Evaluating managed accounts options

January 2nd, 2010

The absolute most important thing to consider when evaluating managed account options is ensure you always have control over your funds at all times. If you are dealing with a reputable Forex Broker, and this should always be the case, you should not have too much to worry about in this respect. Further down we cover more on this aspect. If you avoid any type of pooled fund arrangement and use a LPOA or “Limited Power of Attorney” you should then be able to revoke the right of the trader to trade the account should the unthinkable eventuate. Best to be safe than sorry.

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