Why Managed Futures or Forex?
Are you interested about investing in futures or forex, but not sure if you have the time or expertise? Managed Futures and or Forex is a way that allows you to invest in these markets by having a Commodity Trading Advisor (CTA) trade your account. How do you know you are dealing with a CTA? A CTA is required to register with the US government’s Commodity Futures Trading Commission (CFTC) before they can offer their trading services out to the public. A CTA must go through a background check with fingerprints. In addition a CTA must also submit a disclosure document. A disclosure document contains background information about the CTA, an explanation of the trading style, an explanation of costs charged by the CTA and an audited performance of trading accounts. This disclosure document is submitted to the National Futures Association (NFA) and the CTA is required to update disclosure documents at least every 9 months.
We at Back Bay Futures are here to make the decision of whether to invest in managed futures and what products you should consider easier. Contact us today for a free managed futures consultation or to see our recommended list of investments.