Has anyone had any good experience with managed accounts? I am thinking of putting some money into one to diversify as much as I can.
What type of return can you expect?
I never saw a Forex managed account which wasn’t a scam.
So I prefer to invest my money on my own.
Well I have to admit, a lot of money managers have given us a bad name, that is why it has been so hard for us, legit money managers, to attract investors, I have mainly focused on word-of-mouth to spread my firm from 50k to over 800k in a couple of years. I have realised if you are good, your clients will refer you without you asking.
Anyways, don’t invest your money with someone you haven’t met in person. Also ask for references, statement for the last month and don’t accept performance fee higher than 25% and management fee higher than 2%.
Iyados
iyados what is your average monthly percentage and where are you located?