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Save by comparing QuotesForex managed accounts are foreign currency exchange trading accounts that are operated by professional traders and are administered by a forex account management service on behalf of the investor. The management service charge performance fees and sometimes an administration fee for their provision. The client issues the forex broker with an LPOA (Limited Power Of Attorney) to allow the trader to carry out trading. The client has complete control of their account and can deposit and withdraw funds, and close it when they wish.
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