How Do Different Managed Forex Accounts Compare?

April 4th, 2009

Generally speaking, you will need at least $10,000 to invest in a managed Forex account, and you will need to have a lot more money than that available to you, too. That is, Forex being a volatile market, you don’t want to invest your entire life savings into it. It is interesting to note when you compare managed accounts how the fees stack up to each other. You need to look carefully for the right account for you. You might find that an account requiring a smaller initial investment might actually take a lower commission than one with a higher initial investment. For example, a $10,000 account might charge only a 25% commission, while a $25,000 account might charge a 35% commission.

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Entry Filed under: Business

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