Safe enough or not?

[Svetlana Loboda]

All investment have their own risk. But you can check on their PAMM account performance to minimize the loss.

Much old history is better; I always avoid new accounts (not less than one year) to judge their trading skill.

 

[Hoang]

I just want to know whether the investment on PAMM trading is safe enough or there is plenty of chances that you go on loss? Any idea from experts please!

Thing is everyone relies on the lead trader for profit. That trader must be an expert. The safety of the PAMM system lies on the ability of the lead trader or asset manager. Choose yours wisely. There are no refunds when the trader losses all the money.

 

[Astirewien]

Considering that forex is generally a high-risk business, it is quite important for a trader to take precautionary measures regardless of whether you are trading on your own or using a PAMM account. PAMM is only safe if you go for a trustworthy trader with positive reviews and proof of successful trading

 

[Via Atirox]

PAMM allows beginners to participate in the Forex market even with little knowledge. But of course, due diligence is necessary. Make sure that you only invest money in qualified PAMM managers. Atirox Forex broker offers PAMM System, and they have a monitoring list where trading managers are ranked. It's good cos it's transparent.

 

[Via Atirox]

Calling all our partners! Win a Honda CRV 2018 or iMac at Atirox's IB Contest! Deposit the required amount, and trade the minimum number of lots to win!

 

[lioneld]

Calling all our partners! Win a Honda CRV 2018 or iMac at Atirox's IB Contest! Deposit the required amount, and trade the minimum number of lots to win!

Can you please share the account history? I am interested to know the account history!

 

[Kazumu Fukunaga]

Safety of our money come first. There are brokers who do not pay money if you make huge profit. They either deny to pay or freeze your money. That's why regulated broker is very important. With regulated broker your money is safe.

 

[helodear123]

Can you please share the account history? I am interested to know the account history!

Although the thread is too old i guess but still no account history found in the winner's trading journal, lol.

 

[borzy]

I am not any expert but still want say something that is any invest in trading its totally depend on you how you will trade and after that the main thing is trading is also a matter of risk factor so its better before investing know about it better

 

[helodear123]

Trading is always associated with risks of losing money and that what it says while going to any reputed broker like hfm etc, they always have a risk disclaimer so we need to manage our risks associated with our trading.

 

[borzy]

That’s the core truth of PAMM. Treat it like manager due-diligence: demand more than 12 months of verified equity curve and max drawdown, diversify small across managers, and withdraw profits regularly. This is how I filter managers at HFM copy trading

 

[helodear123]

I have seen that the PAMM is now being getting replaced by the new copy trading services.

 

[borzy]

PAMM is not magic, only as safe as the manager. From my experience with hfm I only test with small money, ask for at least 12 months real track record and verified withdrawals before I size up