Alpari Team of Analysts
Alpari
In the autumn of 2008, Alpari launched a unique investment service - the PAMM Account - which set a new industry standard throughout the world. For the first time, the incredible potential of the Forex market became really available for those who don’t trade professionally. Alpari clients from around the world began to invest funds in the trading of experienced traders and receive profit without having to complete any trades themselves.
The PAMM Account deserved all of the attention it received from company clients and industry experts due to the simple and user-friendly principles of its workings: an experienced trader-manager of a PAMM Account conducts trading operations with their own money and investors may invest funds in the manager’s trades, following which trades are completed using joint capital. The outcome is shared proportionally to the amount of each participant, and the PAMM Account manager receives a set amount of commission up front.
Over the course of eight years, the PAMM Account service has been actively developing and growing ever closer to perfection. Today there are over 500,000 investor accounts, with the service having an annual turnover surpassing $150 billion in 2015. The accounts of the most popular managers accumulate several million dollars. An important step in the service’s development was the creation of PAMM Portfolios which significantly expanded the opportunities available for investors with regards to risk optimisation. PAMM Portfolios group PAMM Accounts together to make a combination with various investment characteristics.
Alpari paid special attention to assessing the quality of managers’ trading strategies. The ratings developed for PAMM Accounts and Portfolios help investors find the optimal point between returns and risk. The calculation method is constantly being perfected. The most important aspect of the rating is currently its assessment of the effectiveness of PAMM Account managers’ work based on continuous monitoring.
Alpari has also paid special attention to the transparency and dependability of the investment services. A compliance check carried out in 2015 and 2016 by leading international audit company Baker Tilly Russaudit affirmed that all of the PAMM Accounts are real, are registered by traders and that the data regarding the existence of accounts, the manager’s capital, investment amount, number of investors, in addition to the calculation method and returns indication, are all a fully accurate reflection of fact.
The international brand Alpari is the owner of the exclusive rights to the trademark “PAMM Account”. Despite this, the company has never objected to its usage by other market participants and today one can see the PAMM Account represented in the product lines of many large brokers throughout the globe. However, Alpari does monitor and is ever-ready to speak out so that the service is not used by dishonest companies which break ethical and legal norms, thereby damaging the reputation of the Forex industry as a whole.
Forecasts which are made in the review constitute the personal view of the author. Commentaries made do not constitute trade recommendations or guidance for working on financial markets. Alpari bears no responsibility whatsoever for any possible losses (or other forms of damage), whether direct or indirect, which may occur in case of using material published in the review
Recommended Content
Editors’ Picks
EUR/USD clings to daily gains above 1.0650
EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
Gold holds steady at around $2,380 following earlier spike
Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.
Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in Premium
Bitcoin price shows no signs of directional bias while it holds above $60,000. The fourth BTC halving is partially priced in, according to Deutsche Bank’s research.
Week ahead – US GDP and BoJ decision on top of next week’s agenda
US GDP, core PCE and PMIs the next tests for the Dollar. Investors await BoJ for guidance about next rate hike. EU and UK PMIs, as well as Australian CPIs also on tap.