PAMM refers to Percentage Allocation Management Module, which is a fund Management tool.
Simply put, account managers attract investors through profitability, investors and account managers share profits, and brokers guarantee them.
Investors don’t need expertise to take advantage of the service, so PAMM accounts are popular.
PAMM accounts can meet the needs of multiple parties: Investors: Investors can invest with other traders with high investment returns and share the results of their trades.
And investors are free to choose account managers who meet their risk preferences and objectives.
Trader/Account Manager: Traders with extensive trading experience can play the role of PAMM account manager. They can manage multiple accounts at once and trade for profit using their own money and investors’ pooled funds.
A portion of the trading proceeds goes to the account manager’s labor compensation.
Brokers/Forex brokers: Brokers get an additional source of income, while broker partners and agents with PAMM account services get an additional commission on account managers’ trades in addition to rebates from brokers.
PAMM management mode is short for percentage distribution management mode.
According to the PAMM system architecture, each account, regardless of profit or loss status, will be allocated according to a preset allocation plan.
Many investors who do not have the time to run their own investments, or do not know how to do them, choose to open PAMM accounts, which are managed by professional traders.
The New Year will be the market holiday, the Fed is about to start trimming.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.