Does FXCM have Managed FX Accounts?

For traders, who are new to the online trading, FXCM provides a copy trading service through “ZuluTrade”.

Find out more information about the ZuluTrade’s copy trading service in the page here.

FXCM may not offer “Managed Account” program directly, but uses the third party service.

By signing up with ZuluTrade, you can copy traders of professional investors, directly to your live trading account.

By selecting multiple signals on ZuluTrade, you can also create your own portfolio to manage your account.

Go to ZuluTrade Official Website

Become an investor with FXCM

The exceptional buzz around the term “Forex” over the past few years is a testament to the increasing popularity of a class of investments once reserved only for institutions and the super wealthy.

Now that the foreign exchange markets have been opened to the masses with the benefits of diversification and the possibility of uniquely outsized returns – it is easy to see why investors of all sizes are flocking to invest in the foreign exchange market.

Unfortunately, returns on many investor accounts are not reflective of the superior returns experienced by institutions that have been investing in the foreign exchange markets for years.

As most individuals are new to the foreign exchange market, they are all too often easy targets for funds charging excessively high fees on the promise of unrealistically high returns.

It is FXCM’s experience that the high fees charged to the retail investor by these funds are too much to overcome for positive performance and the draw-downs experienced can be in excess of 50% of invested capital.

Go to FXCM Official Website

The Common Problem and The FXCM Solution

Below is an outline of some of the common problems faced by the individual investor and how the FXCM Managed Accounts Program aims to offer the individual a superior program, which is on par with programs formerly reserved for institutions and the super wealthy:

1. Trading Costs

The trading costs and additional fees paid by the individual investor are normally much higher than those of institutions and the wealthy investors putting their money in the same market.

This discrepancy presents an uneven playing field, particularly affecting the individual investor by lessening the benefits offered by the FX market.

While this scenario is also present in mainstream investing (such as stock mutual funds), its presence in the foreign exchange market has proven more substantial; for most firms in the foreign exchange market, making profit from charging individuals high fees takes precedence over their investors’ best interests.

Go to ZuluTrade Official Website

2. Lower Fees

By leveraging the combined power of the firm having serviced over 78,000 foreign exchange accounts to date, the FXCM Group has access to the best pricing available in the foreign exchange market.

Instead of taking the short term profit approach of taking on large fees on top of what FXCM pays, the firm is able to employ a longer term approach by passing its own low costs along to its investors.

This change will generate improved overall returns, a consequent ability to attract more assets, and in turn, will prove to be more profitable.

Read ZuluTrade Service Review

3. Inexperienced Traders

To make consistent profits over the long term is among the most difficult tasks in trading any market. With this fact, one would expect demanding requirements for permission to trade other people’s money.

The fact is, however, that these prerequisites are often missing as almost anyone can start a managed foreign exchange fund.

Without a censor over just who can and cannot manage money, a large majority of foreign exchange managed funds are traded by individuals with questionable experience at best.

Visit ZuluTrade Official Website

4. Leverage FXCM’s Experience

With over 500 employees worldwide, FXCM has hundreds of years worth of Foreign Exchange experience within its own staff.

FXCM’s research and trading desks are staffed with analysts and traders from the world’s leading banks, including UBS, JP Morgan Chase, Citibank, Goldman Sachs, Merrill Lynch, ABN Amro, and many more.

In addition to the in-house efforts of these analysts and traders, the FXCM Group also leverages the experience of having serviced over 78,000 foreign exchange accounts to date and picks the top traders from its client base to assist in the program’s development of profitable trading strategies.

Merit and Demerit of Automated System Trading

5. Inconsistent Returns

The large majority of foreign exchange funds are trend following, meaning they make money when the market is making drastic movements but lose money when it trades within a range.

For the individual investor, the focus on solely trend following markets translates into the risk of a large loss should the market stay in a range for a significant period of time.

Visit ZuluTrade Official Website

6. Consistent Returns

The FXCM Managed Accounts Program stands apart from the trend following majority of foreign exchange programs, as it implements strategies that take advantage of both trending and range-bound market conditions.

In diversifying investments across both strategies, investors will face a reduced chance of large drawdown and instead, will likely experience more consistent returns.

Open ZuluTrade Account

While the diversification benefits and possibility of outsized returns are a great match for many investors it is important to understand that alternative investments are considered riskier than most other types of investments and do not come without the risk of loss of capital.

1

XMXM

4.9 rating based on 1,166 ratings
4.9/5 1166
2

DerivDeriv

4.9 rating based on 143 ratings
4.9/5 143
3

LQDFXLQDFX

3.5 rating based on 93 ratings
3.5/5 93
4

FBSFBS

3.6 rating based on 99 ratings
3.6/5 99
5

FXTMFXTM

3.9 rating based on 43 ratings
3.9/5 43
1

PrimeBitPrimeBit

3.9 rating based on 7,130 ratings
3.9/5 7130
2

BinanceBinance

4.3 rating based on 7,662 ratings
4.3/5 7662
3

bybitbybit

4.2 rating based on 3,323 ratings
4.2/5 3323
4

XBTFXXBTFX

1.9 rating based on 4,449 ratings
1.9/5 4449
5

BitMEXBitMEX

3.8 rating based on 6,911 ratings
3.8/5 6911