What is a forex managed account?

With a forex managed account service, all the trading is done by the money manager or team of money managers. It is passive for the investor who does no trading at all. Active trading means that the investor themselves is actively trading the market and making their own decisions. How do I open a MAM/PAMM Account?

Do you need a managed forex account?

Busy individuals who can’t watch the market: Forex markets operate 24 hours per day during the week, and that’s far too much time for most individuals to study the market. If you have a demanding career or family obligations, a managed forex account lets you outsource some (or most) of the work.

How do I open a managed forex account?

You can open a managed forex account with a broker that provides the technology to do so. They may also provide options for managed account providers to follow, or you may want to set up your own managed account service.