Before making a public release, major brands always give it comprehensive beta testing in order to eliminates bugs and drawbacks, improve the product or the service in question. All of you probably know about those long lines in front of Apple stores on the release day. However, those days are preceded by tons of internet traffic to all those online sources informing us about the forthcoming releases including beta-testing results. Apparently, Apple is not the only company doing so. This holds true for Toyota, Sony, Adidas, Rolex and many other world-famous brands from around the globe.
When it comes to Forex, few brokers actually make use of the same policy. In fact, PrivateFX is probably the only broker who launched another test-drive of its products and services. This time, Masterforex-V Academy experts are testing the company’s investment service named Active Investor.
Preliminary Test Results
The preliminary results of the test drive made by Masterforex-V Academy came as a surprise to most FX traders out there monitoring the situation. They were amazed at both the financial results and the amount of PAMM accounts available for investing (105 PAMM accounts in 2 months after the start). They also paid attention to several innovations:
- You can cancel the subscription to any signals copied from any PAMM account at any time you want
- You can change the settings, including the copying rate
- You can set your own SL and TP orders fro copied trades
- You can trade on your own along with auto-copying the signals
Top PAMM Accounts to date:
All the traders who gave Active Investors a try unanimously say that one of the biggest advantages of this service is that this is an all-in-one solution. Simply put, you can invest, copy successful traders, conduct your own trading and even manage PAMM accounts at the same time within the scope of a single account. This is fairly convenient. As you can see the choice is fairly wide. Those PAMM accounts are managed by professional traders with year of expertise who proved their consistency. By they way, most of them are the winners of exclusive trading contests conducted by PrivateFX to find those “golden nuggets».
With PAMM Accounts by PrivateFX, you can set your won rate of copying the signals for any PAMM account you choose. This adds flexibility to the process, thereby shifting the control in your favor. Another striking thing for the testers was the convenience of the trading platform provided by PrivateFX to work with Active Investor.
The software lets you analyze and monitor all the crucial information for any trade you have copied, including such parameters as PAMM account number, copied order number, rate of copying, commission paid to the signal provider etc.
Trader named Safron tested 2 PAMM accounts available for auto-copying:
2331 -PARAMON
2215 - Kirr
PARAMON’s PAMM account is an excellent mix of conservative and aggressive strategies, which successfully survived the unexpected rally made by the Euro the other week and successfully recovered. This is a sign pointing to the fact that the trader managing this PAMM account is a true professional with years of expertise. He is a good risk manager. The 85.77% yield generated since day one with no refinancing at low risk is a good result.
The same holds true for Kirr’s PAMM account, even though it is more about conservative trading with low risk - small lots. This is a must-have in your PAMM portfolio. The yield generated over since the very start is 29.2%.
Trader named expert07 was another one of the testers. He also gave several accounts a try to come to the following conclusions:
-The list PAMM accounts is substantial and still expanding. This confirms the growing popularity of Active Investor by PrivateFX. 21 PAMM accounts open for auto-copying! That’s a lot!
-Most of the accounts available out there have been showing decent performance since day one. The average yield is 20%a month, which is a nice result, especially given the current uncertainty seen in financial markets worldwide.
- 2 accounts are already available for investing to date. However, given the beta-testing mode, there is nothing fancy about it. Another reason why the amount of PAMM accounts available for investing is still that small is a relatively high threshold for managers. The thing is that mangers have got to invest at least $10 000 of their own money to start a PAMM account open for investors. With that being said, the tester recommends cutting the threshold down to $3K-$5K to see the amount of active PAMM accounts grow fast.
Other Masterforex-V Academy traders also tested Active Investor’s PAMM to arrive to the conclusion that hose who have invested in Active Investor can enjoy extra safety since any PAMM with negative balance is excluded from the index and replaced with a better-performing one.
Test Drive: Preliminary Result Summary
With that being said, Active Investor got a comprehensive test. Here is the bottom line:
-The service is affordable and available to anyone from a rookie looking fro extra passive income to a trading exert looking from extra trading capital as a PAMM manager.
-The all-in-one feature is excellent! Doing everything from a single account is convenient, more efficient and can be considered a time-saver and a money-saver at the same time!
- Active Investor is all about transparency, which is something most other PAMM services lack while this is an important factor for the average investor. You stay in control of the situation at all times.
-This is a nice option for anyone looking for passive returns on their savings invested wisely. Without any doubt, this is a solution for savvy investors.
-Active Investors offers a wide range of PAMM accounts while the list of PAMM indices is growing as well. It is nice to see the service growing and getting more flexible and client-oriented. The progress is going to make it even more popular among international traders and investors.
