A Forex managed account program disclosure document provides potential investors with important information about the program and should be carefully read by all investors. The document is similar to a hedge funds private placement memorandum, except that the emphasis is on the disclosure of facts and not on the Forex managers trading results.  The disclosure document can be thought of as a short business plan. The document includes a discussion of the trading methodology that is used to

Disclosure documents should be part of the Forex managed account program’s account opening procedure.

manage the program’s accounts. It also discusses basic information such as trade allocation and the risk factors involved in the Forex trading strategy.  A Forex managed account program disclosure document will contain information about the programs trading manager, including his background and qualifications, as well as information regarding what currencies might be traded. The disclosure document contains important information that the Forex investor should review.  The Forex managed account program disclosure document will be signed by the investor as part of the account opening process.