In focus: Managed Accounts

by Tony Clifton   [Your Program Focused]

There is a way to say good-bye to all ponzi scams which rule the HYIP community - it is to invest only in legal and regulated companies. Unfortunately most of these opportunities are too far from the returns offered from the HYIPs - most mutual funds barely exceed ROI 10% - 15% per year with few of them making over 50% p/a, but not constantly.

Today the new hopes of the investors are oriented to the hottest thing recently - the Managed Accounts. In this article we'll introduce them shortly to the interested readers.

What is a managed account
"An investment account that is owned by an individual investor and looked after by a hired professional money manager." (quote from Investopedia). Usually we talk about FOREX, Stocks or Options managed accounts. It is the same like hiring forex/stocks brocker to work for you, however most brokers will need at least $100k and more to agree to work only for you. With the managed accounts you have the advantage to hire them with smaller amounts - but of course the broker won't work only for you.

Can you get scammed?
No, if you really open a managed account. What does that mean? When creating the account you should have it with a reputable money broker - this has nothing to do with the "reputable HYIPs". We talk about companies with buildings, registrations and staff - companies which can be found in the newspapers. Your trader can be part of such a company or can be independent - but the account is created at the broker's and is on your name. So the trader can never withdraw the funds. They can only trade with them.

Can you loose money?
Absolutely yes. The Forex or Stocks trading is a risky business. Your trader could loose your money so you should be careful when choosing them. Do not just look on the last 3-4 months performance, try to obtain at least one year historical data and verify it with the company-broker. Remember that previous results do not guarantee further performance.

What ROI can you expect?
You can only guess this based on the trading history of the choosen trader. Most managed accounts will barely exceed 50% per year, however there are good ones making 5% - 10% per month. This is probably the range which you should be looking for, because making higher figures means your trader loves to risk your money (this is not necesserily bad thing if you know it).

What is the minumim investment?
Most managed accounts require $25,000 minimal investment. If you search a little bit though you will find good ones starting with $10,000 or even $5,000. Much better than to invest these in programs like KUM.

How to find managed accounts?
There are several promissing ones discussed in the HYIP forums. There are very good perspectives in NSFG Managed Accounts, DukasCopy and TradeWestFinancial. Check the forex and stocks forums, contact traders and don't forget to search Google or MSN.

Picture from http://www.pakistanlink.com/

Published at Feb, 08 '06 ; read 3441 times;

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User comments:

chrisk at Feb, 13 '06 05:46
Please please do not invest in KUM it is a SCAM !!!!!!!
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clifton at Feb, 13 '06 06:02
Of course KUM is scam. Noone advices to invest there.
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DracoAurarius at Feb, 14 '06 02:06
example of trading statement http://www.dracoaurarius.com/DetailedStatement.htm
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Vlad at Aug, 13 '07 20:28
I have found a lot of managed accounts which accepts $ 10K as a minimum. How is it possible to determine which of them are not scam?
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Jamal Malik at May, 08 '08 04:48
A Forex Managed account that safely earned 13% this April 2008 can be found in the services tab after logging into http://MillionaireFirm.com. You can even request an conference call with Product Group Financial's Forex Trader who will be managign your FXCM account.
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mql4_indonesia at Jul, 18 '08 09:23
hello readers I can double your account faster... See my trading on http://www.mql4indonesia.co.cc see u there.. Regards Ical Hasanain http://www.mql4indonesia.co.cc
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