A PAMM account is a system of collective investment in which investors can invest their funds in the management of one or more traders.
How does it work?
A fund manager opens a master account and commits trading operations. If desired, the results of his/her trade may be published online (PAMM-Account Rating).
An investor can choose the most interesting PAMM-account (as a rule, an investor chooses from the ratio of risk and profitability - and at will transfers his funds to the management of the corresponding trader. In this case, the investor does not need to open a trading account - the money is simply transferred to the master account. The conditions of work are determined by the fund manager himself and fixed in a special document - a public offer, which is signed by the trader and the investor before the start of cooperation.
MAM / Social trading is a service of copying transactions
in which an investor can select the account of a successful trader and activate on his own trading account the function of automatic repetition of the same actions that a trader is doing.
How does it work? Traders transactions are publicly available. An investor opens a trading account, makes a deposit of funds on it and launches the copying transaction service by selecting a certain trader's account. In this case, it is possible to activate both the entire amount on the account and part of it in a certain percentage.
Terms are also described in the public offer, which the client must accept before subscribing to the service. Our consultants are always glad to provide you with detailed consultations on all the services of AKD Forex.