What is a Managed Forex Account?

Managed Account is defined as an investmentA managed forex account allows an investor to have
account that is owned by an individual investor andtheir funds traded professionally by an experienced
looked after by a hired professional money manager.trader or automated system via a limited power of
What is a Managed Forex Account?attorney agreement. The manager cannot deposit or
A Professionally Managed Forex Account is awithdraw funds from your account without the
discretionary account where you give permission to aproper authorisation to do so, and you retain full
Commodity Trading Advisor (CTA) to make allaccess and control over your account at all times. A
trading decisions on your behalf through a revocablemanaged forex account enables the manager to
power of attorney or a third party tradingtrade your account on your behalf without having to
authorization.transfer the funds into his account.