I have some great news for those of you looking to invest in a managed FOREX account (aka “MA”). GalleonFX, a prominent provider of managed forex accounts, has just decided to lower their minimum account size from $25,000 and $10,000 down to just $1000. I was quite surprised when I heard about this and I most certainly intend to take advantage of this.
Those of you who have no clue what a “managed account’ is should read this below:
Investopedia.com (a great resource btw, so go read it now!) defines a “Managed Account” as an investment account that is owned by an individual investor and looked after by a hired professional money manager. In contrast to mutual funds (which are professionally managed on behalf of many mutual-fund holders), managed accounts are personalized investment portfolios tailored to the specific needs of the account holder.
In this case GalleonFX trades on the FOREX market on your behalf.
Their main brokerage firm, FXCM, allows people to quickly and easily fund accounts by credit card. So there is no waiting for checks to clear or problems dealing with the hassle of confusing bank wires.
P.S. This offer is valid only for the month of October!!
To take advantage of this limited-time opportunity visit this link: