Alpari is pleased to announce the launch of a new and useful tool: a rating of successful PAMM account investors. This new product is designed to help you select an investment account geared towards the experience of other investors with a tested and tried track record in generating stellar returns. In other words, the rating allows you to easily pinpoint the PAMM accounts where the most successful investors place their funds. The rating also makes it possible to track the weekly profitability of a PAMM account as well as the volume of funds invested.
Notably, the investor’s position in the rating is determined not only by the rate of return, but also by the indicator of investment diversification. Thus, the larger the number of PAMM accounts in which the investor kept his funds, the lower the total investment risk, and, accordingly, the higher the investment diversification indicator. When calculating the rating, only private equity investments in PAMM accounts are tracked. The rating is updated once a week. You can find out more about the calculation algorithm in the FAQ page on the website.
Oddly enough, another event took place right around the same time when the rating of successful investors was rolled out in July 2020. The volume of investments in one PAMM account (Moriarti) topped $2.8 mn. Indeed, such a result speaks for itself and is the strongest testimonial to the popularity and effectiveness of this tool.
In addition, earlier special distinctive attributes were added to the rating of PAMM accounts – medals, which symbolize the key feature and strong point of a specific account. The medals will help customers navigate the rating and make a more accurate and quick choice given the broad diversity of PAMM accounts. In total, the new classification system has 34 types of medals, while some are assigned to only one PAMM, and others to several at once.
Overall, based on the results of H1 2020, Alpari's PAMM service has more than 3,000 active PAMM accounts and more than 1,000 PAMM portfolios. The number of active customers who signed up for the PAMM service exceeded 18,900. There are currently more than 2,300 PAMM account managers, and over 840 PAMM portfolio managers. The average maximum return on a PAMM account (according to the results of the three most profitable) was 893%, and the average maximum return on a PAMM portfolio (according to the results of the three most profitable) was 99%.