Pamm fx

Create an offer and generate income while protecting your trading strategy from being copied.

Real forex bonuses

Trading results are published on FXPRIMUS website giving you visibility to gain unlimited amount of followers. Innovative solutions in PAMM-service technology are developed to meet the needs of masters and followers alike. FXPRIMUS makes this service convenient and available to use for each client.

OUR ADVANTAGES

Create an offer and generate income while protecting your trading strategy from being copied. Trading results are published on FXPRIMUS website giving you visibility to gain unlimited amount of followers.

FOR FOLLOWER

Turn your capital into investment by choosing a suitable PAMM account based on the results of the PAMM master. You will have full transparency in terms of performance and fees, with full flexibility to deposit and withdrawal as you see fit.

TECHNOLOGY

Innovative solutions in PAMM-service technology are developed to meet the needs of masters and followers alike. FXPRIMUS makes this service convenient and available to use for each client.

FXPRIMUS PAMM SERVICE

Due to an overwhelming amount of requests for an innovative investing tool, FXPRIMUS has listened and is pleased to offer its PAMM service. The PAMM service facilitates the relationship between an endless amount of world-class skilled masters & eager followers.

The FXPRIMUS PAMM service affords the opportunity for masters to showcase their performance to the tens of thousands of FXPRIMUS customers that are in need of traders to follow. At the same time, the PAMM service allows followers the ultimate in flexibility in terms of selecting a master that meets their specific criteria from a performance and risk management perspective. The follower has complete control of their deposits and withdrawals, and all fees and commissions are transparent, with no surprises or hidden fees. Furthermore, FXPRIMUS PAMM requires masters to trade their own funds, giving followers the full confidence that the masters objectives are in line with theirs.

In short, the FXPRIMUS PAMM is fully automated for the masters & followers. When a trade is closed, the profit or loss of the trade is distributed amongst all followers in the PAMM based on their risk specifications. The master receives a commission and/or performance fee based on the results of the trades.

Moreover, FXPRIMUS PAMM service provides both the master & follower all the tools needed to get the most and the best from forex trading: exclusive conditions, and reliable order execution and dedicated support.

LEGACYFX
PAMM
account

Legacyfx presents an innovative
and full-featured PAMM service

Benefiting from the cooperation between account managers and investors, PAMM account is an effective and novel tool, designed for an effective and transparent trading experience.

Become a PAMM account manager

Trade on behalf of the investors in your account and receive an additional percentage of funds from every investor account while protecting your trading strategy from being copied.

Benefits for managers:

PAMM account allows traders to manage multiple accounts from a single account without creating an investment fund.

Managers enjoy large volumes at the prices. PAMM account provides tighter control to maximize returns.

Managers choose their trading conditions, commissions, spread mark-ups, performance fees, margin calls, and other parameters easily.

PAMM account provides a flexible commission system for managers based on results, to help in the choice of strategy.

To join, email pamm@legacyfx.Com or ask your account manager!

Become a PAMM account investor

Leave the trading to the traders - if you are a newbie or a beginner trader, join as an investor to the PAMM account of your choice and have your funds managed by experienced traders. You will receive a percentage profit of all successful trades.

Benefits for investors:

Opportunity to earn income without being an expert on forex and CFD trading.

Choose and join one or several accounts, maintained by reliable and professional managers.

If no statements are made, no fees are subtracted.

No one can withdraw funds other than the investor himself.

To join, email pamm@legacyfx.Com or ask your account manager!

More information

What is a PAMM account?

PAMM stands for percentage allocation management module. These types of accounts are comprised of numerous deposits from multiple investors and are controlled and traded by a specific money manager. The managers of such accounts are generally professional traders, experienced in maximizing profits of their accounts and for their investors. Each individual investor may allocate their personal funds to one or more accounts and managers. Overall, these accounts feature a management module that distributes the sizes and results of trades according to an allocation percentage amongst the various investors that contributed to the overall capital of the account.

For example, suppose the manager makes a 100-lot trade on the EURUSD. This trade is then divided amongst the individual investors based on each investor’s contributing percentage in relation to the manager’s account. This means that if the size of an individual investor’s contribution is equal to 1% of the manager account's equity, the size of the trade will be one lot (1% of 100 lots). Any profits, losses, and fees are distributed according to this percentage as well.

