Sunday 25 September 2011

Is Utilizing A Forex Trading Managed Account Advisable?

Forex managed accounts are a different way to get involved with the foreign exchange market, they are mainly for those who have a minimum investment of $1000 and upwards and would like to see steady returns on their money.Sure, forex managed accounts are a good idea if you would like to trade on the currency markets and you have little knowledge of the ins and outs. However, there is always a downside; forex managed accounts are going to cost you anything from 5% to 25% of your profit and there is no guarantee that there will be profit.Forex account managers are only human after all and are only as good as any other experienced trader or the automated software that they use. You heard

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