How are FXCM Managed Accounts developed?
We search for the best trading systems in the industry, through both internal development and third party systems. FXCM's goal is to build a System Trading program that focuses on the needs of the clients by offering a sustainable set of options for those seeking alternative investments.
Can I invest any amount I want?
Any amount can be initially invested provided it is above the account minimum. For additions, once the account is above the minimum, any further amount can be deposited.
Can I invest in more than one account?
Diversification among various accounts may smooth out your performance over time. It is more valuable to have smaller amounts among various accounts than to have a larger amount in only one. As market conditions change, various accounts will come into and out of profitability.
What fees are associated with FXCM Managed Accounts?
Please visit the Managed Accounts Fees page for details regarding account fees. View Now.
Is there a limit to the number of investment products/options I can invest in?
There is no limit to the number of accounts you can use.
How do I withdraw assets from an account I am in?
If you would like to keep your account open but simply have the account stop
trading on it, you would need to submit a Revocation of Letter of Direction (LOD), which will remove your account from the Managed Account but still keep
it open for you to be able to trade it yourself or have another manager
trade it. If you would like to withdraw assets out of your account, you can
fax in a completed withdrawal form. Please note that if you withdraw assets but keep the account in the Managed Account open, you will need
to leave at least the minimum investment amount of $5,000.00 in the Sentiment accounts and $1,000 in the Short-Term Opportunity accounts.
How can I see what the activity is in my Managed Account?
Each client will be issued with a read-only login. This login will allow the client to log into an FXCM Trading Station to be able to view the live rates and generate reports. You will not be able to see any account or trade information in the actual platform, but you can generate reports, which will show the profit and loss by trade for any closed and open trades over the period being reported. These reports will not indicate the direction or price of the trades, but will indicate the real-time profit and losses. This is to protect the proprietary signals of the developer from being replicated.