What is PAMM?
PAMM stands for Percentage Allocation Management Module. PAMM Account is basically a solution that has helped and given the opportunity to the investors to make money without trading involving themselves in the trading business on Forex. In return, the managers get the possibility to earn source of income by managing the client’s funds properly. Moreover, this software is tested and has reduced the human errors and has reduced the stress of the fund Managers to control multiple investors’ accounts that too with the use of one centralized and independent mt4 MAM broker account & MT5 interface.
How Forex PAMM Operates?
In order to understand forex PAMM operations, you should first understand that practising PAMM means you need a master trader to manage your account in reality. The reason being, a master trader is required in order to control and maintain the master account substantially and efficiently. Forex MAM account & PAMM operates very fast and it has reduced the stress level from the heads of the investor as the investor has to just sit back and relax.
PAMM Functional Specification
- It can remove or add accounts and funds without disturbing the trading activity.
- It can manage a multiple quantity of multi-currency accounts with the use of one master trading platform that is selected by the manager.
- It has helped in enhancing the trade allocation.
- It can block trading facilities for particular managed accounts.
- It has an Interactive functionality to accept and decline new managed accounts.
Perks for the manager
- Automated correction of transactions’ volumes: When depositing, and withdrawing volumes of open orders and pending orders are automatically synchronised to the preferred value. And the correction can be adjusted by the manager automatically.
- Each trading strategy is permitted: This technology doesn’t limit the trade strategies. It allows both long-term trading and scalping strategies.
- It can import trading history: this technology helps the manager to convey trading history both from the company and brokers accounts.
- Trading investor funds completely: Manager can trade only with the investor money, without investing their own funds in the trading.
Perks for the Investor
- Individual trading interval: The investor can individually set the trading interval. An investor can independently set the frequency of profit sharing as per his needs.
- Instant withdrawal: The investor can withdraw funds quickly when they want to despite any open positions of the manager or other circumstances.
- Elastic deposit system: With the use of this technology investors can deposit money in three ways, i.e. immediately, in the absence of any open positions and on a scheduled base.
Perks for the Broker
- High reliability: PAMM system was created by a team of highly qualified developers with years of expertise in the Forex industry.
- Adaptable and scalable architecture service: The service is not attached to any operating system and also does not have any architectural restriction on the number of the servers or users.
- The speed of deployment: PAMM system was specially designed keeping in mind the execution speed.
- Resistance to stress: PAMM system has undergone many tests. Moreover, it has also helped in reducing human error thus has helped in reducing stress. Also, it has been successfully used by several brokers.
PAMM Accounts is an effective investment solution
- Profit potential: The potential returns generated by a PAMM forex brokers are generally better than traditional banking products.
- Reliability: PAMM Accounts are reliable and secure as the legality of the documents, data and identity of each manager have been carefully tested and examined by an independent panel.
- Transparency: With the use of PAMM system, one can track the manager’s activity and performance of invested funds in real-time.
- Funds Withdrawal: With the use of PAMM system, investors can easily and quickly withdraw funds anytime with full confidence.
Conclusion: The PAMM solution is an investment service exclusively designed to allow experienced fund managers to control the money of investors. They get a payment based on profit sharing basis. Moreover, with the PAMM system, you don’t need to trade yourself a master trader can help you in trading. Trade is usually done by the master PAMM manager. The investor can just invest his money in the trading account and can sit back and can relax. The PAMM system will take care of your investment. Moreover, it gives the investor the ability to monitor the results.