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Alpari Beefs Up PAMM Account Service

Alpari Limited, the Russia-based subsidiary of the global group of Forex brokers Alpari, today announced that it had updated its PAMM service to version 6.0.  
 
As you perhaps know, the percentage allocation management module (PAMM) is a way of profiting from the Forex market through investing into bunched accounts – a number of investors put money into an account run by a money manager. The money manager is also an investor which means that he/she is risking his/her money too. The profits are allocated according to the size of the investment. You see what's the biggest perk about this type of trading: you just need to put faith in the right money manager and then you're good to go, even if you don't have substantial knowledge of the Forex market. 
 
The newest version of Alpari's PAMM service takes care in the first place of making the choice of the right money manager easier. This is achieved through a careful selection of the performance metrics which anyone can see along with a given PAMM account. You just click on any public PAMM account – the rating is available on the front page of Alpari's website. Then you'll see detailed statistics on return, manager's capital, leverage and equity. You can also see the Proposal by the manager, which stipulates the minimum investment size and the size of the compensation for the manager. 
 
By the way, thanks to the new version managers are able to export (to make public) their portfolios which will allow them to attract more investors. The updated service also improves order management: one can partially close orders and close locked orders.
 
Users of the PAMM 5.0 have already been transferred to the PAMM 6.0, while the change for users of PAMM 4.0 will happen on December 11, 2013. 
 
The upgrade comes after Alpari boasted an increase in numbers of PAMM accounts and turnover from them. The broker publishes stats on the fortunes of its PAMM service on the website and updates them regularly. Here are the data until December 1, 2013. 
 
Click on photo to enlarge
 

About Alpari

 
Founded in 1998, the international Alpari brand is one of the leading names in online Forex trading and was recently listed as the world's third largest broker in a 2012 report from online financial portal Forex Magnates, with an average monthly trading volume of more than 200 billion US dollars. Alpari has earned the trust of hundreds of thousands of clients in more than 150 countries across the world, thanks in large part to its reputation for delivering high-quality products and top-notch customer support. The Alpari brand is represented in many of the world's leading centers of commerce, with offices in New York, London, Tokyo, Dubai, Frankfurt and Moscow. 
TAGS: alpari  alpari russia  alpari forex broker  alpari forex  alpari service  pamm  pamm accounts  forex investment  forex trading  forex accounts  money manager  investor 

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