Verification of a PAMM manager, how to pass it, and in what cases it is necessary

PAMM accounts have long been one of the investment options, and they can rightfully be called the most profitable investment options today.

But if most people consider a PAMM account as an option for investing money, there are also those who want to become managers themselves and attract additional capital for stock trading.

In order to become a manager you need to go through several stages. First, open an account with a PAMM broker , since not all brokerage companies have PAMM account ratings.

And after opening an account, you need to go through verification, and the verification of the manager is slightly different from the usual one that traders go through in any case.

 What do you need to pass verification and become a manager on a PAMM account?

Let's look at the process using the example of the most popular PAMM broker Alpari , since it is in this company that investors most often invest money in PAMM accounts.

To start verifying a manager with this broker, you need to go to the “Additional Services” menu section and select “PAMM Manager Verification”:

Afterwards you will be taken to the page for downloading the necessary documents, where you will need to upload a copy of your identity document and a selfie with this document:

In addition, you must confirm that you do not have other personal accounts with the Alpari broker that prohibit accepting money for management.

Well, at the end, click the “Submit Application” button, after which all you have to do is wait for the company manager to review and approve your application. This usually happens within one day.

It should be noted that verification of a PAMM manager is required only if you have opened a public PAMM account, which will be visible in the rating and a thread is created for it on the company forum.

When opening a non-public account, you do not need to additionally confirm your identity, but only those people to whom you send a link to the account will be able to make investments.

Opening a PAMM account as a manager is an excellent opportunity to increase the volume of your transactions, and with them, profits, without increasing risk by increasing leverage.

Become a PAMM manager - www.alpari.com