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Cent PAMM broker?

  • #1
  • First Post: Apr 19, 2015 2:32pm Apr 19, 2015 2:32pm
Are there brokers who offer CENT account PAMM?
F_ck your analysis, I know exactly where the market will go. To the right.
  • #2
  • Apr 19, 2015 6:08pm Apr 19, 2015 6:08pm
Quoting Taxi Driver
Are there brokers who offer CENT account PAMM?
you want to trade with pennies?
  • #3
  • Apr 19, 2015 9:05pm Apr 19, 2015 9:05pm
Quoting PoundTrader
{quote}you want to trade with pennies?
Yes, I have been developing an EA for some years, back and forward tests fine, some of my friends wanna invest on that, but I would prefere to do it on cent account first, for 6 month at least. I'm not ready to be responsible for meaningful amounts of money, specially from friends, I need a buffer period to do so. Demo period over, cent next and we''ll see after that.
F_ck your analysis, I know exactly where the market will go. To the right.
  • #4
  • Apr 20, 2015 12:52am Apr 20, 2015 12:52am
It's like you want to implement a system test on real environment without cost too much. PAMM is really a big system and I've never heard about low-fund PAMM account. If I don't remember wrong, minimum deposit is $500.
  • #5
  • Apr 20, 2015 2:28am Apr 20, 2015 2:28am
Found one, forex4you, but have to dig into details now...Dont know anything ab that broker.

If there is one, there must be some more!
F_ck your analysis, I know exactly where the market will go. To the right.
  • #6
  • Apr 20, 2015 4:56am Apr 20, 2015 4:56am
Quoting Taxi Driver
{quote} Yes, I have been developing an EA for some years, back and forward tests fine, some of my friends wanna invest on that, but I would prefere to do it on cent account first, for 6 month at least. I'm not ready to be responsible for meaningful amounts of money, specially from friends, I need a buffer period to do so. Demo period over, cent next and we''ll see after that.
Do you really believe that your backtest results on cent account will repeat with more substantial capital? I doubt. Cent account is yet another lure for traders, beatiful profit curve there just to urge you to deposit more
  • #7
  • Apr 20, 2015 5:54am Apr 20, 2015 5:54am
Quoting leebsurag
{quote} Do you really believe that your backtest results on cent account will repeat with more substantial capital? I doubt. Cent account is yet another lure for traders, beatiful profit curve there just to urge you to deposit more
Thank you for your concern, but I have been also running forward demo tests for month during a development, itīs part of the game.
I have also used live micro accounts but they make me too nervous. I have never liked or trusted or baught or traded any robot and even my own "child" keeps me too tense - itīs like having a huge snake as a pet.
So Iīll go with cents at first and continue my work on EA, probably take few more years, but hey! a person must have a hobby!
F_ck your analysis, I know exactly where the market will go. To the right.
  • #8
  • Apr 23, 2015 12:59am Apr 23, 2015 12:59am
Quoting Taxi Driver
{quote} Thank you for your concern, but I have been also running forward demo tests for month during a development, its part of the game. I have also used live micro accounts but they make me too nervous. I have never liked or trusted or baught or traded any robot and even my own "child" keeps me too tense - its like having a huge snake as a pet. So Ill go with cents at first and continue my work on EA, probably take few more years, but hey! a person must have a hobby!
Haha, alright then. Let me know about results, profits with hands down can't be uninteresting for me
  • #9
  • Sep 12, 2016 8:10am Sep 12, 2016 8:10am
Quoting Taxi Driver
Are there brokers who offer CENT account PAMM?
Forex 4 you, they have PAMM cent accounts.

good luck
  • #10
  • Feb 7, 2017 10:27am Feb 7, 2017 10:27am
Hello Guys! Need to refresh thread a bit ...

I need cents account for forex which doesn't have limitations for Lot size most of brokers limitate max 10 or 30 lots.

Do you know some brokers which are regulated and have good cents account?
  • #11
  • Feb 9, 2017 11:07am Feb 9, 2017 11:07am
Quoting Taxi Driver
Are there brokers who offer CENT account PAMM?
Why not to trade those cents yourself and get more about trading rather than watching money going down the drain?
  • #12
  • Feb 10, 2017 9:30am Feb 10, 2017 9:30am
Forex4you can be a excelent option to your request .
Good trades to all of us.
  • #13
  • Edited 9:11am Feb 19, 2017 4:57am | Edited 9:11am
Quoting Taxi Driver
Are there brokers who offer CENT account PAMM?
I know that Forex4you offers CENT account PAMM.The good thing again is that they are regulated by FSC (BVI).
  • #14
  • Aug 6, 2017 11:30am Aug 6, 2017 11:30am
There is another reason. When you have a pamm account, you can have small investors. On a standard pamm account, a small investor can leave the pamm and cause non-proportionate amount of trades to close. I don't know if all pamms work this way but a part of each trade needs to close when he leaves. So with a cent account, this trader could leave and a more precise amount would be closed. With standard lots, you must raise the minimum to avoid this issue.
  • #15
  • Last Post: Aug 18, 2017 5:02am Aug 18, 2017 5:02am
Quoting leebsurag
{quote} Why not to trade those cents yourself and get more about trading rather than watching money going down the drain?
PAMM is for those who have funds but limited knowledge of trading however in this case i guess its pretty good option to trade with those small amounts and either we will learn a lesson or we get success in making good returns on our amounts as well as gaining experience too.
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