Fx trading accounts

Unlike individual accounts, the manager is trading for numerous investor desires.

Free forex bonuses

Best Forex Managed Accounts 2021, fx trading accounts.

To help determine an account for you, each fund will have years of past performance for review. A main benefit of pooled accounts is the lower minimum deposit required to enter, being as low as $2000. Although, there are often minimum participation requirements upon entering a pool fund. These are all factors you need to consider before diving in. 82% of retail CFD accounts lose money

Best forex managed accounts 2021

A managed forex account is where a money manager handles the investments and trading of the client’s account on their behalf. They manage the client’s account by seeking trading opportunities, adjusting the risk, implementing their own strategies, or even taking input from the client on what they would like to trade on and how.

The world’s most popular FX platforms, the MT4 and the MT5 both feature the possibility of having a money manager manage accounts through them. This is often called a MAMM account.

The brokers below represent the best forex managed accounts brokers.

82% of retail CFD accounts lose money

"all financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary. Activtrades corp is authorised and regulated by the securities commission of the bahamas. Activtrades corp is an international business company registered in the commonwealth of the bahamas, registration number 199667 B. Activtrades corp is a subsidiary of activtrades PLC, authorised and regulated by the financial conduct authority, registration number 434413. Activtrades PLC is a company registered in england & wales, registration number 05367727."

ECN, market maker, no dealing desk

Here’s a list of the best forex managed accounts brokers.

Regulated by: cysec, FCA, FSC

Headquarters : 30 churchill place, london, E14 5EU, UK

82% of retail CFD accounts lose money

FXTM is also known as forextime, and commenced operations in 2011 from its de facto headquarters in limassol, cyprus. Since then, FXTM has achieved rapid global expansion, driven primarily by its desire to serve specific local markets with strong FX demand.

The MT4 and MT5 are the platforms provided by FXTM. These platforms, however, come in various versions built for the web, for desktops and for mobile devices. The FXTM MT5 is an improvement on the MT4 and can be downloaded from the myfxtm members’ area.

Activtrades

Headquarters : 1 thomas more square london E1W 1YN united kingdom

Activtrades was founded in 2001 and was recognised by the sunday times fast track 100 as the 90th fastest growing company in the UK for 2017. The company is regulated by the UK financial conduct authority (FCA), as well as the securities commission of the bahamas and offers CFD and spread betting trading accounts with direct execution (non-dealing desk).

FP markets

Headquarters : level 5, exchange house 10 bridge st sydney NSW 2000, australia

This brokerage offers a massive range of tradable assets through forex, CFD, and share trading accounts. FP markets supports the MT4, MT5, and IRESS platforms and offers leverage up to 500:1. You can trade 45 currency pairs with competitive spread or commission pricing.

FP markets was founded in 2005 and is headquartered in sydney, australia. It is regulated by the ASIC in australia. Demo accounts are available. While it is suitable for beginners, education resources are limited.

What is a forex managed accounts?

A managed forex account is where a professional trader/money manager manages the trading on the clients’ behalf. The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs.

An investor may advise the money manager on strategies and signals to look for while trading on his behalf. An investor may do this to take themselves out of the equation and trade without the psychology and emotions that come with wins and losses. On the other hand, some clients simply choose to let the brokerage/money manager trade the account based on their own systems and strategies.

Forex managed accounts can be compared to traditional investment accounts of equities and bonds, in the way that an investment manager handles the trading logistics. In no instance can a money manager withdraw or add funds to the account, they are granted trade only access to the account, and the investor has full control over their account. Money managers charge a fee or commission for managed accounts, so it is important to research a variety of options, as their prices can vary greatly.

How does a managed forex account work?

For an investor to have a managed trading account, they must first open a trading account at a reputable brokerage firm of their choice. Then allocate the necessary amount of funds for a managed account. The money manager has limited access to the account and operates on a trade only basis. The investor remains in full control of the account and its deposits and withdrawal processes.

Now, if a money manager does not have any control over the investors money, how can they conduct trades? Well, upon setting up a managed account, both the investor and money manager must sign a document called a limited power of attorney agreement (LPOA). This is an agreement for both parties, allowing the trader to trade on an investors account on their behalf, without needing to transfer the investors funds to the traders account. This agreement provides a high level of security, control, and transparency that’s comfortable for the investor.

With the signing of this agreement, the managed account gets placed in what’s called a “master block”, and as stated before, the investor continues to have full control of their account. They can check the balance, deposit or withdraw funds, monitor trade activity, and even revoke the LPOA agreement at any time if they are not happy with the money manager. One thing they can not do is conduct their own trading on the account, unless they revoke the LPOA agreement.

Regarding the money managers aspect of managed forex accounts. They may trade for many investors all from a single master account using PAMM, LAMM, or MAM software and technology. These technical procedures are integrated into most reputable brokerages and various online trading platforms, making it possible for traders to manage investor accounts.

Account types

Investing through a managed account has been around for a long time. In fact, it’s been around for as long as investing. With that in mind, there have generally been 3 types of managed forex accounts that prevail- individual, pooled, and more recently; varieties of PAMM accounts.

Individual account

This type of account is the most simple and standard type of account when you think of a managed account. The account managed is a segregated account where the money manager makes all the trades on your behalf. The traders’ decisions are based solely on your instruction or desire, he/she is trading for you and only you.

