How to create your own PAMM account for further earnings on it

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Create your PAMM account

If we divide all Internet users into separate groups, using the attitude to business and earnings on the World Wide Web as the main indicator, we get the following picture:

• The first category is those who believe in miracles. Representatives of this group have no doubt that you can earn millions on the network by doing virtually nothing. The main thing is to believe in your “happy star” and aggressively search for mythical uncles and aunts. And the most interesting thing is that they find them! One fine day these “kind” managers will tell you that they are well aware of your perseverance and hard work, so they are ready to accept a worthy person in their team, giving an advance of $ 10-50 thousand. In the process of communication, they unobtrusively remind that their new colleague should contribute 200-300 dollars (for paperwork, software installation, etc.). Naturally, the dreamer issues the required loan without unnecessary questions. This is where the “fairy tale” ends, the world returns its ordinary gray colors, and the gullible “specialist” somewhere in the depths of his child’s soul continues to believe …

• Representatives of the second category of users (by the way, many of its members who were once in the previous group) never trust anyone. They offer a categorical refusal to offers about making money on the Internet, accusing everyone of fraud of a lack of conscience and commercialism.

• But there are users who are well aware that even the term “earning on the Internet” itself is used incorrectly. What is the world wide web? This is a means of communication, a source of information, the ability to convey the necessary information, etc. The Internet is not a “typewriter”, but in order to get something, you need to work hard or cheat other people. We will not even mention the third, most cruel version (robbery, murder, blackmail); there is hope that it is categorically unacceptable to readers of the review.

Earnings on the World Wide Web: PAMM Accounts

In order to make money on the Internet, you need to focus on those areas that you know well (for a journalist, this is copywriting / rewriting, for an artist, design of interiors / exteriors, for mathematicians, tutoring, etc.). As for online trading, this type of activity is of interest to users who understand what Forex, financial instruments, binary options, the mechanism for generating asset values, etc. But, as in ordinary life, this area of ​​activity can be an excellent source of profit for any user who has certain savings. That is, for an investor who is ready to invest financial resources in promising projects. But how to find offers with a 100% guarantee of the fulfillment of counterparty promises? No need to look for anything (all the more so since it’s very difficult to do this, more precisely – it’s almost impossible). But there is a profit option that is suitable for any adult, regardless of their level of education – these are PAMM accounts.

The advantages of PAMM accounts are that investors do not need to engage in complex analytical work in order to determine the most profitable areas of commercial activity. Their main task is to find a good trader and have patience, waiting for the moment when the invested funds turn into powerful financial flows filling the pockets of far-sighted investors. The main criterion for choosing a trader, experienced investors call the experience and reputation of the subjects of the global financial market. Using open sources, you can find data on the number of profitable transactions and financial opportunities that interest you trader.

How do PAMM accounts work?

In order to understand how the accounts in question work, one does not even need to receive an appropriate education. Consider a scheme that without unnecessary terms, examples, etc. demonstrates the general principle of operation of PAMM accounts.

The subjects of the operations are:

• A trader (manager), it is he who opens the account, takes all the risks and carries out the necessary (in the framework of an agreement with the investor) financial operations in order to make a profit. The investor pays a certain amount of money, as a reward for managing accounts. As a rule – 20% of the total investor income.

• Investor – the next subject of the operations under consideration. His task is to find a reliable trader, agree on the terms of cooperation and provide the manager with the necessary amount of money.

The above diagram shows that before the start of operations the trader had 3 thousand dollars, and the investor – 2 thousand. After the transaction, which brought the participants 10 thousand dollars of total profit, they distributed it in proportion to their contributions and taking into account the manager’s remuneration .

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PAMM Account Opening Procedure

Of course, in each case, the operations under consideration may have their own nuances, the listing of which can take a lot of time. Therefore, we highlight the key points that allow you to remember the main algorithm and understand what factors are of particular interest to the trader and investor, in the framework of the question of PAMM accounts.

Open a PAMM account!

1. The trader is registered on the platform of interest to him, observing the requirements of the administration of the web resource.

2. A PAMM account is created, taking into account recommendations on technical and financial issues, including the amount of the minimum amount of money that a trader makes to his account.

3. The managerial direction of interest is selected, confirmation of the entered data is carried out through a letter that arrives at the address indicated by the trader.