To ensure the security of investors' funds, their deposits remain in their personal trading accounts. The money manager does not have access to these accounts and, therefore, cannot make any withdrawals. The individual investors are the only ones who can make deposits & withdrawals to/from these managed accounts. However, the performance fees earned by managers are automatically withdrawn from investor accounts, according to the terms of the contract.

The best solution for investors

Legacyfx’s PAMM accounts allow experienced traders or ibs, to manage funds of several clients (investors) through a single trading account.
Our managing traders (money managers) may even control multiple forex trading accounts using pooled money contributed by numerous investors, for the purpose of generating profits. The resulting performance is then distributed accordingly amongst the investors.

Overall, our system empowers money managers with full control over their accounts in relation to fees, commission structures, etc. It allows individual investors to choose and fund money managers based on documented statistics while maintaining the flexibility to connect and add funds to their personal accounts.

Who can become an account manager?

Are you an experienced trader with a private or social-media following clients, investors, supporters? Do you wish to scale up your trading business and create more profitable strategies? If yes, open one of our PAMM accounts as a money manager. As a money manager, you get specialized credentials to access our PAMM money manager portal, required to supervise your investors' entries and exits, set commission and fee structures, see overall summaries of your managed accounts, and more. You will also obtain account credentials to the established meta trader 5 platform where your investors' funds are pooled and where trading activity is carried out. Overall our system enables complete customization of currencies, fee structures, investment limitations, allocation, and more.

PAMM - COPY TRADING

PAMM is our smart solution to ‘copy trading’ needs of our clients.
GKFX prime’s PAMM service allows you to invest in proven strategies made by expert traders and take your
share from the profit! For expert traders, the PAMM service means additional investment!

PAMM
for masters

Set up a trading strategy and attract offers.
Earn more from your successful trades.

Set your own rules.
Rank higher & get more followers!

PAMM copies your trading strategy securely: followers
can’t access your strategy.

PAMM
for followers

No time or experience for trading forex?
Let the experts do it for you!

See a list of offers by masters and select one based
on the risk, fees and expected profit.

Invest or withdraw your money anytime: masters can’t
access your investment.

Real-time data

Constant updates for
followers to observe
their investment

Advanced analysis

Top tools & charts for
master to improve trade
performance

Mutual safety

Followers can’t access
strategies; masters
can’t access investment

No hassle

No trading experience
needed to open a
follower account

TOP MASTER ACCOUNTS

account	total gain,%	daily gain,%	ROR
stcroboost	88.9	4.38	0.29
chen8888	22.4	26.06	0.14
baby888	19.41	-0.25	0.11
dfx01	1.07	0	-0.03
stcroboost	88.9	4.38	0.29

TOP FOLLOWER ACCOUNTS

account	country	join date	total gain,%
stcroboost	88.9	4.38	0.29
chen8888	22.4	26.06	0.14
baby888	19.41	-0.25	0.11
dfx01	1.07	0	-0.03
stcroboost	88.9	4.38	0.29

HOW TO BECOME

A master?

1 - open a GKFX prime account

2 - go to mygkfx prime and select PAMM

3 - click open a PAMM account

4 - create a master offer

A follower?

1 - open a GKFX prime account

2 - go to mygkfx prime and select PAMM

3 - click open a PAMM account

4 - select an offer to invest

PAMM - F.A.Q.

Rating – explained

PAMM platform automatically lists top masters and followers based on their recent performances. While past performance doesn’t indicate future success, it’s a measurable system of trade results.

Master rating parameters:

Total gain (%): current gain of the PAMM account

Daily gain (%): profit of the previous day

Since opened: number of days passed since the account opening

Max. Drawdawn: % difference of minimum & maximum total gain levels, showing the maximum loss

Rate of return (ROR): the ratio of gains & losses (whether realized or unrealized) on assignments

Gain chart: current gain of the PAMM account in graphical view

Follower rating parameter:

Gain: follower`s investment gain on the offers

Gain chart: graphic display of the gains

Clicking expand button on the lists reveal additional data graphs on the PAMM account.

You can select time intervals to better analyze the data collected by the PAMM platform.

