FXMAC Forex Managed Account Review – Compare The Best Forex Managed Providers 2023

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On this page, you can find a detailed look into FXMAC forex managed account service provider. We have monitored a wide range of forex managed account providers, and the full list of the reviews can check here.

FXMAC Forex Managed Account offers you three type of trading programmes with an initial investment of 5,000 USD. The programmes differ according to the risk level applied and the trading strategies. Additionally, each programme is connected with different brokers providing the clients’ account.

FXMAC was established in 2012, and its headquarters are in Saint Vincent and the Grenadines. The company’s business offices are in London, the UK. We notice that despite being active for nearly a decade, the company doesn’t have many clients’ feedback, nor some testimonials in large forex communities. This is not necessarily a bad sign; however, we wish we could find more sources regarding this service.

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FXMAC Overview

FXMAC is a company that provides forex managed service for investors who wish to tap into the global currency exchange markets.

According to their website, it only takes a few easy steps to join them. FXMAC works with several brokers. Potential clients are invited to open an account with a selected broker and sign a Forex Account Management Agreement (Limited Power of Attorney).

This completes the process of joining the service, and after placing the initial deposit, clients can sit back and wait for the FXMAC team to make some money for them.

Is FXMAC a Scam?

FXMAC is a trademark of the company The Best Secure Trading Consulting, Corp. registered by FSA of Saint Vincent and the Grenadines. The company offer services in the USA, Australia, UK, Europe, Switzerland. Singapore, South Africa. FXMAC is a partner with various brokers.

However, we don’t have information on whether they are regulated or not. We believe that more transparency in that area will contribute to improving the trust level of the company.

FXMAC Forex Managed Service Review

As mentioned, FXMAC offers three types of accounts (they are called Programs). Each Program is presented on the website of the company. Program 1 was launched in July 2019. It requires a minimum capital deposit of 5000 USD and has two risk level strategies.

According to which one you choose, FXMAC will impose a 25% or 35% performance fee if your account performs successfully. In our opinion, 35% is above the average percentage for this type of service.

Program 2 started in January 2019. Similar to Program 1 has a minimum deposit of 5000 USD. However, Program 2 has three different performance fee percentages – 25%, 30% and 35%.

Program 3 has the oldest history – since December 2018. The minimum investment level is 5000 USD, with two risk levels and three various performance fees.

Let’s take a look at the trading strategies implemented by FXMAC.

FXMAC Trading Strategies Review

In the “Our service” section, FXMAC explains that their service is provided by a team of trading professionals “adapting the trading to the market behaviour, ensure the best trading treatment to your account and a successful investment experience.” However, there is no additional information on what kind of methods the team is using.

On a positive note, a closer look a the three programmes uncover some helpful information. We learn that at Program 1 and Program 2, they use an Intraday trading strategy, and on Program 3 – An intraday-Trend. Those types of tradings are dynamic and usually correlate to scalping.

FXMAC Performance Results

FXMAC have connected their programmes with verified accounts on myfxbook. According to the statistics, the accounts are performing positively. For nearly two years, Program 1 (Capital Growth) has had an overall gain of 124.59% and a drawdown of 9.12%. This data place Program 1 as suitable for long-term growth.

Program 2 (Prosperity) marks the impressive 1588.67% overall gain but also 31.09% drawdown.

Program 3: Safe Step is taking it slow. For more than two and half years, my myfxbook account has marked a 221.49% gain. However, the drawdown is remarkably low – 3.97%, which place Program 3 as one of the safest systems we have seen, suitable for investors looking for long-term results.

FXMAC Conclusion

FXMAC offer a conservative type of trading system that will answer the requirements of traders looking for long-term investments. Their performance results look positive, but we wish there were more testimonials from actual clients confirming them.

Pros:

► Verified myfxbook accounts

► Long-term investment

Cons:

► Little information about the broker partners

► Not many details about the company and its team

If this FXMAC review was helpful for you, check the list with our other forex managed account service providers reviews.