With the introduction of managed forex accounts,a most lucrative forex investment for investors now just have to choose the best one for them out of the many that are available. The best forex investment strategy is always to test the waters before taking the plunge. Although it is not necessary to have a broker for currency trading, some people do choose a managed account for any number of reasons. A managed forex account is beneficial to the investor who is either inexperienced or doesn’t have the time to continually watch the market. The management company will follow the trends as they develop and make recommendations regarding currency exchanges.