Attention: Today i got the following mail from my broker, who tells me, that all pamm accounts will be canceled and cleared to the end of this month! It seems there is no chance to overtake this into another account, so this account will be gone in a couple of days... Sorry for that!



Here is the mail:

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Dear, Wolfgang !
We hereby inform you about the company's plans to terminate PAMM account services. The reason for this decision was the development and launch of the social copy trading platform SocialTrading, which is more forward-looking, intuitive and user-friendly.

Social Trading includes an improved PAMM accounts system and a social component, which makes the service more transparent and promising both for traders and investors.

IMPORTANT:
Registration of new accounts in the LiteForex PAMM service will be terminated starting September 20, 2016. On September 30, 2016 the work of PAMM system will be terminated entirely, replenishment of accounts of PAMM system will be unavailable, automatic rollover and settlements between investors and traders will take place. Later the accounts will be deleted, the funds will be available for withdrawal or internal transfer to SocialTrading system accounts at any convenient time. Please take notice of this information when making trading decisions.
The company invites all managers and investors to test the Sicial Trading system, which includes the following benefits in addition to most characteristics of the PAMM system:

Flexibility and accuracy of the system: You can copy trades of the provider and trade on the same account, close the copied trades yourself or rely on the provider. The system's integrity is guaranteed by the distribution of profits at Rollover taking into account the result of only the copied trades. If you trade yourself your profit is not subject to commission.

Transparency of the system: You choose the providers from the multifunction ranking which only includes accounts with open trading history.

ECN accounts: SocialTrading platform works on the basis of professional ECN technology providing deep liquidity, transaction processing speed and reliability, no conflict of interest, improved quotation accuracy, absence of restrictions on the duration of transactions and strategies, absence of Stop & Limit levels, etc.

Community of traders from all over the world: SocialTrading is a full-scale social network for all users of the copy trading system. Would you like to ask a trader a question, ask for advice or just chat? All this can be done in one place! Moreover, you always know your provider's face. When choosing a provider to copy transactions, besides the monitoring data, you will be able to take it to the personal level: ask them any questions you might have, or view their news feed.

Please contact us if you have any questions. You can reach us round the clock via LiveChat or by mail .