There is definitely a fine line of distinction between those investors that can successfully trade with discipline their own money and those traders that can successfully trade the money of others.

Success is possible in both ways based on how well you are quipped with forex trading discipline.

There are many traders that are successful at trading managed money, but they cannot trade their way out when they are doing it with their own money.

In contrast there are some that are very daring and courageous when they are trading with other people’s money than they were when they are trading with their own money.  The attitude and the psychology of the investor must be based on trends and math and not based on mine and his.

They must be able to do the right thing with any money regardless of who the owner is.  However, people that purposefully handle different money the different way are those that are smart both ways and they are neutral about their psychology towards personal investment and third party investment. They are strong psychologically to deal with any kind of money.

Those that are scared and not better in handling third party money intelligently must be very cautious about their dealings careful because such weaknesses in forex can lead to great personal pain. The consequence can be physical and mental depression and it can make you feel guilty of handling someone else’s money the wrong way to the extent of winding up with your trading career. If you are not careful enough and psychologically balanced when you are getting involved with managed money regardless of whether you try to manage the money of others or whether you are giving your money to someone else to manage, the costs can be horrible when you do not do either of it the right way.

Apart from being a good broker you need to also be a meticulous investor.  This is because when you trust the wrong broker they can handle the money the wrong way and use it to make small profits.  Even when you deal with the best broker, you need to track details of actually what is happening to your money every day. Else, you can be plundered by any good broker. 

Brokers do exploit the vulnerable careless investor.