Offer parameters – explained

Performance fee (0-100%)

The percent paid from the follower’s profit to master while the profit is being distributed at the end of the trading interval. It is paid only if the profit exceeds minimum performance constraint.

Master commission (0-100%)

Annual fee paid by the follower accounts to the master for funds management. It is calculated daily as a percentage of current follower balance during rollover. So every day 1/260 of an annual master commission is paid to the master (260 is the average number of trading days per year).

Minimum performance constraint (0-100%)

The profit threshold that the master declares to receive performance fee after.

Assignment commission (0-100%)

The initial down payment set by the master as a condition for joining the offer.

Early revocation penalty (0-100%)

The penalty for revoking follower investment earlier than trading interval’s end.

Initial assignment

The minimum amount for a follower to join an offer by a master. It is transferred to PAMM account.

Follower top-up minimum

The minimum amount for a follower to assign extra funds into PAMM account.

Follower balance minimal

The minimum amount that has to be left on a follower’s account in case of a revocation request.

What is PAMM?

PAMM allows beginners to follow the footsteps of experienced traders and copy their successful trades. Followers invest in the proven strategies of master accounts. Followers have the full control over their investments. But they can’t access the strategies. When the master profits, so does the follower.

How does it work?

PAMM (percent allocation money management) is a smart investment solution. It offers an ideal platform for bringing both beginners and experienced traders together.

The process is extremely efficient and easy as the system allocates costs and profits automatically.

PAMM example

Customer registers as a master and assigns master capital of $10,000.

Master sets trading interval as ‘1 month’ with following parameters

This means, at the end of a month, the master will get 30% of the profit that exceeds the 10% limit. This is called minimum performance constraint .

Two followers accept the offer: follower 1 invests $25,000. Follower 2 invests $15,000. The PAMM account now holds $50,000 in total .

At the end of the month, master trades successfully and the PAMM account profits 50%. The PAMM account now holds $75,000 in total.

Follower 1 gained 50% profit of his/her initial investment: $12,500 minimum performance constraint (10%) for follower 1: $2,500 net profit = $12,500 (profit) — $2,500 (minimum performance constraint) = $10,000 follower 1 pays the performance fee (30% of the net profit) to master: $3,000

Follower 2 gained 50% profit of his/her initial investment: $7,500 minimum performance constraint (10%) for follower 2: $1,500 net profit = $7,500 (profit) — $1,500 (minimum performance constraint) = $6,000 follower 2 pays the performance fee (30% of the net profit) to master: $1,800

Follower’s current balance = initial balance + profit – performance fee follower 1’s current balance = 25,000 + 12,500 – 3,000 = $34,500 follower 2’s current balance = 15,000 + 7,500 – 1,800 = $20,700

Master’s current balance = master capital + profit + performance fees 10,000 + 5,000 + 3,000 + 1,800 = $19,800

Profits: follower 1 = $9,500 | follower 2 = $5,700 | master = $9,800

What is rollover?

Rollover is a routine procedure for PAMM accounts when trading results are updated and published. During the rollover;

All existing positions in the followers accounts are reopened. Followers will notice this activity in their trading statements as if master closed all positions at the last quote of the day and reopened at the beginning of the next trading day at the same quote. However, in the trading platform, there won’t be any position reopening activity seen.

All fees are calculated and paid to the master customer account.

Assignment and revocation requests are processed during rollover as well as follower and master share recalculation.

The master sets the rollover time. Shortly before it, no requests are accepted for a certain period. This is called freeze time.

How a master can assign funds

HOW TO ASSIGN FUNDS

Click the name of PAMM account in the active accounts table.

Click assign on the master menu.

Fill in the form: choose the customer account, enter the assignment amount and set date to execute (default value is the current date).

Click assign funds.

How to create a master offer

HOW TO CREATE MASTER OFFER

1.A master offer is a public master's proposal to join PAMM account and copy trades. An offer contains parameters used by the PAMM service to distribute the profits, losses and fees between master and followers.

2.To create the master offer, follow these steps:

In the active accounts table, click the name of PAMM account

3. Under the offers and followers table, click new offer. The offers and followers table displays the information about all your offers, their status, the number of followers and total followers balance for each offer:

4. Fill in the create offer form (for more information about offer parameters description, see offer parameters).

5. Select I confirm checkbox and click create.

6. To change agent commission or/and password, click manage in the offers and followers table. Clicking on disable offer / enable offer changes offer status.

