Managed Forex Accounts Can Lead To Bumper Returns
Sabtu, 14 April 2012
0
comments
Managed Forex Accounts Can Lead To Bumper Returns The forex market is massive. Every day, approximately 4 trillion dollars changes hands. This figure dwarfs what is traded every day on the US stock exchange by about 30 times. Most of the trading is carried out by large institutions such as banks and insurance companies for example. However, because of the advent of high speed internet connections, anyone who wants to trade can do so online.
For beginners, the forex market is a minefield and may seem intimidating. There is an awful lot to learn. The solution for newbies that don't have the inclination or the time to learn all of the things that are involved with forex trading, is to find someone that can do the trading on behalf of them. This is where managed forex trading companies come in.
They do all of the hard work for you so that you don't have to. It's a hands free way to start tapping into the huge amount of money that is freely available to everyone. There are many advantages to finding a trading company and opening up a managed forex account.First and foremost, they know what they are doing. I am talking about the real, quality, registered trading groups that have an excellent trading history, not the scammers that will lose all of your capital in a few trades. Due diligence is a must when searching for a quality forex managed company.
Their primary objective is to protect investors' capital. They will keep losses down to a minimum. Whilst protecting capital, the name of the game is to make money. There are many different trading strategies, some traders are better than others and some account types are slightly riskier than others but make a lot more money.
Therefore, returns on investment vary from one company to another and from different accounts types within the same company. A good return would be in the region of 10% for a starting capital of $10,000. Big player investors with millions of dollars to invest will have access to managed accounts that yield way, way more than 10%, hundreds of per cent per year, if not thousands.
The way account managers make their money is from taking a certain percentage of your profits, performance fees. Once again, these vary from 25% up to 50%. Don't let the higher fees put you off though because you have to look at the returns that are made. It is better to pay 50 % fees on an account that yields 250% per annum than paying 25% fees on an account that returns 120% per annum.
Whatever the fees or account type or return on investment, a quality managed forex trading account group will provide you with a far greater return than almost every other investment vehicle, managed or not. It is the benefit of the hands free simplicity that attracts so many investors.
A managed forex account can help you achieve your target passive income in only a few short years, maybe as soon as next month, depending on initial investment. 10% per month returns being a typical yield.
By Martin Loader
Article Source: http://EzineArticles.com/?expert=Martin_Loader
0 comments:
Posting Komentar