“In this dynamic business, we, as a company, understand the vigorous demands of our current and potential clients. Our vision is not limited to simply being a trustful brokerage but extends further to provide a respectable, dynamic, competitive, and vibrant trading environment. Our new PAMM Account system is another instrument in our arsenal to better assist us in achieving this goal with all our clients and partners.”Nikolay Petkov, Head of Dealing/Risk at LegacyFX
October 29th, 2020 – LegacyFX is proud to announce the launch of their PAMM Accounts, which enable greater cooperation between proficient account managers and individual investors by providing a novel tool specifically designed to boost trading experience and performance.
What are PAMM Accounts?
PAMM Accounts are a trading management module overseen by a PAMM Manager and financed by individual investors. They distribute the size and results of trades according to the percentage of an investor’s contribution to the PAMM account. The offering of this service is fueled by LegacyFX’s commitment to delivering the latest features to its clientele and increasing client satisfaction. Registration to LegacyFX’s PAMM Accounts is available by submitting a request to pamm@LegacyFX.com.
By providing PAMM Managers a state-of-the-art platform from which they can control clients’ portfolios, LegacyFX will enable Managers to significantly diversify their followings. This service will be applicable to managers who already have an existing client base and to individuals or Introductory Brokers who wish to build relationships with new clients and potential investors. This will be achieved by LegacyFX’s global presence in the marketplace, along with its marketing capabilities to generate fresh leads.
Individual investors will greatly benefit from LegacyFX’s new offering as it will provide them a hassle-free trading experience. This is accomplished by the fact that investors will rely on experienced traders’ expertise, whose skill sets make garnering profits statistically higher than that of private accounts. Even though such facilities require investors to pay fees, such costs are justifiable considering the services received and their profitable impact. Additionally, PAMM accounts will operate with the highest security and monitoring protocols possible. Accounts of the individual investor and PAMM Manager will be segregated, avoiding any tampering between the accounts, issuing false trades, and forgery of deposits or withdrawals. LegacyFX’s software offers the investor strict and thorough monitoring of the actions taken by the Manager.