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Alpari's managed (PAMM) forex accounts
A PAMM account is a trading account that contains one or more managed accounts. The idea is that there is a proportional distribution of profits and losses. The implication of the trader that you select is guaranteed as his/her trading orders reflect both on his/her real account as well as on your account.
Examples of the best managed account offers
Smart Home : 55401 (Spectrum)
Chapay : 56126 (ATS with MM)
Generous : 51876 (Automatic trading)
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When you login to your "personal area", you can see all traders' performances. When choosing a trader, you have several parameters to consider:
1 - The trader's commission on profits (as a percentage)
(25/2/0/5 - 10000/500/5000) Percentage of the investor's profits which will be paid to the manager at the end of the Trading Interval
2 - The trader's commission for the management of the accounts (as a percentage)
(25/2/0/5 - 10000/500/5000)
Percentage of the investor's running balance, defined as a percentage per year.
It is calculated daily and assigned to the trader. (ex : 10000/100 x 2/260 = 0.77 each day)
3 - Commission on deposits (as a percentage)
(25/2/0/5 - 10000/500/5000)
4 - Commission on withdrawals (as a percentage)
(25/2/0/5 - 10000/500/5000)
5 - Minimum investment (in money)
(25/2/0/5 - 10000/500/5000)
If the trader's offer is in USD or RUR, you can invest in euros with an equivalent sum of money.
6 - Minimum deposit of additional funds (in money)
(25/2/0/5 - 10000/500/5000)
7 - Minimum account equilibrium balance (in money)
(25/2/0/5 - 10000/500/5000)
At the end of the Trading Interval, if the investor wants to withdraw funds, he must keep the minimum account equilibrium balance or withdraw all of his money.
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