Their decisions will be based on your risk level and whether you provide any specific strategy or guidance. Since there are no additional traders’ funds involved in this account, the minimum deposit may be quite high- exceeding $10,000. For this reason, and the fact the manager is trading this account individually for you, you will want to ensure a professional and competent money manager is chosen. A great deal of research and client testimonials will be beneficial when going this route.

Pooled account

This type of account is very similar too mutual funds, in where many investors pool their money together in a separate account and share the profits after fees and expenses. With pooled accounts, there are often a variety of pools to choose from. Each may be offering different risk levels, minimum deposits, investment strategies, currencies traded, and fees and expenses. These types of accounts are managed for a variety of investors, requiring you to choose or be advised on which pool suits your needs.

Unlike individual accounts, the manager is trading for numerous investor desires. To help determine an account for you, each fund will have years of past performance for review. A main benefit of pooled accounts is the lower minimum deposit required to enter, being as low as $2000. Although, there are often minimum participation requirements upon entering a pool fund. These are all factors you need to consider before diving in.

PAMM, LAMM, & MAMM accounts

These types of accounts use sophisticated technology to distribute profits, losses, and fees based on percentages of funds each investor has involved in the master account used for trading. These account methods are relatively new in comparison with the other two listed here, and offer the satisfaction of dealing directly with the broker of your choice in a secure and transparent way.

It’s similar to the mirror and copy trading features some brokers offer, because of the automation and technicality. Although, it still has more similarities to a managed account. All these types of accounts are basically pool accounts, in the sense that numerous investors pool their money together and reap the profits or losses of the money manager.

What should you look for in a managed forex account?

There are numerous things to consider when opening a managed forex account and you must always be careful when selecting a money manager. You need to use due diligence ensuring the money manager is reputable and trustworthy. The forex industry is known to have some notable scammers in the past, so extra precautions must be made to guarantee safe and secure management.

Not only do you need to take precaution when choosing your money manager, but also in the type of account that’s suitable for your needs. Below are some things to look for when choosing a managed forex account.

The risk level of an account or manager is something to consider. When trading with an individual account, you want to choose a money manager who’s trading style and history is at the level of risk you’re comfortable with. You can advise your money manager on how to trade, but by choosing one that trades with your level of risk already can make all the difference. As well, with trading accounts, you want to choose a pool with your appropriate risk level and trading method.

Another important factor are the fees, expenses, and minimum deposits involved with a trading account. Many firms will charge performance fees to your account. These fees can vary greatly based on the account type, and risk level of such an account. These rates can range from anywhere between 10%-35% and some cases even higher. These rates are in accordance to a principle called the “high water mark”. This protocol is applied to your account if at the end of each month your net balance is higher than a certain percentage. If this is the case, your account will be deducted the performance fee which is a certain percentage. Some brokerages may also charge an account management fee on top of the other fees for following a specific formula. Also in some cases, there can be a fee for the termination of account in the event of transferring all funds.

An important factor when choosing a reputable managed forex account is the availability of past performance history. Past performance may not be an indicative factor of future results, but at least the history shows experience of the forex account. There should be published history of at least a few years for a reputable brokerage managed account.

How to open a managed forex account?

Opening a managed forex account is more complicated than you might think. That is why we’ve created a detailed list pertaining to the necessary steps involved. Discover the intricate process in great detail below;

Before you make the necessary steps to opening an account, you must first determine your risk tolerance. You need to know this so you know who to look for in a money manager, you can view their track record and overall risk score. Another point that goes along with this are your goals. If you want to make higher profits in a short amount of time, high risk managed account might be the option for you.

Spend time networking and searching for the right forex trader. There are lots of options out there, but not everyone is right for you. Use your due diligence and research, reach out, and network to find the best possible forex brokerage.

Once you have narrowed down your list of forex traders, you need to go over each contract. Make sure you feel comfortable with everything and understand the max drawdowns, liability coverage, fees and expenses, and so on. Your due diligence is key in obtaining a successfully managed forex account.

Again, ensure everything is up to spec with the trader your interested in. View past performance reports, client testimonials, reviews, and anything you can dig up on the internet.

Once you have completed the steps above you are ready to select a forex trader to manage your account. You’ll need to complete and sign the necessary documents, and contracts including the signing of a limited power of attorney agreement (LPOA).

The next step is to receive your account number and transfer funds into the account. The account number is tied to your name, information, and your segregated trading account. Once everything is in order you can go ahead and transfer the funds, knowing you’re with a trusted and secure forex trader by following the steps above.

Finally, you wait for the money to be transferred, and it’s complete. It really is a simple process. You can have a managed forex account up and running within a few days. Now, you can analyze your account and even learn from the trades that are being made.

Fxdailyreport.Com

The forex market is becoming increasingly popular every day. With over 3.5 trillion dollars traded on a daily basis, the market can be both risky and lucrative. There are many types of live forex trading accounts available in the market. Each of these various accounts come with their own rewards and downsides. Knowing the right trading account is the key to the successful trading experience.

As a beginner, you need to open up an account will a reliable forex trading company. But, how will you know the right account to meet your level of expertise? What is the best trading account suiting your needs? Below is a detailed guide on the different forex trading accounts.

