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Thread: FXOpen to Introduce Changes to PAMM Service

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    Moderator Shyrayeva's Avatar
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    Default FXOpen to Introduce Changes to PAMM Service

    We would like to inform our clients about the upcoming changes to the company’s PAMM service.

    The company will launch the new Percentage Allocation Master Module (PAMM) technology on April 1st, 2014, and it will fully supersede the current service, Percentage Allocation Management Module. FXOpen’s new PAMM is a technical opportunity for an FXOpen client (“Slave”) to follow trading strategies of another FXOpen client (“Master”). The Master’s strategy will be replicated on the Slave’s Account by means of our PAMM technology.

    FXOpen PAMM technology involves virtual merging of Master’s and Slave’s funds. The funds, dedicated to PAMM by both Master and Slave, become “invisible” in their Customer Accounts. It means that even though the funds are fiscally segregated, they still remain on the same accounts.

    For more information please refer to the “Percentage Allocation Master Module” Regulations.

    We kindly ask all current PAMM participants to read the new Regulations carefully in order to make an independent judgment as to whether this service is appropriate for them in light of their financial situation, investment experience, risk tolerance and other factors. If not, please inform FXOpen as soon as possible, otherwise FXOpen will consider that you have accepted the new Regulations, which will come into effect starting from April 1st, 2014.


    Best regards,
    FXOpen NZ Limited
    Customer Service
    E-mail: [email protected]
    FXOpen Live Chat (24/5)

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    hesham1046 (03-14-2014), imbest (03-14-2014), ngepet dolar euro (03-15-2014), Resolve (03-14-2014)

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    Default

    Is this type copying trades? If balance will be invisible so how manager will get percentage?

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    The only thing standing between you and your goal is the BS story you keep telling yourself as to why you can’t achieve it .

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    Default

    Quote Originally Posted by Forexreborn View Post
    Is this type copying trades? If balance will be invisible so how manager will get percentage?
    Dear Forexreborn,

    This is a new PAMM Technology in which the customer will be able to select the Master account.

    Master operates his personal funds through the PAMM, and by the mean of PAMM technology Master’s trading strategy is replicated on the Slave’s Account.

    This technology involves virtual merging of Master’s and Slave’s funds.

    Manager will get percentage based on his offers.

    Thanks

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    Forexreborn (03-19-2014)

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    Default

    Quote Originally Posted by Forexreborn View Post
    Is this type copying trades? If balance will be invisible so how manager will get percentage?
    Hello, master can see pamm account balance in metatrader, he also can see all his slaves (and their balances) in cabinet.
    FXOpen
    PAMM

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    Forexreborn (03-19-2014), Resolve (03-19-2014)

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    Default

    Quote Originally Posted by Resolve View Post
    Dear Forexreborn,

    This is a new PAMM Technology in which the customer will be able to select the Master account.

    Master operates his personal funds through the PAMM, and by the mean of PAMM technology Master’s trading strategy is replicated on the Slave’s Account.

    This technology involves virtual merging of Master’s and Slave’s funds.

    Manager will get percentage based on his offers.

    Thanks
    Thanks for clarify.

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