The Forex market is constantly evolving and implements 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 told “ »About one of the methods of making a profit - the PAMM system. According to company representatives, you can make a profit using this system without trading.
This means that the investor receives a percentage of the trader’s trade.
What are PAMM accounts? How to work on them? And how do participants in this system profit?
PAMM-account: profitable for both trader and investor
Each participant of this system can effectively work 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 size of his remuneration.
Several investors can work with one PAMM account at once. They will receive profit in accordance with their investments. The trader, in addition, will be able to get 50% of the transaction. Let’s say that Sidorov invested $ 200, Petrov - 100, and Ivanov - 50. If the trader’s profit for the week is 10%, Sidorov will receive $ 10, Petrov - $ 5, and Ivanov - $ 2.5.
The numbers may seem scanty, but do not forget that with the further work of the trader, investors will be able to get $ 40, 20 and 10 per month. In addition, the investor does not need to trade in order to make a profit.
The manager, in turn, can work not only with his capital, but also with investments. At the same time, he needs to show stable operation. Moreover, with the good work of the manager, his PAMM account will rise in the rating and attract new investors.
Company benefits
- leverage up to 1: 1000;
- fast execution of orders - in just 0.02 seconds;
- the dealer does not interfere with 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;
- the absence of delays, requotes and slippage;
- a large selection of trading instruments: indices, stocks, currency pairs, energy, precious metals;
- a deposit of only $ 20;
- A large selection of accounts: for professionals and for beginners;
- the ability to trade on micro lots;
- stimulating and developing projects and programs.
HiWayFX experts say that the conditions they provide to PAMM account managers help traders make stable profits and work more efficiently.