InstaForex passive income features can be a great way to gain extra money as a side hustle. Those features include PAMM, OYS, and ForexCopy.
While trading can be a great source of income, most of the time, it requires traders to keep an eye on the price movement. This might caused them to lose a lot of time.
Now the real question is, can trading become a source of passive income?
The short answer is, yes, it can.
Unfortunately, not all brokerages have these useful features. One broker that is known to offer passive income features openly is InstaForex. This broker has been around since 2007 and has a great reputation. InstaForex's passive income features that we would discuss here include:
- PAMM: Allows investors to easily manage their investments while enabling traders to get additional income.
- OYS: Help traders invest in S&P 500 with the help of an investment manager.
- ForexCopy: Get income by copying other traders' strategies or earn more by providing strategy to other traders.
Each InstaForex passive income feature works differently. What are the differences between each of them?
PAMM Account
PAMM is an abbreviation of Percentage Allocation Management Module or sometimes known as Percentage Allocation Money Management. This refers to a type of forex trading where funds are combined and allocated by investors to qualified traders or money managers of their preference.
These traders or managers can then use the pooled money and their capital to manage several forex trading accounts to generate profits.
For example, a trader only has a $200 investment fund before applying with InstaForex PAMM and eventually collects $300 more from investors; resulting in $500 at their disposal. Suppose they get $1000 in profits; the investors will get $400 if the agreed profit allocation is 40%. As an exchange, the trader will also be paid a commission of $80 for their time and effort in managing the trades.
In practice, InstaForex PAMM accounts offer abundant benefits for traders, investors, and partners.
1. PAMM for Investors
PAMM investor accounts provide a flexible and transparent way to earn unlimited profits from forex trading investments. With PAMM accounts, investors allocate their funds to PAMM traders who manage multiple trading accounts using the combined capital. The return on investment depends on the efficiency of the PAMM trader, and there are no income limitations.
While PAMM traders can conduct transactions, they cannot withdraw funds from the investor's account. Instead, investors can withdraw profits or add more investments at any time.
Additionally, investors can monitor the trading history of the PAMM trader in their Client Area, providing transparency and insight into the trader's performance. With PAMM investor accounts, all participants have a share in the way the profits are distributed, making it a perfect tool for getting passive income.
2. PAMM for Traders
As a PAMM trader, it is possible to accept investments from interested investors and receive a commission for effectively managing their funds. The commission amount is set by the PAMM trader themselves, which can increase the account's capitalization. In other words, traders can put their money into a trading account and become shareholders, opening the door to potential returns.
Distributing profits is automated, with shares automatically sent to investors when an investment is closed. Traders and investors can withdraw profits while keeping the investment in the PAMM account. To become a PAMM trader, register through InstaForex's official website.
3. PAMM for Partners
In addition to the options above, InstaForex clients can get passive income by becoming PAMM partners. It is a simple and effective way to earn up to 80% of the trader's investment profits. To register, clients can follow these steps:
- Activate the PAMM affiliate program for an existing PAMM investor account or create a new account specifically for the PAMM partnership.
- Select trusted PAMM traders from the PAMM Monitoring page or the TOP 5 TRADERS list.
- Once it's done, select the "Become Partner" option for each of the selected PAMM accounts in the PAMM section of your Client Area.
- Clients will receive affiliate links and widgets for each PAMM account they are partnered with
- Use the links and widgets to attract investors to the PAMM account and earn a commission on their profits.
OYS Account
InstaForex introduces the concept of OYS (On Your Side) accounts, which foster mutually beneficial collaborations between the company and traders.
With an OYS account, traders gain access to professional expertise and knowledge, enabling them to profit from the S&P 500 index. Each trader is assigned a dedicated trading manager who assists them in selecting profitable investments.
However, traders ultimately can accept or reject the manager's advice, giving them the desired flexibility. This feature alleviates the need for extensive personal research, making OYS one of the best InstaForex passive income options.
1. How to Start
To access the passive account offered by InstaForex OYS, traders must follow a simple process:
- Firstly, they must register for an OYS account, which can be done conveniently through the official InstaForex website.
- After registration, the trader is required to verify their account.
- Once the verification process is complete, they can make a deposit. The minimum investment amount for an OYS account is $1000.
- Once the deposit is received, a deal is automatically opened on the S&P 500 Index within the trader's account.
