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Is it legal for U.S. residents to manage PAMM accounts?
Mitglied seit Feb 22, 2015
178 Posts
Jul 05, 2016 at 06:52
Mitglied seit Feb 12, 2016
427 Posts
There are no PAMM accounts available in the U.S. after Dodd Frank. There are only a limited number of brokers offering PAMM services to U.S. residents. However you CAN manage a PAMM account if you are a U.S. citizen. You CAN also invest in PAMM accounts no matter where you are living (including USA)
Accept the loss as experience
Mitglied seit Feb 22, 2015
178 Posts
Mitglied seit Nov 12, 2010
174 Posts
Oct 15, 2016 at 21:08
Mitglied seit Nov 12, 2010
174 Posts
If you decide to manage other people's money it is a lot of responsibility. Make sure if you do plan to do this that you let people know of the risks they are taking if you are taking care of money that isn't yours.
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Mitglied seit Oct 20, 2016
3 Posts
Oct 23, 2016 at 06:52
Mitglied seit Oct 12, 2016
855 Posts
Forexlovers posted:It is difficult to find a broker who accepts US clients as well as who can be trusted.leo23 posted:Cryptocurrency posted:FxChoice
what company offer PAMM accounts for US residents?
And something else? I like FXchoice but want to compare with others.
There can be few more brokers claiming to accept US clients or PAMM accounts, but you have to be very careful whether they are trusted or not.
But FxChoice seems to be reliable from my past experience,but I don't trade with FxChoice anymore because of high spread.
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Mitglied seit Aug 10, 2016
8 Posts
Nov 17, 2016 at 08:24
Mitglied seit Aug 10, 2016
8 Posts
It depends upon broker directly. Of a broker\s policy include providing services to the US citizens, then I guess you can be either investor or PAMM trader. And maybe it makes some difference if you are US citizen or just US resident?
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
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