Please take a look around, and feel free to .
The pamm account is another best place for people who have low knowledge about forex trading can actually have someone who is more exprienced to trade for them in the sense that they can hire someone who would share the profits been made. with the ratio 6:4 or there by.
Copy trading in basic is same like PAMM, in copy trading you depend on someone's strategy while in PAMM you depend on your manager performance, the different only you copy someone's startegy in Copy Trading while in PAMM you don't.I rather copy traders than do pamm. I think putting someone in control of your hard earned money is not the best way to go at it. I rather invest in long term stocks, bonds, and any fixed income rather than pamm since they're less risky and no fraud but in pamm, the managers can have bad days or decide to take off with your money and say that he lost in the trades. How would I know? I think pamm should be structured in a way that will keep safe of investors money while they earn some fixed income without losing all of their money.
Well, I haven't invested in PAMM mainly because I have not considered it. I hardly know what the minimum is as I learnt it requires high capital to. Even when the money could be affordable, I simply haven't seen some enough reason to.
Yes, as at then, I never knew PAMM could even go as low as a dollar. Well, I decided to try it out with some few dollars with a broker in Insta. Since it is something that the investor can go as low as that which he can afford, there is no harm in trying it out to see how it works. But then, the trader hasn't stayed up to a year with the broker, but so far, the performance is good.Contrary to your thoughts, PAMM does not require huge investments. There are decently managed PAMM accounts which calls for an investment of $25. All you need to do is study in detail the performance of a trader and make suitable choice. If you are go in selecting a proper PAMM account then it will be very profitable. Also, there is no need to monitor the market and only track your own accounts performance. In case you are not satisfied, an exit can be made pertaining to the terms mentioned at the time of signing up.
I also don't invest in PAMM, because I want to control my funds