I found something very new reviewing my account at my forex platform provider. It is named PAMM investment accounts. In short you invest money in your PAMM account to be traded by a manager in Forex.
I open a PAMM investment account at 28 of april of 2014 with an initial investmet of $ 750 and with sucesive later deposits rized the total investment to $ 1,248.58 .-
Now the equity of the account is 2,123.66 That is a 70% increase in just 3 months.
In the following image you can see all the info of my PAMM account.
You can find a lot of PAMM accounts managers. So the question is in which manager you can trust to put your money in his hands to trade by you.
In my case my choice was Illuminati and you can see my results.
In the below image you can review the performance of this manager since february of this year.
To invest with this manager click the banner below:
1. What is PAMM account
PAMM account – is a special trade structure created as part of MetaTrader4 platform. It incorporates 50 trading account plus 50 or more Investment account(s).
Trade on the PAMM account is carried out by Manager and profit gained from trading operations is distributed in proportion of the share made by each Investor into PAMM account. The minimum amount of investment is $10.
Investor does not need to make trading decisions or arrange transactions – he/she just need to invest into a successful Manager. You also do not need to wait for a rollover to credit investment into account – investment funds start to operate immediately after the transfer of investments into account which is done in fully automated mode. As soon as funds are credited into PAMM account the module which controls PAMM account will automatically adjust the volume of transactions in accordance with the investment ratio and from this moment the rate of return in your investment account will be identical with the yield of the PAMM account into which you have invested money.
Manager manages funds in the most efficient way, with no distraction on calculations and adjustment of the volumes of your investments. Manager does not even need to know how much money is invested in his PAMM account or when investors join or leave the account. All routine work is done in a fully automated mode by a module-manager. This eliminates negative psychological effect because Manager can see the same balance in the PAMM account and build up his/her Money Management solely on the basis of indications on the only trading account, just as it happens during normal trade. It easily allows you to trade in the automated mode using trading advisers, as there is no need to modify them. Procedure is the same as if trade is carried out on a regular trading account.
1. How to register as Investor?
In order to register as Investor you shall log in at the Client’s Cabinet and follow the link «Open Investment Account»
To make Investment start working, you shall choose a Manager who will manage your money and you shall deposit funds into Investment account. Note that Investment will commence functioning as soon as funds have been deposited, without confirmation from the Manager. It means that if the manager has open transactions they will immediately be synced to your Investment account in the amount calculated as ratio of Investment as follows:
Investment ratio = Amount of Investment / Equity of the Manager’s trading account
2. What is Investor’s personal account?
Investor’s personal account is created upon initial registration of Client as an Investor to facilitate transfers between Investment accounts, both active and archived, with the help of internal transfer system. You can top up the account or withdraw money from the account by using any of the payment systems represented on the site including bank transfer, with the exception of transfers from trading accounts/trading accounts Lite, Real, Floating spread.
- 3. How to invest funds or withdraw investment.
*Before you start these actions please log in at the Client’s Cabinet.
The funds can be deposited into Investment account by using any of the payment systems, represented in the section «Deposit» of the site. You can also use internal transfer system for topping up if you have money available on your Personal account of Investor.
Full withdrawal of the Investment from PAMM account. In this case, Investment account will be archived and further investments into this account will be impossible. Funds remaining after settlements with Manager will be transferred into Investor’s personal account.
Manager’s Investment account is detached only in case the PAMM project is deleted.
A binary option in finance is a type of option in which the payoff can take only two possible outcomes, either some fixed monetary amount of some asset or nothing at all. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and fixed return options (FROs).
When buying a binary option the potential return it offers is certain and known before the purchase is made. Binary options can be bought on virtually any financial product and can be bought in both directions of trade either by buying a “Call”/“Up” option or a “Put”/“Down” option. Binary options are offered against a fixed expiry time.
For example, a purchase is made of a binary cash-or-nothing call option on XYZ Corp’s stock struck at $100 with a binary payoff of $170. Then, if at the future maturity date, the stock is trading at or above $100, $170 is received. If its stock is trading below $100, nothing is received.
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Binary Options Trading offers a variety of advantages over other forms of trading that has made it a popular choice for many traders.
One of the main reasons people like Binary Option trading is that it’s extremely easy to get started. Once you understand the basics of placing a Call or Put trade it’s as simple as putting in the amount you would like to risk, and either pressing Call or Put and then waiting on the result.
Another advantage is that you know exactly how long you will be in a trade for. Binary Options Trading has set expiration times so when you enter a trade, rather than having to decide for yourself when to exit the trade and potentially exiting too early or too late and losing your entire bank, you already know the exact time the trade will end. A lot of traders prefer this as it allows them to accurately plan and predict their trading patterns and allow them to be out of trades during times of volatility.
Unlike other forms of trading, with Binary Options Trading you will never risk in a trade than your initial stake. With Forex Trading you can set your pip size and also a stop loss, but there is always a risk that you will lose more than you intended, and any slight miscalculation in the heat of a trade can leave your account emptied in a matter of seconds. With Binary Options Trading you set the amount you want to stake when making the initial trade, you can also see the % gain you can expect to make on your initial staked amount therefore allowing you to work out how much you can expect to profit and know exactly how much you’re risking regardless of the amount of movement within the markets.
Many people new to Binary Options Trading are also surprised to learn that there are no commissions either. This further allows you to plan your trading finances better as the exact amount you risk and the % payout will be exactly what you Win or Lose with no extra or hidden commissions from a Broker.
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A quick summary of Binary Options.
Binary Options are a form trading, across a variety of different options that involves an all or nothing outcome to winning. The name Binary Options comes from the fact in the sense that Binary is made up of 1’s and 0’s, Binary Options trading has two possible outcomes, Win or Lose.
To Win or Lose in Binary Options, it’s necessary to predict the price movement of preferred assets over a set time. This set time is called the ‘expiration period’ and can be as little as 60 seconds, or as long as 60 minute depending on the broker of choice. Within this time period the chosen asset will rise and fall but it is the final position of the asset at the end of the expiration period that matters in Binary Options trading and decides whether you Win or Lose.
When placing a Binary Options Trade you must decide whether you think the chosen asset will finish above or below the chosen price and in line with this place a CALL or PUT trade. If you place a CALL, you think the chosen asset will finish above the chosen price at the expiration time and if you think it will finish below the chosen price then you chose a PUT trade.
When the expiration time is reached, If your chosen trade was correct you will be ‘In the money’ and receive a payout usually a set % that you will be aware of before placing the trade. Most brokers will have this % displayed next to the assets that you are trading so you will be able to work out how much you’re set to profit in the event you finish ‘In the Money’ If however, your chosen trade is wrong, you will finish ‘Out of the Money’ and you will lose your initial deposit you put on the trade. This is where the all or nothing aspect of Binary Options trading comes into play.
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