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Monday, March 9, 2009

Finally

Finally, if you're extremely risk averse and would rather not trade yourself, many forex brokerages offer managed accounts. You simply sign the appropriate paperwork and add money to your trading account. The brokers professional forex traders will manage your trades for you while you watch your account balance grow. You will pay a fee for this service and it can be as high as 25%, but if they're making you money, it doesn't matter. They're in this business to make money too, so it's a win-win for you and the forex account manager.

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