Accounting for The Growth of Forex Managed Accounts

Without doubt, forex managed accounts have seen a surge in popularity in the past 18-24 months. More and more managed forex account providers have sprung up, and forex brokers have become much better at offering money managers sophisticated trading platforms which allow a manager to trade multiple accounts at the click of a button. There are several reasons for this increase in popularity of forex as an asset class, and in particular,

Safety of Your Funds

In our view, one of the biggest reasons that investors decide to access the currency markets through managed forex accounts is the enhanced safety of funds that a forex managed account offers. When you choose to invest in the Athena Capital, we never have access to your funds, nor will we ask you to send funds to us. Alll clients open their trading accounts directly with the broker, and transfer funds directly to them. Therefore, there is no risk  of a Madoff type fraud occurring, whereby the investment manager had direct access to the funds, thus making a possibility of fraud all the more greater.

The managed forex account model contrasts markedly with the majority of investment funds and hedge funds, where your funds are comingled with the funds of all other investors, and you just receive a statement every quarter.

Regulated Brokers

An additional benefit of investing with Athena Capital, is that we only ever use a European regulated brokers. Why? Because European standards of financial services regulation are some of the strongest, and most effective in the world. All client funds at the brokers we use must be kept in segregated client accounts - which means that the funds cannot be accessed by the broker for their operational use. Perhaps more importantly, if anything should happen to the broker, then all client funds are effectively guaranteed by a government backed investor compensation scheme.

In addition, there are no restrictions on residents of certain countries, unlike certain other investments. This is of particular benefit to US residents, who previously have found it hard to access a reputable forex managed account provider. Athena Capital is happy to welcome US residents to open managed forex accounts with us.

Flexibility

Forex managed accounts are completely flexible. The Athena Managed Forex Account has a very low investment minimum of just $10,000, which makes the account accessible to the vast majority of investors. Then, once the account is set up, it is possible to make partial (or a full) withdrawals at any time - just call up, or email your broker, and the transfer can be effected imediately. The same goes for additional deposits. This can be contrasted with a more conventional investment fund, where there may only be weekly, or monthly dealing. Thus in essence, a forex managed account can act like a bank account - with no limits on withdrawals or deposits - although with a significantly higher return!

Access to Your Account 24/7

A unique feature of managed forex accounts is that, since the account is opened directly with the broker, the investor has direct, 24/7 access to his account details, enabling him to check his balance wherever he may be in the world; all is needed is a computer and an internet connection. This provides our clients with peace of mind, knowing that they can always be in control of their investment.

Investment Returns

The currency markets bear no correlation to the real estate market, the equity markets, the bond markets, or even to the wellbeing of the economy as a whole. This complete lack of correlation means that we can make money in a bear market, and we can make money in a bull market. And in uncertain times as these, the ability to make a consistent, positive return, is crucial in order to create and preserve wealth.

To learn more about the Athena Managed Forex Account, please go here.