HiWayFX talked about the advantages of a PAMM account for traders

The Forex market is constantly developing and is implementing new ways of working with assets. This simplifies the work of traders and makes it more accessible to all citizens.

Experts of HiWayFX told "Exchange leader" about one of the methods of profit making - the PAMM-system. As the company's representatives say, you can make profit with the help of this system without trading.

This means that the investor receives a percentage of the trader's trade.

What are PAMM accounts? How do you work on them? And how do the participants of this system profit?

PAMM-account: profitable for both the trader and the investor

Each participant of this system can effectively work with investments. When creating an account, the manager introduces his capital, describes the conditions on which he agrees to work with investors, without forgetting to include the amount of his remuneration.

Several investors can work with one PAMM-account at once. They will receive profit in accordance with their investments. The trader, moreover, will be able to get 50% of the deal. Suppose that Sidorov invested $ 200, Petrov - 100, and Ivanov - 50. With the trader's profit for a week of 10%, Sidorov will receive $ 10, Petrov - $ 5, and Ivanov - $ 2.5.

The figures may seem scanty, but do not forget that for the further work of the trader, investors for a month will be able to get 40, 20 and 10 dollars. In addition, the investor does not need to trade to make a profit.

The manager in turn can work not only with his capital, but also with investments. At the same time, he needs to show stable work. Moreover, with good work of the manager, his PAMM-account will rise in the rating and attract new investors.

Advantages of HiWayFX   

- Leverage up to 1: 1000;

- fast execution of orders - in just 0.02 seconds;

- the dealer does not interfere with the work of the trader;

- the opportunity to enter the interbank market and conclude deals at market prices;

- a large selection of trading accounts;

- absence of delays, requotes and slippage;

- a large selection of trading instruments: indices, shares, currency pairs, energy resources, precious metals;

- a deposit of only $ 20;

- a large selection of accounts: for professionals and for beginners;

- the ability to trade on micro-loops;

- stimulating and developing projects and programs.

Experts at HiWayFX claim that the conditions they provide to PAMM-account managers help traders to get a stable profit and work more efficiently.