Roboforex PAMM accounts or their worthy alternative

Many investors are interested in whether the RoboForex PAMM company has accounts for investment or for earning money as a manager.

And this is not surprising, because it is best to use such a service from a broker you trust; in addition, RoboForex is a fairly large and well-known company.

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

It should be immediately noted that in RoboForex PAMM accounts are replaced by CopyFX; in principle, this is the same as a PAMM account, only with more interesting settings and slightly different requirements.

Differences between a regular PAMM account and CopyFX in Roboforex

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

If you invest in a PAMM account, then you need to perform the following steps:

• Select a manager from the rating
• Indicate the amount you will invest
• Insure the risk through the size of the maximum allowable drawdown
• Transfer money

While when setting up copying transactions through the CopyFX system, you still need:

• Choose a copy option - proportional taking into account 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.

This is, perhaps, 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 residence address.

Next, in your personal account, we top up your account and proceed directly to selecting the signals that we will copy:

To do this, select from the menu – Investments – Trader rating, after which you will see the rating itself with a list of accounts for investment:

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

Here you can find out a more detailed description of all the parameters and configure the copying option taking into account the size of the deposit and personal preferences.

An interesting point is the fee for using a subscription; unlike PAMM accounts, in Roboforex there are three subscription options - a percentage of the profit, a fixed fee per lot, and even free subscriptions.

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

If the account type in your account does not match the type of the selected trader, simply open another one and transfer money to it via internal transfer.

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