Author: Jacob Bailey
Market Analyst
Jacob Bailey

Binary Options Managed

Managed Accounts

Managed accounts allow you to get on whilst the professional trader works on your behalf.

This type of account is somewhat specialist and not offered by all binary options brokers, it is more commonplace amongst Forex trading. Having said that there are brokers that offer managed services. Managed accounts are an investor's account which is run by a professional trader who makes decisions for you.

In this article, you will learn:

  • Why a managed account is beneficial
  • The success rates that can be achieved
  • How easy it is to find a good manager

Recommended binary Websites Updated: February 2019

Risk Warning / Ad Disclosure

Risk Warning: The trading products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never trade money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

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Managed Account Success

Whilst there are no certainties in the world of binary options trading, the odds tend to be higher when using a professional trader to manage your account. How will it benefit your options trading and can you ensure that it works for you? Choosing the right managed service is the obvious place to start but what makes it the right service for you?

Leverage Broker Experience

The knowledge and experience of a professional means that they can often achieve much more than you can as an individual. Unlike you, they don't just act for one person. They have multiple clients, have many strategies, formulas and lots of trading experience.

Trade All Assets Available

If you have a preferred assets that you like to trade in but feel that a professional would do better, you need to ensure that they offer these assets and that they have a proven track record of trading in them. Just because you are using a managed service doesn't meant that you should compromise what you want to trade in.

Try Multiple Software's

Managed services will have lots of sophisticated software to assist them and lots of information, statistics and analysis at their fingertips. What software do they use and do they use tools like signal services?

Set And Agree Your Budget

Initially you will want to agree how much you want to invest. Now it might be that the returns are so good that you decide to increase this once you see some positive results. In the interim agree a budget that you can afford to lose if it doesn't work out as you hoped.

When you consider the amount of research you would have to do and how long it would take you to do exactly the same as a computer can do in seconds then professional traders have a lot more at their fingertips than you do.

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Manager Free Trials

Whilst not all brokers offer a managed service it is a service that is becoming more popular. As individuals become busier with less time available to trade effectively then these services will become more popular and more commonplace.

With a managed account, as you are going to be entering into an agreement for a minimum term, you need to ensure that you are comfortable with the broker you are choosing. A minimum term means that you cannot withdraw any funds for a certain period of time. If this is the case you need to be confident that you can afford for your money to be tied in for a contracted term.

To find a binary option managed account service that you feel comfortable with you need to look for one that offers a free trial and that comes recommended. A free trial gives the trader the opportunity to try the services before committing any of their own funds. Essentially it is the brokers' money being used not yours. Not unlike a demo account this will allow you to get a feel for the broker and the service they offer before committing to anything.

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Benefits of Managed Accounts

It is said that the best binary options managed accounts can have up to 75% win rates. With this in mind it is something that is worth considering if you are serious about binary options trading. In addition to the potential profits, what are the other benefits that you can expect?

  • Time to execute more trades - You may have a full-time job and not have the available time that you would like to dedicate to trading
  • Removed emotion - Sometimes, when you are trading with your own money, you can get nervous and not want to take the risk. If someone is trading on your behalf they are removed from this and will do what is best for you
  • Different trading types or assets - Having a professional trader with lots of experience opens up the opportunity to try different assets or trade types
  • Experience - Professional traders will have much more experience and be trading on behalf of many people, not just yourself. The benefit of their experience is what you are paying for

Having to take time out of your day to research the markets and look at all the possible scenarios and outcomes can be very time consuming and often enough to put some people off. With a professional trader placing trades on your behalf using trading software, the profits may be greater and warrant the cost of having this service provided. If this is the case you need to ensure that you read the terms and conditions before agreeing to a managed account as they normally have a contractual period that you must adhere to.

Managed services will have access to lots of sophisticated software to assist them.

Getting The Right Account

You must exercise caution when choosing a service provider as this is where it could all fall down. Like any broker it is important to do your research first. You need to look for one that has a good reputation and that offers a free trial for the managed account service. Not all of them are to be trusted unfortunately and there are those brokers that cast a shadow over the industry.

We spend a lot of time researching both the binary options market and each individual broker operating within the market on your behalf. Our work and extensive research saves you time and makes the decision a lot easier and more informed. As our experts have a lot of trading knowledge they know exactly what they are looking for.

By choosing a broker that is recommended by us you can rest assured that all the hard work has been done for you. Not only are we looking at the best managed accounts offered but we also research every other aspect of trading with a particular broker including ease of use, bonuses offered and the returns expected. We will ensure that our recommended brokers are licensed to trade, are operating under the correct regulations and have a good, solid reputation. When you choose a broker recommended by us you can relax in the knowledge that you are in safe hands.

Risk Warning / Ad Disclosure

Risk Warning: The trading products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never trade money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Frequently Asked Questions

Managed FAQ

What are the fees for a managed account?

The amount of fees charged for a managed binary options account will of course vary from broker to broker. As a general rule of thumb the fees for managed accounts tend to be between 20-30%.

Can I be sure my money is safe and secure?

Binary options trading carries a risk. If you choose the right broker, with the correct licensing and regulations then your money will be safe.

How long will it take before I see a return?

This is not an easy question to answer as it will depend on the success of your trades. It may well be that you see a return much quicker with a managed service and a professional trader acting on your behalf.

Do managed account brokers offer free trials?

Yes! There are brokers that offer free trials for their managed account service. These trades are made with the provider's money and give you a good opportunity to see how the service will work for you.

How do I find a great professional trader?

That is simple. We have done the hard work so you don't have to. We have researched and traded with all of the brokers in the marketplace to ensure that we only bring you the best.

Meet The Author
Jacob Bailey
Jacob Bailey
Market Analyst

Jacob has been an author for Binary Options Expert since our launch in 2012. He has over 40 years’ experience in the financial sector and has held a variety of positions within financial services corporations and venture capitalist organisations. Learn more.

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