Before registering a PAMM account on a promising web resource, the manager must carefully study the requirements of the creators of the platform. For example, for one user, $ 500 is quite a “lifting” amount, and for another, their loss can result in serious problems. These nuances (as well as many other recommendations of experienced specialists) help to deal with many factors of the topic under discussion, both for novice investors and managers who do not have the necessary experience and knowledge.

“General Risk Warning: Binary options and cryptocurrency trading carry a high level of risk and can result in the loss of all your funds.”

PAMM Ratings

In the ranking you see PAMM accounts of experienced Forex traders. You can invest in PAMM-accounts via the Internet and make money without trading personally.

All Low risk High risk For 3 month For 6 month For year 1 000$ 2 000$ 5 000$ ▼
Any currency USD RUR EUR

10%
average year

7% (35%)
Max. Drawdown

46%
average year

27% (50%)
Max. Drawdown

Bag 76
Борис Гуликов

36%
average year

22% (35%)
Max. Drawdown

25%
average year

15% (20%)
Max. Drawdown

55%
average year

46%
Max. Drawdown

19%
average year

26% (50%)
Max. Drawdown

34%
average year

25% (50%)
Max. Drawdown

38%
average year

41% (85%)
Max. Drawdown

58%
average year

32% (33%)
Max. Drawdown

6% (30%)
Max. Drawdown

Simple rating

There ara PAMM-accounts of traders working in the Foreign Exchange market through the broker Alpari. You can invest in a manager’s PAMM-account in order to earn on his trade.

What accounts are presented in the rating?

In the rating there are the most promising and safest Alpari PAMM-accounts. Selection is made due to the manager’s experience, average return, use of the martingale, stop-losses, etc. A full list of accounts can be found in extended view.

Rating indicators

For every PAMM account risk and return rates are shown through the time. The period for which they are counted is also pointed out.

The return is net, taking into account manager’s fee payment. This is the average profit of an investor in the past. Note that this is not a guaranteed profit, but a probable one.

Risk is calculated by the maximum drawdown in the account history. 50% risk means that drawdown can reach a half of the invested amount. At this level, it is recommended to set a stop-loss.

How to choose a PAMM-account?

Above the rating table there are various filters. Choose the deposit amount, approximate horizon, currency and risk level, comfortable for you. The most suitable for you PAMM-accounts will be automatically found in the rating.

How to invest in PAMM-account?

You can start with a demo-investment in one PAMM-account or a portfolio of several. Demo-account allows you to monitor investments without risk to real money.

To invest real funds, you need to open an account with the broker. You can invest and manage investments online via the Internet. The minimum deposit amount is $10 or 10 euro.

How Forex PAMM Accounts Work

Interested in trading foreign currency exchange markets but don’t have the time or know-how to trade forex? Forex PAMM accounts may be a good choice for you. (Related reading: Introduction to Currency Trading)

What Is a PAMM Account?

Percentage allocation management module, also known as percentage allocation money management or PAMM, is a form of pooled money forex trading. An investor gets to allocate his or her money in desired proportion to the qualified trader(s)/money manager(s) of his or her choice. These traders/managers may manage multiple forex trading accounts using their own capital and such pooled moneys, with an aim to generate profits.

To demonstrate PAMM accounts further, let’s look at an example:

The participants in the PAMM Account setup:

  • forex broker/ forex brokerage firm
  • trader(s)/ money manager(s)
  • investor(s)

The investors (say Peter, Paul, and Phil) are interested in reaping profits from forex trading, but they either don’t have time to devote to trading activities or don’t have sufficient knowledge to trade forex. Enter the professional money managers (Marcus and Mathew), who have expertise in trading and managing other people’s money (like a mutual fund manager), along with their individual trading capital. The forex trading firm signs up Marcus and Mathew as money managers for managing other investors’ money. The investors (Peter, Paul and Phil) also signup with Limited Power of Attorney (LPOA). The crux of the signed agreement is that investors agree to take the risk for the forex trades, by giving their capital to their chosen money manager who will use the pooled money to trade forex per his trading style and strategy. It also states how much the money (or percentage) the manager will charge as his take for offering this service.

For simplicity of example, let’s assume that all three investors chose Marcus to manage their share of money for forex trading and Marcus charges 10% of the profit.

In terms of percentage contribution to the total pooled PAMM fund of $ 15,000, each investor has the following share:

Paul = $4,000 / $15,000 = 26.67% and similarly,

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Manager PAMM-Account Period Return (ROI) Risk Equity