. |