PAMM stands for Percentage Allocation Management Module.
It is a technical solution that helps to automatize profit/loss distribution, eliminate human error and allows Money Managers to manage multiple Investors accounts via one centralized MT4 interface.
Read more about these kinds of accounts here.
Up till now Money Managers were forced to trade with multiple copies of Meta Trader 4 which limited the number of clients they could service, decreased the effectiveness of their trading and their profit.
With the PAMM service from FXPRIMUS, the manager can organize all of their clients together in one Meta Trader 4 terminal and an unlimited number of Investors can join under one master account.
Funds from all Investors on the manager account are traded as one unit and this means more room for money management and better position management options.
The PAMM service keeps your account individually and gains and losses are automatically distributed by FXPrimus between the Manager and you, the investor on a percentage basis so that everyone receives their percentage rate of return.
PAMM service makes investing into Forex more secure.
With PAMM accounts, you, the Investor (and not the Manager) has the power to deposit and withdraw funds, so the scenario when a dishonest Money Manager runs away with the money or fails to pay the profit is completely impossible.
You may withdraw all funds or part of the funds or top up your balance whenever you wants, and the settlement (the distribution of profits, losses and Manager’s fees) are carried out by the broker automatically.
Click here to find out more about FxPrimus’ PAMM accounts