- At this point, the trader can sit back and relax, as their manager will provide regular updates on the progress of their investment. They can do so anytime should the trader wish to close the S&P 500 deal.
2. Benefits of OYS
In the InstaForex OYS account, traders are subject to a 25% commission fee on their profit percentage. However, it is important to note that this fee only applies when the trader is in profit. No payment must be made to the company if the investment fails to yield any profit. InstaForex assures its clients that there are no markup fees or hidden charges associated with this account.
Furthermore, experienced professionals with extensive market knowledge oversee the entire investment process. By continuously monitoring the market, these professionals eliminate the need for traders to constantly keep tabs on market fluctuations. This arrangement enables traders to achieve passive income while benefiting from the expertise of seasoned professionals.
3. OYS Risk
Like any investment in stocks, the price can decrease. Nevertheless, stock investments generally carry lower risks than volatile instruments like forex and futures. Moreover, historical data indicates that the downside risks are worth the upside risks, with an average annual return of 7%. One reason is that the S&P 500 index has consistently demonstrated a pattern of rebounding to higher levels whenever it experienced a decline.
ForexCopy
Another InstaForex passive income feature is copy trading, a type of online trading where traders automatically copy the trading strategies of successful traders in real-time. Thus, traders can automatically benefit from their knowledge and expertise.
Essentially, it involves choosing a successful trader that acts as a strategy provider to follow, then copying their trades with a portion of their investment. There are different benefits that InstaForex offers for traders and strategy providers in ForexCopy.
1. For Traders
First and foremost, ForexCopy allows traders with little experience to make money on the forex market by following the trading strategies of successful traders. It also provides a large selection of best-performing strategy providers, complete with full and transparent statistics. Additionally, the minimum deposit required to participate in ForexCopy is only $10, making it accessible to traders with limited funds. Traders who use ForexCopy also have full control over their trading accounts.
2. For Strategy Providers
InstaForex allows strategy providers to set any payment method for copying their trades, giving them more control over their compensation. Strategy providers are also allowed to have unlimited followers, leading to unlimited extra income from this system. For information, if strategy providers attract followers, they can receive double the profits from copying trades.
Conclusions
Regarding passive income in trading, it can't be denied that InstaForex is a reputable broker offering valuable features. Check out this table below to better understand each of them:
| Details | PAMM | OYS | ForexCopy |
| What is it? | Traders combine funds with other PAMM traders for better profit. | Invest in S&P 500 using the help of an investment manager. | Allowing traders to copy other traders' strategies. |
| How it generates passive income | Gain a percentage from the profit generated through the investment. | Managers take care of the trading account and traders get profit from the investment. | Gain profit from strategy providers without spending time analyzing the market too much. |
| Benefits | Gain more profit with fewer funds. | Earn returns from the S&P 500 index from expert managers. | Traders get full control of their accounts, meaning they can set their desired trading size, profit, and risk management. |
These diverse passive income options demonstrate InstaForex's commitment to providing innovative solutions to help traders achieve their financial goals.
InstaForex is an international broker that provides trading services to traders globally. Since it was founded in 2007, InstaForex has provided for clients from various countries as many as 7 million traders. Based in Kaliningrad, Russia, InstaForex always attempts to improve the quality of the company in order to captivate the hearts of their clients.
Their hard work can be proven, one of which is by achieving a variety of awards, including Best Forex Cryptocurrency Trading Platform 2018 by UK Forex Awards, Best ECN Broker Asia 2018 by IBM, Forex Broker of the Year for Eastern Europe 2018 according to le Fonti Awards, Development, and Success award at Financial Olympus 2016-2017, etc.
There are 4 types of account offered by InstaForex representing a universal trading tool that help to work on international financial markets, such as Insta.Standard, Insta.Eurica, Cent.Standard, dan Cent.Eurica. Trading account types differ by the methods of accounting spreads and commissions, which are picked by the trader opening an account.
Insta.Standard account is relevant for standard trading terms on the Forex market and allows a trade to be settled with classical spread and with no fees. Traders will be charged a fixed spread every time they make a transaction. Spreads that are provided ranging from 3-7 pips. The main advantage of this type of accounts is its universality, as a trader can change the trading leverage and work with a deposit size convenient for traders.
