Managedbook advantages?
Hi,
Could someone please explain the advantages of managedbook over tradebook?
Thanks
the advantages is that you pay only if you get gains 20% commision. In Tradebook you pay if you loose or if you win...
Originally posted by mn1980Hi,
Could someone please explain the advantages of managedbook over tradebook?
Thanks
You can simply go to fxstatblog for all features of managedbook.
In short, managedbook provides you with free bookkeeping services too. It gives u detailed report of performance. You r charged based on performance.
The good or ill of a man lies within his own will. – Epictetus
What do you think is better for the customer? I think A performance fee is better, then the System Provider will be more concerned about consistency and Not churning the accounts like a lot of money managers that require you to sign up under their IB before accepting your request.
![[aww]](/themes/default/images/smiles/aww.png)
Speed and execution is same in both services as written in fxstat blog. Main difference is fee structure. An additional benefit of managedbook is its detailed performance report. You can check it at fxstat blog.
Stick to your rules
In tradebook trader have to pay even he suffer with losses and in managed book there a investor pay only when get profits.
Game is not over Till it's Over
Definitely managed book is a better solution - either a fixed fee on a winning month or % is the fairest way. paying per trade is a silly idea.