#firstdealofthenewyearFateema A managed Forex account is an investment account where a professional trader or money manager handles all aspects of the trading process on behalf of the account holder. The manager makes trading decisions, executes trades, and monitors the account’s performance, typically for a fee or a percentage of the profits. Key Points: • Management Fee: Traders charge a flat fee or a performance-based fee (a percentage of profits). • Autonomy: Investors give up control of day-to-day trading decisions but can monitor performance. • Risk and Reward: Managed accounts can provide diversification and professional expertise but come with risks as performance is not guaranteed. • Types: Managed accounts may include forex funds, discretionary management, or copy trading where the manager’s trades are copied into the investor’s account. Managed Forex accounts are suitable for investors who prefer a hands-off approach but still want exposure to the Forex market .