Guys, yesterday I spoke with the support Gainsy about PAMM accounts. It is really interesting thing! I had never invested my funds to someone or traded by someone’s cash!
there is some info from Gainsy’s site about PAMM managing:
Risks distribution – all the positions opened on the Account managed by you, shall be distributed on a percentage basis in accordance with the Investors’ current balance ratio, each account bears the same risk level, regardless the Account size;
Security of your funds deposited in PAMM Account provided by the Company by using SSL-protection with highly secured technology for protection of financial transactions;
Unlimited number of Investors who can invest in your PAMM Account what increases your profit as a Manager in case your trading results are successful;
Opportunity to get income not only from trading, but you will also get interest that you specify by yourself while creating PAMM Account;
Possibility to set PAMM Account settings and trading conditions such as trading period, profit distribution and other significant terms at your sole discretion while you create new PAMM Account;
Automatic distribution of profits with no human intervention;
User-friendly and intuitive back-office which makes PAMM Account management much more easier for you;
Protection of your trading deals from copying by the third parties is conditioned by the fact that the Manager selects the frequency with which the information about the deals will be updated;
Opportunity to add as many PAMM Accounts as you wish to and select different trading conditions;
Opportunity to increase the number of PAMM Account Investors by leading Forex trading via different trading strategies;
Availability of Expert Advisor (EA) trading;
Opportunity to carry out Account management from any part of the globe connected to the Internet network;
Trading results performance that is displayed in PAMM Rating both to potential Investors, Managers and traders;
Broad range of various instruments helping you to acquire as many Investors to your Managed PAMM Account as possible: banners, logos, Forex analytics and many other Internet advertising materials on your request;
Opportunity to involve PAMM Partners into the acquisition process of Investors, who will invest their funds in account managed by you, so that your income would significantly increase;
Terms and conditions of GAINSY PAMM Account are fully compatible with MT4 STP Account;
Twenty-four-hour support team and personal manager at your service on demand are always ready to provide you with the necessary help;
Easy-to-use process of funds deposit and withdrawal via bank wire transfers as well as such world most known payment systems as Visa/MasterCARD, Skrill(Moneybookers), CashU, Perfect Money, WebMoney, RBK Money etc.
Most of all I was interested by this:
Opportunity to get income not only from trading, but you will also get interest that you specify by yourself while creating PAMM Account.
As I understand, you can setup the percent of profit you’ll get from investors, am I right?