Forex market has lately shown great dynamics of its development. The number of broker companies has increased, quality of services improved, more financial instruments became available, and there has broadened the check-list of trading accounts, which allow applying various strategies of investment.
According to the experts of Nas Вroker company, today Forex brokers can satisfy most various wishes of their clients, starting from those who are ready to do their own business and develop their skills of successful traders, and ending with a passive category of investors, dreaming only about correct placement of their capitals and calculating profits. However, traders, effecting deals on their own under supervision of experienced tutors, feel not worse.
Pluses and Minuses of Trust Management
It would seem that appearance of such service as PAMM account at the market has literally made a revolution at Forex. Popularity of PAMM accounts started growing quickly among beginners at Forex market, as well as among those traders, who have failed to reach success on their own. For companies, offering this type of capital trust management, guaranteed that your money will appear in hands of experienced traders, who can get good profit in any market situations. It is enough to entrust your money to them and agree to have a part of earned means to be given off in the form of a commission fee, and that’s it – you can do chores and watch how your capital rises.
From the very beginning broker companies started advertising PAMM service as an absolutely safe type of investment, which brings high profits. Truly, managers of PAMM accounts were chosen from most successful traders. On their official web sites brokers publish their ratings, information about trading strategies of managers, their successes for the latest period, expected income, etc. Later PAMM service started being improved. There appeared such innovative instruments as PAMM indexes and insurance of PAMM accounts.
At first sight, companies were doing everything in order to make trust management safer and more profitable for their clients. Although, having a critical look on things, one could rather can ask a trivial question: if the first variants of PAMM accounts are absolutely safe, then how can they be made even safer later? And finally, if improved PAMM leaves no doubt about reliability of capital maintenance, then why to insure accounts?
“Actually, such exercise in smartness of sceptical personalities could hardly influence the growing popularity of PAMM service if it had not been for some unpleasant events, for example, a scandal around a famous Forex broker MMCIS group,” admits Nas Вroker company.
Is it possible that instead of profits people got losses? If no, than what’s the matter?
Apparently, the companies, which introduced PAMM service into the market, after all did not palter with truth when speaking about its reliability and profitability. However, with time brokers started suggesting to invest in their systems of trust management. Besides, each of them claimed about extremely high professional qualities of their managers, promised high profit, and guaranteed safeguard of clients’ capitals. Could the quality of services remain unharmed at such active growth of offers? Certainly, not.
On top of everything else, clients sometimes felt disappointment when they saw the difference between promised and real. A standard commercial of a PAMM account looks the following way: you invest 10 ths. dollars, and a manager accumulates 5 ths. (50%) for the first month; he takes 15% of income as a commission fee, and you, as a doing nothing investor, get the income of 4250 dollars in 30 days. Further, your capital and profit rise exponential.
However, far from everyone is ready to invest such big sum. Yet a manager can not only guarantee 50% profit per month, but also sometimes goes into a deep drawdown and finishes another period with loss. Any professional trader knows that this not a disaster. The lost money can be returned with time. However, the idea to make a million till the middle of next summer should rather be said goodbye to as a fantastic one.
Do it on Your Own
“Any investor feels much more confident feel if he manages over his capital on his own. In this reference the volume of invested means or gained profit do not matter. The mere feeling that by managing over your money somebody else can make irrevocable mistakes and thus ruin everything undermines investor’s self-confidence.
What to do then? Trade at Forex on your own? But many people have already learnt by experience that without enough knowledge and experience such decisions will also lead to the loss of capital. Our company offers an absolutely different approach – to use the service of personal analyst, who will become a reliable ally and guide for any beginning trader,” says Artemy Harlamov, expert in the sphere of international financial markets of Nas Вroker company.
So, the service of “Personal Analyst” allows killing two birds with one stone. On the one hand, your deals are effected under supervision of an experienced specialist, which allows reaching the same professional level of trade as in trust management of PAMM services. On the other hand, your money is under your permanent control. Eventually, it is up for you to decide whether to buy or sell any instrument by the advice of a tutor, when to withdraw means , etc. (For more details see article “Nas Вroker Explains What Problems Can be Solved with Personal Analyst at Forex”).
“Personal Analyst” secures the main right of a client to freely manage over his means. At the same time, this service allows trading quietly and effectively at the market, thus effecting deals with minimal spread and low entry threshold. An experienced professional will advize how to make a correct investment portfolio, considering the volume of your capital and current market situation. Nas Вroker company does not promise a certain percentage of monthly profit, for the earning of every trader depends on a bulk of factors, which makes its accurate prediction almost impossible. However, Nas Вroker guarantees that you will be able to make more money on your own only if you reach the same professional level as your personal analyst and prove to be more successful at the market.
But is it possible? “Certainly, yes,” answer representatives of Nas Вroker company, “for you regularly communicate with an experienced practician, regularly analyze market situation with him, thus acquiring the necessary knowledge and skills. It is hard to think of a better way of studying! When using the system of trust management, you fully step back from trade and risk to remain a beginner at the market till the end of your life; whereas, here you get a real chance to become one of best traders. ‘Personal Analyst’ is a good combination of business and study.”
Let us remind that company Nas Вroker occupies one of leading places at Forex market owing to its unique services. Using the help of “Personal Analyst” takes very little time. You are to visit the company’s web site, open a Classic Standard account, replenish it with a sum not less than one thousand US dollars, and get in touch with support service. Further, you are only to work and earn money under supervision of a personal analyst. At your disposal there are 70 currency pairs, 50 types of future contracts, 250 names of stocks of the world's largest companies, and other financial instruments.
