Percentage Allocation Money Management (or) PAMM is an investment service that gives you an opportunity to participate in the forex market even when you absolutely know nothing about trading or you don't have time to trade.
How It Works?
- Open a PAMM Trading Account
- Select a Fund Manager of your choice.
- Fund Your Account.
- Your Account gets mapped under the selected Fund Manager.
- Fund Manager Starts Trading.
- Profits earned are shared by Investors and Fund Manager.
- Withdraw your profit every month.
The brokerage firm helps you connect with the Fund Manager through a secure, reliable platform that allows money managers and investors to interact. They also take care of the regulations, account keeping, deposits, withdrawal, and related activities. Apart from a usual trading business platform, the brokers make sure that their setup allows transparent review, feedback, rating, and related mechanisms for investors and money managers to select and interact with each other.