Note! After an offer is created, only password and agent commissionparameters might be edited.

How to adjust trading positions when a follower makes fund assignments or revokes

HOW TO ADJUST TRADING POSITIONS WHEN THE INVESTOR MAKES FUND ASSIGNMENT OR REVOCATION

The master should monitor the volume of all open positions on a PAMM account. The master sees an assignment/revocation request as soon as it is made by the follower. Thus the master has some time to assume the measures before the request is executed at rollover. Below you can see the examples of positions adjustment after a funds assignment/revocation.

POSITION ADJUSTMENT AFTER FUND ASSIGNMENT

Exposure level on a PAMM account is 50% (for example, equity equals 10,000 USD, margin equals 5,000 USD). Then 10,000 USD are added to the account, exposure level reduces to 25% (equity equals 20,000 USD, margin equals 5,000 USD). In order not to lose profit the master should increase the exposure level to 50% by opening more positions of the corresponding volume (equity equals 20,000 USD, margin equals 10,000 USD).

POSITION ADJUSTMENTS AFTER FUND REVOCATION

Exposure level on a PAMM account is 25% (for example, equity equals 20,000 USD, margin equals 5,000 USD). Then 10,000 USD are revoked from the account, the exposure level increases to 50% (equity equals 10,000 USD, margin equals 5,000 USD). To avoid stop out, the master should reduce the exposure level to 25% by closing positions of the corresponding volume (equity equals 10,000 USD, margin equals 2,500 USD).

How to open a PAMM account and become a master

HOW TO OPEN A PAMM ACCOUNT AND BECOME PAMM MASTER

To become PAMM master follow these steps:

Fill in the registration form to create a PAMM account.

Customer account – a valid and verified trading account from which funds are debited to the PAMM account.

Account name — the name of the PAMM account that is used in PAMM account rating. Account name may outline master's trading strategy.

Account type – type of the account (PAMM STP or PAMM ECN).

Account currency – currency of account.

Phone password — any word or a combination of words that is used to verify master's identity.

Repeat phone password - confirm the phone password.

Assignment to master capital — the size of the master capital. Master capital may not be reduced and/or revoked during the trading interval, except for the case of PAMM account liquidation.

Rollover time – time of rollover (note! Master can set any time of rollover).

Freeze time – the time period preceding the rollover within which no request are accepted from the master or the follower to be processed during current rollover.

Frequency of follower's trading reports publications — specifies how often the follower statement is updated. Possible values are “daily”, “weekly”, “monthly” or “quarterly”.

Select the show equity to all checkbox to make the equity chart available for public view.

Select the show currencies to all checkbox to make the summary tab in the advanced statistics of the account available for public view.

Select the show statements to all checkbox to make the statements tab in the advanced statistics of the account available for public view.

Select the show net assignment to all checkbox to make all assignment/revocation operations of the account available for public view.

Select the allow follower offers checkbox to enable making the follower offers.

Select the import trading history to upload the history of trades from another account. Account equity, gain, drawdown and other PAMM account statistics will be calculated and displayed on performance charts as if trading has been done in the PAMM account from the start.

Trading account — select one of the available trading accounts. Broker reserves the right to determine which trading accounts can and cannot be imported.

Myfxbook account — enter a private link to your myfxbook account.To import trading history from myfxbook, please, do the following:

3. Copy the private link into the myfxbook account field.

After import has been completed, you can delete the private link and make your myfxbook account public again.

Important! Your PAMM account must be denominated in the same currency as the trading account, from which you are going to import history.

Important! Before you start trading, wait until your trading history has been fully imported. You will receive an e-mail message to notify you that import has been completed.

3. Read and accept the PAMM account service regulations document.

5. To manage a created account click on the account name and use the master menu (for more information, see master menu).

The follower capital and the follower balance

FOLLOWER CAPITAL AND FOLLOWER BALANCE

The follower capital is the follower’s funds assigned to the PAMM account. The master's performance fee is calculated based on the follower capital. Within the trading period, the value of follower capital is only changed when the follower makes an assignment/revocation to/from the follower account. If the follower gaines the profit during the trading interval and doesn't revoke it, the follower capital is automatically increased at the end of the trading interval.

