FOREX PAMM ACCOUNT
The PAMM account is an investment service that gives investors the chance to make money without trading themselves on the Forex market and allows managers to earn additional income for managing client funds.
What is PAMM Account
Percentage allocation management module, also known as percentage allocation money management or PAMM, is a form of pooled money forex trading. An investor gets to allocate his or her money in desired proportion to the qualified trader(s)/money manager(s) of his or her choice. These traders/managers may manage multiple forex trading accounts using their own capital and such pooled moneys, with an aim to generate profits.
THE IDEA BEHIND THE PAMM ACCOUNT
Nowadays investing in PAMM accounts is one of the less risky ways of earning passive income online. Below will be some idea behind the PAMM Account.
The idea behind the PAMM account Forex for trader
If a trader can trade profitably and has no capital necessary to gain enough profit, he can offer capital management service and earn a reward in the form of percent of profit gained thereafter.
The idea behind the PAMM account forex for investor
Investor, who has no deep knowledge in Forex trading can invest own funds in profitable traders and earn money on it.
WHY FOLLOW A PAMM MANAGER?
There are many benefits and advantages of follow a PAMM manager.
Here are some reasons why so many people are following PAMM Manager.
PAMM broker acts as an independent guarantor that obligations of a PAMM manager and an investor.
Profitable trader may receive profit from management of both own and investor's funds.
Easy and Simple
Ease of investing in PAMM accounts of various PAMM managers within a single service.
An investor may diversify risks by allocating capital among several PAMM accounts.
FOLLOW A PAMM MANAGER
To follow a PAMM Manager, please submit the form below:
RISK DISCLAIMER: Forex managed accounts, Forex fund management and/or Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You may be liable for losses that exceed the amount of margin that you post. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Past performance is not indicative of future results and no representation is being made by the Company in relation to certain results that may be achieved by investing in a PAMM Manager or that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
Prior to investing in a PAMM Manager you need to carefully consider any risks including but not limited to those involved in trading. The Company does not recommend the selection of any PAMM Manager. This responsibility lies solely with the investor. Therefore, ProfitPro Global is under no circumstances, liable and/or responsible for any losses that arise out of the use of PAMM Program.
Even if all reasonable efforts have been made by the Company to ensure the proper statistical reporting of PAMM Managers Performance, the Company cannot guarantee the accuracy of performance and/or results of any PAMM Manager.