Introduction to 1000pip Climber System
The 1000pip Climber System incorporates an advanced trading algorithm that has been developed by an experienced algorithmic Forex trader. The aim of the system is to make it as easy as possible for the home trader to succeed at Forex trading.
The system itself will continuously analyze the Forex market and search for high probability trading opportunities. When there is a signal, the system can be set to notify you visually, audibly, or by email and MT4 push notifications.
An important aspect of this system is that all trade parameters are provided;
This makes the system very easy to use and it can be followed 100% mechanically – just follow the system and get results. This is one of the simplest ways to trade the FX market that we have seen.
A managed Forex account is a type of account in which a professional money manager trades a client account for a fee. By this way, investors can save precious time, earn stable returns, and reduce their overall portfolio risk.
Investors can choose between various types of managed accounts, but we focus on the PAMM, LAMM, and MAM accounts. The reason is that these three account types offer extended flexibility, low entrance requirements, and anti-fraud protection. PAMM investors are dealing directly with the Forex broker of their choice and money managers have no access to the investor’s capital.
What is Actually a Managed Forex Account?
A managed Forex account is a segregated trading account owned by each investor but managed by a professional money manager. A managed account should offer safety, transparency, flexibility and full control.
General Types of Managed Accounts
There are five general types of managed accounts: individual, pooled, PAMM, LAMM, and MAM.
(a) Individual Accounts
This is a classic account type and refers to an individual account where a professional money manager trades on the behalf of an investor. Usually, there are minimum deposit requirements that exceed $10K. The management fees are customizable, but as in any other managed account type, the fees are based on the performance.
Needs a lot of caution
High deposit requirements
(b) Pooled Accounts
The pooled account type refers to an account type where many investors join their capital in a single fund and share fees, profits, and losses. The main advantage of a pooled account compared to an individual account is the lower deposit requirements. The deposit requirements start as low as $2K. The main disadvantage of a pooled account is the minimum period required before investors can withdraw their capital without a penalty.
Lower deposit requirements
Shared expenses and standard fees
Minimum period before investors can withdraw their capital
Penalties for early exit (withdrawal)
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