Investing in any market or asset class is a serious business and requires serious consideration and due diligence. Here are some vitally important points you need to take into account when deciding on where to invest in any managed forex fund.
The Company
Obviously before you send your hard earned money off to a foreign land it is essential that you know exactly who it is you are dealing with, where are they based and who is your point of contact at the business in question. They need to be able to make themselves available to you at short notice to answer any questions or concerns you might have.
Starting Balance
The minimum starting balance for forex managed accounts varies greatly. Obviously this needs to be a consideration when choosing a managed forex account. Many high end forex accounts have a starting balance of $1 million. Find one that suits your budget and start with the minimum and get a feel for their trading and see if you are satisfied with the results.
Past Performance
Perhaps…
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