Forex Managed Accounts
Tapping the potential of Forex Markets through professional asset managers at SCG
Success Capital Group offers the best Forex Managed Accounts that is rightly an answer to the investors, be it in liquidity, accessibility or returns. The professional hands behind this group ensure that your hard earned money is well taken care of, along with assured convenience and safety for a bright financial future.
Managed ForexAccountsare the most convenient trading alternative for the tight timed as well as non professional traders whose funds are managed by money managers for a minimal fee.
What is Forex Managed Accounts ?
A managed Forex Account is an account opened with a broker, where the trading is taken care of by a professional asset manager. However the account holder will be the investor himself and the right to add and withdraw funds remain with him. Inorder to trade the account, the invester gives a Limited Power of Attorney to the asset manager.
Needless to say, Forex Managed accounts are increasing its popularity in the niche of Forex trading when compared to Hedge funds. In a layman’s language, Managed accounts is an account opened in the name of an investor, entrusted to a licensed broker to avail professional asset managers to trade the funds by submitting a Limited Power of Attorney. However the investor holds all the rights to access his funds any time using his log id and password that is usually provided to him by the broker.
Benefits of Managed Forex Accounts !
- Professional fund management done by asset managers,
- Requires less investor time and exertions.
- Ideal for less experienced or non professional traders.
- Flexibility in investment offered High level of liquidity.
- High level of transparency in fund performance.
“Foreign exchange trading is very speculative and involves a significant risk of loss,Past performance does not guarantee to future results”
How to invest in Forex Managed Accounts with SCG?
To open a Managed Forex Account, an investor has to follow the below listed steps:
- Fill in the online application to sign up for an account through account opening link
- An email will be sent to you from broker with detailed instruction on opening a managed forex account.
- Follow the link in the mail and fill up the form named ‘Open an account’ at our prescribed broker firm.
- On submission of the form, the broker firm will send you a LPOA to sign and send back.
- Finally, fund your accounts and your asset manager will start to trade your funds.
- When your account is funded, you will be sent a personal log in details, using which you can log in and watch your funds grow!
For queries or clarification, you may contact us or may even read our FAQs.