Forex PAMM account
Topic: Forex PAMM account
PAMM is an acronym for Percentage Allocation Management Module. It is essentially a trading account where one or more investors invest funds. Each PAMM account is handled by a dedicated manager, who will carry out trading on behalf of all the investors.The profits or the losses will be shared by each investor in proportion to their investment. Having a PAMM account is beneficial for investors as it simplifies the process of investing, eliminates risk to a great extent and gives them the advantage of economies of scale.