We found 11 online brokers that are appropriate for Trading Managed Forex Accounts.
Deep knowledge about Forex is important to successfully trade in currency pairs. Well managed Forex accounts managed by professionals usually give more return compared to more casual traders.
A managed Forex account is an account that is managed by market professionals on behalf of a trader.
It is not like a regular account in which a trader has to make all decisions when buying and selling assets at their own discretion.
Managed Forex accounts are comparatively expensive. Higher fees and costs are levied with professionally managed accounts. Managed Forex accounts have higher minimum deposit requirements in most of the cases.
The requirement depends on the involvement a trader wants to undertake in the Forex market.
If traders prefer the advice from finance professionals and allow them to action and advise managed forex accounts are perfect.
If complete control is required with personal involvement, managed Forex accounts should not to be considered.
If a trader is busy and has less time to concentrate on Forex trading, a professional is able to trade on his or her behalf.
Managed accounts are good for inexperienced traders who would prefer a professional to navigate the uncertainties of the Forex markets due to high volatility.
Trading in Forex requires a healthy psychological personality and many traders lack it.
In such circumstances taking the help of a Forex professional becomes a necessity.
The priority feature of managed Forex accounts are consistent profitability and low maximum levels of drawdowns.
Let's understand the maximum drawdown level with an example. Suppose a trader starts his account with a fund of $10,000.
The fund first increases to $20,000 and thereafter decreases to $9,000. Next, it increases to $21,000 and again comes down to $6,000. Later, again an increase is seen to $22,000.
Here, equity high net value is $22,000 and low is $6,000. The maximum drawdown is as such:
($22,000 - $6,000) / $22,000 = 72%
The calculation is considered a high maximum drawdown. The example above illustrates a risky investment.
In short, less risk is reflected with lower maximum drawdown.
Traders need to know the type of return on investment they are expecting. Moreover, which model of managed Forex account is suitable for them.
Below are the account models:
Managed Forex accounts play an important role in profitable trading, when traders are busy with other things.
Investors should choose reputable Forex brokers who have good knowledge about the markets and who can have a proven portfolio.
Poor research when choosing a managed Forex account broker may increase the chances of a loss of investment.
We've collected thousands of datapoints and written a guide to help you find the best Managed Forex 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 managed forex accounts below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online Managed Forex 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.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Managed Forex Accounts.
Compare Managed Forex Accounts min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are managed forex accounts. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more managed forex accounts that accept managed forex accounts clients
Broker |
FP Markets
![]() |
FXPrimus
![]() |
City Index
![]() |
IB
![]() |
zackstrade
![]() |
nabtrade
![]() |
templerfxbrokerage
![]() |
nefteprombank
![]() |
hqbroker
![]() |
fidelity
![]() |
evansandpartnersptyltd
![]() |
Rating | |||||||||||
Regulation | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) | Financial Conduct Authority (FCA) | Unregulated | Unregulated | Financial Conduct Authority (FCA) | Unregulated | Unregulated | Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC) | Unregulated |
Min Deposit | 100 | 100 | 25 | 10000 | 2500 | 100 | 50 | 100 | 100 | 100 | 500 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 10,000+ | 10,000+ | 14,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Spreads |
|
|
|
|
|
|
|
|
|
|
|
Platforms | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, NinjaTrader, Tablet & Mobile apps | Android,iPhone/iPad,Tablet | Desktop,Androoid, iPhone,Mac | Web,iPad,mac,Desktop,iPhoneiOS | iPhone,iOS,Mac,iPad,Android,WEB | MT4,MT5 | iPad®, iPhone®, Android™, or Windows Phone 8 device,website,Trader Pro® | MetaTrader 4,MetaTrader 5 |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with fpmarkets |
Sign
Up with fxprimus |
Sign
Up with cityindex |
Sign
Up with interactivebrokers |
Sign
Up with zackstrade |
Sign
Up with nabtrade |
Sign
Up with templerfxbrokerage |
Sign
Up with nefteprombank |
Sign
Up with hqbroker |
Sign
Up with fidelity |
Sign
Up with evansandpartnersptyltd |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 75% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk |
Demo |
FP Markets Demo |
FXPrimus Demo |
City Index Demo |
Interactive Brokers Demo |
Zacks Trade Demo |
NabTrade Demo |
Templer FX Brokerage Demo |
Nefteprombank Demo |
HQbroker Demo |
Fidelity Demo |
Evans and Partners Pty Ltd Demo |
Excluded Countries | US, JP, NZ | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW | US | US | US | US,SD,SY,KR | US |
You can compare Managed Forex 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 Managed Forex Accounts for 2021 article further below. You can see it now by clicking here
We have listed top Managed forex accounts below.