PAMM account
The SDAQ account is an investment service that gives investors the chance to make money without trading themselves on the Forex market and allows managers to earn additional income for managing client funds.
The basic idea of PAMM account
- A manager opens a PAMM account, allocating a certain amount of their initial investment as the manager's capital. They will be unable to withdraw any of this amount (an additional incentive for the manager to demonstrate caution in their trading).
- Next, they design their proposal, in which the terms of investment are listed. This includes the percentage of the investor's share of the profit they will pay the manager as remuneration.
- Investors search through the PAMM account ratings to find an account they would like to invest in.
- The manager begins making trades on the account using both their personal capital and the funds of their investors. Profits and losses on the account are divided among the manager and investors based on their share in the account.
How PAMM account operate
- A manager creates a PAMM account, starts trading, and designs their proposal for investors.
- Investors choose a manager in the PAMM account ratings and invest money in their account.
- The manager keeps on trading on their PAMM account using both their personal capital and the funds of their investors. The better the manager's trading results the better their position in the ratings.
- If the manager makes a profit, the amount of funds on the PAMM account increases and the profit is distributed among the manager and investors based on the size of their initial investments.
- The investors pay the manager a part of their profit as remuneration. The remuneration amount is specified by the manager in the proposal and depends on the amount of invested funds.
How can I start investing in PAMM account
Get started for free
Getting started is easy and free for 30 days, it takes only few minutes to setup.