This is just a quick reminder that from December, FXCM.com managed accounts (click the link to see the Shark Investor pick) is raising the minimum investment from December 1st, 2007. It is still just $1,000 and will be raised to $5,000.
If you have not registered for their managed accounts yet, there is no time to catch the low minimum. But if you have an account which is not yet funded, hurry up.
Even $5,000 is good low entry for such a reputable service, so I would still consider it. In fact I am waiting for my account to be approved for the $1,000 minimum, but they are a bit slow so I may need to go for $5k. If I do it, I’ll keep you updated with more details.
If you are already an active investor, please let me know your experience.
For the FXCM Sentiment Aggressive Fund, one can also have account in EUR or JPY if the investor is concerned about USD devaluation. I just had a client opening JPY managed account.