FedWealth Service
Forex fund management
Forex Account Management or Fund Managmet Service is used by the investors who want to invest in the forex market but do not have enough time, experience or knowledge to trade by themselves; so they let the professional traders do all the hard work for them.
The service is also used by the investment firms which want to diversify a portion of their funds to other fund managers while holding the funds in their own additional trading account.
Forex Fund Management
How it works
You hold funds in your own account in the broker, which cannot be withdrawn without your permission, which is why the Power Of Attorney (POA) here is called Limited POA as you give the limited power to the fund managers to trade your fund in the MAM (multi account manager), a system based on lot allocation. Pooled funds work as profit allocation management module (PAMM), however trading result in both system are the same.
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