Forex Account Management – Dubai, United Arab Emirates
Managed Forex Accounts – Forex Account Management in UAE
When a group of professional traders manages your fund and trade for you, it is called a Managed Forex Account. The professional traders provide you their service to you in exchange for a part of the profit from your account. The Managed Forex Trading account fees vary from 10 % of profit to 50% of profit share. The profit fees apply only when there is profit in your account. If there is no profit, there are no profit fees. Although there are many Forex brokers are available in Dubai and UAE, there are just a few Managed Forex Account providers in Dubai.
Why do retail investors go for managed trading accounts in Dubai? The retail Forex traders in Dubai choose managed Forex Accounts because Forex trading is not an easy task. It requires significant involvement and knowledge level to be successful and stay profitable. Forex trading involves high risks and your hard-earned money, so you can’t just leave it to luck to make money. Most of the retail investors lack the required knowledge of Forex trading and risk management. Hence they look for someone to rely upon. Here comes the role of a Managed Forex Trading Account – where you can just invest and rely on the professional traders with the proven track record to trade for you. You pay them a small percent of your profit every month.
Is Forex Account Management Service Reliable?
It depends on which Forex Account Management service you are using. You must verify the trading result and history of the managed Forex trading account provider. Since, they may manipulated their trading result, look for a reliable 3rd party verified result of the provider.
You can definitely depend on a Forex Account Management Service in Dubai who has an average monthly return of 20% or more for over two years. These trading results are verified by well known independent organizations. Hence you may trust this historical data.
A profit of 20% or more in Managed Forex Account in Dubai – sounds good, that’s right. World Markets has a proven track record of giving more than 20% average return for the past 2 years in the Managed Account. Their managed account starts with a minimum investment of $5,000.
What is Forex Account Management?
In a Forex Account Management service, the professional traders manage your trading account. They take a share from the profit in return for their services. The service fees typically vary from 10% to up to 50%. There are few managed account service which doesn’t charge any fees, their fees are adjusted in the trading fees and they advise you to sign up with their recommended Forex brokers.
Note: Avoid trading with unprofessional Forex Account Management service typically with no verifiable trading history. Avoid using Forex account management services offered on various social media like Facebook, Telegram channels, etc.
Forex Account Management Dubai
The Forex managed accounts Dubai – These are a type of reliable investment service in the financial markets for the individual or retail investors. Previously the managed Forex trading was an exclusive service for banks and institutions with large capital. However, now a few professional account managers have started accepting small investments from the retail investors. They allow investors around the world to avail of their trading services. The retail investors can invest their capital with the best traders in the world and pay for their services a part of the profit. Hence we strongly believe that the growth and development of the Forex managed accounts market will be significantly popular year by year.
ZuluTrade Forex Account Management
Zulutrade is one of the best copy trading platforms in the world with decades of transparent Forex Copy trading service. It is one of the companies which originated the Forex Copy trading and Social trading concept.
Many investors with ZuluTrade lost their money due to poor account management, risk management and lack of patience to wait for their strategy to work. Keeping in view these traders, ZuluTrade has added Managed Forex trading services along with its Copy Trading service for its clients.
ZuluTrade Managed Forex Accounts in Dubai – The certified account managers manage your portfolio and ensure it gets the best traders to follow along with optimum risk management. This is called the Traders’ Combo and Combo Plus service.
ZuluTrade is one of the most trusted names for the finest quality Forex copy services. Its platform is not restricted to any single broker; you can select from over 60 Forex brokers. The latest addition of Managed Forex Trading Services has made ZuluTrade among the most sought after managed Forex Account in the industry. It is preferred by traders in Dubai for Managed Forex trading accounts.
Frequently Asked Questions?
Forex trading managed accounts in Dubai, UAE- Will I make any money?
Forex trading is risky and it involves the risk of losing your capital. It’s so risky that many experts believe that there is a possibility for newbie traders to lose their capital. It is very difficult for home traders to understand and predict the currency market with their limited understanding and knowledge of the Forex market. The idea that an individual can reliably predict the movements of currencies is nonsense. Here comes the requirement of a Managed Forex Trading Account in Dubai – where the professional traders trade on behalf of you to generate profit. The trade records and verified by third-party agencies, hence you can be sure of their trading abilities and profit records. And if you let such fund managers trade for you, there is significant potential to make a profit in your account. Your chances of success in Forex trading increase many times in a professionally managed Forex trading account.
Can I start Managed Forex trading in Dubai, UAE?
By now, it is clear that Forex trading is full of risk and a complex area to master. Hence you must get extensive training and experience before you invest and trade yourself, or go for some trusted managed Forex trading account in Dubai, UAE to earn the profit.
Is managed Forex trading better than trading yourself?
Yes, managed Forex trading in Dubai is better unless you are an expert trader yourself. You must choose the right service with verified trade records. The managed trading provider must have a consistent history of making a profit in their account. Then only it is advisable to invest in managed Forex trading in Dubai, UAE.
The Conclusion – Managed Forex Trading in Dubai, UAE
The past performance of the account managers is no guarantee of future results. Although there is a higher probability that you may make a profit in your managed trading account, it is not guaranteed. Hence consider the risks involved before investing. Keep withdrawing your profit from time to time and let your account run on your profits.
If you have enough experience in Forex trading and aware of all aspects of it, then you may trade yourself. Otherwise, it is advisable to leave Forex trading for professionals. Let the professional traders trade for you in the Forex managed Accounts in Dubai while you lead a stress-free life. There are more than one professional traders with different trading approaches and trading with different strategies so that the account makes a profit every month even if any particular trader has a bad trading month.