Investment Program
Wisemann’s Managed Forex Account program offers investors the ability to profit from the currencies market, having their account managed by a professional money manager, whilst at the same time having complete access to their investment, 24 hours a day.
How Does The Managed Forex Account Work?
Firstly, to trade on the forex market, you will need to open a trading account with a brokerage company or broker. You should only use brokers that are licensed in countries with a mature financial regulatory framework such as the US, the UK or Switzerland.
The trading account is in your name and you will need your identification card to open it. Only you will be allowed to make deposits and withdrawals.
The investor then appoints Wisemann as the money manager and grants us, by way of a Limited Power of Attorney (LPOA), the power to manage his account. This power is limited to trading the investor’s account. The money manager does not have any access to the funds in the account.
The money manager’s role is to trade the account and make a profit for the investor.
Typically, the money manager will charge a management fee and a performance fee, and this will be administered by the brokerage company.
To find out more, please feel free to contact us directly.