The Forex market is constantly evolving and implementing more and more new ways of working with assets. This simplifies the work of traders and makes it more accessible to all citizens.
HiWayFX Experts Say “
This means that the investor receives a percentage of the trade of the trader.
What are PAMM accounts? How to work for them? And how are members of this system making a profit?
PAMM-account: profitable for both the trader and the investor
Each member of this system can effectivelywork with investments. When creating an account, the manager contributes his capital, describes the conditions under which he agrees to work with investors, not forgetting to include the amount of his remuneration.
Several PAMM accounts can workinvestors immediately. They will receive a profit in accordance with their investments. The trader, moreover, will be able to receive 50% of the transaction. Suppose that Sidorov invested $ 200, Petrov - 100, and Ivanov - 50. With a trader's profit of 10% for a week, Sidorov will receive $ 10, Petrov - $ 5, and Ivanov - $ 2.5.
The numbers may seem miserable, but not worth itforget that with the further work of the trader, investors will be able to get 40, 20 and 10 dollars for the month. In addition, the investor does not need to trade in order to make a profit.
The manager in turn may not workonly with its capital, but also with investments. At the same time he needs to show a stable job. Moreover, if the manager works well, his PAMM-account will rise in the rating and attract new investors.
Company advantages
- leverage up to 1: 1000;
- fast execution of orders in just 0.02 seconds;
- the dealer does not interfere in the work of the trader;
- the ability to enter the interbank market and enter into transactions at market prices;
- a large selection of trading accounts;
- no delays, requotes and slippings;
- a large selection of trading instruments: indices, stocks, currency pairs, energy, precious metals;
- a deposit of just $ 20;
- large selection of accounts: for professionals and for beginners;
- the ability to trade on micro-lots;
- stimulating and developing projects and programs.
HiWayFX experts argue that the conditions they provide to PAMM account managers help traders to get a stable profit and work more efficiently.