The best broker for a PAMM account | Pamm blog archive

Migration note: This historical article was translated from the previous blog. Claims about returns, risk, security, fees and referrals have not been verified as current. It is not financial advice or a deposit instruction. Review the recorded issues before publication.

The best broker for a PAMM account

Choosing a broker is important because it hosts your assets.

Unfortunately, most brokers, working with futures providers or futures liquidity pools, seek to take your assets through indirect methods in addition to sanctions-related issues. These include unusually wide spreads or deliberate spread widening during news events and forex market openings, non-loss-bearing bonuses, high swap charges, high commissions and other methods.

Be precise and thorough when selecting a broker, and consider the following.

• The broker’s regulatory licences from international authorities.
• Its operating history.
• Its user community.
• Its reputation among that community.
• The variety of tradable indices it offers.
• Its range of trading accounts.
• The quality of its technical infrastructure, such as servers.
• Fast and responsive support.
• Asset deposit and withdrawal rules.
• Asset deposit and withdrawal methods.
• Appropriate trading spreads.
• Trading commission rates.
• Overnight swap charges; Islamic trading accounts can provide a way to remove swap charges.

In addition, not every broker offers PAMM accounts. For convenience, registration links for several reputable brokers that offer PAMM accounts to their users are provided below.

• STB Privider
• XChief
• CapitalXtend