WSX PAMM Accounts - General Queries
Useful Information: PAMM stands for Percentage Allocation Management Module. PAMM accounts are used as a type of money pooling system that can be used...
Tue, 16 Nov, 2021 at 11:18 AM
To further explain how a PAMM Account works, we are going to create an example. Andre and Lonnie would both like to start trading and making a profit fr...
Tue, 16 Nov, 2021 at 11:17 AM
PAMM Investors can be classified as people who are not interested in carrying out their own trades and would rather invest their funds with a Money Manager ...
Tue, 16 Nov, 2021 at 11:20 AM
PAMM Money Managers can be classified as a trader who has extensive knowledge and understanding regarding trading. Money Managers carry out trades for Inves...
Tue, 16 Nov, 2021 at 11:21 AM
A Pool of Funds is a term referring to the number of funds deposited by each Investor accordingly in a PAMM Account. A pool is always funded by Investor...
Tue, 16 Nov, 2021 at 11:21 AM
For Money Managers: The currency of a Money Manager's PAMM Account is dependant on the main currency that they have selected when creating a WSX accou...
Tue, 16 Nov, 2021 at 11:22 AM
A PAMM Account's Margin Call and Stop Out Levels are equal to those of regular ECN trading accounts. - Margin Call: 100% - Stop Out level: 70% ...
Tue, 16 Nov, 2021 at 11:22 AM
The Money Manager is in charge of carrying out the trades and so the leverage choice is to be made from their side. Once a PAMM Money Manager account an...
Tue, 16 Nov, 2021 at 11:23 AM
PAMM Funds that are invested in, are not a profit guarantee and it should be noted that trading has both positive and negative aspects to it. The Invest...
Tue, 16 Nov, 2021 at 11:23 AM
PAMM Accounts with WSX are meant to make the process of this business relationship between these two parties easier. However, WSX is not responsible for any...
Tue, 16 Nov, 2021 at 11:24 AM