Unreal Fish Art Blog

Standard Forex Managed Accounts

With a standard managed account forex you hold your money in a brokerage account and your manager has access to it to trade. They will work on your behalf and hopefully make a lot more money than you could if you were doing this yourself. At the same time, you retain full control and can withdraw your money any time you want.

This type of account generally needs to be funded with several thousand dollars at a minimum. The reason is that it is not worth the manager’s time to trade your funds if you only have a couple hundred dollars. They will be working for a percentage so they need a certain level of funds to make a reasonable amount for themselves.