How it works
How does the managed account work?
Our managed accounts are operated through BMFN (Australia) MT4 platform, which we believe to be the state-of-the-art in online FX trading and investment management. These vehicles provide not only world class execution capability for our trading team, but also full transparency and control over their investments for our clients. We offer managed accounts for both individual and institutional investors.
Participating clients create and maintain their own account at brokerage house. Our account manager then performs trading on behalf of the client via LPOA (Limited Power of Attorney). Performance fees are collected based on the gains. Forexmanagedaccounts.eu does not hold any funds and acts only as a Trading Agent. Funds remain liquid at all times, and our clients have the convenience to add or withdraw funds at anytime.
INDIVIDUAL CLIENT ACCOUNTS
Clients create, fund and maintain their own individual accounts with BMFN (Australia). Forexmanagedaccounts is open to both private and institutional clients with a minimum investment of $10,000.
TRIAL ACCOUNT - NO PERFORMANCE FEE.
Whether you're new to currency investing or already an experienced forex investor, our low-risk $100 trial account is an ideal way to get started and see if it suitable for you.No performance fee for trial account but one time $700 entrace fee applicable.
LIMITED POWER OF ATTORNEY
Clients authorize Forexmanagedaccounts to manage their account. Forexmanagedaccountscan only trade on the clients' behalf and in no case has access to the funds. The LPOA can be revoked at any time and clients can withdraw funds at their discretion. Client funds are never locked-in.
Multiaccount trading system allows Forexmanagedaccounts to trade the individual client accounts as a single managed account. Based on the individual client's total assets under management, trades are allocated to each individual account in real time. Clients can continuously monitor account activity trade by trade.
FEE STRUCTURE
Forexmanagedaccounts charges a 10% collected monthly on highwater mark basis only (No management fee).The performance fee is collected monthly. Fees are deducted from theindividual clients' accounts.
There is no any management or any additional fee.