Joined: 07 Sep 2015
|Posted: Thu Nov 05, 2015 6:50 am Post subject: PAMM Account with 5Stars Forex
PAMM Account with 5Stars Forex
A Percent allocation management module which is commonly known as PAMM is also referred sometime as Percent Allocation Money Management, Which describes a software application mostly used by the Forex Brokers. Foreign exchange brokers use PAMM account to allow their clients to attach money to a specific trader managing one or more trading accounts appointed on the basis of a limited power of attorney. PAMM solution allows the trader on one trading platform to manage simultaneously unlimited quantity of managed accounts. The ratio in PAMM is determined by the size of the deposit on each managed accounts. Higher the deposit higher will be the proportion. Trades, Profits and losses (results of trader’s) are allocated between managed accounts according to the ratio.The 5Stars Forex PAMM Account is an investment service that gives investors the chance to make money without trading themselves on Forex and allows managers to earn additional income for managing client funds.
For More Details: https://www.5starsforex.com/pamm/pamm.php
The Basic Idea behind the PAMM Account
A manager opens a PAMM Account, allocating a certain amount of his initial investment as the Manager's Capital. He will be unable to withdraw from this amount (an additional incentive for the manager to demonstrate caution in his trading). Next, he designs his Proposal, in which he lists the terms for investors. This includes the percentage of their share of the profit they will pay him in compensation.Investors search through the PAMM Account Ratings to find the account they would like to invest in.
The manager begins making trades on the account using both his personal capital and the funds of his investors. Profits and losses on the account are divided among the manager and investors, based on their share in the account.
5Stars Forex PAMM Partnership Program
One way a PAMM manager can work on developing his PAMM Account is by bringing in a partner to help out. The partner doesn't trade on Forex and doesn't participate in the PAMM Account management. There are two types of partners a manager can recruit.An Acquisition Partner helps bring in new investors to the account. They are paid a percentage of the manager's compensation for each client they refer.An Auxiliary Partner can help in other facets of the PAMM Account: analysis, marketing and advertising, etc. They are paid a fixed percentage of the manager's total compensation from investors.Any 5Stars client can take part in the PAMM Partnership Programs after signing up in 5Stars Forex. A partner can then get in touch with the manager and agree on the percentage they will be paid.
5StarsForex have multiple liquidity providers and built solid relationship with some of the world’s largest banks and financial institutions to make our clients benefit from competitive Forex spreads even during volatile markets and news release.