cookie

This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.

Allow all

Power of Attorney

BBack

Back to Glossary

Description

Legal authority to act on behalf of someone in financial matters.

Power of Attorney is a legal document granting someone the authority to make financial decisions or transactions on behalf of another. In trading or investment contexts, this might be used to manage assets if the principal is unavailable, ensuring continuity of investment strategy or emergency actions.

Start Trading in 3 Simple Steps

1
REGISTER

Open a live account and start trading in just minutes.

2
FUND

Fund your account using a wide range of funding methods.

3
TRADE

Access 1000+ instruments across all asset classes

open chat
close chat