MetaTrader 5 Platform for PC
PAMM accounts
A relatively new way of Forex investing. The fact is that one trading account accumulates funds of different investors and traders. The profit, after deducting the interest of the account manager, is distributed among depositors in accordance with the part invested by them.
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Advantages of the method:
PAMM accounts have the least risk.
The minimum entry threshold is small, but it is also impossible with very little money, determined by the trader managing the account.
The investor sees all transactions and has the opportunity to withdraw money at any convenient time (unless otherwise agreed in the contract).
The forex broker confirms the qualifications of a trader trading on a PAMM account.
The method allows you to diversify risks by placing capital in various accounts.
If you understand the essence of trading, you can find convenient entry points and thereby increase the profitability of investments.
The trader disposes of funds only within the framework of transactions, but cannot withdraw them independently, which protects depositors from fraud.