1. Demo account

This is the entry point for all forex traders. This type of trading account is offered nearly by all forex brokers. It gives a trader a virtually equal experience to trade with fewer risks of losing funds. As a trader, you are allowed to test your trading strategy for viability, draw-downs and other performance procedures.

In addition, the demo account allows for an appraisal of the broker company providing the account without the requirement of real funds. A good number of forex trading companies will allow a trader to create a demo account without much commitment. The broker will only require a few personal details to complete the registration process.

This account enables you to trade with liberty. The absence of actual funds implies you trade without any form of suppression.

A second chance. In case you lose your trading account, there is a good chance to fix the problem and start trading. The capital risks are simulated and have no actual effect on your income.

Limits. A demo trading account offers limited funds. In addition, there is a limit on the time you are allowed to trade over the platform. Once it expires, you will have to open up a new one.

Easy to trade the wrong way. Since it’s a demo account, it’s very easy to mismanage it. Where there is freedom to trade the way you want, chances are you will overdo it.

Profitable spreads: occasionally this trading account gives impractical spreads that are misleading.

2. Micro forex trading accounts

This type of accounts allows a trader to invest a small amount of capital. You can invest as low as $1-$10 to open up the account.

Low risks-since you invest low amounts of capital, it becomes easier to control risk factors.

Minimal profits-with a low investment, you get no benefits from the forex brokers.

3. Mini forex trading accounts

Just like its name suggests, the account is ideal for new traders who want to invest small amounts of money. You can trade with a personal investment ranging as low as$100. A large number of forex brokers provides a 400:1 leverage on this type of trading account. This means you can transact as more as $10000 with fewer risks on personal funds. As a result, a trader is likely to reap big more than their investments. The opposite is also true. You can lose a lot of money more than your personal investments. A trader s also allowed to use leverage with mini trading accounts. With higher leverages, you can easily access a substantial trade size equivalent to the actual funds.

Fewer funds at risk. Accessibility is the major benefits of using this account. It’s affordable to many traders and allows for leverage meaning you can make good money even on a small investment.

Low risk. Once you are done with a demo account, the mini trading account is an excellent option to jump into. It comes with low risks as compared to other live accounts.

• limited proceeds: despite its low risks in forex marketing, the gains are relatively low for an ambitious trader.

4. Standard forex trading accounts

This is the most typical type of forex trading account. Its name is attributed to the fact it allows traders to perform standard kind of transactions usually ranging within $10000. With this amount, you dot necessarily have to invest the whole amount. Instead, this forex trading account has a leverage of 100:1. As a trader, you can start with a capital of $1000. Depending on the brokerage firm, there are different requirements to create this type of account.

Possible for realistic gain. Since you are required to invest big, there is a potential for a genuine gain.

Extra services from the forex provider. Standard trading accounts generate good amounts of commissions. As a result, the brokerage firm offers more services as a way of maintaining their clients. For instance, a trader is allowed to access expert FX services, free deposit, bonuses among others.

Possibility of a huge loss. The same way it’s easy to make huge proceeds, you can also incur huge losses. It’s a two-way traffic kind of trading. The combination of huge capital and leverage makes it ideal for expert traders only. It takes time before you know how to trade well.

Larger capital investment: the minimal amount of capital required to invest in this type of account ranges from $1000. Only wealthy traders can afford a standard trading account.

5. Managed forex trading accounts

This is an automated type of trading account where a forex broker executes trades on behalf of the account holder. The role of the trader is limited to providing capital requirements only. The trader will contribute all the capital required but the management of the account lies with an expert forex company. Your work is to lay down the goals of trading while the account manager tries to achieve the goals. There are various ways of trading with managed trading accounts starting with social platforms all the way to in-house trader services.

Potential for success- this account is ideal for both experts and beginners. Even with little knowledge in forex trading, having somebody trade on behalf means the good possibility to make money.

Freedom: forex trading is complex and time-consuming. Having an expert trade for you means you can focus on other things far from the screen.

The cost of liberty- you must pay a certain fee for somebody else to manage your trading account.

Possible to lose. You are trading on someone else’s trust. This means you can incur losses out of a robot or human error.

6. VIP trading accounts

Also known as the premium, this type of trading account is ideal for the high rollers. Only traders who can raise a minimum of $10000 can open a VIP account.

Lots of bonuses- traders enjoy up to 100% bonus on their deposits

Additional services- VIP traders get access to other services such as travel benefits, debit cards, technical analyses among other benefits.

Only loaded traders can afford to open this type of forex trading account.

Potential for the big losses-the same way you can make big proceeds, you are also likely to lose.

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Risk warning: trading forex and cfds involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the client to ascertain whether he/ she is permitted to use the services of legends FX markets LLC based on the legal requirements in his/ her country of residence.

The site also contains links to websites controlled or offered by third parties. Legends FX markets LLC has not reviewed and hereby disclaims responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third party website, legends FX markets LLC does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for information purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade. If you are not sure about your local currency and spot metals trading regulations then you should leave this site immediately.

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The information on this site is not directed at residents of saint vincent and the grenadines and vanuatu and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Fx trading accounts

Choose an argusfx.Com account type that is best matched
with your trading preferences and needs. Our account packages
have been tailor-made for different types of traders.

