The idea of "traders who trade for you" typically falls into the second category. This concept is centered around the idea of delegating trading decisions to experienced individuals or systems designed to make informed trades on behalf of others. This can range from manual trade execution by a professional trader to sophisticated automated.. 1. You don't have to spend a million hours on studying and learning how to trade and the education never really stops even once you are successful you can still continue learning. 2. You don't have to sit in front of the computer boring yourself to death looking at charts several hours per day. Uhmm, That's it I guess.
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Given the high level of skill, knowledge, and research required to succeed in forex trading, many people prefer to let experienced professionals handle their trades. Types of Companies That Trade Forex for You. There are several types of companies that offer forex trading services, each catering to different needs and preferences of traders.. Some people contracts it to a trusted friend. Legally no, because a stranger can lose it all or transfer to his own account and flee. If you are big account holder you ask your brokerage for a wealth management manager who is approved by your brokerage (min often 3/4m) they take a cut like 1%.