PAMM Service Update: Risk Limitation
FXOpen broker has implemented a new feature of the PAMM service — PAMM account drawdown limit. This mechanism will allow reducing losses of Subscribers' funds in case of unprofitable trading on a PAMM account.
How does it work?
- The Provider specifies the maximum allowable drawdown of a PAMM account.
- The Company monitors the drawdown 24 hours a day.
- If the PAMM account exceeds the drawdown limit, the Subscribers' funds will be revoked.
This update will help to arrange professional collaboration between the Provider and Subscribers, as well as create more comfortable conditions for PAMM service users.
PAMM technology is a reliable and accurate asset management tool for professional traders and investors. Learn more.
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