Forex PAMM Brokers are companies that in addition to traditional trading allow users to invest in other traders and earn passive income. By choosing the right broker, traders can earn stable income, even without trading on their own. That is why it is important to evaluate all factors that could impact investor profit. Traders Union experts complied a rating of the Best PAMM Forex Brokers featuring the most reliable companies with the best conditions.
Key criteria for choosing the best PAMM broker
Traders Union experts analyzed many a number of factors that are important for choosing an ideal broker. Brokerage companies were evaluated on the following main criteria:
- Minimum investment amount;
- Type of the broker’s PAMM system;
- Company’s track record in the Forex market;
- Available deposit/withdrawal options;
- Security of investment;
- Availability of 24h support service.
Also the fees and money withdrawal from a PAMM account were evaluated.
Best PAMM Forex Brokers in 2023
Traders Union compiled a rating of brokers offering the best conditions for PAMM trading. The top ten positions were distributed among the following companies:
- IC Markets
- Pocket Option
- FIBO Group
FxPro holds the leading position in this rating. The broker offers a wide choice of PAMM managers with various levels of profitability and fees. The company has licenses in 4 jurisdictions and also offers good conditions for active trading.
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