Now you can advertise your business on Top Gold Forum.
Search the Community
Showing results for tags 'forex bnous'.
Found 3 results
A Percent allocation management module which is commonly known as PAMM is also referred sometime as Percent Allocation Money Management, Which describes a software application mostly used by the Forex Brokers. Foreign exchange brokers use PAMM account to allow their clients to attach money to a specific trader managing one or more trading accounts appointed on the basis of a limited power of attorney. PAMM solution allows the trader on one trading platform to manage simultaneously unlimited quantity of managed accounts. The ratio in PAMM is determined by the size of the deposit on each managed accounts. Higher the deposit higher will be the proportion. Trades, Profits and losses (results of trader’s) are allocated between managed accounts according to the ratio. The 5Stars Forex PAMM Account is an investment service that gives investors the chance to make money without trading themselves on Forex and allows managers to earn additional income for managing client funds. For More Details: https://www.5starsforex.com/pamm/pamm.php The Basic Idea behind the PAMM Account A manager opens a PAMM Account, allocating a certain amount of his initial investment as the Manager's Capital. He will be unable to withdraw from this amount (an additional incentive for the manager to demonstrate caution in his trading). Next, he designs his Proposal, in which he lists the terms for investors. This includes the percentage of their share of the profit they will pay him in compensation. Investors search through the PAMM Account Ratings to find the account they would like to invest in. The manager begins making trades on the account using both his personal capital and the funds of his investors. Profits and losses on the account are divided among the manager and investors, based on their share in the account. 5Stars Forex PAMM Partnership Program One way a PAMM manager can work on developing his PAMM Account is by bringing in a partner to help out. The partner doesn't trade on Forex and doesn't participate in the PAMM Account management. There are two types of partners a manager can recruit. An Acquisition Partner helps bring in new investors to the account. They are paid a percentage of the manager's compensation for each client they refer. An Auxiliary Partner can help in other facets of the PAMM Account: analysis, marketing and advertising, etc. They are paid a fixed percentage of the manager's total compensation from investors. Any 5Stars client can take part in the PAMM Partnership Programs after signing up in 5Stars Forex. A partner can then get in touch with the manager and agree on the percentage they will be paid. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
If you are interested in forex trading, whether you are beginner or pro you can start your trade with the bonuses brokers provide. Many of the brokers attract the traders by different bonuses like deposit bonus, no deposit bonus, rebate bonus and other variety of bonuses and incentives to induce you to trade with them. Welcome BonusForex Welcome bonus Promotions are offered to new clients of the company. Mainly this bonus promotion is used by the brokers in getting new clients with them. New brokers in the market offers huge amount of welcome bonus to the traders so that client follow with them will be better. Also nowadays other established brokers are also offering welcome bonus. Rescue Withdraw bonusIt is balance bonus which is given to the traders on their deposit. Brokers used to give certain percentage (%) of the deposit as a bonus and the bonus could help trader’s every position. The Bonus will support the Margin and Will Hold the Positions Open till the Stop Out level reach by the total balance The Deposit and The Bonus. The Bonus given can be withdrawn if the client completed the amount of the bonus divided by $10. for example, if a client deposited $1000 and received $500 in bonus, The client will be able to withdraw the $500 in bonus in the top of his profits and deposit as his own money if the client traded 50 standard lot, in other words for every lot the client trade the client able to withdraw the amount of $10 from the bonus with a condition the whole number of lots given to each deposit will be traded. 5stars forex provide such bonus to the traders. Rebate BonusRebate bonus means the cash back bonus i.e. brokers give certain amount after their clients trade each standard “lots” with their own deposited capital. Rate of rebate is different with different brokers in the market. Loyalty BonusSome of the brokers give this Loyalty to the clients to make them more loyal towards them. Making loyal clients helps company to make more clients. Loyal clients often refer other clients to the brokers they are trading on. Making loyal clients cost the brokers much and losing them will double the loss. Pros of Forex bonus: Cons of Forex bonus: Increase your equity so that you will have great control over your account while trading. Can trade with high leverage. Helps to increase your profit. Bonuses like welcome bonus will give you opportunity experience in the real trading world. Deposit bonuses allow traders to trade with the broker’s funds, and also can be used as the margin call. Apart from the margin bonus all other bonuses can’t be used as margins. Once the equity goes below the deposited fund the bonus balance will be removed by the brokers. Bonuses like welcome bonus have high requirements which generally are hard to meet. Sometimes requirement of the bonuses are not made clear and you may lose all the equity on that case. Its important to read all terms and conditions before trading. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
If you choose to take it up, career in Forex exchange market- might well prove to be a rewarding profession for you. There are many peoples who want to play in forex market a little, with their own funds. Becoming a career making forex trader in earnest takes a different sort of talent. Forex trader considers the factors that influence rates of exchange and foreign economics before making his trade, and takes advantages of any miscalculations in the current rates of currencies by purchasing and selling in different markets. Making rapid decision is also necessary, greatest perception and best contacts are in a better position certainly but only that is not enough sometimes. Forex trader is involved in work often riskier and of a greater magnitude than most traders in analogous positions in other markets, forex trader have to manage an account, have to look financial reports, newspaper reports and press releases from different countries in the world. As much as 80% of trader’s working day, he spends time on his phone and computer, building up contacts and exploiting them to make rapid decisions involving significant amount of money. One thing a forex trader needs in abundance is confidence that millions of dollars often depends on the decision made in a second, if you hesitate, might miss chance to take a great profit. Also have to keep in mind that, a hasty decision can also lose you millions of dollars. You can earn unimaginable amounts of money, but you also can lose everything you chanced. Forex trader requires a sharply analytic mind even more than confidence, those split second decisions can only be made on the basis of a lifetime’s training. So degrees in various fields are useful for the forex market, those with training or background in scientific or technical analysis will find they have an edge over those not similarly equipped. An accounting degree is also useful after all; the forex trader has to keep track of profit and losses throughout the day, and must maintain a running tally of what cash he has on hand, and what he has invested. Forex traders often specialize early in their careers, keeping close watch on the economic condition of any one country or related group of countries and following the fate of a single currency. This is perhaps a smart move for a beginner, since keeping track of several currencies, and the fate of the nations using them, can often take too great a toll on even the most efficient forex trader. For nations that are politically unstable, keeping tabs on news of unrest and war is also wise, since a sudden plunge in the price of the currency can result due to these complications. The work of the forex trader is often grueling, and can take a large portion of the day. Managers in office often keep their trading centers open throughout the day, since the trading markets in various countries open and close at different times. While individual traders usually work in shifts, staying in the office inly while the market they are interested is open, a sudden emergency might haul them back into the office long after their shifts are over. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership