Orbex Offers Investors & Managers Improved PAMM Service

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On Thursday, Orbex, a forex and contracts for differences (CFDs) broker, announced the launch of its new Percentage Allocation Management Module (PAMM) service for retail traders and fund managers.

According to the press release, the improved module will allow fund managers to use multiple strategies and investors to invest in multiple managers. The tool includes automatic profit allocation, sorting tool performance evaluations, and an end-user-friendly interface.

“For Investors, our new PAMM service allows Orbex clients to outsource their trading to one or more professional traders i.e., PAMM Managers with proven past performance, in order to benefit passively from a percentage of their returns,” Orbex commented in the statement.

PAMM is a popular service among brokers allowing traders to allocate their funds into the portfolios of other investors, earning a percentage of the profits they realize. With the PAMM model, traders can become fund managers and share their trading system with others.

For experienced investors who want to share their strategies through the Orbex platform, the renewed PAMM service offers the opportunity to charge up to 50% performance fees on realized profits. Orbex provides the automatic distribution of gains or losses to investor pools and the automatic allocation of commissions.

New CMO and Crypto Offering

The addition of the new PAMM service is another step in updating the CFD broker’s offering, which added 11 popular cryptocurrency pairs to its list of offered instruments last June.

The coins are Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Cardano, Dogecoin, Polkadot, EOS, Chainlink and Stellar.

“At Orbex, we remain committed to keeping pace with market trends and gauging investor demand in order to continue to innovate with new assets, tools and services for our clients,” Abdullah Abbas, Orbex’s Chairman, commented on the move.

In October, Orbex hired Drosoul Hadjisavv, the former top Marketing Executive at BDSwiss, as the new Chief Marketing Officer (CMO). In the CMO position, Hadjisavva offers more than ten years of experience in the financial industry and working with other popular brokers. In addition to BDSwiss, she was affiliated with IronFX for over six years.

On Thursday, Orbex, a forex and contracts for differences (CFDs) broker, announced the launch of its new Percentage Allocation Management Module (PAMM) service for retail traders and fund managers.

According to the press release, the improved module will allow fund managers to use multiple strategies and investors to invest in multiple managers. The tool includes automatic profit allocation, sorting tool performance evaluations, and an end-user-friendly interface.

“For Investors, our new PAMM service allows Orbex clients to outsource their trading to one or more professional traders i.e., PAMM Managers with proven past performance, in order to benefit passively from a percentage of their returns,” Orbex commented in the statement.

PAMM is a popular service among brokers allowing traders to allocate their funds into the portfolios of other investors, earning a percentage of the profits they realize. With the PAMM model, traders can become fund managers and share their trading system with others.

For experienced investors who want to share their strategies through the Orbex platform, the renewed PAMM service offers the opportunity to charge up to 50% performance fees on realized profits. Orbex provides the automatic distribution of gains or losses to investor pools and the automatic allocation of commissions.

New CMO and Crypto Offering

The addition of the new PAMM service is another step in updating the CFD broker’s offering, which added 11 popular cryptocurrency pairs to its list of offered instruments last June.

The coins are Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Cardano, Dogecoin, Polkadot, EOS, Chainlink and Stellar.

“At Orbex, we remain committed to keeping pace with market trends and gauging investor demand in order to continue to innovate with new assets, tools and services for our clients,” Abdullah Abbas, Orbex’s Chairman, commented on the move.

In October, Orbex hired Drosoul Hadjisavv, the former top Marketing Executive at BDSwiss, as the new Chief Marketing Officer (CMO). In the CMO position, Hadjisavva offers more than ten years of experience in the financial industry and working with other popular brokers. In addition to BDSwiss, she was affiliated with IronFX for over six years.

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