RoboForex PAMM accounts or their worthy alternative

Many investors are interested in whether RoboForex offers PAMM accounts for investing or for earning money as a manager.

This is not surprising, as it is best to use such a service from a broker you trust. Moreover, RoboForex is a fairly large and well-known company.

This means that the rating will include a large number of accounts and it will be possible to make a good choice.

It's worth noting that RoboForex's PAMM accounts have been replaced by CopyFX, which is essentially the same as a PAMM account, but with more interesting settings and slightly different requirements.

Differences between a regular PAMM account and a CopyFX account at RoboForex

There are several significant differences between investing in standard PAMMs and their CopyFX counterpart:

If you are investing in a PAMM account, you need to do the following:

• Select a manager from the ranking
• Specify the amount you will invest
• Insure against risk through the maximum allowable drawdown amount
• Transfer money

While setting up copying of trades through the CopyFX system still requires:

• Select a copying option: proportional to the size of your deposit, a fixed volume, or using a coefficient.
• It is advisable to have the same account type as the signal provider and similar leverage.

Well, that’s probably all the differences between these two investment options.

How to invest in CopyFX from RoboForex?

Everything is quite simple here. First, register with RoboForex using the link - https://my.roboforex.org/ru/register/  

After passing verification , you will need to upload documents confirming your identity and residential address.

Next, in your personal account, top up your account and proceed directly to selecting the signals you'll copy:

To do this, select Investments - Trader Rating from the menu, after which the rating itself will open with a list of accounts for investment:

It contains several thousand accounts with varying levels of return and risk. Clicking on an account name will open its full description:

Here you can find a more detailed description of all the parameters and customize the copying option based on your deposit size and personal preferences.

An interesting point is the subscription fee. Unlike PAMM accounts, RoboForex offers three subscription options: a percentage of profit, a fixed fee per lot, and even free subscriptions.

The minimum investment amount is usually $100, and the investment period is one week.

If the account type in your account doesn't match the type of trader you've chosen, simply open another one and transfer funds to it via internal transfer.

If you still need a broker with a standard PAMM account, you can find it here - https://time-forex.com/pamm-brokery