Managed forex accounts offer total transparency compared to a typical fund.
With a forex managed account your funds are held by you and only you, as opposed to a typical fund where your money is held by the fund manager and this places you in a vulnerable position.
A forex managed account protects you, as you would retain complete control of your funds in an FSA regulated brokerage.
You are the only person that would have access to your funds and the only person who can withdraw those funds.
You will be able to view all live trades as they happen via a well-known industry standard trading platform called an MT4.