Forex Managed Accounts

 

Forex managed accounts are for individuals who ahve not got the time to trade their own account or the expertise, knowledge and skill set to trade the currency markets. Forex Managed Accounts were created for investors with risk capital who do not necessarily want to trade on their own. In a Forex Managed Account the positions belong to your portfolio alone. Unlike mutual funds or hedge funds which commingle your funds with other investors, a Forex Managed Account is in your name and all or part of your funds can be redeemed within one day. There is no lock up period.

Profinancial offer managed forex accounts with full account transparency and expert risk money management. Why have your forex managed accounts with Profinancial?

Professionally managed by a team of Forex traders
Funds are in your name and in your personal account - Only you have access to the funds
Monitor the trading activity with your own personal login ID
Add and withdraw funds at anytime and in any amounts - 100% Liquid
Cancel at any time
Trade out of an IRA or other qualified plan to minimize tax liability  

Profinancial offer 2 managed forex accounts the On Target Managed Forex Account and the Premier Managed Forex Account. To check out their two forex managed account systems and their free webinar click here to check them out. 

 

The On Target Managed Forex Account System



Although the On Target Trading System (OTTS) was initially created for the GBPUSD currency pair, the OTTS has now been adapted to trade on a total of four currency pairs: GBPUSD, EURUSD, GBPJPY, EURJPY. The system is traded by Richard Ottley and the Pro Financial FX team and is not a computer traded system. Ottley and his team follow the established rules for the OTTS and are systematic traders. By following rule based system the traders are able to eliminate the Fear and Greed Factor that cause so many traders, even professional traders, to fail due to human emotions. Each trade is calculated according to the current market magnitude. If the market magnitude and volatility is high then the OTTS predictions are larger, yielding a further from price limit order for price to retracement to -- reducing entry risk -- and also calculating larger profit targets for more upside potential if the trade moves in the predicted direction. On the flip side, if the market magnitude and volatility is low then the OTTS predictions are lower placing closer orders both on the entry and profit targets to reduce risk and conserve capital. Each calculation is different for each trade and therefore making it impossible for a computer to trade the system. Therefore, you have all the benefits of a systematic trading system with rule based human oversight.

 

.