Diamond Managed FX-Some Important Details about This Broker
abstrak：Diamond Managed FX claims that it is an asset management company offering managed forex accounts service to its clients. Diamond Managed FX is not subject to any valid regulation. please be aware of the risk.
General Information
Diamond Managed FX claims that it is an asset management company offering managed forex accounts service to its clients.
Diamond Managed FX is not subject to any valid regulation. please be aware of the risk.
Market Instruments
Diamond Managed FX allegedly provides managed forex account services. A managed account is an investment account that is owned by an individual investor and looked after by a hired professional money manager or by a group of managers. The managers get authorization from the investor to trade his or her investment in the foreign exchange market in order to gain profits. The managers do not have access to the invested capital, they cannot withdraw money from it, they only get paid a performance fee.
Performance Fee Charged
Diamond Managed FX charges a 50% performance fee on new profits, which seems to be quite high. A monthly performace fee will be applied to new profits on your account and be deducted every first workday after the profitable month automatically by the broker as contracted.
Minimum Deposit
The minimum deposit to invest with Diamond Managed FX is $1,000 and all the managed account are traded in USD. However, facing an unregulated forex broker, this minimum investment amount is too high for most regular investors to take this risk.
How to open an account with Diamond Managed FX？
Opening an account with Diamond Managed FX is an easy and simple process:
1. Click the “Open An Account” link, and fill up some required details on the popping-up page.
2. Upload your personal documents for this company to verify your details.
3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.
Trading Platform
Please note that what Diamond Managed FX provides is not the industry-leading MT4 or MT5 trading platform.
Customer Support
Diamond Managed FX relies on its FAQ section to give clients some basic assistance, and if clients need staff service, they can only get in touch with this broker by filling up some basic information and then wait to be connected.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Magbasa pa ng marami
Sa likod ng Orfinex Prime Brokerage: Isang kaso ng pagsalangsang at negligencia
Orfinex Prime: Mga Allegasyon ng Negligencia at Paglabas | Ang mga problema ng mga kliyente ay nagpapahayag ng mga hindi ligtas na pamamaraan sa pagbebenta, malinaw na presensya sa Dubai, at mga alalahanin ng pagsalangsang. Gumawa ng mga aksyon para sa proteksyon ng mga mamimili.
The pound, gilts and renewables: the winners and losers under Britain’s future PM
The race to be the next leader of Britain’s ruling-Conservative Party and the country’s prime minister is into its final leg, with the September outcome likely to shape the fortunes of sterling, gilts and UK stocks in coming months.
IMF cuts global growth outlook, warns high inflation threatens recession
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked.
Starting Forex Trading: Creating A Profit Plan
A key factor in building a successful and profitable trading career is making your own plans. Your transaction plan will provide a good framework for guiding ever-changing currency prices to profit.
Broker ng WikiFX
Exchange Rate