Accounts
comparison

See the comparison of our account packages and find out which one has the right features to suit your trading style.

Trading accounts are a unique feature of argusfx.Com, as we offer a TRUE STP/ECN environment that enables our global retail and institutional clients to speculate the markets and place their orders with ease.

Using interbank liquidity allows us to offer trading conditions which can be managed to suit our clients’ strategies.

Our clients benefit from an exceptional trading environment via our tailor-made solutions and the unique provision of services.

Should you wish to obtain more details, feel free to contact your account manager for further details.

Account type details

So which account is right for you? See the features of the accounts that we offer in detail and choose the one that suits your needs.

Filter
deposit
currency
leverage
minimum transaction size
variable spreads from
average EURUSD spreads
execution type
commission
islamic account
hedging and scalping
expert advisors
dedicated account manager
full range of currency pairs available to trade
real-time online customer service
full IT support
technical analysis reports
A full array of investor education tools

STANDARD STP	PRO STP (*)
no minimum	from $200
USD, EUR, PLN, GBP	USD, EUR, PLN
up to 1:30 (retail clients) up to 1:500 (professional clients)	up to 1:30 (retail clients) up to 1:500 (professional clients)
from 0.01 lot	from 0.01 lot
from 0.7 pips	from 0 pips
from 1.8 pips**	0.3 pips
market execution	market execution
yes	no
optional	optional

PRO STP accounts / conditions

account type	last
PRO STP $15 + raw spread	minimum deposit of 200 USD/EUR
PRO STP $15 + raw spread	minimum deposit of 2000 USD/EUR. As additional conditions may apply please contact your account manager for more information
PRO STP $15 + raw spread	this account type is suitable for white label clients. As conditions for this account vary please contact your account manager for further information

If our clients wish to see where their orders were settled, we can provide an audit trail showing which of our liquidity providers executed the orders. Read more on how you can qualify.
1.6 pips on EUR/USD can apply, when certain conditions are met (please contact your account manager for further information)

148 strovolos avenue, 1st floor, CY
2048,
nicosia
cyprus

Acierfx ltd previously argusfx ltd is authorized and regulated by the cyprus securities and exchange commission (cysec) under CIF license number 334/17.

Risk warning: forex and cfds are leveraged products and involve a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary.

Acierfx ltd previously argusfx ltd does not offer its services to residents of certain jurisdictions such as USA, iran, cuba, sudan, syria, north korea, belgium, canada and japan.

Forex trading accounts

To trade online, you need to open a forex trading account. When you sign up, you will likely have to choose among several account types. The best forex trading accounts are those that suit your personal needs perfectly. On this page, we look at the forex trading account options you have. We also discuss ways in which these account options will impact your trading performance. You will learn:

Which is the best forex trading account?

Account types. What is a standard account, a funded account, a mini/micro account, a managed account, etc?

Geographic account type considerations.

Below are the best forex trading accounts in your location:

The top 5 forex trading accounts in ukraine

Opening a forex trading account

What do you need to consider when opening a new forex trading account?

The brokerage firm. Is it reputable or is it a known scammer?

The services the brokerage firm offers.

Costs and incentives involved.

The account type that best suits your needs.

Once you have gotten these issues sorted, there is 3 step process for opening an account:

Fill out the application forms and provide the information your broker requires.

Fund your account.

Start looking for investment opportunities.

When you select a brokerage firm, you take all these factors into account. You need to know whether your would-be broker is a trustworthy destination for traders. Though fewer these days, rogue operations still exist. Creating a real money account with such a broker is flushing money down the toilet.

You also need to know what incentives your broker offers. Match up these incentives with the costs. The broker has to support the account type you prefer and it has to give you access to a proper suite of services. You may even have a preferred account funding method. The broker may or may not accept/support that method.

Services-wise, you are looking for:

Proper trading platforms, with solid technical analysis tools.

Access to education and research.

Trading foreign markets.

Special features you may want.

Convenience. Some brokerage firms offer face-to-face guidance. Others do not. It always makes sense from the perspective of trust, to prefer an operator with physical offices close by.

As far as incentives go, some brokers offer commission-free trading. Others may even reward you for certain achievements as a trader. You may even want to keep your savings with the broker if it rewards you for it.

Make sure you read and understand the full pricing schedule/policy of your broker.

Determining the right trading account type to meet your needs depends on what kind of trader you are, and what your objectives are.

When you fill out your application forms, be aware that you will have to provide information on your employment status, investable assets, and net worth. Some find such probing on the part of the broker quite intrusive.

You also have to provide a copy of your ID/driver’s license. If you want to trade options or gain access to margin, you may have to provide additional information.

Brokers accept several account-funding methods.

Various e-wallets. (neteller, paypal, skrill etc)

Bank transfer.

Electronic funds transfer.

Checks.

Some may accept asset transfers and even paper stock certificates.

Which is the best forex trading account?

As mentioned, the best account type for you is the one that best suits your needs and personal profile. The factors you should consider in this regard fall into two main categories.

Your investment objectives.
The type of trader you are.

Choosing a forex trading account based on your investment objectives

– most “casual” traders invest with a relatively near-term goal. The “make some money” mantra is the main driver behind such efforts. If this mantra describes your investment objectives, you likely need a traditional brokerage account. Such accounts do not offer any tax advantages. On the other hand, they do not tie up your investments long-term either.
You may also be able to trade on margin with such an account. Trading on margin involves borrowing money from the broker. The assets in your account will serve as collateral in this case. Trading on margin carries some obvious risks.

