Compare PAMM Forex Accounts

Forex Brokers

What Means PAMM?

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.

How Does The PAMM System Work?

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 in 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 in 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 on the other hand can not withdraw their client funds in any way.

 
Table: Compare PAMM Forex Brokers
PAMM-ACCOUNT BROKER

GENERAL INFO

PAMM ACCOUNTS

 PROMOTION
 NEW ACCOUNTS

ECN/STP

Regulation:

  • MFSA (Malta)
  • FSC (Mauritius)

Spread EURUSD:

0.3 Pips plus $7.0 per lot

 

US Residents: No

■ Allocate funds by Lot, Percentage, or Proportional

■ Allocate as little as 0.01 lot

■ Monitor performance in real time

■ No restrictions on EA trading

  

■ Promotion: TradingCentral

■ Minimum Account: $100

Funding Options:

  • Bank Wire
  • Credit and Debit Cards
  • Neteller
  • UnionPay
  • ECN trading, 65 Fx pairs, and tight spreads

 

ECN/STP

Regulation:

  • FSP (NZ), FCA (UK)

 

Spread EURUSD:

0.3 Pips plus $3.0 per lot

 

US Residents: No

■ Analytical charting shows the performance

-daily and total gain

-max drawdown

-Sharpe ratio

■ The FXOpen MT4 ECN trading platform

■ Promotion: 30% bonus

■ Minimum Account: $1

Funding Options:

  • Bank Wire
  • Credit and Debit Cards
  • WebMoney
  • FasaPay, AdvCash
  • Cryptocurrencies

 

  • A wide variety of Forex pairs (70+)

AXI Forex

ECN/STP BROKER

Regulation:
  • ASIC (AFSL-318232)
  • FCA UK (509746)

Spread EURUSD: 

0.0 Pip plus $7.0 per lot

 

US Residents: No

■ Trade block orders from a single master account through the MT4 platform

  • Allocation methods:
    - Lot Allocation
    - Percent Allocation
    - Proportional By Balance
    - Proportional By Equity
    - Equity Percent Allocation
    - Allocation by Equal Risk
    - Trade sizes from 0.01
  • Market, Stop, and Limit orders

■ Promotion: N/A

■ Minimum Account: $10

Funding Options:

  • Bank Wire
  • Credit and Debit Cards
  • Skrill, Neteller
  • FasaPay
  • Cryptocurrencies
 

  • Tight trading spreads, low latency

 
 
What is a PAMM Forex Account?

PAMM means Percentage Allocation Management Module (or Percentage Allocation Money Management) and it is a type of 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 has become popular nowadays as it can ensure 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 a full record of any trading transactions. PAMM incorporates 2 different account types:

1) The PAMM Investor Account (Money Manager)

2) The PAMM Trader Accounts (Public Traders) 

 
 
■ Forex PAMM Accounts
ForexAutomatic.com (c)
 
 
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