Compare Forex Brokers and PAMM Accounts

The Percent Allocation Management Module (PAMM) is a technical solution allowing Forex traders to have their accounts managed by professionals. Check below for more information about PAMM Accounts

FX
BROKER

GENERAL INFO

PAMM ACCOUNTS

PROMOTION
RATING USING the Rating Formula
NEW ACCOUNTS
 ECN BROKER

Regulation: MiFID, FCMC

Spread EURUSD: 0.20 Pip plus $1.0-3.5/lot commissions

Leverage: 300:1

US Residents: No

■ Multi-currency accounts

■ Immediate trade allocation between managed accounts

■ Performance fee calculation functionality

■ Depending on the deposit each Dukascopy managed account has its own PAMM ratio. The total sum of all PAMM ratios is always equal to 100%. Trader’s results (Profit and Loss) are allocated between managed accounts according to their PAMM ratio. 

■ Bonus: (10 Equity bonus)

■ Minimum Account: $100

Rating:
76.25%
» Review 

SWFX Market, Huge Liquidity, JForex

 30% Rebate for the 1st month via the above rebate link

 STP BROKER

Regulation: CYSEC (Cyp), MiFID (EU)

Spread EURUSD: 1.8 Pip

Leverage: 1,000:1

US Residents: No

■ v2 PAMM Accounts which  include:  1) PAMM Currenex Accounts 2) PAMM Premium Accounts

■ Success Fees are paid only if Fund Managers are generating profits in a multi-month trading period

■ Bonus: 100%

■ Minimum Account: $5

 
Rating:
70.8%
» Review

Free VPS, Trading Contests, 100% Welcome Bonus

$1.5 / lot Rebate of v2 PAMM Accounts via Forex-Rebates.com

STP BROKER

Regulation: CYSEC (Cyp), MiFID (EU)

Spread EURUSD: 0.75 Pip plus $6.0/lot commissions

Leverage: 500:1
US Residents: Yes 

■ US Traders Welcome

■ Tallinex PAMM account type provides safety of money and the possibility to diversify your portfolio.

■ The trading platform used for PAMM trading is the MT4 PAMM

■ The minimum deposit required in order to open a Tallinex PAMM account is $1000.

■ Bonus: 100%

■ Minimum Account: $100

 Rating:
%
Not Rated Yet

Welcomes US Traders, Fair Trading Terms

 

ECN / STP

Regulation: FSP (NZ), FCA (UK)

Spread EURUSD: 0-2 Pips

Leverage: 500:1

US Residents: No

■ Analytical charting shows performance, daily and total gain, max drawdown, Sharpe ratio

■ The FXOpen MT4 ECN trading platform is coupled with their PAMM accounts

■ Bonus: 30%

■ Minimum Account: $1

 
Rating:
66.7%
» Review
 MARKET MAKER
 
Regulation: FSA UK, CYSEC (Cyp)
Spread EURUSD: 1.1 pips
Leverage: 500:1
US Residents: No

■ Managed accounts with Segregation of client funds

■ No lock-in periods and other restrictions

■ Bonus: 50%

■ Minimum Account: $500

Rating: 
77.2%
» Review 
 
What is a PAMM Forex Account? 

PAMM means Percentage Allocation Management Module (or Percentage Allocation Money Management) and it is a type of a Forex Account that enables a Fund Manager to manage the funds of others, by enjoying in exchange a success fee. This type of shared Forex Account becomes popular nowadays as it can ensure the clear relations between traders, brokers and money managers. All transactions within a PAMM system are controlled by the broker and that means transparency, safety and full record of any trading transactions. PAMM incorporate 2 different account types:

1) The PAMM Investor Account (Money Manager)

2) The PAMM Trader Accounts (Public Traders)

 

How The PAMM System Works?

Usually a PAMM system operates as follows:

1) A Fund Manager opens a PAMM Account in a Forex Brokerage Company.

2) The Fund Manager sets: a) The minimum amount for traders that will participate the PAMM account, and b) The success fee paid from the participant traders.

3) The Fund Manager becomes listed in a Forex Broker’s PAMM list.

4) Traders after selecting the Fund Manager, can participate the PAMM Account by accepting the underlying conditions (success fee)

5) At the end of a predefined-period (usually a month), Fund Managers are paid a success fee based on their performance.

Note: Traders can withdraw their profits and / or funds anytime. Fund Managers from the other hand can not withdraw their client funds in anyway.


More Comparisons» Compare Forex Signals | » Compare Fx Robots | » Compare Platforms

 

■ Forex PAMM Accounts
ForexAutomatic.com
You are here: Home Fx Brokers Compare PAMM Accounts