For those of you who don’t know, PAMM is a certain kind of trust management. More often than not, such accounts are created to evenly distribute the money pool and make it easier to calculate the share of profit proportionally as well as the manager’s fee. It’s not a secret that any PAMM account often has more than one investor. That said, PAMM let’s the manager combine those investments and manage them from a single account, which makes life a lot easier.
As we have just mentioned, the profit gained over a certain investment period is distributed proportionally between the investors less the manger’s fee, which is always predefined according to the manager’s offer accepted by each and very investor. Most of the work is done automatically, especially when it comes to calculating and distributing funds. This excludes any chance of a human mistake, which is one of the factors making this type of investment safe and secure.
You should also keep in mind that more often than not, FX brokers offering their PAMM services let independent traders become PAMM managers provided that they comply with all the requirements and has a decent degree of skill and expertise. All of such PAMM services have their own local rankings to let the investor compare the performance and choose PAMM accounts according their own taste.
However, when it comes to choosing a certain FX broker offering a decent PAMM service, most people out there may have a hard time making up their mind. Indeed, every other FX broker seems to be offering a PAMM service, which makes it difficult to tell decent ones from the rest of the crowd, at least for the rookies.
That’s why Masterforex-V Expo decided to come up with a new rating embracing the industry’s PAMM offers to date. You can safely use it to make up your mind if you are just getting your feet wet in FX PAMM investing and are looking for a decent PAMM service to go with. The rating is update on a monthly basis to let you stay tuned and aware of any changes in the niche. The latest update took place in mid May 2016. The updated rating looks as follows:
TOP5:
- Alpari Limited
- Dukascopy Bank SA
- PrivateFX
- FIBO Group
- FxPro
They are followed by:
- InstaForex
- Forex-Metal
- A-Markets
- LiteForex
- MAYZUS
If you feel like participating in the open voting to help a certain broker with the “Best FX PAMM Offer 2016” title, you are welcome to do it on Masterforex-V Expo’s official website. Please keep in mind that only one vote per IP will count.
