Forex, want a company to manage my money,but dont which one?

Question

Hello every one, i want to invest some $500 in forex.

But i dont know how forex works, so first of all, i want put that money in a comapny who will manage my money and buy me some percent each mounths.

Can you suggest me a company?

Answer 1

As mentioned above you need much more money for a managed account. I would recommend you to open Financial Spread Betting account as it's cheaper and there're more markets available than in forex, remember with spread betting account you can deal with currencies, commodities, indices and shares. Check out http://www.independentinvestor.co.uk as they compare more spread betting accounts than anybody else and quite unbiased. I tried them and opened account with Capital Spreads for myself. The choice is yours.

Answer 2

most fund management companies (even in forex) have a minimum investment of $10,000.00. however, you could put that $500.00 in a mini account and learn how to trade currencies yourself. who knows, you might become a fund manager yourself.

Answer 3

Hello there,

I just want to warn you that please make sure which company you invest as now-a-days most of the online forex dealers are found scams. These are some points you should also keep in mind before choosing:

1. Research thoroughly, keep address, phone no#. Make sure to validate these personally.

2. Choose the one who charges lowest commission and other charges. Some dealers shows low brokerage but charges other fees as well. Define each and every condition and situations.

I had a bad experience therefore i liked to warn everybody about it. Now my funds are managed by Finexo.com whose managed accounts facility is quite good. They keep there commitments and also there is no hidden charges. Just keep looking for others as well. I am providing you the managed accounts link of Finexo you visit there and make your judgment as the returns is also quite high here.

Answer 4

Forex isn't as hard to pick up as some people would like you to think. If you want to trade forex successfully for yourself, try taking a look at http://forexmoguls.com .

They offer several bits of helpful information and links that could very well get you on your way to profits. This way, you wouldn't have to pay a cut of your earnings to a company that may not do as good of work with your money as you would.

Answer 5

no fund company will manage your account with just $500 capital, however, you may check your options in this site. for a minimum deposit of just $100, they will provide you a personal Account Service Manager (ASM) with whom you can talk live via phone, email or chat.  you can then take this opportunity to ask everything you want to know about forex.  being an expert forex trader himself, your ASM will be your best resource person and he will even trade along with you so that you will get to familiarize yourself about how the real trade is done and give you the tips and tricks you need to know and do to achieve a profitable forex dealing.

Register for a start and download a Free Forex Ebook for your reading.

Answer 6

I am trading with this company

Answer 7

Forex trading-http://tradingsforex.info/