What is a PAMM
PAMM is the acronym of Percentage Allocation Management Module. It is a piece of software which allows the access to a form of trading reminiscent of the managed savings. The investor deposits money on an account. Afterwards, this money is employed by expert traders to generate profits through online trading, or more often inserted in an automatic trading circuit.
The PAMM is a modern form of investment. In fact, it allows the user to make use of others’ competences and profit from their money in the most effective way possible. This way, the investor can overcome their restrictions, often represented by a limited skill to generate profits, by a competence in trading that does not reach levels of excellence or simply by the lack of time.
The PAMM is therefore aimed to all those who have a capital at their disposal. It is a resource for novices, but not only: it is also useful to those who know about trading but simply do not have the necessary time at their disposal to operate on the markets.
The system of PAMM Investing is well regulated and consolidated. The parties involved, which are substantially three, cover well defined roles and interact with one another in a perspective of absolute balance.
The roles of PAMM Investing
The effectiveness of the PAMM comes also from the relationship between the various participants involved in the process of investment. A relationship that, as just mentioned, stands out for the balance and the unusual ability to bring advantages to all. It can be stated undoubtedly that the PAMM brings a win-win situation.
The investor. The role of the investor is very simple. Their task is limited to the opening of an account, the deposit of the money and the monitoring of the actions of the manager. The last point is obviously optional but still advised. Obviously, they can withdraw whenever they wish to (or they should be able to).
The manager. They are the true protagonist of the PAMM. It is the figure who physically generates profits. Usually the role is played by a very experienced trader, who has already experimented (with positive results) the management of money for a third party. Their task, obviously, is to analyse the market and use the necessary strategies to produce assets. Often the manager is replaced completely or in part by an automatic trading programme which has proved its validity and effectiveness over time.
The broker. The role of the broker is apparently more hidden. In reality it is of crucial importance. The task of the broker is to provide a trading environment which favours profits. They must predispose an account with good economic conditions, an efficient platform, monitoring tools at the investor’s disposal.
The advantages of PAMM Investing
PAMM Investing is an approach which is achieving much success and is rapidly spreading also in the European context. It could not be otherwise, given the many advantages it can guarantee. Here are the most relevant ones.
Comfort. It can be seen from the short description given a few lines above. The role of the investor, from the operational point of view, is inexistent. The difference of perspective compared to the traditional trading is significant, and can determine an increase in the quality of life. In fact PAMM Investing means no effort, no stress, no emotional pressure.
Efficiency. Regardless of the level of expertise the investor has, it is likely that the manager knows more than them. Also because those who organise PAMM accounts in general choses outstanding personalities, or at least with demonstrated ability. Therefore, on average, the results of the PAMM accounts are better than the traditional accounts. It is a key aspect, since these results are reached without acting in first person, therefore without making physical or emotional efforts.
Convenience. Obviously, the PAMM accounts are not free. The investor has to sustain the costs of a normal account (commissions and spreads). Moreover, the investor has to give a percentage of the profits to the manager, as a compensation for their service. This percentage varies from programme to programme, from broker to broker. Often it is even at the discretion of the manager. However, almost always, such percentage justifies the service received and, actually, creates a limited impact on the account, at least in relation to the results achieved. If PAMM was a classic product, it would stand out for an exceptional value for money.
Security. Those who approach the PAMM concept for the first time generally raise objections about the security. Generally speaking, entrusting one’s money to third parties generates some preoccupation. Well, in this case the worries are totally unjustified. By law, the accounts of the manager and the investor are segregated. The manager has no power on the investor’s account, if not the possibility to use it to do trading. They cannot move nor withdraw the money of others. Therefore, PAMM Investing is a 100%-safe approach.
Monitoring. Another criticism which is prejudiciously expressed at PAMM programmes consists of the loss of control on the money. It is, indeed, a prejudice. The investor always maintains the control on their own money and can verify in any moment how this is used. The broker, in fact, offer tools that allow a strict and thorough monitoring of the actions taken by the manager.
Control. The matter of control, in relation to PAMM, covers also other aspects, firstly, the financial management . The reference is obviously made to the policy of withdrawals. From this, not only are there distortions, but the picture is quite positive, even more than that of withdrawals in traditional trading. If the withdrawals from a traditional account take some days, the ones from PAMM accounts hardly take a few hours.
The PAMM Investing of Ok Forex Markets
Ok Forex Markets promotes one of the best PAMM programmes around. Efficient, convenient, valued by the support of excellent partners. Here are few details.
What Ok Forex Markets offers
The PAMM accounts offered by Ok Forex Markets centre around the DAX index. The investors’ money is used to generate profits through trading on this interesting asset. The DAX, for those who do not know, is an index which includes the shares of the 30 most important German companies. It is an index appreciated for its balance, the optimal volatility (sufficient to stimulate profits but not so high to generate distortions), for its marked legibility. The DAX index is part of Frankfurt’s stock market which is open from 9 to 17.30.
The managers of the PAMM accounts promoted by Ok Forex Markets make use of complex software for the analysis and operations. They use a valid strategy, which is consolidated and has proved its effectiveness over time. In particular, it crosses the assessments on middle and long term and analyses the long and short period trends.
The PAMM programme of Ok Forex Markets is a rare combination of caution and search for profits. It does not surprise that each entry has a 1% risk and a 2% objective.
Moreover, it is very cheap. In fact, the investor has to give only 10% of the profits generated on their behalf. This is a percentage which is substantially below the average and reveals how convenient and profitable it is to rely on the specific PAMM programme of Ok Forex Markets.
The earning prospects of Ok Forex Markets’ PAMM are excellent. In fact, it proposes to generate 20% profit on an annual basis.
Who does Ok Forex Markets rely on
The PAMM accounts of Ok Forex Markets have an exceptional ally: Key To Markets.
Key To Markets is one of the best brokers in circulation. It is appreciated all around the world for its completeness and its ability to side with the trader. Firstly, it provides a serene and effective trading environment which is functional to the growth of the user. Secondly, it proposes competitive economic conditions, valued by a limitless offer of assets. Finally, it provides training and support services definitely above average.
The role of Key To Markets in the PAMM accounts promoted by Ok Forex Markets is the usual: provision of the infrastructure of the account, the platform, the monitoring tools. In this as in other cases however, Key To Markets plays its role perfectly, creating guarantees of security for the investor and a stimulating context for the managers.
How to open an account
It is really easy to join the PAMM programmes of Ok Forex Markets. Here are the steps to follow.
- Register to the broker Key To Markets on this link.
- Open a real account PAMM Investor EUR and wait for the approval.
- Deposit the money.
- Move the money from your personal account PAMM Investor EUR in the PAMM of OK Forex Markets (Stocks) clicking on this link. Log in with id and password that you have received via email when you opened the account. Finally, select the amount of the investment.
Once the deposit is approved, you can monitor the results, deposit more money or withdraw.
To open an account on Key To Markets you should also attach a copy of:
- An identification document, front and rear (ID card, Driving Licence, Passport)
- A proof of residency (certificate of residency or utility bill up to three months old).