PAMM trading

sourcecodefx

Active Trader
May 15, 2013
72
0
27
Shanghai
www.myfxbook.com
and this, again by definition, means that you cannot take your money every time you wish - but rather than you have to wait certain time - even on small accounts see this doesn't make sense to me and this is the reason why I do not like this service and use the alternative of zulutrade. At the end of the day, it is what are you trading preferences and how fast you want your money withdraw-ed.
The funds in PAMM account are in your name at the broker. You are the proprietor of this account and the only one who can make deposits to or withdrawals from this account.
 

humon5896

Confirmed ZuluTrade Representative
Jun 14, 2013
82
0
17
well, my point was that there is a time limit to actually withdraw your money, that you cannot touch the level of your account for at least 6m. Not to whom manages the account. imo, man, better get yourself a zulutrade account - i dont see you much trading.
 

sourcecodefx

Active Trader
May 15, 2013
72
0
27
Shanghai
www.myfxbook.com
well, my point was that there is a time limit to actually withdraw your money, that you cannot touch the level of your account for at least 6m. Not to whom manages the account. imo, man, better get yourself a zulutrade account - i dont see you much trading.

I don't think it would cost 6m. You can ask PAMM manager to stop at any time and withdraw your money.
I don't think zulutrade account is a good choice. They just pay attention to your commission fees. Besides you can not choose your broker and the spread is large.

Thank you for sharing.
If I can help you, please feel free to ask anything.
:)
 
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humon5896

Confirmed ZuluTrade Representative
Jun 14, 2013
82
0
17
No they don't.....I have a followers account there for the past 2 years.....things are pretty much pipping lovely.

There are 50+ brokers you can choose from both - all with different spreads, commissions or not, and overall trading conditions. So, things are pretty much ok!