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What should I consider before choosing a manager?

  • Consider what you want to achieve from employing the manager's services, as well as any projections or offers the manager may make.
  • Understand the fees the manager will change. This can include management fees, performance fees and per trade commission.
  • Obtain referrals from other investors or your financial advisor.
  • Search the Internet for information on FX managers, such as forex forums
  • Is the manager regulated for the product and/or services provided if required by the jurisdiction, and if so by whom? (Note that, depending on the jurisdiction, a manager may not require regulation).
  • Are there details available of the manager's track record?
  • How do the manager's services complement or satisfy my objectives?
  • Open a trading account with IKON.
  • Complete a Limited Power Of Attorney, which will give the manager the right to trade the funds in your account and sets out the fees payable to the manager.
  • Fund your IKON account directly, never through the manager.

Once I have identified a manager, what questions should I ask?

  • Is the manager regulated for the product and/or services provided if required by the jurisdiction, and if so by whom? (Note that, depending on the jurisdiction, a manager may not require regulation).
  • How do the manager's services complement or satisfy my objectives?
  • Open a trading account with IKON.
  • Complete a Limited Power Of Attorney, which will give the manager the right to trade the funds in your account and sets out the fees payable to the manager.
  • Fund your IKON account directly, never through the manager.

How can I open a managed account with IKON?

  • Open a trading account with IKON.
  • Complete a Limited Power Of Attorney, which will give the manager the right to trade the funds in your account and sets out the fees payable to the manager.
  • Always check the equity balance on your account frequently, and approach IKON directly should you lose your account log in details.

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