A trading account which a company or a trader handle on behalf of the account holder. A Discretionary Account is also known as Managed account or Controlled account.
Did you know?
Many consider the year 1880 A.D. to mark the beginning of modern foreign exchange. The reason for this is that it was during this year that the gold standard was first introduced.
Word of the day
"Chartist" - A trader who looks at an asset’s past price action to determine future trends. A Chartist is also known as a Technical Analyst.
Do not open a real account before doing some demo-trading.