Best managed forex trading
One way is for all the investors to deposit money into the trader's account. This method is knows as investing in a PAMM account. PAMM stands for Percentage Allocation Management Module which is the software that is able to keep track of and manage all aspects related to multiple investors having funds in the main trader's account. The other method is for the client to open their own account, deposit their money and then authorize limited access for the trader to enable them to make trades on your behalf.
Of the 2 methods above, the PAMM system is more common amongst forex brokers. Quite a few brokers offer PAMM accounts that are tracked for their performance and can be sorted by various statistics to form a ranking that potential investors can choose from. There are several advantages investing in a managed forex account. The main one is time and expertise. You don't have to have either of these because you can simply leave it up to the account manager.
For investors who are looking for an alternative to other popular investments like stocks, mutual funds and property, forex managed accounts are a good place to diversify into. Another advantage that is often the main appeal of forex managed accounts is the potential for higher returns than other forms of investment. Of course this all depends on the level of risk you want to take, but as a general guide there certainly is more growth to be had in forex managed accounts.
The goal of investing in Forex managed accounts are gaining stable monthly returns with minimum declines in profit. Ideal for those who are focused on capital appreciation, our strategy is proven through years of trading and refinement to result in outstanding performance. ForexByPros aims to minimize losses and maximize profit. We place hard stop-loss orders on all accounts to reduce risk, increasing the value and using exit orders when trades are in profit.
These steps are essential for effective money management, helping to grow your investment with each month that passes. Investors Have Access to Accounts at all Times. Leaders of Foreign Exchange. How Does It Work? Welcome to ForexByPros At ForexByPros, we are passionate about bringing the benefits of Forex trading to those prefer for their investments to be handled by professional money managers.
Easy to sign up for an account Investors funds and profits are always accessible immediately No hidden fees — you only pay an agreed performance fee Funds handled by experienced managers using proven trading strategies.