How to find U.S. PAMM managers ?

Apr 25, 2016 at 06:27
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7 Replies
Medlem sedan Feb 06, 2016   2 inlägg
Apr 25, 2016 at 06:27
I have traded on my own a couple of times with fair results. I truly do not have the nerves of steal needed for trading. Currently I have accounts setup at both Tallinex and MyFxChoice since I am a U.S. resident. I have been searching the net for some time now and just can't seem to find options for someone to manage(PAMM) an account with either of these brokers.

Can anyone point me in the right direction/resource for researching U.S. PAMM managers ?

It would be greatly appreciated.

Thanks so much,
Ed
Medlem sedan Apr 25, 2012   285 inlägg
Apr 25, 2016 at 06:50
Never heard of such a thing as US PAMM manager. US has bizarre rules of fifo leverage and hedging forx traders usually avoid doing any thing under US rules.
Medlem sedan Apr 25, 2012   285 inlägg
Apr 25, 2016 at 06:55
https://www.oanda.com/resources/news/pr/multi_client_forex_trading

This thing might work under USA territory you need to research it.
Medlem sedan Feb 06, 2016   2 inlägg
Apr 25, 2016 at 14:54
Thanks XharpScalper,

That does appear to be the same as a PAMM management system.(see below)

As I mentioned I simply do not believe I have the discipline to trade on my own. It would be worth it to me to pay a money manager/PAMM manager to trade for a performance fee. I say PAMM because this system allows a money manager to trade on multiple accounts at one time thus reducing the amount of funds for anyone client's initial deposit. Still yet allows the PAMM manager to trade with a large sum of combined money.

SharpScalper, Is this something that you currently offer ?

TIA, Ed

From their site:

'OANDA Introduces Multi-Client Forex Trading Interface | OANDA

FXManager is a full Percentage Allocation Money Manager (PAMM) solution: the investment manager trades on FXTrade using one aggregate account, with each order automatically split across multiple client accounts based on the investment managerb's pre-defined allocation instructions. Fee calculations are applied automatically according to fee schedules, also predefined by the investment manager. The investment manager controls the behavior of FXManager through simple, spreadsheet-like tables. Numerous manager reports are updated automatically in real time. Clients have their own logins and can access the latest account information at any time. Other custodial features, such as client onboarding and client fund allocation, require minimal manager involvement.'

Further:
'What is fxTrade Client Manager?

fxTrade Client Manager is a platform that enables investment managers to trade their clients' funds on the foreign exchange market. As a client, you can use your fxTrade Client Manager login to allocate funds to your manager-directed account and review the real-time activity and performance of this portfolio.
The key benefits of the fxTrade Client Manager platform are:

    It can be run on any popular Web browser.

    Account level information such as Balance, Net Asset Value (NAV), Fees Paid, and Profit and Loss (P/L) are continuously updated and displayed in real time.

    All pertinent information appears in one window.

    All interaction with the server occurs over fully encrypted Internet connections.

    It is integrated with fxTrade for easy fund transfer and investment manager trading.

    It provides fee scheduling and a PAMM (Percent Allocation Money Manager) reproportioning solution.'



Medlem sedan Apr 25, 2012   285 inlägg
Apr 25, 2016 at 15:03
mcptrman posted:
Thanks XharpScalper,

SharpScalper, Is this something that you currently offer ?


I do not sell any thing i just trade my own money , its also available in form of copy or signal how ever i do like to use more leverage.
My leverage settings are 500 400 i don't use very highlots or leverage but it helps keeping my margins safe.

eg 0.01 lot take margin of 25$ on 1:50 leverage
0.01 lot take margin of 2.5$ on 1:500 leverage

So i have 25$ more before i stop-out. That's why i prefer high leverage settings.

Further more i also hedge my trades so i think its not possible for me to work under fifo leverage and hedge restrictions.

Medlem sedan Dec 19, 2015   19 inlägg
Apr 26, 2016 at 06:30
mcptrman posted:
I have traded on my own a couple of times with fair results. I truly do not have the nerves of steal needed for trading. Currently I have accounts setup at both Tallinex and MyFxChoice since I am a U.S. resident. I have been searching the net for some time now and just can't seem to find options for someone to manage(PAMM) an account with either of these brokers.

Can anyone point me in the right direction/resource for researching U.S. PAMM managers ?

It would be greatly appreciated.

Thanks so much,
Ed

Hello we can trade for you. Inbox me for details..
We provide managed accounts
garjus
forex_trader_275935
Medlem sedan Sep 21, 2015   32 inlägg
May 05, 2016 at 22:24
Try ATC Brokers. They are a FXCM IB located in California, and NFA regulated.
Medlem sedan Mar 30, 2016   32 inlägg
May 11, 2016 at 06:40
Hello. Of course I am not a USA resident, but I think I could successfully trade with US broker. You can check my results here

https://www.myfxbook.com/members/FXFatProfit/fenixfx/1571712
https://www.myfxbook.com/members/FXFatProfit/pamm-signalsmql5-fenixfx/1591028


Best regards,
Oleg
If you haven't lost, then you have already won
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