PAMM short for “Percentage Allocation Management Module” PAMM Is a copy trading system that today many forex brokers offer. Copying trades from a Master account to one or more Follower accounts and automates the profit and loss distribution. Master account operates a personal capital through a PAMM Account, and his or her trading strategy is copied on the Followers capital.
How does PAMM work?
You decide how much capital you want to allocate and to which traders. Once you’ve allocated that money, it’s added to the managing trader’s pot of capital. You’ll receive the same profits or have the same losses as the trader over the same period you invest with that PAMM account, on a percentage basis.
You (the follower) doesn’t need to do anything else other than monitor the trades taking place. PAMM short for “Percentage Allocation Management Module” PAMM Is a copy trading system that today many forex brokers offer. Copying trades from a Master account to one or more Follower accounts and automates the profit and loss distribution.
Master account operates a personal capital through a PAMM Account, and his or her trading strategy is copied on the Followers capital.
How does PAMM work?
You decide how much capital you want to allocate and to which traders. Once you’ve allocated that money, it’s added to the managing trader’s pot of capital. You’ll receive the same profits or have the same losses as the trader over the same period you invest with that PAMM account, on a percentage basis. You (the follower) doesn’t need to do anything else other than monitor the trades taking place.
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