Traders Union revealed the 10 best-managed Forex accounts in 2023

Navigating the complexities of the Forex market can be a daunting task for investors, particularly those needing more expertise and time. Managed Forex accounts have emerged as a viable solution, providing investors access to professional management and potentially superior performance.

Traders Union’s recently released list of the best-managed Forex accounts in 2023 highlights the top-performing accounts, offering investors valuable insights into where they can allocate their funds.

What are managed Forex accounts?

Traders Union experts recommend managed forex accounts for passive investing with leading forex brokers in 2023. These accounts are currency trading accounts where a professional trader or money management team trades on behalf of the investor for a fee, providing access to different markets and assets. Although any trading account is a high risk, using an experienced trader or team can optimize investment capital and take advantage of market opportunities. Managed forex accounts offer a practical alternative to self-learning, allowing investors to generate extra income without the difficulty and time commitment of trading themselves.

Various types of managed accounts offered by brokers

TU experts have identified the main types of managed forex accounts brokers provide. These include:

  • Forex copy trading, where investors mimic expert traders’ movements to maximize profits
  • PAMM accounts, which use ratios to split the account owner’s activity among managed portfolios
  • MAM accounts, which allow a money manager to assign different ratios of leverage to various subaccounts
  • Advisory services, where investors can receive holistic portfolio recommendations from a financial advisor
  • Managed portfolios, where a professional trader or financial expert makes investments on behalf of the client in a diverse range of assets beyond forex trading.

10 best-managed Forex accounts

Traders Union examines and evaluates some of the best-managed Forex accounts that are worth considering:


RoboForex is a leading copy trading broker and managed forex account provider with low minimum investments, great educational tools, and thousands of community participants, but it needs 24/7 customer support.


Tickmill is a top broker and managed forex account provider that offers forex and CFD trading, low fees, free deposits/withdrawals, MT4 compatibility, and accessible account opening. Its outdated trading platform is a downside.

IC Markets

IC Markets is a leading broker and managed forex account provider that offers PAMM/MAM accounts, flexible allocation, transparency, raw pricing connectivity, excellent liquidity, leverage, fast execution, and reliable service.


FxPro is a top broker and managed forex account provider offering excellent PAMM/LAMM accounts, balance and flexibility for money managers, and fee control. Downsides include the need for more availability in the UK.


Forex4you is a top copy trading broker and managed forex account provider that offers excellent trading services, low deposits, a range of assets, and excellent customer support. But, a lack of MT5 integration is a downside.

The remaining five brokers on the list are: 

  • InstaForex
  • FxOpen
  • FBS
  • AvaTrade
  • eToro. 

InstaForex is a well-established broker with a range of account options and trading platforms, while FxOpen offers excellent account options, including ECN accounts with tight spreads. FBS is known for its user-friendly platform and an excellent range of account options, including Islamic accounts. AvaTrade is a highly-regulated broker with a strong reputation and a wide range of assets available for trading. eToro is a social trading platform that allows traders to copy the trades of other successful traders, making it an excellent choice for beginners.


In conclusion, managed forex accounts offer a convenient way for investors to earn profits through the skills of professional traders or money management teams. However, it is essential to research and evaluates brokers and platforms before investing thoroughly. Traders Union offers a comprehensive review to help with this process; visit the website to learn more.