PAMM service from Insta: instructions for use
PAMM service from Insta began its work in 2010 and quickly enough became one of the most popular PAMM-services in Russia and the CIS. In many respects it was achieved due to the absence of strict restrictions on the minimum deposit of PAMM accounts, the size of investments and investment period, giving clients almost complete freedom of choice. Also, the company has developed an advanced account monitoring system combined with the ForexCopy system. Depending on your intentions, you can register as a PAMM-trader, PAMM-investor or a PAMM-partner. We will review the whole process from registration of a new account, to replenishment of a trading deposit and subsequent investment in a PAMM project.
Account registration
In order to become a member of the PAMM service from InstaForex, you need to follow three simple steps:
1. To begin with, you need to Register a new trading account. During registration, you will be required to accept the terms of the agreement on the order of trading operations. Read carefully (!) the agreement of the public offer before you agree.
Also, you will need to fill out the registration form. In the "Status" field, enter "Individual". In the "E-mail" field, enter your e-mail address and click "Next.
After that, you will be prompted to enter your personal information. Be careful! All data must be authentic to pass the verification procedure.
After specifying your personal data, you will need to specify the parameters of your trading account. If you are only registering for investment in the PAMM system and don't intend to trade on your own, you can leave the "default" parameters unchanged. Here you will need to specify the main and phone passwords, or generate them automatically.
This completes the registration of a trading account.
2. log in to client office.
After authorization, go to "Company Services" -> "PAMM-system" and confirm your agreement with the agreement of the public offer.
Next, select the type of PAMM account. To create an investment account, select the PAMM-Investor item.
This completes the registration and you become a full member of the PAMM service from Insta.
Types of PAMM accounts
Instaforex PAMM system gives you a choice: become a PAMM-partner, PAMM-investor or PAMM-trader.
By registering as PAMM-traderyou can almost immediately begin to attract investment in the PAMM-project. PAMM-account will be displayed in the general monitoring of PAMM-accounts, where it can be found by a potential investor. The trader who operates the trading account will receive compensation from investors in the form of a part of their profit of the predetermined size. That is, the trader receives not only the profit proportional to his share in the account, but also a part of the profit of investors, which will return to the trader at the withdrawal. Along with the registration in the PAMM system from Insta, the trader is given the opportunity to sell signals through the ForexCopy system. In this case, it is up to the investor to decide how they will benefit from the trader's trading.
PAMM-Investor gets access to extensive account monitoring. Each PAMM account has detailed statistics on current profits, investments and trading system characteristics. Also, the investor gets the opportunity to invest in one or more PAMM-accounts and a guarantee of safety of funds on the managed account (the trader can withdraw only the free part of the deposit, which at the moment is not involved in the trade). The profit received by the investor depends on his share in the investment account and the remuneration percentage specified by the manager.
The principle of PAMM-partnership allows you to earn a risk-free profit together with your attracted investors. Part of the profit of the PAMM-trader managing the account will go to you. In the account settings, the PAMM-trader specifies what percentage of dividends will go to partners. For example, the trader specifies the level of compensation equal to 50%, while he receives 40%. Let's assume that one of the investors has invested $1000 and received a loss. In this case, you do not receive a loss. If the investor doubled that amount, and got a $1,000 profit, the amount is split this way: 50% goes to the investor; 40% goes to the PAMM trader's dividends; half (50%) of the trader's earnings goes to you.
Rating of PAMM accounts from Insta
In the upper left corner there is a block of filters (1), where you can enable the display of the full list of accounts, only PAMM system accounts, only ForexCopy system accounts or only demo accounts. Here you can also save the set with the current settings, so that you do not have to set all the filters again next time. Just below is a block with buttons (2), responsible for profitability display for the day, week, month, 3 months, 6 months, 9 months and total. In the upper right corner, you can change the appearance of the rating from a list to a table, as well as manage the filter settings and the display of columns in the account table.
You can also adjust filters directly in the table header (4). By clicking on the column name, you can sort the values in descending or ascending order. Here you can also find the PAMM account you are interested in by the short name.
To go directly to the account monitoring, click on the number of PAMM in the general table of the rating (5). For convenience, the number of displayed rows in the table can be changed (6).
Monitoring PAMM accounts
The monitoring page displays detailed information about the selected PAMM-account:
- PAMM project name and account number;
- Leverage size;
- Supported services (PAMM-service and ForexCopy system);
- The value of a simple rating;
- Number of days since project registration;
- The number of PAMM investors and ForexCopy subscribers (if connected);
- Automatic calculation of trading aggressiveness with a division into low, medium, high and very high degree of aggressiveness (has two types of calculation - by time and percentage weight);
- Then comes the data on the current balance, equity in the accounts and the total profits over the life of the project;
- The upper block closes the evaluation of the project by users of the PAMM-accounts and ForexCopy signals service.
In order to invest in this project, click on the "Invest" button. By clicking on the "Invest" button, you will be redirected to the Client Cabinet, where you can specify the specific parameters of the investment, as well as learn the parameters of the manager's offer. Before you create a deposit, you will need to fund your trading account with the necessary amount.
The main monitoring page displays a graph of funds and used margin. Here you can also see a graph of the growth in percentage, the distribution of shares between investors and the distribution of transactions by trading instruments.
The "Investments" tab contains the current investment conditions, determining the minimum investment amount, commission percentage, minimum investment period and penalty for early withdrawal. In the form below you can enter the investment period, its size and commission and calculate the potential income for a specific period of time.
Also, this page displays the current investments and the financial result of them. In the adjacent tabs you can view the history of past investments and requests for I/O of the manager.
The "Subscriptions" tab displays the history of subscriptions to the signals.
Some managers also allow you to view data on current trades in the account and the full history.
The last tab displays statistics on visits to the project page.
Account replenishment
You can replenish your trading account through payment terminals:
In cash, with the help of local dealers:
And also, through systems: Qiwi Wallet, Skrill, Yandex.Money, NETELLER, Ukash, transfer to RuRu, RBKMoney, BitCoin, FilsPay, Webmoney, BPay.md, money transfer system "Lider" or the usual bank transfer.
The PAMM system from Insta is one of the first on the foreign exchange market. In connection with this, as well as the general popularity of the broker, you will be able to find there a sufficient number of registered managers and investment opportunities. But be sure to read the offer agreement before opening an account, the company has important limitations and features that may not suit all traders and investors. Have fun investing!
This is an old one, but there are a lot of cent aggressors, which is not quite safe for capital.
Instaforex is a normal broker. I have been with them since 2010, the quotes are clear, no problems with withdrawal.
I liked the article)
The broker's website shows quite detailed information about PAMM investing, and the trading history of managing traders.