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managed forex under $2000

Discussion in 'Beginners Bootcamp' started by onwukarisa, Jul 30, 2008.

  1. onwukarisa

    onwukarisa Private, 1st Class

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    hello,

    is it possible to get a forex broker that i can open a managed account with using $2000
     
  2. Vela Invest

    Vela Invest Recruit

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    Managed forex account

    Hello, why don't you look into Froex Managed Pro they let you start an account with $1000.00, but you have to up your account to $5000.00 after 3months or they may stop trading your account. I've emailed them a few times to ask them questions and they respond pretty quickly. Take alook at the WON account. It's doing pretty good. Let me know what you think. Good luck.
     
  3. Vela Invest

    Vela Invest Recruit

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  4. Vela Invest

    Vela Invest Recruit

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    Managed forex account

    I'm sorry it's Managed Forex Pro:)
     
  5. Onyebuchim C. Obike

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    Managed Accounts

    ;)
    Hi,

    I would advise you to research this with extreme caution. Make sure you read lots and lots of user reviews about managed account. :)

    Also check out the thread link here on Managed Account for reviews and info.

    Sure you'll get a Broker to managed that amount but i'd say its risky cos they (brokers) deal mostly with large amounts due to the risks involved with margins. :eek:oh:

    Anyway wish you the best and pray scammers never get your way.
     
  6. PistolDave

    PistolDave Corporal

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    In my opinion, no.

    What seems more likely is that you will finally meet someone who will claim to have a "pooled account" that will be managed by a professional trader.

    It will have lots of hype and pie-in-the-sky promises.

    It will likely (almost certainly) be a scam.

    You will send them your money.

    You will lose every cent you sent them, plus all the friends money that invested when you referred them.

    Are they all scammers? No. Just the vast majority.

    Below, listed is one man I would contact first concerning managed accounts. He doesn't manage money, he does research and due diligence on so called money managers. He can explain to you how to select a reputable money manager.

    Check it out before you lose a lot on scams, like I already have.

    And no, I don't get paid to refer clients to him.

    Robert Aguilar
    281-678-8472
    Robert@bestfxtraders.com
    Best FX Traders - Investment Advisor and Managed Accounts
     
    #6 PistolDave, Aug 5, 2008
    Last edited: Aug 5, 2008
  7. jimbo911

    jimbo911 Recruit

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    Forex managed accounts

    I am new to Forex and having got my fingers seriously burnt with a rogue trader i a conscious i need to do my homwork to find an honest and successful forex manager. Can anyone advise or recommend trusted managed account traders/companies i could approach to consider using?
     
  8. Pharaoh

    Pharaoh Colonel

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    I've never tried them out, but it might be worth visiting Zulutrade. You can find out more about them on their review page:

    Zulutrade.com reviews and ratings by Forex Peace Army

    As I understand it, you can select from a bunch of signals providers and have them place trades in your account. Make sure to check the history and max drawdown of any one of them that you are considering.


    One special note - If you want "managed forex" for small amounts of cash, avoid all those strange little websites promising huge fixed daily/weekly/monthly returns and only accepting money via Liberty Reserve, e-gold, etc. 99.9999999% of them are Ponzi schemes. You might be able to make a few dollars if you are lucky, but if you invest heavily and make a significant amount, the odds are that you will never see any of that money, or your initial deposit.
     
    #8 Pharaoh, Nov 20, 2008
    Last edited: Nov 20, 2008
  9. fxfrench

    fxfrench FXOpen AU Representative

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    Any account "manager" that would bother to take an account of less than $25,000 is likely to give a less than satisfactory result I think. take that as a red flag.
     
  10. Christian Howard

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    About managing forex under US$2000

    I’m not sure if you’re or not allowed to open an account with that amount but I wouldn’t recommend it according to some professional advices that I’ve read cause the real profits will appear after investing more than this amount that you want to invest. I’ll take a look to some advisors websites and I’ll recommend to you a particular one.

    chrish
     

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