What is PAMM?
Percentage Allocation Management Module or Percentage Allocation Money Management or PAMM, is a form of pooled money forex trading which allows Traders to share their strategies with Investors interested in them. The investors share their money in desired proportion to the qualified managers of their choice. PAMM managers manage multiple investors from a single trading account, using their own capital and pooled moneys.
- If the manager earns a profit, the amount of funds on the PAMM account increases and the profit is distributed between the manager and the investors based on the amount of their initial investments.