Unveiling the Advantages of FIBO Broker’s PAMM Account

Axella Pips 05 Dec 2016 42 views

Opportunities to profit from trading as a manager and investor in PAMM accounts are wide open on FIBO accounts. What special benefits are there and how do you register?

Broker FIBO offers the advantage of PAMM accounts to make it easier for traders who want to profit as managers or investors. Professional traders can earn additional income by becoming managers and managing investor funds, while investors can entrust their accounts to experienced traders, so profits can be obtained without having to bother managing the account directly. Fee costs can be set at the beginning of the agreement and will only be given when PAMM generates a profit, so investors do not need to pay any fees when a loss occurs.

Traders do not need to worry about the effectiveness of the PAMM system, because broker FIBO will directly supervise all operations, whether it's deposits, withdrawals, or profit sharing, and ensure timeliness for all transactions.

 

How the FIBO PAMM Account Works

  1. A manager decides to open a PAMM account in USD currency with a capital of 1,200 USD, with offer parameters set at 300/30/10/4 which means:
    • 300 USD Minimum deposit for investors
    • 30% profit sharing for investors representing the manager's commission (fee) for successful trading
    • 10% penalty for withdrawing funds before the end of the investment period
    • 4 week investment period
  2. Because at the beginning the manager was the only participant in the managed account, then the capital and profit sharing in the account is 100% owned by the manager.

  3. An investor contributes 800 USD to the account balance. The total balance is now 2,000 USD, with $1,200 (60%) from the manager, and the remaining portion, namely $800 (40%) is the investor's share.

  4. The manager generates a profit of 1,000 USD from investor funds. The distribution of this profit is proportional as follows:
    • Manager Profit: 1,000 x 0.6 = 600 USD
    • Investor Profit: 1,000 x 0.4 = 400 USD



    In addition, based on the previous offer, 30% will be the manager's fee. Investor profit will be divided into two parts, namely, 280 USD and 120 USD as the manager's fee.

  5. If a loss occurs, the loss will be divided by 36% for the investor and 64% for the manager. For example, the account balance at that time was 3,000 USD and then experienced a loss of 500 USD. The investor will be burdened with a loss of USD 180. While the manager will get a loss of USD 320.


  6. These rules will continue to adjust to changes in the balance level of the PAMM account.

 

Advantages of the FIBO PAMM Account for Managers

  • A platform to channel trading experience and knowledge as a way to earn extra income.
  • There is no maximum limit to the number of investors.
  • Can determine the minimum investor deposit amount and investment period themselves.
  • An easy-to-manage and highly customizable PAMM account system for managers.

Benefits of the FIBO PAMM Account for Investors

  • Opportunity to earn trading profits without having to spend time managing the account yourself.
  • Manager fees are only charged when trading results are profitable.
  • Selection of the best managers arranged in a special monitoring system from FIBO.
  • Investor fund protection.

More than just the general advantages of PAMM, the broker FIBO service can provide direct supervision of the entire transaction process between investors and managers. Performance for each PAMM Manager can be seen in the PAMM rating section, so investors can see rankings and performance of each manager before determining where funds should be invested.

To be able to register in the FIBO PAMM system, you need to register a trading account first. After that, complete the verification to open PAMM access in your Client Cabinet.

Back to Article List

Article Fibo

view all