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What is a Managed Account?
A Forex managed account is a service through which a professional trader with years of experience and verified results personally handles the trading and management of your account in exchange for a percentage of the monthly generated profits (Profit Fee) on the account. It is noteworthy that the trader only charges this Profit Fee when profits have been generated. If there are no profits, then you don't pay a fee. The amount of monthly profits will be determined by the account size. The larger the account size, the larger the monthly profits. The average monthly profits generated for clients are between $1,500 - $5,000.
Advantages of a Boss Traders Forex Managed Account:
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HIGH RISK WARNING: Foreign Exchange, Futures, Options and Stock trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with the different markets, and seek advice from an independent financial or tax adviser if you have any questions.
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