Managed Forex - Investing Your Capital in a Managed Account
As a trader, you might pick a managed account for your funds. Pros handle the trades with strong money skills. Many choose this for forex investing.
A managed account pools funds with others. A money manager handles trades for all investors.
Traders will distribute gains and losses based on their invested capital, calculated as a percentage of the total account balance. Since the money manager oversees a substantial combined account, they can effectively manage risk due to their ample capital resources.
Managed accounts let many traders handle your funds. As a forex trader, you pick one to invest and trade your money. Each manager's past results show up for you to review. Then you decide which currency expert will trade for you.
PAMM Accounts
A pamm account is the type of account provided by a broker to a money manager.
PAMM - Percentage Allocation Management Module
To join a PAMM account, a trader must first open a broker account. Then complete the forms to start a PAMM account.
The PAMM account will be traded by a money manager.
This arrangement means that all investors participating in the PAMM account will see their profits distributed proportionally, based on a percentage calculated automatically by the PAMM system.
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