Top Best Managed Accounts for 2020

We found 11 online brokers that are appropriate for Trading Best Managed Accounts.

Managed trading accounts Guide

How You Can Find the Best Managed Accounts

What is Managed Account?

Managed accounts are also know as wrap accounts.

A managed account is an investment management service where the provider makes packages consisting of a group of investments for you.

These services have been more popular lately because more and more people are interested in having a good investment portfolio made for them.

But just like other services, some managed accounts come with the great service, some offer undervalued services.

The investment management services that you come across online are not equal.

If you prefer to delegate, a managed account is a really good solution for you.

The professionals will help you to build an appropriate investment, fund allocation, choose the most effective allocation, monitor it, re-balance, and report the results to you in real time.

You will know the effectiveness and return that you attain on a yearly basis.

The professionals can help you with appropriate portfolio and investment disciplines. Here is the way to find the best managed accounts for you.

Focus on Reputable and Trustworthy Managed Accounts Providers

There will be a lot of firms that you would come across on the internet.

You will want to focus only on the most popular brokerage firms.

Most of them are more trustworthy than newer companies.

Long established companies have always done their best to preserve their ratings. Therefore, angry clients are the last thing they want.

Compare the brokers

Do not just join with the first company you find online.

It will just make you lose the chance to find better brokers, many of which are ready to help you with the best managed accounts.

Instead, take references from brokers. Start with a shortlist of top 30 companies you like.

Jot down their services, offers, prices, location, taxes, and other variables which can help you to narrow down the list.

From 30 to 20, you will want to fine tune your requirements to narrow down the list until you find the best one.

The most reputable companies in your country are not necessarily the best.

After all, there is no such thing as a one-size-fits-for-all solution. It can be tricky to find the best managed accounts provider.

The more you fine tune and filter candidates, it will get easier for you to locate the perfect one for you.

Carefully Check Your Brokerage

Check their offers and plans and whether they match your investment strategy.

Ask about how payments are conducted from the beginning to the end.

Check the quotes that they have prepared for their customers.

That includes the availability of the size of your trading account.

Costs can be a tricky part in choosing the best managed accounts because not all the brokerages are transparent with their costs.

Consider checking thoroughly before proceeding. The last thing you want is that you end up paying for something you did not expect. In many cases, these hidden fees can ruin your plans in building a good sustainable investment portfolio.

How About The Costs?

Depending on where you live, there might be differences in the platform costs.

No matter what platforms you are using, costs should not be more than 0.5%.

Some platforms may charge more than that but they come with great quality of services.

Check the professional who will help you

It is important to know who is going to manage your money.

You will want someone proficient and expert on this to handle it for you.

It is your right to ask about who is going to handle your managed accounts.

Not a single trustworthy company would allocate their inexperienced staff to conduct investment management.

Rather, they would focus on offering services with the dedicated investment portfolio managers.

If you are using the right company, you should deal with only proficient analysts who will help you from the beginning to the end.

So, do not forget to check who is managing your money.

The investment process

Each company or provider has a different investment strategy to apply to deliver the promised results.

You will want to check on these strategies and focus on the strategies that can work well for you. Be considerate about the strategies or promises that they propose to you.

Some investment companies only buy whatever they want without a real strategy. Therefore, there is no authentic investment process from them.

Some of their strategies might work well, but some do not.

Oftentimes, biased strategies can lead to bankruptcy.

If you are browsing online, you can easily count how many managed accounts companies went bankrupt in their first five years.

That is why you should pick reputable and trustworthy ones.

Well established companies that have managed to survive for hundreds of years to decades have matured services which hopefully you will not be disappointed with. Make sure you do your research.

Constraints That You Need to Check

If you have been around investment for a while, you might be familiar with the proverb do not put all your eggs in one basket.

Managed accounts providers should not be bundling too much of your money into one single investment. There must be constraints. For instance, the constraints would go like no more than x% in any one stock.

There are also the limits to asset classes.

Investment Manager Costs

Besides services costs, you will also want to check manager costs.

There is a possibility that your financial professional puts you into another fund managers products.

These can come with certain costs.

Lets say you pay 1.5% for the managed account with your professional advisers who help you to invest in a model portfolio by the fund manager of XXX.

In some cases, the 1.5% could already include the XXX manager fees.

But in some cases, manager fees are excluded.

If your providers do not state this in their proposal or web page, you will want to ask them in detail about this.

We've collected thousands of datapoints and written a guide to help you find the best Best Managed Accounts for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best best managed accounts below. You can go straight to the broker list here.

Reputable Managed trading accounts Checklist

There are a number of important factors to consider when picking an online Best Managed Accounts trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Best Managed Accounts.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Best Managed Accounts of 2020 compared

Here are the top Best Managed Accounts.

Compare Best Managed Accounts min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are best managed accounts. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more best managed accounts that accept best managed accounts clients

Broker eToro Trading212 Roboforex XTB EasyMarkets paxforex ThinkMarkets HY Markets AvaTrade NordFX Markets.com
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Min Deposit 200 1 1 No minimum deposit 100 10 250 100 250 1 250
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 12,000,000+ 14,000,000+ 10,000+ 200,000+ 142,500+ 350+ 10,000+ 10,000+ 200,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps Web,iPad,mac,Desktop,iPhoneiOS MT4, Mac, Web Trader, Tablet & Mobile apps MT4, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
trading212
Sign Up with
roboforex
Sign Up with
xtb
Sign Up with
easymarkets
Sign Up with
paxforex
Sign Up with
thinkmarkets
Sign Up with
hycm
Sign Up with
avatrade
Sign Up with
nordfx
Sign Up with
marketscom
Risk Warning 75% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Your capital is at risk Your capital is at risk Losses can exceed deposits Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Demo eToro
Demo
Trading 212
Demo
Roboforex
Demo
XTB
Demo
easyMarkets
Demo
PaxForex
Demo
ThinkMarkets
Demo
HYCM
Demo
AvaTrade
Demo
NordFX
Demo
Markets.com
Demo
Excluded Countries IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, US US, JP US, IN, PK, BD, NG , ID, BE US AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW US BE, BR, KP, NZ, TR, US, CA, SG No RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR

All Best managed accounts in more detail

You can compare Best Managed Accounts ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Best Managed Accounts for 2020 article further below. You can see it now by clicking here

We have listed top Best managed accounts below.

Managed trading accounts List

eToro
(4/5)
Min deposit : 200
eToro was established in 2006 and is used by over 12000000+ traders. 75% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Trading212
(4/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 14000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
paxforex
(4/5)
Min deposit : 10
PaxForex was established in 2010 and is used by over 350+ traders. Your capital is at risk PaxForex offers Forex trading, CFD trading,

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web,iPad,mac,Desktop,iPhoneiOS

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
ThinkMarkets
(4/5)
Min deposit : 250
ThinkMarkets was established in 2010 and is used by over 10000+ traders. Losses can exceed deposits ThinkMarkets offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
HY Markets
(4/5)
Min deposit : 100
HYCM was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits HYCM offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
Markets.com
(4/5)
Min deposit : 250
Markets.com was established in 2008 and is used by over 10000+ traders. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)