Different from Insta.Standard accounts, Insta.Eurica accounts do not require payment of any spread on opening a deal. Therefore, this type of InstaForex account is suitable for beginner trader with a minimum transaction of 0.01 lots.
There are also other types of accounts InstaForex, namely Cent.Standard and Cent.Eurica which can be used for beginner traders because they can use the minimum transaction volume, which is 0.0001 lots (the cost per lot is USD0.1 cent). Deposit currencies that can be used by traders are EUR and USD (for all types of accounts).
Trading in InstaForex is quite a given as traders can choose to trade with leverage between 1:1 to 1:1,000. With a minimum initial deposit requirement of only USD1 (for all types of accounts), InstaForex clients have the opportunity to get a 30% to 100% deposit bonus.
Not only that, but beginner traders are also exempt from confusion in determining forex trading strategies. Because Instaforex provides ForexCopy services that allow traders to copy orders from professional traders in just a few minutes.
And then, there are around 300 trading instruments offered by InstaForex for traders. In addition to currency pairs, there are also futures, shares, gold, silver, CFDs, Bitcoin, and others.
Every InstaForex client is free to choose a trading platform that can be tailored to their needs. There are four types of trading platforms available, including InstaBinary, WebIFX, MetaTrader4, and MetaTrader5. Each platform has advantages and disadvantages. InstaForex also provides video tutorials on how to register on each platform. It aims to make it easy for beginner traders who want to join InstaForex.
If a trader still confused after seeing the video tutorials, traders can contact customer service available 24 hours connected to various social media, including email, Skype, Whatsapp, Telegram, Viber, Twitter, and Phone Call. On the InstaForex website, there are around 30 languages provided to facilitate traders from various countries.
The trader can also help themselves with trading calculators provided on the InstaForex website. Traders can accumulate currency pairs, Leverage, volume, and currency used.
The payment system in InstaForex is also diverse. Traders can pay deposits via Visa, Mastercard, Skrill, Neteller, PayCo, as well as Wire Transfer. All in all, InstaForex is a well-rounded broker for many types of traders.
InstaForex has been operating since 2007. With more than 15 years of experience, this broker provides access to over 300 trading instruments, complete trading packages that support all levels of traders, and various types of bonuses and trading contests.
11 Comments
Jun 9 2023
Can beginners use InstaForex's passive income features as a reliable source of additional income?
InstaForex offers various passive income features such as PAMM, OYS, and ForexCopy, which can be an attractive opportunity for individuals looking to earn extra money as a side hustle. However, when it comes to trading, it often requires constant monitoring of price movements, which can be time-consuming and may not align with the concept of passive income.
Considering this, the question arises: Can trading truly be a source of passive income? Thank you! Need an explanation ASAP
Jun 18 2023
@Lidya: Dude, InstaForex's passive income features, like PAMM, OYS, and ForexCopy, they can certainly provide an avenue for earning additional income. However, it's important to note that trading itself is not typically considered a truly passive income source. Why? Well, trading often requires active involvement, constant monitoring of the markets, and making timely trading decisions. It's more of an active income approach that requires skill, knowledge, and dedication. (PAMM Vs Copy Trading: What are the Differences?)
While the passive income features offered by InstaForex may simplify certain aspects of trading, such as copying trades or investing in managed accounts, it's still essential to stay informed and regularly review your investment choices. It's always recommended to thoroughly understand the risks involved and carefully the traders or strategies you wish to follow. So, while InstaForex's passive income features can provide potential income opportunities, they should be approached with realistic expectations and an understanding that active involvement is often required in trading.
Jun 23 2023
Have you ever wondered about the differences between social trading and copy trading? It's quite interesting how these two approaches can offer unique opportunities for traders. With social trading, you get to be part of a vibrant trading community, interact with fellow traders, and share insights and ideas. It's like being in a virtual trading room where you can learn from others and collaborate on trading strategies. On the other hand, copy trading takes a more hands-off approach, allowing you to automatically copy the trades of successful traders. It's like having your own personal trading assistant who executes trades on your behalf. Both approaches have their advantages and considerations, catering to different trading styles and preferences. So, which one would you lean towards: the collaborative and interactive nature of social trading or the convenience and simplicity of copy trading?
Jun 27 2023
@Potter: Social trading and copy trading are two distinct approaches in the world of online trading:
Social trading emphasizes community interaction and knowledge sharing. Traders can connect with others, share insights, and discuss trading strategies. It offers a collaborative environment where traders can learn from each other, follow market trends, and make more informed decisions.
