Minimum Balance for PAMM accounts?

[ceestech]

yes from what am learning those fees are on the harsh side to me. they should be looked at.

[janknoah]

Both the start up capital, to the ratio for profit sharing and also capital for investors as designed by most managers are high. I would want a situation where investors capital show be as low as $1 in the portfolio of any manager and 10% for commissions

[ceestech]

that would mean that anybody can invest both the manager would not be making much profits with that structure.

[janknoah]

Yes, because it should not be made for some special set of traders. It should be for all sets of traders in forex

[kalex76]

Here me having a question - as the initial investment of PAMM account is 1000USD - its for the manager and client together or what?

As i think that the manager decides the clients starting investment amount - may be i am wrong .

[janknoah]

No, it is for the managers. The investors minimum capital is dependent on the terms and conditions the manager sets

[nahiyar]

Here me having a question - as the initial investment of PAMM account is 1000USD - its for the manager and client together or what?

As i think that the manager decides the clients starting investment amount - may be i am wrong .

Yes, you are right.Every Pamm trader has different requirement for investors.Some require a high amount while some keep the amount low.Further moe, it also depends upon the current capital of pamm manager.If he has the capital of more than $10000, so I don't think that he will accept the amount below $500.ANd if a Pamm manager is new, and his own investment is below $1000, so if you inest $100 too, so in my view, he will accept it..

[kalex76]

Yes, you are right.Every Pamm trader has different requirement for investors.Some require a high amount while some keep the amount low.Further moe, it also depends upon the current capital of pamm manager.If he has the capital of more than $10000, so I don't think that he will accept the amount below $500.ANd if a Pamm manager is new, and his own investment is below $1000, so if you inest $100 too, so in my view, he will accept it..

So,there is no need to gather $1000 or $5000 for clients to open standard or ECN PAMM account .Just as clients we have to search for any appropriate PAMM account to suit our investment capital.

[ceestech]

So,there is no need to gather $1000 or $5000 for clients to open standard or ECN PAMM account .Just as clients we have to search for any appropriate PAMM account to suit our investment capital.

most of the requirements that these mangers give because for of their need is usually too much.

[kalex76]

But i think hardly we can get $1 investment option PAMM manager as they also want some profit to earn from the clients money but yes there may be a trial investment pattern so,that clients could check the ability of PAMM managers skill by investing small amount of money.

[janknoah]

I don't think so either. The least we can get would likely be $10, which is not also common

[ceestech]

But i think hardly we can get $1 investment option PAMM manager as they also want some profit to earn from the clients money but yes there may be a trial investment pattern so,that clients could check the ability of PAMM managers skill by investing small amount of money.

even if the trail investment is just for a day it would be nice to give the investor some kind of look into what to expect at the end of the period.

[janknoah]

The best thing is to allow the investment to stay, so the investors interest should be the profits. If I must invest in pamm accounts, I will use compounding, that way the capital grows

[kalex76]

If we,the clients are going for low investment,i think the PAMM manager account should have also less initial amount as if really manager is investing $1000 from their pocket,i don't think they will allow $1 or $10 investment from clients.

[janknoah]

Most managers allow investments from $100 and above, only a few accept below that amount.