Discretionary account

From Forexpedia

Jump to: navigation, search

An account in which the account holder gives power to a company or trading body to handle buy/sell transactions. The trading body also has power to choose which currencies to buy or sell.

This account type is also referred to as a managed or controlled account.

Retrieved from "http://www.babypips.com/forexpedia/Discretionary_account"
"It's the constant and determined effort that breaks down all resistance, sweeps away all obstacles."
Claude Bristol
Clicky Web Analytics
Feedback Form