Forex Guide answers:

Not sure what your asking but Easy Forex can probably help,

http://forex-brotherhood-reviews.com/

Forex Guide answers:

Be very careful with managed forex accounts Most of them Lose money I’m telling you because I’ve seen it. Just a precaution make an Extensive Due Diligence ask for at least 3 years of track record having in mind of course that past results don’t guarantee future results. Have at least 5 to 10 possible managed account options so you can decide in the end the better one (if any).

What is a low budget to you? 5K, 10K? They are a few managed account that has a minimum 5 – 10K opening balance, others has 25K, 50K, 100K. I cant give you any recommendation because like you must perceive from my tone I don’t know any successful managed account. Good Luck. (Remember it is soo easy to lose money).

Forex Guide answers:

Hi wanttorich,

There is someone can doit for u

contact him

mql4indonesia@gmail.com

or see his site at

http://www.mql4indonesia.co.cc

hopes it help…

Forex Guide answers:

At www.managed-forex-accounts.info (SterlingProPlus and EliteGrowth)

Forex Guide answers:

Hello,

Finaly found someone who is also interested in mannaged forex accounts.
My advice to you is yes yes!
If you find a good one you’ll earn lots of money.
This is what I have done:

http://my-robottrader.blogspot.com/

These are the results made by my moneymannager in one month and a half.
It’s going great because they are verry experienced in what they are doing.
The support is also great if I ask them a question I almost immediatly get one back.
I find that verry important, because I want to know what is happening to my money.
Annyway About the acounts itselfs I can’t give you good information…
For this you have to contact my money mannager.
If you want I’ll bring you in direct contact with him..
Just send me a mail (adress on my blog) and I’ll give you his Adress.
.

Forex Guide answers:

I read something in Yahoo Finance (great website), about how only a small percentage of people that do forex actually make money at it.

They take your money.
You may think you are actually buying something at a certain price, but you are not.
Then they tell you you’ve lost tons of money.
Be careful out there.
Just open a discount brokerage and invest in stocks or indexed ETF’s such has SPY that tracks the S&P 500 companies.

Google Forex Scam
/

Forex Guide answers:

For forex newbie, it’s definitely a wise decision to go for a managed forex account. Although I personally still prefer to manage my own account.

To search for a managed forex account is not easy. It depends on your location. The best start is talk to your local banks, especially private banks. Most often, they do offer managed forex account services.

Good luck.

Forex Guide answers:

I came across www.managed-forex-accounts.info the other day- looks very good – they offer log ins to live accounts.

Forex Guide answers:

We are Traders Lounge forex, an trading company form UK.
We offer
A secure managed forex account for your trading process We can assure you to have a security for your money, by opening an account with FXCM through Traderslounge.
Minimum investment with 100% transparency of your investment.
Invest less with minimum of €20.000 to join this program.
We provide an personal segregated account with a regulated forex broker.
“Low investment More Return, But No Guarantees”
our URL : http://www.tradersloungeforex.com

Forex Guide answers:

No not at all, Anyone can leave a review, good or bad. So what you get is every broker and affiliate leaving good reviews for their broker and bad for the other. Like any other website Forexpeacearmy is just in it for the money. Trial and error is the only way you will find what you are looking for and end up with an honest opinion.

Forex Guide answers:

I’ll be real honest with you. Managed accounts are okay but you can do much better if you spend the time studying the market yourself and learning the trading discipline.

Think of it this way, a managed accountant is not risking his own money, he’s risking yours.

You could spend 6 months trading demo accounts, reading technical analysis books, etc. And learn the techniques yourself and do much better than a managed account.

Conservatively with forex you could make 5-10% per month. Using a well developed software tool 20-30% is easily acheivable. Best of luck to you.

Forex Guide answers:

I’d stay away from the “automated” systems that some brokers are selling – they aren’t always as accurate as they say they are

Forex Guide answers:

The usual hedge fund arrangement for managed accounts is 2% management/20% incentive. Nobody gets 50% incentive. Soros doesn’t get 50%. Paulsen doesn’t get 50%. Nobody…

Forex Guide answers:

It is often the case that a well managed Forex account will far exceed the quarterly returns gained from other asset classes. However, trading the Forex market is not an easy proposition. Many Forex investors do not have the time, experience or discipline to trade the Forex market themselves and most of those that try end up losing their initial investment. Understanding the complexities of why different currency pairs move, being able to follow market movement 24 hours a day, and having the self-discipline to stick to a trading strategy is essential to successful trading. A Managed Forex Account is designed for investors with risk capital who do not necessarily have the know-how or time to trade the Forex market on their own but want the opportunity to participate in the Forex market.

Here is how it works:

1) The client opens a Forex account at a Forex broker of their choice. This Forex broker account is owned and controlled 100% by the client. All client funds deposited into that account are held by the Forex broker where the account was established.

2) The client authorizes a Forex account manager via a Limited Power of Attorney to execute trades on behalf of the client using the broker’s trading platform. This Limited Power of Attorney can be revoked at anytime and trading stopped immediately.

3) The client authorizes the Forex broker to pay a percentage (performance fee) of new profits on his/her account to the Forex account manager at the end of each month.

