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Thread: Client Money Security

  1. #1
    Senior Member
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    Client Money Security

    Hello all forumer , Iam totally newbie In PAMM technology, I want to ask a simple stupid question
    When we join A PAMM trader our money will be traded by This PAMM trader.. CAN this PAMM trader Widrawn our money and Run away?

  2. #2

    Re: Client Money Security

    Investors' money is managed by a forex broker. It means, your trader canít take your money and run away, because your broker locks your investment on their safe deposit. Traders just know, that your money is the number of their trading account. So every profit they made, you will receive according to the agreement.

    The best thing of PAMM accounts is that, your money is impossible to steal by anyone.
    Shoot for the moon. Even if you miss, you'll land among the stars.

  3. #3
    Senior Member
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    Re: Client Money Security

    All the Funds that we use in the PAMM system are secured by the Broker with whom you are dealing in. This actually hepls those traders who do not have any of the idea or the knowledge about the PAMM system of trading. :good3:

  4. #4
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    Re: Client Money Security

    @hokki888 - When we invest in PAMM accounts we do not invest or give our money to a particular trader but we invest our money with the broker and he is responsible for our money and not a trader who trades with it on the behalf of the broker so while investing in PAMM accounts we need to make sure that the broker is reputed.

  5. #5
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    Re: Client Money Security

    Normally, the money invested in pamm accounts is secured because the manager can not withdraw more than his own investments. But the problem of security comes when an investor gets too risky

  6. #6
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    Re: Client Money Security

    Yes the funds are securely held but then the main thing is of the possible draw-downs and the facts that we will not have any control over how much loss can be made instead of the profits. :|

  7. #7
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    Re: Client Money Security

    @Nsa thats really bad my friend, cause if we get floating minus and we believe that PAMM trader are open wrong position we can not do anything except looking our margin are decrease..Thats why some trader are prefer to chose forex copy than PAMM trader.

  8. #8
    Senior Member
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    Re: Client Money Security

    @ donies, The decision to choose the PAMM manager is solely yours and this is based on the past performance. If you have the trust in them then you will know that if their is any draw downs , it will be not a regular and the Manager will be able to recover them easily. :good3:

  9. #9
    Senior Member kalex76's Avatar
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    Re: Client Money Security

    yes,if the investment capital turns to loss ..there is nothing to do much there but yes in the profit zone ..your money can't be withdrawn ,its secure . :good3:

  10. #10
    Senior Member
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    633

    Re: Client Money Security

    PAMM program is have high security my friend, if you use a profitable forex broker as your PAMM broker. Because who make widrawn and make policy about PAMM are by thats broker so if you invest a lot of money better to use PAMM in a regulated institution.

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