PAMM in the UK

Jul 14, 2014 at 15:03
624 Views
14 Replies
Member Since Sep 20, 2013   4 posts
Jul 14, 2014 at 15:03
Hi,

Does anyone know who offers a PAMM in the UK?
I tried HotForex and they don't open PAMM accounts for UK individuals or businesses.

Thanks
Member Since Jun 13, 2014   101 posts
Jul 15, 2014 at 06:17
I think you can't have PAMM in the uk. In the UK you need license to trade other's money. So it is illegal in the UK. Trade elsewhere my friend :)
Never Give Up!
Member Since Jun 09, 2014   138 posts
Jul 16, 2014 at 12:29
And if it is a UK citizen outside of the UK?
Member Since Jun 13, 2014   101 posts
Jul 16, 2014 at 14:54
No broker in the uk offer pamm. If you are a uk citizen living in uk or uk citizen outside of uk you must brokers outside of uk for pamm.
Never Give Up!
Member Since Sep 20, 2013   4 posts
Jul 18, 2014 at 15:32
@savantfx are you saying Uk citizens/residents can open PAMM in other countries? Europe or Non-Europe?
Member Since Jun 13, 2014   101 posts
Jul 18, 2014 at 15:37
ShivaInSnow posted:
@savantfx are you saying Uk citizens/residents can open PAMM in other countries? Europe or Non-Europe?

As far as i am concern. Yes.
Never Give Up!
Member Since Jun 13, 2014   101 posts
Jul 18, 2014 at 15:37
*as far as i know
Never Give Up!
Member Since Sep 20, 2013   4 posts
Jul 19, 2014 at 11:15
ok. Thanks for your input.
Member Since Jun 09, 2014   138 posts
Jul 19, 2014 at 11:47
You should be able to, but you may have to spoof your IP. Check Unotelly.com for that.
Member Since Jun 09, 2014   138 posts
Jul 19, 2014 at 12:20
Update; Unotelly is 4usd a month, but it allows you to look like you are from anywhere in the world. I use it to watch U.S. and U.K. Netflix from wherever I am at.
Member Since Mar 25, 2014   21 posts
Jul 28, 2014 at 19:34
I guess that IronFX offers.

Check it out.
Member Since Jun 13, 2014   101 posts
Jul 29, 2014 at 06:27
You don't have to spoof your ip and no you should not use ironfx. Ironfx trading costs are crazy expensive.
Never Give Up!
Member Since Mar 25, 2014   21 posts
Jul 29, 2014 at 19:55
savantfx posted:
You don't have to spoof your ip and no you should not use ironfx. Ironfx trading costs are crazy expensive.

I think they are standart however if your PMAM is larger than 100k (you can still try to negotiate, the did it for less before) and the users are registered under your IB, you can ask to receive 3x commissions from open trades.

So I guess one thing balances the other.
Member Since Sep 20, 2013   4 posts
Jul 30, 2014 at 19:51
How come no one else is allowed by Iron Fx to do a PAMM for UK residents? Any ideas?
Member Since Jun 09, 2014   138 posts
Jul 31, 2014 at 06:31
just a question, why wouldn't you want to spoof?
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