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The MAC managed
forex account program utilizes discretionary and technical trading
techniques combined with a moderate use of leverage to minimize the volatility of returns.
Being the oldest managed program of the two available, MAC is
perfect for investors looking for a moderate risk, lower return
investment strategy while still participation in the forex market.
Managed account investors can also look at the Forex Trading Robot, which has a $10,000 account minimum.
Minimum
Deposit: US$25,000
Deposits:
Money can be deposited in a managed fx account at any time. Every
deposit will be invested at a money market rate of interest until
the first business day of the next calendar month, if it is received
prior to the first of the month, at which time it will be invested
in the managed account program. Both U.S. Dollar and non-U.S.
Dollar deposits are accepted.
Withdrawals:
Account withdrawals can be done monthly and a written notice must
be submitted at least three business days before the last trading
day of the month.
Managed
Account Fee Structure: 2% annual management fee plus 20% performance
fee. Part of the 2% annual fee is assessed monthly. The performance
fee is equal to 20% of Trading Profits (Realized + Unrealized
P/L) and it is also assessed on a monthly basis. No performance
fees will be assessed during a month unless the customer's account
reaches a new high water market.
Managed
Account Applications (click here)
Request
more information about managed accounts (click here).
If you want
to manage your own account, you can practice on our forex
trading system free for 30-days. You will also get free
training when you open a self-managed account.
Past
performance is not necessarily indicative of future results and
individual returns may vary amongst manage account participants.
Investment return and principal value will fluctuate so that an
investor's shares, when redeemed, may be worth more or less than
their original cost. All managed account performance figures assume
the reinvestment of realized gains and capital gains. There is
considerable exposure to risk in any foreign exchange transaction,
including, but not limited to, the potential for changing political
and/or economic conditions that may substantially affect the price
or liquidity of a currency. This is not a solicitation to invest.
Please consult your investment advisor and read all risk warnings
before committing funds. (*) Returns do not include fees.
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