What is a Managed Foreign exchange Account?
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A Managed Foreign exchange Account is a entirely segregated account separately owned by the investor at a brokerage agency, but traded by a professional trader or income manager on their behalf. Consumers retain whole control in excess of their accounts at all time, as their income administrators are granted “trade only” obtain to the accounts. It is a very exclusive and well-structured product.
By Barry Norman, Traders Investing Academy.