Different types of forex managed accounts
There are different types of forex managed accounts. Some accounts involves trader helping the hired manager with what signals he should look for along with interpretations of those signals. These types of forex managed accounts are known for taking out the psychology of managing the personal losses and wins.
Another type of forex managed accounts uses proprietary trading system of the brokerage firm. However, one should know that there is no ultimate trading system. In case there was a system which was perfect type of money maker, no seller would ever want to share that system. This is the reason most of the financial firms prefer to keep their trading program a secret.