The follower balance — the net amount of funds which is assigned and revoked by the follower to the PAMM as for the moment after the latest rollover performed, considering the results of the master's trading activity. It’s calculated every day during the rollover.

The offer parameters are specified as follows: 10/0/0 - 0/0 - 50,000/10,000/1,000. The follower assigned 50,000 USD. Therefore, the profit is the funds over 50,000 USD, which are gained thanks to the master’s trading activity. At the end of the trading interval, the master’s successful trading resulted in the follower’s profit of 10,000 USD (the follower balance is 60,000 USD). According to the master offer, the performance fee of 1,000 USD (10% of 10,000) was paid to the master. The follower balance and follower capital amounted to 59,000 USD, i.E. From this moment funds over 59,000 USD are regarded as profit.

The offer parameters are specified as follows:10/0/0 - 0/0 - 50,000/10,000/1,000. The follower assigned 50,000 USD. As a result of the master’s trading activity, the follower balance amounted to 10,000 USD at the end of the trading interval. As there was no profit, the master didn't receive any performance fee. The follower decided to revoke 5,000 USD. As the follower revoked 50% of the follower balance (50% of 10,000 USD makes 5,000 USD), the follower capital decreased by 50% as well (50% of 50,000 USD makes 25,000 USD). At the beginning of the second trading interval, the follower capital amounted to 25,000 USD, the follower balance amounted to 5,000 USD. As a result of the master’s activity, the follower balance reached 30,000 USD (follower capital – 25,000 USD, profit – 5,000 USD) at the end of the second trading interval. As profit for the second trading interval amounted to 5,000 USD, the performance fee was 10% of 5,000 USD (500 USD). Hereby, at the end of the second trading interval, the follower capital was 30,000 USD - 500 USD = 29,500 USD.

Follower offer (for followers)

FOLLOWER OFFER

The follower offer makes possible for the follower to suggest his/her own parameters when none of PAMM account offers satisfies him/her. The follower can create an offer with the desirable parameters and send a request to the PAMM account master. If the master accepts the offer, it is added to the PAMM account list of offers and the follower joins the offer in the following rollover.

To create follower offer, follow these steps:

1. Log in to PAMM website, then on the main menu click follower.

2. Choose the PAMM account (for more information about choosing the account, see rating).

Note! The follower can create an offer only if he/she didn't join any offer of the chosen PAMM account.

3. Click create follower offer

4. Fill in all offer parameters (for more information about offer parameters, see offer parameters).

5. Enter the assignment sum in the amount box. The indicated amount is immediately revoked from the follower customer account and converted to the PAMM account currency. If the master declines the offer, the amount is converted back and credited to the follower customer account.

Note! The value of the amount box can`t be less than the value of the initial assignment box.

6. In the expiration date box choose the date till which the follower offer is valid. If the master doesn't accept or decline the offer by the date, it is automatically rejected during the rollover.

To delete follower offer, follow these steps:

1. Log in to PAMM website and click follower on the main menu.

2. In the follower accounts table click the PAMM account of your choice.

3. In the current request table select the offer of your choice.

4. Click delete selected requests.

Note! The follower can delete his/her offer as long as it is not accepted by the master.

If the master accepts the offer, the join request is automatically created. The request is displayed in the processed requests table on the PAMM account page.

Follower statement

FOLLOWER STATEMENT

The follower statement allows the follower monitoring the trading activity on the follower account. The balance operations (including fees) are also reflected in follower statement.

Follow these steps to generate the follower statement:

1. Log in to PAMM website, then on the main menu click follower.

2. In the follower accounts table, find the offer of your choice and click statements.

3. Select the interval for the statement generation. Available intervals are:

Current week

Previous week

Current month

Previous month

Another interval

All trades that were opened/closed within rollovers are shown in statements with ticket numbers, correspond to master orders:

All balance operations (including fees) are shown in statement as follows:

As all positions are settled at rollover (e.G. Rollover is at 1:10 PM) and reopened, the closing price and opening price are the same for the order:

If multiple orders for the some financial instrument are opened on the follower account, the orders are closed during the rollover and reopened considering the resulted total volume for the financial instrument. The volume of the resulted position is equal to a difference between volumes:

If orders are opposite and have equal volumes (rollover is at 10:55 AM):

If orders have different volumes (rollover is at 2:15 PM):

Note! Hedged and reopened positions are visible in statement after following rollover.

