Registration Procedure

How to Open a Forex Managed Account

Currently we are working with MIG BANK located in Switzerland.

With MIG BANK we have each client on an individual trading account, which provides maximum flexibility in money management for us and we do not need to close trading positions (sometimes against our trading strategy) to accept the new funds.

Registration procedure for clients who want to work with us via MIG BANK

How to register a trading account under our money management with MIG BANK:

Option #1 - Register an account online

Step 1. Please click this link to start the online account registration process.

Step 2. Go through the Web form, filling out the information in it.

Step 3. After submitting the online registration form, you will receive an email. Print it out, sign it and send it to us at  support@moneymanagerforex.com. Include a copy of your passport for activation of the account. This information will be quickly reviewed and your account approved.

Step 4. The final step is to authorize us to manage the funds in your trading account, in other words, to trade for you. To get this authorization to us, please download Limited Power of Attorney (LPOA) and Permanent Instruction to Calculate and Pay Fees. Print these forms and fill them out. We have already filled out certain fields, in particular the name of the person you authorize to trade for you, the incentive fee, "NO" in the commission schedule. You will only need to fill in the Account #, the Authorized Client Signature, the "Print Name" field and the Date. You must also notarize your signature.

Once this is done, scan the document and email it to us at support@moneymanagerforex.com.

Step 5. Once the LPOA has been approved, you just need to fund your trading account via the methods recommended by the broker, and we start the trading.

DONE!


Option #2 - Register an account offline

Step 1. Choose an individual account, joint account or corporate account.

Then download, print out and fill in the appropriate document:

Step 2. When you have filled out, printed and scanned the agreement, email it to us at support@moneymanagerforex.com. For individuals, include a copy of your passport. For corporate accounts, include all relevant company documents (articles of incorporation, company certificate, passport copies for all beneficiaries of the company).

Step 3. Download these two forms: Limited Power of Attorney (LPOA), Permanent Instruction to Calculate and Pay Fees. Print out both forms and fill them in. We have already filled out certain fields for you, in particular the name of the person you authorize to trade for you, the incentive fee, "NO" in the commission schedule. You will need to fill in only the Account #, the Authorized Client Signature, the "Print Name" field and the Date.

Once these are filled out, scan them and email them to us at support@moneymanagerforex.com.

Step 4. Once the LPOA has been approved, you just need to fund your trading account via the methods recommended by the broker, and we start the trading.

DONE!

Account Management Fees and Details

The minimum deposit for opening a Forex account with MIG BANK managed by Money Manager Forex traders is $10,000 USD.

Our performance fees are 35% from the profits that we generate for you during a trading month. In case no profits were generated on your managed account within a certain month, we take no management fees for that month.

 

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