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Pamm Accounts
Pamm Accounts

Articles in this section

What is a Pamm Account
What is the difference between a Pamm Manager and a Pamm Investor
What documents do I need to register as a Pamm Investor?
What documents do I need to register as a Pamm Manager?
Can I become a Pamm Manager after I register as a Pamm Investor?
How many Pamm Investor Accounts can I create?
How many Pamm Manager Accounts can I create?
What are the benefits of a Pamm Account?
Are there any risks to my funds if i register as a Pamm Investor?
Can I continue trading with my Orbex Trading Account after I register for a Pamm Account?

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Do commissions/fees apply for losing trades?

Andrew Ch.

December 01, 2021 19:28

Offer or account type commissions are irrelevant to the status of a trade.

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The Comision National del Mercado de Valores (CNMV) has determined that Forex/CFDs are not appropriate for retail clients resided in Spain due to their complexity and high risk.

Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.59 % of retail investor accounts lose money when trading CFDs with Orbex Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.