– if your goal is to secure your nest-egg for your retirement, an IRA (individual retirement account) is your option. All IRA options, such as traditional IRA, roth IRA, and rollover IRA offer you tax benefits. On the downside, you will not be able to touch this money before you are old.

Choosing a forex trading account based on what type of investor you are

– you are an absolute beginner. And as such, not much of an investor. What you need at this stage is education. Possibly some good trading signals as well. In a word, you need an account, through which the broker can hold your hand. It could be that your ambitions are not high. Still, you need to know why you are doing what you are doing. Customer service and user interface are important factors in your account selection.

– you are a “value” investor. Such investors buy and hold assets, to sell them when they appreciate. Such investors are not active traders. If you are a value investor, you value fundamental analysis. You have little use for charting and fancy technical indicators, however.

– passive investing. Those who invest in index funds passively do not require much from their broker. Unlike beginners, such traders don’t need their hands held either. They just need access to index funds, and good tradable asset selection within this category.

– high frequency trader. Active traders do not hold their positions long-term. They buy and sell with high frequency. Thus, they need all the bells and whistles their broker can offer them. They want good trading platforms with superb charting. Outstanding reporting and a highly functional interface are also musts. Technical analysis is the bread and butter of this trader category. Trading costs are also very important for active traders.

Forex trading account types

There are four basic account type categories: standard, funded, mini and managed. We will look at each in turn.

Within these categories, there are a few additional variants, such as the micro accounts. There are a handful of special account types as well, such as islamic accounts, demo accounts, and VIP accounts. Every one of these account options carries some advantages and some disadvantages.

Standard trading accounts

The name of this account option stems from the standard lots to which it gives traders access. A standard currency lot is worth $100,000. Such a lot size seemingly places this account type out of the reach of average traders.

You do not have to have $100,000 in your account to trade, however. The existence of margin and leverage means that you only have to have $1,000 to trade a standard lot.

Leverage varies based on many things. In the EU, forex leverage is capped at 1:30. In other places, brokers may offer leverage up to 1:500 even on standard accounts.

Brokers offer full services for the holders of standard accounts. Such accounts require upfront capital, so these are all depositing traders. The profit potential of this account type is significant as well.

On the downside, the same goes for loss potential. For this reason, you should only trade through a standard account if you are an experienced trader.

Funded trading accounts

Some brokers/other financial organizations fund certain traders. They provide them with starting capital, in exchange for a share of their future profits.

How does such a setup work?

Would-be funded account owners need to pass an evaluation program. If the broker’s analysts consider them to be good candidates, they grant them a funded account.

Funding can run into millions of dollars. Profit splits are in the 50% range. Funded accounts carry monthly profit targets. Traders who fulfill these targets can gain additional funding.

The broker pays out the profits periodically.

What do you need to do to secure such a funded account?

Your first step is to sign up for the evaluation program.

Trade through the evaluation account and reach the targets.

Earn a proper funded account and start making money for you and the account provider.

Mini and micro trading accounts

A standard account features $100,000 lots. For traders who cannot afford to trade in that league, despite margin and leverage, mini accounts offer an alternative. A mini account supports mini lots. These lots are worth $10,000 each. Mini accounts usually accompany standard accounts and they target new traders.

Micro accounts take this approach a step further. They support micro-lots of $1,000. Such accounts are even more affordable than the mini ones. Like the minis, micro accounts target beginners as well.

The main advantage of mini and micro accounts resides in risk-reduction. For a mere $250-$500, you can open such a trading account. Trading in lower increments stretches your funds longer as well. This is one of the reasons why professional traders like to use such accounts. They can test their strategies in a low-risk, real-money environment.

In addition to the inherent risk-minimization benefits, mini and micro accounts let you spread your funds thinner. Thus, you can better micro-risk-manage them.

The obvious downside is that risk/loss minimization reduces profit potential as well. Such accounts are, therefore, hardly suited to cover the profit needs of professional/advanced traders.

Managed trading accounts

Forex trading account management works like this, A managed account is one that holds your funds but excludes you from decision-making. You make your deposit, and someone else – usually a broker-side expert – does the trading for you. You may be able to set objectives, however.

Why would you want to give up control through such a trading account?

– you are not an expert and you feel that the manager will do a better job than you ever could. Thus you let the manager handle your individual trading account.
– you feel that pooling your money with the funds of other investors offers you a degree of protection. Such managed accounts work like mutual funds. Managers handle the trading and they distribute the profits.

Managers rank these pooled accounts according to risk tolerance. Those looking for higher profits opt for more risky accounts. Those with a lower risk tolerance play it safer, earning less.

The main advantage of a managed account is that it allows you to cash in on the skills of a forex professional. Furthermore, you get to do it hands-off.

The disadvantage is that this forex expert will cut a commission from your profits. Managed accounts require larger deposits than regular ones. Individual accounts may require as much as $10,000. Pooled accounts are slightly cheaper at around $2,000.

Islamic trading accounts

Islam holds trading to be haram (not permitted). There are ways to turn it into halal (permitted), however.

