We have all been there when we signed up for some investment product such as fixed term investment where your money was tied to some fixed period during which it couldn’t be touched or withdrawn. Also there are investments that have minimum investment period you are obliged to fulfil. Managed forex accounts with us don’t have such limitations.
As you don’t have control of trading what is exactly purpose of managed account, on the other hand you have full control of funds on your account. Our broker gives you several tools you can use to be on top of everything.
If you don’t like what is happening on your managed trading account, you are always free to revoke trading authorization of your trader which will not allow trader to open any new positions on your account, effective immediately.
You are able to set your own risk and either risk less or more of what is trader originally risking. If you set your risk coefficient to 2, it will risk twice as much. If you set it to 0.5, on your account it will open half the amount trader is opening on our master account.
In broker’s back-office there is a section where you input all your bank account information and you can request withdrawal anytime. Withdrawal requests are proccessed automatically and information you provide is used to send your funds right away. Usually the funds are sent same day and some clients receive the funds on same day. Your investment is therefore very liquid and you have immediate access to your funds in case you need it.