FX Innovations is a privately held company based in Miami Beach, Florida USA that advertises a number of forex related services and products. Besides forex education, tools and an independent sales affiliate program, FX Innovations offers a managed account service.

They have two different managed account types; one called the IPAM Master and the other, IPAM Select. IPAM Master has a minimum of $500 to open an account, while IPAM Select requires a minimum of $1000. Performance for the first quarter 2008 stands at 14.77% and -30.2% respectively.

It appears that the IPAM Master short term trading strategy outperforms the medium term strategy of the IPAM Select account type. Looking at the cumulative returns for the past 12 months starting April 2007 gives a total of 137.95% for IPAM Master and 6.15% for Select.

Key Points - IPAM Master

• Number of strategies - multiple time frames: 80
• Average trades per month: 100
• Average holding time per trade: 1 - 5 days
• Currencies traded: EUR, USD, GBP, CHF, JPY, CAD, AUD, NZD and their crosses
• Strict Risk Management: multiple loss control techniques and extensive trade management tools implemented on every trade
• Fully Automated: All Trading Done by Computer Algorithms
• Minimum investment size: $500
• Management Fee: $20.00 per round turn 100K lot plus 25% of net new high equity

Key Points - IPAM Select

• Number of strategies - multiple time frames: 20
• Average trades per month: 40
• Average holding time per trade: 3 - 7 days
• Currencies traded: EUR, USD, GBP, CHF, JPY, CAD, AUD, NZD and their crosses
• Strict Risk Management: multiple loss control techniques and extensive trade management tools implemented on every trade
• Fully Automated: All Trading Done by Computer Algorithms
• Minimum investment size: $1,000
• Management Fee: $15.00 per round turn 100K lot plus 25% of net new high equity

To learn more about their managed forex trading, visit www.fxinnovations.com. As in all forex trading, be aware of the risks of leverage and do due diligence before investing.