All trading activity has to adhere to the principles of islamic finance.

There must not be any interest (riba) involved.

Exchanges involved in trading have to be immediate.

No gambling is allowed.

Risks, as well as benefits, have to be distributed.

Islamic accounts are swap-free accounts, through which transactions and the payments of costs associated with them, happen instantly. In the context of islamic trading accounts, the margin, commissions and administrative fees are not riba.

VIP accounts

Brokers reserve their VIP accounts to their most privileged clients. A VIP account holder enjoys special benefits, such as superior trading conditions. Forex brokerages often invite VIP traders to special events, treating them to special rewards.

What do you have to do to gain access to such an account?

You normally need to deposit an unusually large amount of money (often upward of $100,000). You will also need to trade frequently and perhaps meet certain trade volume requirements.

Demo accounts

A demo account is the “play money” simulation of a real account. It allows traders to test the platform and trading conditions. Some may also use such accounts to test-run certain strategies.

When you sign up for a demo account , the broker credits your account with a set amount of virtual funds. Some demo accounts offer the same functionality as a standard/mini/micro account. Others limit their users’ access to certain features.

Geographic considerations

Sometimes, your geographic location should play a role in your account type selection. Some jurisdictions may limit certain trade types. In the US, there is no CFD trading. The practice is against US securities laws.

Leverage varies greatly between EU regulated countries, the UK for example, and other parts of the world. In the EU forex margin is limited to 1:30 by ESMA, the european regulator.

In other parts of world, india and south africa for example, leverage can be offered up to 1:1000 (though 1:400 or 1:500 is more typical)

The taxes you have to pay on your profits also vary from one jurisdiction to another. Read our taxes page for more on that.

Best forex managed accounts 2021

The world’s most popular FX platforms, the MT4 and the MT5 both feature the possibility of having a money manager manage accounts through them. This is often called a MAMM account.

The brokers below represent the best forex managed accounts brokers.

82% of retail CFD accounts lose money

ECN, market maker, no dealing desk

Here’s a list of the best forex managed accounts brokers.

Regulated by: cysec, FCA, FSC

Headquarters : 30 churchill place, london, E14 5EU, UK

82% of retail CFD accounts lose money

Activtrades

Headquarters : 1 thomas more square london E1W 1YN united kingdom

FP markets

Headquarters : level 5, exchange house 10 bridge st sydney NSW 2000, australia

What is a forex managed accounts?

How does a managed forex account work?

Account types

Individual account

Pooled account

PAMM, LAMM, & MAMM accounts

What should you look for in a managed forex account?

The risk level of an account or manager is something to consider. When trading with an individual account, you want to choose a money manager who’s trading style and history is at the level of risk you’re comfortable with. You can advise your money manager on how to trade, but by choosing one that trades with your level of risk already can make all the difference. As well, with trading accounts, you want to choose a pool with your appropriate risk level and trading method.

Another important factor are the fees, expenses, and minimum deposits involved with a trading account. Many firms will charge performance fees to your account. These fees can vary greatly based on the account type, and risk level of such an account. These rates can range from anywhere between 10%-35% and some cases even higher. These rates are in accordance to a principle called the “high water mark”. This protocol is applied to your account if at the end of each month your net balance is higher than a certain percentage. If this is the case, your account will be deducted the performance fee which is a certain percentage. Some brokerages may also charge an account management fee on top of the other fees for following a specific formula. Also in some cases, there can be a fee for the termination of account in the event of transferring all funds.

An important factor when choosing a reputable managed forex account is the availability of past performance history. Past performance may not be an indicative factor of future results, but at least the history shows experience of the forex account. There should be published history of at least a few years for a reputable brokerage managed account.

How to open a managed forex account?

Before you make the necessary steps to opening an account, you must first determine your risk tolerance. You need to know this so you know who to look for in a money manager, you can view their track record and overall risk score. Another point that goes along with this are your goals. If you want to make higher profits in a short amount of time, high risk managed account might be the option for you.

Spend time networking and searching for the right forex trader. There are lots of options out there, but not everyone is right for you. Use your due diligence and research, reach out, and network to find the best possible forex brokerage.

Once you have narrowed down your list of forex traders, you need to go over each contract. Make sure you feel comfortable with everything and understand the max drawdowns, liability coverage, fees and expenses, and so on. Your due diligence is key in obtaining a successfully managed forex account.

Again, ensure everything is up to spec with the trader your interested in. View past performance reports, client testimonials, reviews, and anything you can dig up on the internet.

Once you have completed the steps above you are ready to select a forex trader to manage your account. You’ll need to complete and sign the necessary documents, and contracts including the signing of a limited power of attorney agreement (LPOA).

The next step is to receive your account number and transfer funds into the account. The account number is tied to your name, information, and your segregated trading account. Once everything is in order you can go ahead and transfer the funds, knowing you’re with a trusted and secure forex trader by following the steps above.

Finally, you wait for the money to be transferred, and it’s complete. It really is a simple process. You can have a managed forex account up and running within a few days. Now, you can analyze your account and even learn from the trades that are being made.

TRADING ACCOUNTS: FIND THE BEST FIT FOR YOU

Choose the best conditions suited to your particular trading needs. GKFX prime offers several accounts
with various conditions, designed to meet your needs perfectly!

