KEY TAKEAWAYS

A managed forex account consists of putting money in a forex account and having a professional trade those funds in the highly leveraged foreign exchange markets.

Managed forex accounts offer exposure to an asset class much different than stocks or bonds.

Managed forex accounts are high-risk, high-reward investments.

Both individual investors and professional managers who aren’t FX experts can make use of managed forex accounts.

Forex account managers do charge high fees: often between 20% and 30% of a trade’s earnings.