newBlogger
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What is a PAMM-account?
A PAMM-account is a trading account that consists of one or several Managed accounts, representing independent and unified trading structure, that is traded only by the Manager of the PAMM-account. Several Managed accounts included in a PAMM-account are considered by the trading platform as an integral whole.
The principle of work of the PAMM-account lies in proportionate distribution of losses and gains, between the Investors' accounts.
A PAMM-account is advantageous for Investors from the point of view of receiving potential profit without necessity to execute any trading operations and for the Manager it is advantageous as he receives remunerations for Managing accounts of Investors.
A PAMM-account is a trading account that consists of one or several Managed accounts, representing independent and unified trading structure, that is traded only by the Manager of the PAMM-account. Several Managed accounts included in a PAMM-account are considered by the trading platform as an integral whole.
The principle of work of the PAMM-account lies in proportionate distribution of losses and gains, between the Investors' accounts.
A PAMM-account is advantageous for Investors from the point of view of receiving potential profit without necessity to execute any trading operations and for the Manager it is advantageous as he receives remunerations for Managing accounts of Investors.