Question: Is it safe to use FXTM's PAMM service? Are profits guaranteed?
No, there is no assurance of a portfolio’s positive performance.
As per FXTM’s regulatory requirements, FXTM needs to perform a suitability test for each investor. This test will also help the PMD to determine your investment objectives and risk profile.
When it comes to safety of the program, PAMM Investors are covered by the Investor Compensation Fund (ICF). You can find all the information relating to the relevant compensation in the official website.
The minimum deposit of FXTM’s PAMM service is 100 USD/EUR/GBP. You should not invest more than you can afford to lose.