Frequently Asked Questions
About Blackhole
Blackhole is a financial strategist and software developer for the financial market, with an emphasis on the Forex market. Our goal is to provide high-performance technological solutions that help investors and traders achieve better results.
About Forex and PAMM
Forex (Foreign Exchange) is the global currency exchange market. Considered the largest financial market in the world, it moves trillions of dollars daily. In it, investors speculate on the appreciation or depreciation of one currency against another, seeking profits from price fluctuations. Trading in the Forex market requires knowledge, strategy, and risk management. For this reason, many people choose to invest indirectly, whether through managed (PAMM) accounts or other vehicles that employ experienced managers.
PAMM (Percent Allocation Management Module) is a system where a fund manager, also known as a PAMM Manager, trades in the market (e.g., Forex) on behalf of multiple investors simultaneously. Profits and losses are distributed proportionally based on the amount invested by each participant. In practice, the investor deposits a certain amount into a PAMM account managed by a professional. This manager applies trading strategies, and all investors share the results according to their investment proportions.
Yes. You can create a PAMM account at QATrading (https://qatrading.com) or any other Forex broker, provided you feel qualified to trade in the market. If you do not feel prepared to trade, Blackhole offers an alternative solution: a PAMM account at QATrading (https://qatrading.com), where you can follow our proven operational model. This allows you to benefit from PAMM operations without having to manage the investments directly.
About QATrading
QATrading (https://qatrading.com) LTD is a Securities Broker incorporated in the Comoros under License No. T2023345, authorized by the Mwali International Services Authority according to the “2014 International Companies Act” of the Autonomous Island of Mwali (Mohéli). Registration No. HY00823422. Registered office: Bonovo Road – Fomboni Island of Mohéli – Comoros Union. When you create an account with QATrading, you go through a verification (KYC) process and then select an investment plan (PAMM). Your account is then linked to Blackhole for monitoring, without granting us access to your credentials or the ability to move your funds.
Blackhole has access to QATrading’s API (https://qatrading.com) as a certified PAMM Manager. This access is granted only to managers who maintain a minimum deposit of USD 100,000.00 and have gone through a strict verification process. The API access is read-only, meaning we can only view information about your account. We do not have the ability to make transactions or financial changes. Moreover, Blackhole does not collect or store any personal user data. We use the API solely to facilitate account creation and deposits directly into your PAMM account, ensuring the security and privacy of your information.
API (Application Programming Interface) is a set of definitions and protocols that allows different applications to communicate with each other. In the context of Blackhole, we use the API provided by QATrading (https://qatrading.com) to securely and efficiently access and read your account data. Our integration with the API is read-only, meaning we can only view your account information (such as balance, trades, and investment performance). We are not permitted to conduct any financial transactions. In addition, Blackhole does not collect, store, or retain any personal user data. We use the API solely to streamline the account creation and deposit process directly into your PAMM account, ensuring your privacy and the security of your information. For more details about QATrading’s API and how it works, you can visit QATrading’s official website.
Platform Features
Yes, our platform allows users to generate a Pix QR Code to fund the PAMM account. This feature is made possible by accessing QATrading’s API (https://qatrading.com), which handles the entire payment flow. Blackhole does not receive any funds deposited by the user. The QR Code directs payment directly to the PAMM account at QATrading, so the entire deposit process occurs without Blackhole handling user funds. You can track each step of the deposit through QATrading’s backoffice, where you’ll see payment statuses, available balance, and other details related to your account.
Customer support is provided by QATrading (https://qatrading.com). If you have any questions or need assistance, you can contact them directly. Blackhole acts solely as a strategist on the platform, owning a PAMM account at QATrading. All operations relating to withdrawals, deposits, and KYC/KYB processes are handled directly by QATrading, a licensed and regulated broker.
You can obtain detailed reports of your investments directly through QATrading’s backoffice (https://qatrading.com). Simply go to the PAMM menu, select the 'My Investments' submenu, and you’ll see your PAMM account profit and other details of your investments.
Security and Privacy
Although Blackhole does not have its own platform, you can monitor your investments directly through QATrading’s backoffice (https://qatrading.com). There, you can view your current balance, performance charts, trade history, and more. QATrading also offers custom reports and data export options for external analysis, ensuring full transparency and control over your investments.
Yes, you can request to withdraw your funds at any time. The withdrawal process is straightforward: log in to QATrading’s backoffice (https://qatrading.com), request the withdrawal from your PAMM account, and once confirmed, the amount becomes available in your QATrading wallet. From there, you can withdraw to your bank account or to a crypto wallet via methods such as PIX or crypto transfers. Withdrawals are processed directly by QATrading in your linked account, without Blackhole’s involvement. This ensures the security and integrity of all transactions.