FAQs
Frequently Asked Questions
Q. Why a Managed Forex account?
A. Managed Forex Accounts offer investors an opportunity to diversify their portfolios by investing foreign exchange. In years past, the forex market was limited largely to institutional accounts. It is now open to individuals as well. However, most investors are unfamiliar with how to add this asset class to their portfolios. With a managed forex account, investors allow a professional trading advisor to manage their account via a limited power-of-attorney.
Q. Why diversify into Foreign Exchange?
A. Foreign Exchange is by far the largest market in the world. On average, over $4 trillion are traded daily. Forex is uncorrelated to any other market, making it a unique asset class. Investors, both individual and institutional alike, may benefit by adding foreign exchange to their investment portfolio.
Q. Is Foreign Exchange a good short term investment?
A. Although foreign exchange markets are uncorrelated to other asset classes, they tend to be cyclical in nature. It is recommended that investors hold a managed account investment with a medium term time horizon of at least two to three years. Managed forex accounts should be treated as a core investment rather than a short term trading opportunity.
Q. Are IRAs or self directed plans allowed to invest in managed forex accounts?
A. Yes they are completely acceptable. However, investors must ensure that their plan and custodian permit such an investment.
Q. How long will the account opening process take?
A. The entire process should take 5-7 business days, as many steps are taken to provide investor security.
Q. Can I deposit or withdraw funds at any time?
A. Yes, there is no set allocation window or lock-in period. Allocations or redemptions are processed in a timely manner once notified.
Q. How often will I receive statements on my account?
A. Your account can be monitored real time 24/7 on oanda.com. Account value and trade activity are continuously updated.
More Questions?
Don’t hesitate to ask us, info@matadorforex.com
THE RISK OF LOSS IN FOREX TRADING CAN BE SUBSTANTIAL. YOU SHOULD, THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FOREX TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.