Because we know that not every trader needs or thrives with the same trading conditions. To help you
find the best options for you, we created four accounts to suit the most preferred trading styles globally.

Still looking for something else? Contact our support team and let us help you
find your dream conditions together!

HOW TO CHOOSE A TRADING ACCOUNT

Choosing the best account type for you depends on several
factors. First of all, consider your tolerance for risk and then
the size of your initial investment. Are you more comfortable
with standard spreads and rates or are you looking to trade
larger volumes with lower costs?

The next thing to consider is how much expendable time you
have to trade cfds daily. Will you be able to check your
trading platform regularly? Would you rather automate your
rading with tools and VPS?

'perhaps you are a beginner and would rather invest on a
proven strategy on our easy-to-use copy trading or
social trading platforms?

STANDARD FIXED

A great choice for beginners with quick access to top markets with low pricing

Instant access to top world markets

Fixed spreads, low prices for popular cfds

No minimum deposit requirement

No commissions, no additional fees

STANDARD VARIABLE

For beginners looking for varied spreads and quick market access with low pricing

Instant access to top world markets

Low & varied spreads for cfds

No minimum deposit requirement

No commissions, no additional fees

ECN ZERO

Best option for currency trading, spreads as low as 0.0 on major pairs

Instant access to top world markets

Spreads starting from 0.0

No minimum deposit requirement

$10 commission per round lot

VIP VARIABLE

Best trading conditions for our exclusive customers

Instant access to top world markets

Competitive pricing, no commissions

Top tools, charts and analysis tools for free

Free access to special features such as VPS

NOT SURE WHICH ACCOUNT IS BEST FOR YOU?

Check our account comparison table to see all the features and conditions compared to each other.

STANDARD FIXED	STANDARD VARIABLE	VIP VARIABLE	ECN ZERO
typical spreads	from 1.8	from 1.2	from 0.6	from 0.0
base currency	EUR,USD,GBP	EUR,USD,GBP	EUR,USD,GBP	EUR,USD,GBP
min. Volume	0.01 lots	0.01 lots	0.01 lots	0.01 lots
max. Volume	100 lots	100 lots	100 lots	100 lots
leverage*	up to 1000:1	up to 1000:1	up to 400:1	up to 1000:1
platforms	MT4,webtrader,MT5	MT4,webtrader,MT5	MT4,webtrader,MT5	MT4,webtrader,MT5
FX pairs	43	47	47	41
no commision	$10/lot
swap free**
stop out	20%	20%	20%	20%
min. Deposit	$5.000 deposit

* the maximum allowed leverage is 1:1000 as long as the equity is under $2,000.

** swap free accounts are available for $10,000 account balance and above.

UNLIMITED ACCESS!

The best way to keep track of your accounts. Get notifications
and access your dashboard any time!

Open a live or demo account, make secure deposits or get latest
market updates for free!

More about us

Bonus

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Awards

Company news

Social feed

Legal documents

Terms of business

Risk disclosure

Insurance

Cookie policy

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Glossary

Quick links

Start trading now

How to open an account

How to deposit

How to withdraw

How to verify account

How to install MT4/MT5

RISK DISCLOSURE

All financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors and you can lose more than your initial deposit. Please ensure that you fully understand the risks involved and seek independent advice if necessary. For further information, please see our full risk disclosure, terms of business, and privacy policy.

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Fx trading accounts

With over 300+ instruments such as FX pairs, indices, commodities and share cfds, trade your way with vantage FX.

Trading accounts
- RAW ECN
- Standard STP
- PRO ECN
- Islamic
- Compare accounts
- Unlimited demo account

Products
- Forex
- Indices
- Energy
- Soft commodities
- Precious metals
- US share cfds
- UK & EU share cfds
- AU share cfds

Trading conditions
- Trading hours
- Spreads and commissions
- Leverage
- Swap rates
- Oil rollover
- Slippage policy
- Notification
- Dividend adjustment
- Corporate actions

Platforms

Access the industry leading MT4 and MT5 platforms on your PC, mac, ios and android devices.

Trading platforms
- Vantage FX app
- Metatrader 4
- Metatrader 5
- Webtrader
- Metaquotes apps
- Compare platforms

Social trading
- Zulutrade
- Myfxbook autotrade
- Duplitrade

Clients

Vantage FX offers clients award-winning customer service, a range of promotions, educational resources and trading tools.

Accounts
- Deposit
- Withdraw
- Change leverage
- Teamviewer
- Deposits and withdrawals policy
- Dispute resolution
- Help & support

Education
- Learn forex
- MT4 manuals
- MT5 manuals
- MT4 videos
- Smarttrader tools videos

Promotions
- Refer a friend
- Active trader program
- 50% deposit bonus
- FX rebates 10% bonus

Free tools
- MT4/MT5 smarttrader tools
- Forex VPS
- Economic calendar
- Forex sentiment indicators
- PRO trader tools
- PRO trader tutorials

About us

Vantage FX is a leading regulated forex broker offering traders around the world access to global markets.

About us
- Who is vantage FX？
- Why choose vantage FX？
- Vantage FX awards
- Our trading servers
- Our partners
- Contact us

Legal and licensing
- Regulation
- Legal documentation
- Press releases

Partnerships

Partner with vantage FX, the industry's leading forex broker for ibs and CPA affiliates and start earning more today.

