Sunday, September 16, 2007
What are forex money managers charging these days? -
As a forex money manager i charge 50% of the profit generated but it depends on each money manager what to charge? well as i have good returns on the money i charge 50% charges are very nominal - it dioffers between agency to agency they manage with the differentials between Purchase value and sell value. They buy for lower rate and sell on higher rate - they also face fluctuation in the rates in the market. you can check out this site. other than the spread and renewal fees there are no hidden charges. they even let go of the renewal fee for islamic accounts.
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