Broker for PAMM account.

Many traders, having achieved good trading results, decide to attract outside investment to increase their trading volumes.

This is currently quite easy to do with a PAMM account, but there's a caveat: no matter how profitable your trading, attracting new investors largely depends on the broker you open your account with.

Consider where you'd open a deposit: with an unknown bank offering a few percent higher interest rates or with a large, reliable one offering lower interest rates. The same applies to PAMM brokers.

Investors prefer large companies for the following reasons:

• They're easier to find—they rank high in search engines and advertise extensively, creating an attractive image.

• A wide selection of PAMM managers—it would seem that the more managers there are, the fewer clients you can get for your account, as competition is higher. However, as practice shows, it's precisely this wide selection that attracts a large number of clients to a brokerage company.

Therefore, when choosing a PAMM broker, try to pay attention not only to trading conditions but also to the company's reputation. A list of the current leading companies can be found in the article " Best PAMM Brokers ."