TRADING
- Trading accounts
  - RAW ECN
  - Standard STP
  - PRO ECN
  - Islamic
  - Compare accounts
  - Unlimited demo account
- Products
  - Forex
  - Indices
  - Energy
  - Soft commodities
  - Precious metals
  - US share cfds
  - UK & EU share cfds
  - AU share cfds
- Trading conditions
  - Trading hours
  - Spreads and commissions
  - Leverage
  - Swap rates
  - Oil rollover
  - Slippage policy
  - Notification
  - Dividend adjustment
  - Corporate actions

Platforms
- Trading platforms
  - Vantage FX app
  - Metatrader 4
  - Metatrader 5
  - Webtrader
  - Metaquotes apps
  - Compare platforms
- Social trading
  - Zulutrade
  - Myfxbook autotrade
  - Duplitrade

Clients
- Accounts
  - Deposit
  - Withdraw
  - Change leverage
  - Teamviewer
  - Deposits and withdrawals policy
  - Dispute resolution
  - Help & support
- Education
  - Learn forex
  - MT4 manuals
  - MT5 manuals
  - MT4 videos
  - Smarttrader tools videos
- Promotions
  - Refer a friend
  - Active trader program
  - 50% deposit bonus
  - FX rebates 10% bonus
- Free tools
  - MT4/MT5 smarttrader tools
  - Forex VPS
  - Economic calendar
  - Forex sentiment indicators
  - PRO trader tools
  - PRO trader tutorials

About us
- About us
  - Who is vantage FX？
  - Why choose vantage FX？
  - Vantage FX awards
  - Our trading servers
  - Our partners
  - Contact us
- Legal and licensing
  - Regulation
  - Legal documentation
  - Press releases

Partnerships
- Refer and earn
  - Introducing brokers
  - CPA affiliate programs
  - Hybrid partners
  - White label

Compare forex trading accounts

Choose between our standard STP or
RAW ECN accounts

Trading accounts FOR ALL TRADING LEVELS

Standard STP account is perfect for novice traders who want simple, direct market access with no commissions

Metatrader 4
metatrader 5

44 currency pairs
16 indices
19 commodities
226 share cfds

MT4 / MT5 for mac
webtrader
mobile apps

Conversion of promotional credit into cash

$ AUD $ USD
£ GBP € EUR
$ SGD $ CAD
$ NZD ¥ JPY
$ HKD

RAW ECN is designed for the experienced trader who requires deep liquidity and razor sharp spreads

Metatrader 4
metatrader 5

44 currency pairs
16 indices
19 commodities
226 share cfds

MT4 / MT5 for mac
webtrader
mobile apps

From $3.00
per lot per side

Conversion of promotional credit into cash

$ AUD $ USD
£ GBP € EUR
$ SGD $ CAD
$ NZD ¥ JPY
$ HKD

PRO ECN is tailored for professional traders and money managers who trade high volume

Metatrader 4
metatrader 5

44 currency pairs
16 indices
19 commodities
226 share cfds

MT4 / MT5 for mac
webtrader
mobile apps

From $2.00
per lot per side

Conversion of promotional credit into cash

$ AUD $ USD
£ GBP € EUR
$ SGD $ CAD
$ NZD ¥ JPY
$ HKD

Fast & easy account opening

Register

Choose an account type and submit your application

Fund your account using a wide range of funding methods.

Trade

Access 300+ instruments across all asset classes on MT4 / MT5

Contact us

Funding methods

BANKING WITH:

Risk warning:
trading forex and cfds involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

Advice warning:
the information on this website is of general nature only, and the advice has been prepared without taking account of your objectives, financial situation or needs. Accordingly, before acting on the advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, and after considering the legal documents.

Regional restrictions:
we do not offer our services to residents of certain jurisdictions such as north korea, canada, spain, united states and some other regions. For more information, please refer to our FAQ page.

Vantage group of companies is authorised and regulated in various jurisdictions.

Vantage international group limited trading under vantage FX, is authorised and regulated by the cayman islands monetary authority (CIMA), securities investment business law (SIBL) number 1383491 and is registered at artemis house, 67 fort st, PO box 2775, grand cayman KY1-1111.
Email: [email protected]

Vantage global limited is authorised and regulated by the VFSC under section 4 of the financial dealers licensing act [CAP 70] (reg. No. 700271) and is registered at icount building, kumul highway, port vila, vanuatu.
Email: [email protected]

Vantage global prime pty ltd trading under vantage FX, is regulated by the australian securities and investments commission (ASIC), AFSL no. 428901 and is located at level 29, 31 market st, sydney, new south wales, 2000, australia.
For clients who onboarded via vantagefx.Com.Au
phone: 1300 945 517
email: [email protected]

Vantage global prime LLP is authorised and regulated by the financial conduct authority, FRN: 590299, and is registered at 7 bell yard, london, england, WC2A 2JR (company no. OC376560).
For clients who onboarded via www.Vantageglobalprime.Co.Uk
phone: +44(0)20 7043 5050
email: [email protected]

So, let's see, what we have: FX empire’s top picks for the best forex managed accounts. We evaluated online brokers for their regulations, trading platforms, customer service, account types, commissions and more. At fx trading accounts