Should I choose a trading advisor or invest in a PAMM account?

Today, there are a vast number of options for making money through stock trading.

The most basic, of course, is classic trading on the forex or stock exchange, which requires not only skill but also experience.

Besides independent trading, there are also options such as expert advisors or simply investing in PAMM accounts.

Both options carry equally high risk and often similar returns, making choosing between them a challenging task for a beginner.

To truly make the right choice, you need to weigh the pros and cons, which we'll do, and also assess your level of preparation, which you'll have to do yourself.

Earning money with the help of advisors

Our website offers free downloads of expert advisors , with over 100 different robots to choose from.

There are also other places where you can purchase similar programs for free or for a fee, such as https://www.mql5.com/:

Here, alongside free Expert Advisors, you'll find ones costing up to $30,000 and delivering over 1000% profit per month. At least, that's what the test results indicate.

When purchasing an Expert Advisor, you'll need to not only install it on your computer or virtual server (VPS) , but also test the robot yourself and fine-tune it if any errors are detected.

After all, if you immediately install the purchased program on a real account, there's no guarantee you won't lose your deposit. Furthermore, you'll need to constantly monitor the robot's performance and make adjustments to its algorithm.

Earnings on PAMM accounts

There are currently many PAMM brokers where you can invest in a PAMM account or become a manager yourself.

These companies offer the opportunity to choose from thousands of managers and distribute your funds among several investment accounts ranked by the company:

The most popular PAMM accounts offer returns of over several thousand percent per month. However, investors often receive only half of the profit.

What to choose?

It all depends on how much time you want to spend managing your investments.

If you choose to purchase an advisor, expect to not only invest your time but also learn how to work with a virtual server and configure the advisor itself.

You'll also have to pay for the software if you choose a paid script.

Investing in PAMM accounts is a bit simpler: just choose your preferred account and deposit funds.

True, earnings may be slightly lower than with robots, as most managers use the same advisors in their trading. However, you don't receive the entire profit, only a percentage set by the account owner.

Personally, I would recommend trying both options, starting with free advisors, and if all else fails, then turning to PAMM accounts. The main thing is to take your time and keep in mind that neither option guarantees 100% profit, regardless of the statistics and testing results.

You can find other information about investing in PAMM accounts at the link - http://time-forex.com/pamm