FOREX MANAGED ACCOUNTS

 

 

You are very interested in becoming involved in Forex Trading,

 

but

 

there are a few problems which prevents you

from becoming involved right now ...

 

  • You are not a forex trader at all and have no idea of how to trade.

  • You know that in order to learn to trade can be costly and will take a lot of time which you do not have at the moment.

  • You cannot afford (or are not interested) to sit in front of a computer screen the whole day.

 

I have good news for you!

 

It is now possible

to benefit from

Forex Trading

by making use of

PROFESSIONAL TRADERS

who will trade your account

for you!

 

Professionally managed  accounts have historically been a way for sophisticated, high net worth investors  to achieve an above average return on their investments, without the day-to- day maintenance. However, because of the dramatic changes in the world's  economy combined with the poor performance in both the stock and bond  market, there has been an exponential increase in the demand for this type of  investment.

 

Once only available to the 'rich and famous', professionally managed inter-bank  currency trading is now open to the 'semi-affluent' investor.

 

 

Think of us as your  silent partner,

investing hard for you twenty-four hours a day

so that you don't  have to.

 

 

We have now more than one Managed Account option available where you can invest:

 

 

I'd like to explain the main options available to you.

 

 

1. Traditional managed accounts

 

A company will appoint a team of professional traders who will trade on behalf of the clients.

  • A client will open a trading account where he will deposit money.

  • He will sign a "limited power of attorney" agreement with the company which enables the company to trade on behalf of the client.

  • The client will also acknowledge that he fully understands that there is risk involved and that he may lose some of his money.

  • The company will take full responsibility for all results and will do their best to keep the risk as low as possible while trading.

  • In order to protect the client from losing all his money, the company will set a maximum draw down level (= maximum loss) at which all trades will be closed. A typical setup is a maximum draw down of 20% in which situation 80% of a client's money will still be safe.

  •  In order to keep the risk as low as possible, they will trade with only a small amount of the money, for example only 1% to 2% of the money in the account.

  • Because of this profits are small, but it is likely that profits of 30% and even better per year may be generated.

  • Profits depends upon the success of the traders when trading and cannot be guaranteed.

  • Past profits may be seen as an example of what can be done, but cannot be taken as a guarantee that similar profits may be reached in future.

Companies:

  • Iron Fx - Registered at the South African Financial Services Board under FSP license 45276. Minimum recommended deposit: $ 2,000.00

  • Fro Trade Fx - Based in London, money will be deposited at Sensus Capital Markets who is registered at the Malta Financial Service Authority (MFSA) under a Category II licence.
    The license No. is IS/57386. Minimum recommended deposit: EUR 5,000.00

 

2. Copy Trading

 

Professional traders will use special software to duplicate the trades they do on their accounts to your account in real time.

  • A client will open a trading account with a Fx company which is compatible with the Copy Trading software where he will deposit money.

  • He will sign a "limited power of attorney" agreement with the company which enables the company to trade on behalf of the client.

  • The client will also acknowledge that he fully understands that there is risk involved and that he may lose some of his money.

  • The company will take responsibility for all results and will do their best to keep the risk as low as possible while trading.

  • In order to protect the client from losing all his money, the company will set a maximum draw down level (= maximum loss) at which all trades will be closed. A typical setup is a maximum draw down of 20% in which situation 80% of a client's money will still be safe.

  • They aim for higher profits than in a typical managed account, example 10% per month where a typical managed account may only do 30% - 40% per year. Because of this risk is slightly higher that in a typical managed account.

  • Profits depends upon the success of the traders when trading and cannot be guaranteed.

  • Past profits may be seen as an example of what can be done, but cannot be taken as a guarantee that similar profits may be reached in future.

  • You may start with smaller amounts than in a typical managed account, example $ 500.00

Companies:

  • Quantum Leap Capital - Based in South Africa, money will be deposited into an Iron Fx trading account. Iron Fx is registered at the South African Financial Services Board under FSP license 45276. Minimum recommended deposit: $ 500.00

 

3. Social Trading

 

Many companies are involved in Social Trading. They create a facility where successful traders who are willing to trade on behalf of other people can register on their website.

  • The results of all traders will be published on their website where interested investors can see and study it.

  • You (the investor) must select the best performing traders with the lowest risk level and link your trading account to them.

  • Their trades will be duplicated to your account.

  • The idea is that by spreading the risk between more than one trader, you may get a better result as compared to when only one person is trading.

  • You will now take full responsibility for your investment and will have to manage it by keeping an eye on the different traders and their performances.

  • You may close a trade any time.

  • You may remove a trader that is not performing well at any time from your account and replace him with a better performing trader.

  • In case of losses you cannot blame anybody (except yourself).

  • You may withdraw your money any time.

  • Please note that most of the social traders are not professional traders.

  • Due to the competition between traders to attract clients, some use risky strategies in order to generate larger profits. Therefore the risk on this type of trading is much higher than the traditional managed accounts and copy trading systems.

  • NB: When you select traders to link to, look at their trade history to make certain they are not scalping (= doing very quick trades most of the time). Although scalp trades may produce a profit for the trader you copy, it is likely that you may experience a small loss due to a slight time delay on the system. The system is working fine for trades of a longer duration.

Companies:

  • Iron Fx - Sirix Copy Cat Trading - Registered at the South African Financial Services Board under FSP license 45276 Minimum recommended deposit: $ 500.00

  • CM Trading - Sirix Copy Cat Trading -  your money remains in South Africa and there is no problems with international transfers.  - Registered at the South African Financial Services Board under FSP license 38782 Minimum recommended deposit: $ 250.00

 

If you are interested in trading on the JSE, take a look at the next option:

 

 

4. Rock Capital Management - We also have managed accounts available where your money will be invested in South African Shares, Futures / CFD's and other investments. International opportunities also available. Registered at the South African Financial Services Board under FSP license 34754

 

 

Please click on the links above to read more about the different Managed Accounts.

 

 

Contact me for more information

on Forex Managed Accounts

 

 

OOPS! You forgot to upload swfobject.js ! You must upload this file for your form to work.

 

 

Back to the Top


Disclaimer

 

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

 

Recommended to South African and International Traders.

 

Copyright 2015, FOREX MASTERS