Compare PAMM Forex Accounts

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

 
Table: Compare PAMM Forex Brokers
FOREX
BROKER AND PAMM ACCOUNT

GENERAL INFO

PAMM ACCOUNTS

PROMOTION
RATING USING the Rating Formula
NEW ACCOUNTS

ECN/STP BROKER

Regulation: ASIC (Australia

Spread EURUSD: 0.1 Pip plus $7.0 per lot

Leverage: 500:1

US Residents: No

■ STP execution on PAMM

(fast order execution and low slippage)

■ Tight spreads and low commissions

■ Lot Allocation

-Percent (%) Allocation, and Equity Percent

■ Expert Advisors (EAs) are allowed on the PAMM accounts

■ Bonus: (N/A)

■ Minimum Account: $200

Rating:
80.61%

Tight trade spreads and state of the art technology

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

■ Bonus: 30%

Minimum Account: $1

Rating:
 
(N/A)
 
MARKET MAKER
 
Regulation: FCA UK, CYSEC, ASIC, AFSC
 
Spread EURUSD: 1.1 pips
Leverage: 30:1
US Residents: No

■ Managed accounts with Segregation of funds

■ No lock-in periods and other restrictions

■ Bonus: (N/A)

■ Minimum Account: $500

Rating:
77.67%
» 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 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
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