How to become a follower account holder?

HOW TO BECOME A FOLLOWER ACCOUNT HOLDER.

To become a follower account holder, a user must accept a master offer of one of PAMM accounts provided that he/she has sufficient funds available on the customer account. Accepting the offer, the follower makes a request to assign funds from the customer account to the follower account. Follow these steps to become follower account holder:

1. Log in to PAMM website, then on the main menu click PAMM accounts to see available PAMM accounts (click active offers only to review the list of PAMM accounts with active offers):

Sort the rating of PAMM accounts to find the most attractive account for joining (for more information on PAMM account rating, see rating)

2. To view detailed information about this account, click the PAMM name.

3. To the left of the chart, click join.

4. In the offers table, choose the offer and click join.

5. Make sure you have read and understood the offer parameters.

6. In the amount box, enter the sum of initial assignment. Entered value must be greater or equal to the value of the initial assignment.

7. Choose the date to execute if necessary (default value is the current date).

8. Read and accept the PAMM account service regulations document and click submit request. The request is processed during the current rollover.

In addition, any follower can add a PAMM account to the watched accounts table. To add the PAMM account to the watched list, follow these steps:

1. Log in to the PAMM website, then on main menu click PAMM accounts to see available PAMM accounts.

2. In the PAMM accounts rating click the name of the account.

3. After the PAMM account page is opened, click add to favorite.

The chosen PAMM account is added to the watched accounts table (to open the table, click followeron the main menu).

If the master specified the link to the discussion web-page for contacting with him/her, upon clicking discuss you will be redirected to the forum page.

How can a follower assign additional funds to be engaged in his follower account within the PAMM

HOW A FOLLOWER CAN ASSIGN ADDITIONAL FUNDS TO HIS/HER FOLLOWER ACCOUNT WITHIN THE PAMM

To assign additional funds to the follower account, follow these steps:

1. Log in to PAMM website, then on the main menu click follower.

2. In the follower accounts table, find the right offer and click assign.

3. In the customer account box, select the account, then in the amount box, enter the amount of assignment and click assign funds.

Note! If the assignment/revocation request is submitted before the freeze time, it is processed during the current rollover. If the request is submitted during the freeze time, it is processed during the following rollover.

Top 10 best PAMM forex brokers for 2021

Top rated:

Are you looking for the best PAMM forex brokers because you don’t necessarily have the funds or knowledge to trade forex yourself, but still want to make a profit?

PAMM accounts brokers can come in all different shapes and sizes and even different names.

The key thing you should look out for is a trustworthy broker, one that has a good reputation, is regulated by a respected financial regulator and offers you a good amount of control over your funds when you want it as well as transparency.

Whichever pamm broker you decide to sign up with, ensure it is one you can trust.

What’s a PAMM account?

Starting from the basics, PAMM stands for percentage allocation money management, and as the name would suggest, this is a type of managed account.

With the PAMM account, very simply, you make the deposit to your account as a trader, and this money and investment is then taken care of by a fund manager who will make the trades on your behalf with the hope of being profitable.

This is not done in isolation and your account could be one of hundreds of accounts managed within the operation. Profits and losses are then distributed equally according to the amount that you have invested from your account. All of these actions are completed by an assigned account manager and full transparency of operation to make sure you can see exactly what is going on.

Top 10 best forex pamm brokers of 2021

Here’s our list of the best PAMM account forex brokers:

1. IC markets

If you’re looking to set up a PAMM account, IC markets is the most highly recommended broker, with their PAMM/MAM service operating since 2012. IC markets offer the most flexible allocation methods available today and produce real-time reports on performance and commissions, allowing PAMM account users to still feel in control of their funds. Money managers attached to the account will also be able to utilise some of the best expert advisors available.

As a trader here you will also benefit from some of the fastest ECN execution as well as the best value spreads around starting from 0pips on the RAW account. As with many PAMM accounts, there is a minimum trade inplace, but this is still a very accessible 1 micro lot (0.01 standard lots). All of the trading here is just one click away with the very best in transparency provided by the IC markets account managers, and all trading taking place through the much trusted MT4 trading platform.

