Due diligence is the process of verifying how a managed forex service operates before committing capital.
IMAGE PLACEHOLDERManaged Forex Due Diligence Checklist
Provider Questions
- How long has the service operated?
- Who makes trading decisions?
- Can the provider withdraw client funds?
- What strategy and leverage are used?
Performance Questions
- Is performance independently verifiable?
- What is the maximum equity drawdown?
- How long was the worst recovery period?
Operational Questions
Review broker custody, withdrawal access, fee calculations, account permissions and the process for stopping management.
