- Who are PAMM Account Brokers?
- Best Forex PAMM Brokers
- Who are Forex brokers offering PAMM Accounts?
- How to Choose Gold Broker?
- PAMM Forex Brokers List
What is PAMM Account Broker?
PAMM Account Brokers offering PAMM or Percentage Allocation Money Management as a management module that conducts managed accounts on behalf of the investor and performed by the account manager.
Meaning the individual investor has an opportunity to invest in trading strategy without a need to trade yourself, all trading process is done by the account manager, while the investor may receive potential gains even through a quite small amount of capital, where terms are agreed between the parties. Read more about PAMM on Wikipedia.
Spread
Standard Brokers Spread
Leverage
Yes
Positions
Sell and Buy
Strategy
As agreed with PAMM Manager
Spread | Standard Brokers Spread |
Leverage | Yes |
Positions | Sell and Buy |
Strategy | As agreed with PAMM Manager |
PAMM Trading Platform
PAMM Trading is an attractive opportunity, not every Trading Platform or Broker offers PAMM trading so is necessary to verify it at the Broker you consider. Also see some of our finds about PAMM Trading:
- The performance of PAMM account contributed by an Egalitarian method, where investor funds are pooled into a manager pool and profits are distributed according to the contribution made by an allocation percentage.
- The PAMM Master account balance represents the total amount of all clients’ deposits, while the investors’ funds physically remain in own trading account for security purpose.
- The individual investors are able to perform fund transactions from or to the trading account strictly and only personally, while the performance fees that are earned by account managers automatically withdrawn from the clients’ account.
- PAMM feature is an investment process usually facilitated by an intermediary party or the broker that takes funds from investor and conducts trading services through the account managers, either with manual or automated trading solutions. Therefore, it is crucial to choose reliable broker with strict regulations.
PAMM Trading Advantages
PAMM Accounts Disadvantages
Great tool that connect Managers and Investors
Potential Success depends on the Manager you choose
Great for Beginners and Professional Traders to ear extra capital
Loads of Alluring but potentially high risk offerings
Relatively Easy and Fast way to Invest in Forex
Offshore Based Brokers are not recommended due to high risk loose money
For Managers: Allows to work with larger Accounts
Bigger share – higher loss
For Investors: PAMM Earnings are paid automatically
Investor has right to withdraw at any time
Ability to set Maximum Drawdown
PAMM Trading Advantages | PAMM Accounts Disadvantages |
---|---|
Great tool that connect Managers and Investors | Potential Success depends on the Manager you choose |
Great for Beginners and Professional Traders to ear extra capital | Loads of Alluring but potentially high risk offerings |
Relatively Easy and Fast way to Invest in Forex | Offshore Based Brokers are not recommended due to high risk loose money |
For Managers: Allows to work with larger Accounts | Bigger share – higher loss |
For Investors: PAMM Earnings are paid automatically | |
Investor has right to withdraw at any time | |
Ability to set Maximum Drawdown |
Top 5 Best PAMM Forex Brokers
Here we made a selection of Top PAMM Account Brokers ranked by category and selected by our experts as best for its quality offering, trust and PAMM accounts availability:
- HFM – Best Overall PAMM Account Broker 2022
- BlackBull Markets – Best Lowest Spread PAMM Account Broker 2022
- FP Markets – Best MT4 PAMM Account Broker 2022
- Pepperstone – Best for Beginners PAMM Account Broker 2022
- BDSwiss – Best EA Trading PAMM Account Broker 2022
Who are Forex brokers offering PAMM Accounts?
Depending on the country of your residence different brokers might be available, however choose only among Top Regulated Brokers for transparency like FP Markets, AXiTrader, etc.
What is Pamm accounts for US residents?
There are not many Forex Brokers accepting US clients only US Brokers may offer trading for US residents alike PAMM accounts, check only regulated brokers like Forex.com.
What to choose PAMM or MAM Trading?
Both accounts are used by professional traders to automatically manage by Master account connected Investor Accounts, the difference is the percentage allocation and the distribution of the traders themselves either using large pool or replication of the trades paying commission.
PAMM Forex Brokers List
Here is our full list of Regulated Forex Brokers with PAMM Accounts that adhere to safest practices and are regulated brokers verified by us:
Broker | Detail | |
---|---|---|
HFM |
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
|
1
|
BlackBull Markets |
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
|
2
|
FP Markets |
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP
|
3
|
Pepperstone |
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
|
4
|
BDSwiss |
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and App
Regulation: FSC, FSA
|
5
|
Mitrade |
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:200
Trading Platforms: Mitrade Trading Platform
Regulation: ASIC, CIMA, FSC
|
Mitrade Review |
FBS |
Min. Deposit: 1 USD
Max. Leverage: 1:3000
Trading Platforms: MT4, MT5, FBS trader
Regulation: CySEC, FSC, FSCA, ASIC
|
FBS Review |
Fusion Markets |
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, DupliTrade, Fusion+, Myfxbook AutoTrade
Regulation: ASIC, FSA, VFSC
|
Fusion Markets Review |
Eightcap |
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, TradingView
Regulation: ASIC, SCB
|
Eightcap Review |
Orbex |
Min. Deposit: US$100
Max. Leverage: 1:500
Trading Platforms: MT4
Regulation: MFSC
|
Orbex Review |