Until now, only Alpari broker, the inventor of this type of account, was advertising this, which is why few people had ever heard of Pam account. But today, most reputable Forex brokers have started to attract customers to operate and invest in these accounts by imitating the mentioned brokerage. In this article, we also tried to fully explain what a PAM account is and how to create a PAM account. We suggest you stay with us until the end of the article.
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Familiarity with Pam account
PAMM (Percent allocation management module) is a software that is used exclusively by Forex brokers to allow their clients to connect their account to the account of one or more other clients and all its transactions. Copy them exactly to your account.
Pam, on the other hand, allows successful traders who intend to manage the capital of others to raise capital safely and without worries by concluding a capital management contract with them personally, through a broker, according to the success rate of their account. .
The more lucrative a trader has an account, the more traders will naturally want to link their account to his account and pay him a percentage of that profit as wages in exchange for a decent profit.
Example of a transaction with a Pam account
Suppose you are a trader with good returns and you have opened an account with Alpari Broker and now three traders have connected their accounts to you. Assuming your capital is $ 1,000, you will reap the following benefits:
$ 7500 customer profit | Customer profit of $ 15,000 | $ 30,000 customer profit | Your total profit | Percentage of your monthly profit |
420 | 840 | 1680 | 37۴ | 8% |
630 | 1260 | 2520 | 5614 | 12% |
840 | 1680 | 3,360 | 7488 | 14% |
10,504 | 2100 | 4200 | 9354 | 20% |
1837.54 | 3,674 | 7350 | 1436,254 | 35% |
Which broker’s PAM account is better?
Well, now that you know the revenue potential of PAM accounts, whether you are a profitable trader or not, you are probably more inclined to use and invest in this type. There are many brokers to open a PAM account that offer a wide variety of conditions.
Labels: Order to build a Forex robot , Build a stock trading robot , Build a trading robot , Trader robot design , Free Forex Robot , Forex robot programming , Forex Expert Making Tutorial , Build a trading robot with Python , Download Forex Trading Robot , Buy Forex Trader Robot , Automated Forex Robot , Free stock trading robot , Learn how to build a Forex trading robot , Alpari trading robot , Forex robot for Android , MetaTrader robot design , MetaTrader robot programming , Forex robot design , Forex robot programming , Automated trading