Topic: Trading with cryptocurrency assets in TenkoFX (Read 130 times)
I think it's great. You can monitor the state of your investments. It's a bit frightening to give money and remain unaware of its fate.
I'd like to add that the broker has organized the information on trading on pamm accounts very well. You can watch everything in real time on the trading charts. Everything is visible and open.
TenkoFX has two types of pamm accounts: smart and ecn. They differ in the minimum deposit and assets to trade with. It's $100 on a smart account and there are 50 currency pairs, gold and silver. The minimum deposit is $200 on an ecn account, and raw materials, shares and cryptocurrencies are added to those assets. Everyone decides for themselves where it's better to invest. There's detailed information on these accounts and examples of calculations with managers on TenkoFX's website. The reward percentage is discussed separately in each case. There are no limits on the part of the broker.
You'll be able to figure it out in detail when you conclude an offer (if you will, of course). In general it looks like this: you conclude a contract with the manager, where you specify the term of investment, the percentage of guaranteed profit and the reward for the profit in excess of the guaranteed interest.
I have only a general idea about pamm accounts. I always thought that it's for lazy people. But it may be worth taking a closer look at it, somehow it suddenly became interesting.
I'd like to share my successful story of investing in pamm account on TenkoFX. My managing trader does not let me down. I have a regular 15-20% profit. This is after paying the reward to the manager. I don't withdraw profit, but increase the investment now. If it continues to be this way, then it's a very good prospect.
I’ve read some reviews about this broker and opened a small deposit. The conditions are standard, though I haven’t quite understood about the spread. There’s no spread for cryptoassets as I got it, but there is a commission at a rate of 1% of the volume of the order. This commission is taken for closing the opened order. Well I still need to figure a lot of things out, but in general it’s fine.
I have first-hand knowledge of this broker because I’ve been trading with it almost for half a year. I can’t say anything bad about the company, the execution is excellent, and the money is credited fairly. I don’t often trade with cryptoassets, but it's great that the broker provides this opportunity in any case.
I've noticed this broker has cryptocurrency assets like btcusd and now I'm seriously considering to open a real account and try trading these assets. Does anyone have experience with this broker?
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