1.PAMM stands for Percentage Allocation Module Management.
2.PAMM is proxy wealth managing account. Investors and account manager will allocation profits based on agreed ratio.
3.This can allow experienced account manager to get the fund from Investors and make profits from trading.
4.Client can decide on lots size or ratio. There is an account managing fee for PAMM account manager.
5.This solution is offered by many brokerages and allows for Investors to become part of a group of separate accounts which are then traded by one fund manager.
6.This fund manager will be given a Limited Power of Attorney over the accounts in his control.
7.his limited power of attorney gives the money manager the ability to trade on behalf of his clients with the money manager controlling an account whose equity is equal to the total amount of equity held in all the separate individual accounts.
1.MAM stands for Multiple Account Manager and any trade and profits that opened by the master account will be distributed automatically among the sub-accounts.
2.While PAMM accounts allocate trades based on percentage of total equity, MAM accounts give money managers more flexibility when sub-allocating the trades placed in the master account.
3.When a deposit or withdrawal is made to a sub-account, the corresponding master account balance will reflect this, and stay aligned with the total sub-account balance.
4.This means the fund manager can set the number of lots to be traded by each Individual Account, to tailor his service to the account size and Risk Profile of his or her clients.