PAMM accounts from Forex4You: instructions for use
PAMM accounts - is a fairly new, but already proven tool for multiplying your capital. You will definitely appreciate all the advantages of investing in PAMM-accounts, because today the service is at the peak of modern trends in private investing. In this review, we will consider the service of the company Forex4You, for almost a decade, providing services in the market forex-trading.
About Forex4You
Forex4You is a trademark of the holding company E-Global Trade, registered in the British Virgin Islands in early 2007. Interestingly, the company's services are in demand not only in Russia and Eastern Europe. In fact, most of the international domain visitors come from southeast Asia, where one can find many customers from India and Thailand.
Rating of PAMM accounts
Rating of PAMM accounts in Forex4You is quite simple, but informative. You can immediately access information about the manager's capital, account age, maximum drawdown and overall profitability.
If you want to sort accounts by your own criteria, you can create your own filter.
Также, по нажатию на строку счета открывается подробный график доходности и оферта управляющего. Чтобы увидеть полный отчет, нажмите на название ПАММ-а (выделенный жирным заголовок). Здесь же вы можете произвести инвестицию, нажав на ссылку «Инвестировать» напротив соответствующего пункта оферты. Позаботьтесь заранее о проверке ваших личных данных, так как перед совершением любых финансовых операций вам нужно будет пройти процесс верификации аккаунта.
Полный отчет открывается в новой вкладке. Пользуясь им уже можно произвести полноценный анализ ПАММ-проекта, определить его рискованность и принцип работы торговой системы. В графе «Информация о счете», в первую очередь, нужно обращать внимание на размер максимальной просадки. Если трейдер использует большое плечо и при этом входит «на все» – это явный признак применения агрессивной стратегии.
Characteristics of PAMM accounts from Forex4You
Графа «Характеристики счета» содержит максимально полную информацию о торговле.
Offers
The more capital the investor attracts, the more profit he can get (within the limits of available liquidity). Therefore, managers of PAMMs usually put a progressive rate for investors, in proportion to the size of the investment. The larger the size of the deposit, the higher the percentage of remuneration.
Trade
На вкладке «Торговля» отображены текущие открытые позиции трейдера. Эта информация предоставляется редко, но бывает довольно полезной при оценке агрессивности торговли управляющего или же наблюдением за его стратегией до инвестирования.
Account history
The trade history can be useful if you want to evaluate the effectiveness of trade entries. The first time bar shows the opening price of the trade, the second the closing price. With this data, you open the chart with the specified symbol and see what happened to the price between these two dates. If the price was way down during the trade, then the trader is entering too early. If the price was going way over the closing price, it means that the trading system is not closing deals in time and potential profit is lost.
PAMM account dynamics by day
График позволяет наглядно оценить динамику доходности ПАММ счета, но не всегда дает точные данные. Во вкладке «Динамика счета по дням» можно оценить активность торговли в зависимости от времени. Тут отображен общий размер средств, размер залоговых средств, дневная доходность и количество закрытых сделок.
General Information
General information on the account shows the financial result of the trade broken down by instrument. That is, you can see which currency pair the trader trades the most successfully.
Transaction Statistics
It shows the summarized profit/loss values and the absolute number of trades closed in profit and loss.
Additional information
This tab is not particularly useful information for the investor, and serves more to satisfy his own interest. This data is not very informative, because it doesn't show the amount of performed deals. For example, if there were only two profitable deals at EURJPY, it does not mean that there will be no losses at this pair in future.
Terms for traders and investors
The system of trust management PAMM allows you, on the one hand, to attract investments in your trading system, thereby many times increasing profits. On the other hand, allows investors to earn in the market together with professional traders, without committing the transactions themselves.
If you are a practicing trader, the amount of remuneration you specify yourself - you can create several offers with different percentage of remuneration, depending on the amount of investment. Thus, the quantity of investors on one account can be any. The minimum size of the deposit and percent of compensation also is set by the manager of the account, which is displayed in the PAMM account proposal.
If you are an investor, and you have already made a contribution to any project, then you can easily increase the size of the contribution to get a higher percentage of the reward. In fact, to increase the size of the current investment is very simple, for this purpose it is enough to replenish the investor's account by any available method. Withdrawal is possible after the end of the investment period (a week or a month). There are no restrictions on the number of PAMMs in the portfolio, as well as there are no restrictions on the interval between investments.
Registration in Forex4You
In order to register as an investor or manager at Forex4You, go to the menu for clients and select the appropriate item:
Try to enter real data, because the next step will require you to enter a confirmation code from the SMS.
In the future, to enter the account, follow the link from any page of the site.
Deposit and withdrawal
You can fund PAMM account in Forex4You as a traditional bank transfer or via electronic payment systems.
A bonus program is available for traders, under the terms of which you get from 5% to 25% bonus on deposit. To pay the bonus you need to make the corresponding trading turnover on the account.
If you are interested in the company's PAMM accounts, find out more about the service:
- Go to the company website
- View current PAMM rating
- Open a trader's account
- Open an investor account
- Methods to deposit and withdraw profit