4) The Client is given complete access to view and monitor trade activity on his/her account. This includes seeing every trade taken on his/her account and viewing the account’s current balance and equity.

To avoid scams, make sure that you are opening your account at a fully regulated and reputable Forex broker and that the Forex account manager you choose is honest, fully transparent and realistic. A legit money manager will never guarantee that the account will make money.

Forex Guide answers:

You can find many managed forex account offers in one place and compare them at

www.autotradingservice.com and
www.managed-forex-accounts.com

Forex Guide answers:

Hi there,

All Online investment is similar with HYIP. Always read their “RISK DISCLOSURE STATEMENT” and “Terms and Conditions”

Try at your own risk! They do not guarantee your capital.

Forex Guide answers:

The Smart Money link Joe provided was very good.

The only managed Forex fund I’m aware of (there are surely more) is one run by GFT. The publish their monthly performance (http://www.gftforex.com/services/gftmanagedaccounts/history-wallwood.asp)
but you have to be careful because they charge a quarterly performance fee of up to 25%. The performance fee is based on any profit you show for the quarter. If they make $10,000 for you in the quarter, their fee is $2,500 – a bit steep.

As far as doing it your self in Forex, unless you are an extremely disciplined trader, have an appetite for reading everything you can about the economies of other countries, understand how the economy of one country affects that of another, can deal with large amounts of risks and enjoy watching the computer screen for hours, stay away from Forex.

I’ve been trading Forex for a couple years and have become marginally successful but frankly, I make more money in the stock market doing short term trading (a few days to a few weeks) using technical analysis (something I don’t advise unless you are willing to put in a lot of hours every week).

Whatever you do, stay far away from those highly promoted “systems” that promise to make you rich by buying when the lights are green or that generate income based on the carry (interest rate differentials in different countries).

Forex Guide answers:

I looked into having my account managed until I found a simple hedge system that seriously only takes about 15 minutes a week to do myself. It is so easy. I have found that when you are paying someone else to manage your account you are wasting money. Check out http://www.wiseforexinvestor.com and see if what they have to offer is worth your time. If you have any question about it feel free to give me a call.

Best Wishes,

Rex White
435-633-0101
503-922-1475

Forex Guide answers:

OK.

Forex Guide answers:

Daisy, you sound like a nice person, however this is not the right forum for you to ask such a question… You will attract every scam artist out their, they will impress you with their knowledge, system or promises, and you will wake up broke. The only people that make money on forex are the bank trading rooms for foreign currency conversions and trading. Split second decisions, millions of dollars at a time, information from around the globe, and still some of these brilliant people lose money for their bank. A managed account through a broker forget it, i am sorry.

Forex Guide answers:

Trading is probably the most difficult business you will ever encounter, and the most challenging. If you have no experience with trading, then you should trade free on a simulator for several months while you learn. Here is the forex simulator, and then a stock simulator

Forex simulator:

http://www.expertworx.com/pm/Forex%20Market%20Educational%20Game.htm

There are also great resources for Forex at Investopedia.com
Here are some others

http://www.premieretradeai.com/

http://www.forextv.com/FT/Video.jsp?channel=41

http://umgarticles.atspace.com/forex-trading.htm

http://www.fxstreet.com/rates-charts/usdollar-index/

http://forex.tradingcharts.com/

http://www.dailyfx.com

http://www.forexbastards.com

http://www.forex-options.com/

http://4xcampus.com/

Here is the broker I use but I have heard good things about FXCM also:
http://fxdd.com/

Forex Guide answers:

I am a little shy of what you require.

My account was up 41% last month, and 40% the month before. But this month I am down 16%.

It is easy enough to prove, and/or check out. Sure there are scammers, but they don’t hold up under scrutiny. It just takes a little “common sense” to know how. People without regard for truth will never be convinced, but they seem to be the most vocally ignorant.

Forex Guide answers:

Hi Timothy,

Just a couple of quick questions. Do you have experience trading Forex yourself? Or is this a new venture for you?

It is actually quite easy to get some free Forex trading experience utilizing demo accounta and alot of the free information available online.

What you will find is that the professional Forex managed account specialists will require a larger minimum investment. I am sure that there are other “traders” that would love to get their hands on your money to trade for you but you need to be extremely cautious. It’s easy enough to lose money in the Forex market without having someone else lose it for you. I recommend to all of my clients not to give control of their money to someone else.

My best advice to you is to educate yourself on the Forex market. The place that I recommend that my clients begin is at babypips.com. It’s free info and you will learn quite a bit fairly quickly. Then open a demo account or two at the broker of your choice and trade using “virtual dollars” until you get comfortable enough to invest real money.

Remember. There are conservative ways to participate in the Forex market and there are very risky ways to trade in the Forex market. Be careful and take your time. The market is not going anywhere and with $2 trillion a day being traded there will be plenty available to you when you are ready.

I you want some more info just drop me an email.

Paul
pupp52@yahoo.com

Forex Guide answers:

It depends on how much returns you are expecting.

I would personally fell it’s better to buy some bluechips in the stock market.

Personally, I do not trust any managed forex account as it is high risk, unless they can show me their past audited records.

Forex Guide answers:

This is probably not the best place to advertise the positions, but it is free. So good luck to you. Maybe it will work.