Table of Contents
Introduction
Copy trading and investing in PAMM (Percentage Allocation Management Module) have become popular methods for individuals looking to participate in the forex market without having to trade themselves. EagleAifx.com offers a user-friendly platform that allows investors to copy the trades of experienced traders and take advantage of their expertise.
In this guide, we will walk you through the steps to start copy trading and investing in PAMM with EagleAifx.com.
Step 1: Register an Account
EagleAiFx only work with regulated forex broker. Two brokers that we publish and setup the trading strategy are Vantage Markets and GMI Edge broker.
First , choose the strategy or trading robot that you preferred from the forex performance page.
Next steps to register for an account from the trading strategy review page . Click on the “Join Now” button and fill in the required information. Make sure to choose a strong password and provide accurate personal details. Once you have completed the registration process, you will receive a confirmation email with further instructions.
If you choose the trading strategy on GMI brokers, follow GMI copy trade steps here
If you choose the trading strategy on Vantage Broker for PAMM , follow Vantage Broker PAMM steps here
Step 2: Fund Your Account
After successfully registering, log in to your respective broker account and navigate to the “Deposit” section. Choose your preferred payment method and follow the instructions to fund your account. It is essential to have sufficient funds in your account to start copy trading and investing in PAMM. Follow the steps provide above.
Step 3: Explore PAMM Managers & Copy Trade Strategy
Once your account is funded, it’s time to explore the available PAMM managers on EagleAifx.com. PAMM managers are experienced traders who have a proven track record of successful trades. Evaluate their performance, risk tolerance, and trading strategies before selecting the ones you want to copy. .
After selecting the PAMM managers or copy trade strategy you want to copy, follow the steps provided earlier to hook your account to master account or participate in the PAMM pool.
Here, you can allocate a portion of your funds to each PAMM manager or copy trade account based on your risk preferences. The platform will automatically copy their trades in proportion to the allocated amount. You can also set stop-loss and take-profit levels to manage your risk in copy trade with GMI.
Step 4: Monitor and Adjust
Once you have started copying trades or PAMM , it is important to monitor the performance of your chosen PAMM managers regularly. Each broker provides real-time updates on trades, profits, and losses. If you are not satisfied with the performance of a particular PAMM manager, you can stop copying their trades and allocate your funds to other managers. It is recommended to diversify your portfolio by copying multiple PAMM managers.
Step 5: Withdraw Profits
If your copy trading and investing in PAMM prove to be successful, you can withdraw your profits from the broker any time. Navigate to the “Withdraw” section and follow the instructions to request a withdrawal. The platform offers various withdrawal methods, including bank transfers and online payment systems. It is important to note that withdrawal processing times may vary depending on the chosen method.
Conclusion
Copy trading and investing in PAMM povide an opportunity for individuals to participate in the forex market without having to trade themselves. By following the steps outlined in this guide, you can start copy trading and investing in PAMM with ease.
Remember to conduct thorough research on PAMM managers and regularly monitor their performance to optimize your investment. With EagleAifx.com’s user-friendly solutions, you can take advantage of the expertise of experienced traders and potentially earn profits in the forex market with good forex brokers.
