There are two main types of managed foreign exchange investments. The 1st is the kind we have already described, where the company trades on your account and charges a percentage of the profits. This can seem to reduce the cost to you but remember that infrequently you may not end up with the best broker this way. An underhand manager could have you join up with a broker who charges a charge per trade and make a lot of small trades on your account to increase their commission. However, not all management corporations behave in this fashion and this type of forex management means that you can always see what is happening with your account. Here you have no control over the account and must simply wait for the results and the payouts. There is a high potential for stings in this situation so check that the company is an affiliate of a respected regulatory body before investing anything in this sort of managed currency exchange account.