Copy Trading and PAMM – Goldstone Securities

New trader? No experience? No problem! Follow one of our most successful and profitable clients.

Goldstone is making the financial market more accessible to almost anyone around the world by offering its clients two of the most frequently chosen paths for investors to follow within the forex industry, these are PAMM (Percentage Allocation Money Management) account and Copy Trading through our copy trading platform.

What is PAMM?

A PAMM account is a type of trading account in which there are typically three parties.

These are:

the investor or also known as “Follower”;
a broker;
a fund manager also known as “Master”

The Goldstone PAMM Service enables copying trades from Master account to one or more Follower accounts and automatizes profit and loss distribution. Master operates a personal capital through a PAMM Account, and his or her trading strategy is replicated on the Followers’ capital. This type of trading ultimately means that the role of the Follower is reduced to just providing the capital for trading on the account. The actual execution of trades is down to the Master who often trades according to their own discretion within a set of broader parameters outlined by the Follower.

When using a PAMM account to trade forex, the knowledge requirement of the Follower is lowered significantly, if not eliminated entirely. This is the case since they are just providing the capital and not actively trading themselves.

Advantages of PAMM Trading

No forex training or knowledge is needed to trade. This can save a lot of time and effort depending upon your objectives and situation.
Opening a PAMM account can be a simple and hassle-free way to engage in forex trading.
You are engaging the skills of an expert trader (Master) who likely has a wealth of experience to back their ability. Hypothetically, this should increase the likelihood of success.

PAMM accounts are often the most time efficient. This is especially true if you are already in a busy position or environment.
When compared with trading for the first time, the potential for capital loss can be reduced. This is particularly true if you do not want or have the time to perform the required study before engaging in trades as a novice.

How to become a Master?

Master – is a client who successfully trades on his or her own account and gives a wide range of interested traders the ability to copy the trading strategy.

1	Open an Account
2	Deposit Funds to your Account in My Goldstone
3	Open a PAMM Account and create an Offer
4	Attract Follower account holders and receive rewards for reproduction of your trading strategy.

How to become a Follower account holder?

Follower account (Follower) – is a client who accepted an offer to reproduce Master’s trading strategy on Follower account.

1	Open an Account
2	Deposit Funds to your Account in My Goldstone
3	Choose a Master in PAMM Account Rating list and subscribe to automatic copying of Master’ strategy
4	Withdraw your gained profit.

What is Copy Trading?

As the name suggests, copy trading in the most literal sense is directly replicating the trades of successful traders in the market.

Copy trading is a popular form of trading, especially with investors who have many other commitments or are still establishing their own foundations within the forex trading market. Copy Trading allows you to copy a trader’s entire strategy or that of a group of traders. By copying another trader, you can easily make money based on their skills. This type of trading is becoming increasingly more popular since it allows new traders to enter the market. Copy Trading is also ideal for people who do not have the time to learn to trade or who don’t feel comfortable trading. The system is designed to manage the financial risks by setting the copy ratio according to your free margin.

Advantages

You will have the ability to follow and implement the trades of expert forex traders who possess a proven track record of success.
With copy trading, the trading platform will automatically implement your choices, therefore, the workload is very light.
No precise market or forex trading knowledge is required since all of the key decisions are operated through the trading platform and replicated from the signal provider.
You will retain ultimate control over your capital investment and can change the parameters at any time.