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How do I open an investment account?
We provide Instructions for opening an investor account here . If you have further questions, we can often help with what you need to know, or find out for you from the broker, as well as provide you the names of specific contact people to get the most information quickly.
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What is the minimum amount to open an investment account?
$100 (Recommended $1,000).
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Do I have to use your own broker account in order to participate in the PAMM forex managed account program?
Yes, you have to open a Forex investment account with the broker used by our PAMM managed account program. You open the account in your name.
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Can I choose my own broker and ask the fund manager to use it for managing my account?
You would have to follow the procedure in our investment guide and move funds from your self-traded account into our pamm account.
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If I already have an existing self-trade account and want to invest in the PAMM forex managed account, how do i go about it?
No. Your account must be opened at the same broker as all others which will be under management in our program. The fund manager for the program has access to software that allows trading of these accounts as a group -- but they must all be at the same broker for the fund manager to use this.
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Does a forex managed account ever close to new investors? What if I am in the process of opening my account when that happens?
Yes, sometimes a PAMM forex managed program reaches a limit and must close to new investors. Usually, if you have already submitted your Account Application to the broker, your account will still be permitted to join the forex managed program. To make sure, however, you should always fund your account as soon as possible. Many brokers will allow you to submit funds at the same time as your application on documents approval.
For general inquiries please contact info@trade-assist.com