Meanwhile,
Copy trading is a more automated approach. It allows traders to automatically copy the trades of experienced and successful traders. By linking their trading accounts, investors can replicate the trades executed by the ed traders in real-time. Copy trading offers convenience and simplicity, as it reduces the need for in-depth market analysis and decision-making.
The choice between social trading and copy trading depends on individual preferences and trading goals. Social trading suits those who enjoy the interactive and educational aspects of a trading community, while copy trading appeals to those who prefer a more hands-off approach and want to rely on the expertise of others.
Aug 18 2023
@Potter: please where do I see the forexcopy tab on instaforex
Jun 30 2023
What are the key differences between PAMM (Percentage Allocation Management Module) accounts and OYS (On Your Side) accounts offered by InstaForex? I came across information highlighting the benefits of OYS accounts, such as access to professional expertise and the ability to profit from the S&P 500 index. However, I'm interested in understanding how OYS accounts differ from PAMM accounts and what unique features they offer.
In the case of OYS accounts, it is mentioned that traders are assigned a dedicated trading manager who provides assistance in ing profitable investments. While the manager's advice is available, traders have the freedom to accept or reject it, allowing for flexibility in decision-making. This feature is said to eliminate the need for extensive personal research, making OYS accounts an attractive option for generating passive income with InstaForex.
On the other hand, PAMM accounts are commonly known as a form of managed accounts where traders allocate funds to a skilled manager who makes trading decisions on their behalf. The profits and losses are distributed among the participants based on their share of investment.
Jul 21 2023
InstaForex seems to offer some interesting passive income features like PAMM, OYS, and ForexCopy. However, before considering these options, I'd like to know more about the regulation of InstaForex. Can you tell me which regulatory authorities oversee InstaForex's operations, ensuring that it operates within legal and ethical guidelines? How long has InstaForex been in the market, and what is its overall reputation in the trading industry? Understanding these regulatory aspects and its reputation will help me make an informed decision about exploring the passive income opportunities it offers. Thank you!
Jul 23 2023
Certainly! InstaForex is regulated by several financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the British Virgin Islands Financial Services Commission (BVIFSC). These regulatory bodies oversee and monitor InstaForex's operations, ensuring that the broker operates within legal and ethical guidelines, and providing a level of protection to its clients.
InstaForex has been operating in the market since 2007, making it an established player in the trading industry. The broker has built a good reputation over the years, known for offering a variety of services and features, including the passive income options like PAMM, OYS, and ForexCopy.
Jul 21 2023
Just want to ask about the SP 500 in here. I mean, what is the historical performance of the S&P 500 index, and how does it compare to other volatile instruments like forex and futures in terms of risks? Can you explain the pattern of rebounding that the S&P 500 has consistently demonstrated after experiencing a decline, and how this has contributed to an average annual return of 7%? Considering the potential downside risks, what factors have historically contributed to the attractiveness of stock investments in the S&P 500 despite the possibility of price decreases?
Jul 22 2023
I will explain in the simple terms dude! The S&P 500 index has a good track record, giving an average annual return of about 7%, which is attractive to investors. It's generally less risky than forex and futures. Even though the S&P 500's prices can go down sometimes, it has a history of bouncing back and reaching even higher levels after a decline. This pattern of recovery makes investors feel more confident. The S&P 500 includes many strong companies, which spread the risks, making it a popular long-term investment choice. While there's still a chance of prices going down, many people see it as a reliable option due to its historical performance and growth potential. But remember, it's essential to understand your own risk tolerance and do your research before investing.
Jul 23 2023
It can be said that OYS offered by InstaForex can be considered a good potential source of passive income due to its simplicity and convenience. With OYS, traders can easily and quickly execute trades with just one click, without the need to navigate through multiple steps or complicated processes.
As a passive income strategy, traders can set up specific trading parameters and let the system automatically execute trades based on those settings. This means that once the parameters are established, the trading process can run automatically, even while the trader is not actively monitoring the markets.
By taking advantage of OYS, traders have the opportunity to capitalize on favorable market conditions and potential profit opportunities without needing constant manual intervention. This allows for a more hands-off approach, making it suitable for those seeking to generate passive income from their trading activities.