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How can i be fund manager in forex
May 03, 2017 at 11:04
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4 Replies
May 03, 2017 at 14:56
nagesrao posted:
How can i be fund manager in forex
Hello,
If you can get a forex account slowly slowly growing and you keep your DD as low as possible (anything under 10% is great), and not use much exposure in your trading hence keeping risk low, and you grow this account to a decent percentage (e.g you return 60% every year with max DD 5%), people will take notice and will want you to trade their funds.
When you reach this stage you can command a profit split from your clients whose money you are trading (Common profit splits are 20-25% on High water mark gains). Say you are managing €1 million in client funds and you return 5% for the month (€50,000), your profit split equals €12,500 (25% from gains).
This is much easier said than done!
ourmyfxbook@
Member Since May 03, 2017
17 posts
May 04, 2017 at 06:08
If you want to manage any sizable fund then you would need to get regulated in your local authority
Member Since Apr 18, 2017
34 posts
Jun 12, 2017 at 06:02
There have so many sites who are connecting the fund manager with the general traders! But, you have to prove yourself and your trading skill first! They may provide you a demo account for a month or any specific session and you have to show your trading quality lively!
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