PAMM account manager

PAMM stands for Percent Allocation Management Module.

PAMM account is a new investment service, which allows investors to earn without making independent trades.

Investors receive income by investing the balance in the PAM account manager’s account (which is also called the account trader), and the trader will receive a fee from the investor’s income for managing these balances. The account manager cannot withdraw the clients’ funds. In the case of profit only, he receives a pre-agreed percentage of the profit.

The PAMM account manager is the person who trades with the PAMM account and other investors can invest in his PAMM account.

The manager opens a PAMM account and deposits a certain amount into it as the manager’s budget, he is not allowed to withdraw this amount (and this is an incentive for prudent trading). Then he forms a proposal and determines the terms of cooperation with investors, including the percentage of his fee for managing the accounts.