Review: Managed Forex Hub

Managed Forex Hub is a popular service providing traders access to managed Forex investment strategies. The creators of this service believe that this is the smartest way to invest, because of their cutting edge technology, “tailored advice, and premium financial services.” The reason why it’s called the hub, is because they want to create a community where Forex traders and savvy investors come to generate returns with little risk.

This managed account service is located at 21-F, CMA Building, 64 Connaught Road Central, Hong Kong. They can be contacted via phone: +852-300-85855, skype: SKYPE: managedforexhub or email via info@managedforexhub.com. Our estimates put the founding date for the company around 2012-08-19.

Managed Forex Hub Review

The Managed Forex Hub team lists eight reasons why traders should invest with their managed account services. These reasons consist of simplicity, affordability, accessibility, fair pricing, regulation, transparency, personalization and overall performance. They believe that these reasons in conjunction with their unique methodology sets their service ahead of any of their competitors. Their approach is simple, secure access to high caliber manage Forex investments, and provide access to these investments in a regulated environment which promises safety.

How It Works

There is a 4 step process for traders interested in signing up with this managed account service. First, traders have to decide how much they want to invest. A minimum of $5000 is required to sign up, but there are no lock-in periods or early exit fees. Secondly, traders have to open their investment account. This consists of a quick online digital application with specific regulated brokers associated with the Managed Forex Hub service. Thirdly, traders have to select between the different funds available. Lastly, this is not really a step, they just tell traders to go ahead and live their lives peacefully because their “funds are being managed by some of the industry’s top talent.”

The approach to these funds is similar to my recent reviews of Managed Forex LTD and Blue Trading.

Breakdown

• Type: Forex managed account
• Price: Performance fees
• Strategy: Multiple
• Results: Myfxbook verified

There are currently 2 account types available for traders to choose from when signing up with the Managed Forex Hub service. There is the MFH Basic, which requires a deposit of $5000 – $100,000 and the MFH Connoisseur which requires a deposit of over $100,000. The main difference between these accounts, is that the basic charges average performance fees between 30 to 35%, and the connoisseur charges between 20 to 30%. The connoisseur account also comes with goal-based advice, and access to their professional eu hedge fund.

Managed Funds & Trading Results

There are 3 different types of funds available to the public. There are core funds, agile portfolio funds, and FX market place funds. All of these different funds come with verified Myfxbook accounts which is a good sign.

The Managed Forex Hub core fund, is their Brava fund, which is showing a gain of 255% since 2015. They also have a performance table of returns on the brava fund sales page but this number is showing a 567% gain. It is unknown where this difference is coming from, as these two number should match up. This similar issue is in line with another managed account review I did recently, of Shamayal’s fund management service.

The agile portfolio funds consist of three accounts, Morocco, Sweden and Iceland. The investment requirements for these are much lower, than their other accounts, at $1000. These accounts are much more recent than the core funds, as they’ve all started within the last year and a half.

The FX market place funds consist of two accounts, Maxim FX and Kapel FX. Maxim is showing a 2200% gain, while the Kapel is showing a 37% gain. They are upfront with the fact that their Maxim FX account is a high risk trading approach, so it’s not for the faint of heart.

Community Feedback

Surprisingly, there are very few reviews from the community about the Managed Forex Hub services. Although, there is a recent warning from New Zealand’s regulator (FMA) caution against this service. They have blacklisted the firm due to “misleading statements” and “endorsing multiple products and services from unauthorized groups.”

Hopefully this is something that the managed account service resolves in the near future, because it’s certainly a black eye on what comes across as a very professional service.

Conclusion

Up until the community feedback, we were on board with the Managed Forex Hub trading services. Yet, after seeing the recent regulatory warning, we need to see much more information on both sides of the story before we can provide any sort of recommendation.

If you have anything you would like to add to the review, please leave your questions and remarks below the article now.