PAMM and MAM solutions are ideal for money managers looking to manage funds across multiple client accounts using a single Master Account and Interface.
What is PAMM?
PAMM stands for Percent Allocation Money Management. This unique type of trade setup allows investors to allocate funds to a qualified trader or money manager of their choice, who manages account sums across multiple trading accounts at once.
The money manager will receive a performance fee for this service, which is a determined percentage based on trading profits. The remaining profit/loss is divided among investors according to the percentage of additional shares they have in the total capital.
What is MAM?
The MAM account is the only primary trading account that allows you to allocate additional trades in a customizable way.
It stands for Multi-Account Manager, and it provides more flexibility when it comes to tailoring additional trades to tailor the service to each investor’s account regulations and risk profile.
With MAM, the money manager can do a fixed allocation of lots.