BINFXO BANK Account Management Pattern

in order to open investment relation with us you need to open FX trading account with one of our recommended brokers and our rules:

we don’t accept any investment account less than 5000$

any investment account less than 10000 $ will be mange via our main multi fund wallet which consists of small investments less than 10000$ and appears as one trading account for safety trading purpose

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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.

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What Is the Best Account Type for Forex?

The standard trading account is the most common. This account gives the user access to standard lots of currency each worth $100,000. (That does not mean that you have to put down $100,000 of capital in order to trade. The rules of margin and leverage mean that only $1,000 needs to be in the margin account for one standard lot to be traded.)

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How Does Account Management in Forex Work?

When you open a managed forex trading account, an account manager (or a team of traders) will trade your capital alongside other investors’ capital, buying and selling currencies. They have discretionary power over the funds: that is, they make the decisions and don’t consult you before they trade. They will usually charge a performance fee so they only get paid when they make you money.

Safety and Costs of Managed Forex Accounts

Foreign exchange markets are commonly used by sophisticated traders, who take advantage of an ability to handle large amounts of borrowed money to amplify their gains. They have more liquidity and trade at a much faster pace than do stock and bond markets—in fact, forex is the most active market in the world. And the fact that transaction costs on it are lower makes it a popular forum for those who enjoy the thrill of speculation.

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What Are Managed Forex Accounts?

A managed forex account is a type of currency trading account in which a professional money manager makes trades and transactions on a client’s behalf for a fee.

Individual investors who are not experts in foreign currencies but still want exposure to this asset class may consider a managed forex account.

Understanding Managed Forex Accounts

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