2. Pepperstone

Pepperstone is perhaps one of the world’s best brokers of recent years. By signing up to a PAMM account with pepperstone, you will be pleased to know that the money manager who trades your funds will not be held back in the slightest. Pepperstone is very liberal when it comes to using different trading strategies, such as hedging and scalping, expert advisors, and have some of the best execution speeds available.

Pepperstone allows for control of more than 100 sub accounts, and all with no delay or unexpected latency whatsoever. This is ideal for those looking to deal with multiple accounts as more experienced or high-volume traders. Both MT4 and MT5 are utilized for trading through this broker at maximum efficiency, and a minimum trade amount again of 1 micro lot is imposed, keeping pepperstone very accessible to all.

3. Fxpro

Signing up for a PAMM account with fxpro is highly beneficial and is a great way to ensure your funds go far. Money managers can allocate funds in the way they feel is best, utilise expert advisors and receive comprehensive reports on their performance. But perhaps one of fxpro’s most tempting offerings is that it is possible to earn a rebate, which is quite unique, and could be a great incentive to trade more. When it comes to trading commissions, mark-up, and performance fees, these can be set by the individual money manager which provides some level of flexibility in the approach with fxpro.

PAMM accounts can also utilize EA’s fully to create the best possible trading situations, and a variety of different allocation methods can be implemented to ensure there is something suitable to all traders. Allocation can be based on proportional equity against balance, or as an equity percentage allocation.

How forex PAMM accounts work

Interested in trading foreign currency exchange markets but don't have the time or know-how to trade forex? Forex PAMM accounts may be a good choice for you. (related reading: introduction to currency trading)

What is a PAMM account?

Percentage allocation management module, also known as percentage allocation money management or PAMM, is a form of pooled money forex trading. An investor gets to allocate his or her money in desired proportion to the qualified trader(s)/money manager(s) of his or her choice. These traders/managers may manage multiple forex trading accounts using their own capital and such pooled moneys, with an aim to generate profits.

To demonstrate PAMM accounts further, let’s look at an example:

The participants in the PAMM account setup:

The investors (say peter, paul, and phil) are interested in reaping profits from forex trading, but they either don't have time to devote to trading activities or don’t have sufficient knowledge to trade forex. Enter the professional money managers (marcus and mathew), who have expertise in trading and managing other people’s money (like a mutual fund manager), along with their individual trading capital. The forex trading firm signs up marcus and mathew as money managers for managing other investors’ money. The investors (peter, paul and phil) also signup with limited power of attorney (LPOA). The crux of the signed agreement is that investors agree to take the risk for the forex trades, by giving their capital to their chosen money manager who will use the pooled money to trade forex per his trading style and strategy. It also states how much the money (or percentage) the manager will charge as his take for offering this service.

For simplicity of example, let’s assume that all three investors chose marcus to manage their share of money for forex trading and marcus charges 10% of the profit.

In terms of percentage contribution to the total pooled PAMM fund of $ 15,000, each investor has the following share:

Paul = $4,000 / $15,000 = 26.67% and similarly,

Top 10 best PAMM forex brokers for 2021

Top rated:

Are you looking for the best PAMM forex brokers because you don’t necessarily have the funds or knowledge to trade forex yourself, but still want to make a profit?

PAMM accounts brokers can come in all different shapes and sizes and even different names.

Whichever pamm broker you decide to sign up with, ensure it is one you can trust.

What’s a PAMM account?

Starting from the basics, PAMM stands for percentage allocation money management, and as the name would suggest, this is a type of managed account.

Top 10 best forex pamm brokers of 2021

Here’s our list of the best PAMM account forex brokers:

1. IC markets

2. Pepperstone

3. Fxpro

Best PAMM forex brokers for 2021

Below you will find a list of forex brokers that provide an opportunity to open your own PAMM-account or choose one from the pool and invest into it. The percentage allocation money management (PAMM) is a form of integrated trading in exchange markets. You can either become an investor or money manager. The service is designed to benefit both sides. Some traders make profits from utilization of third-party capital, others allocate their funds and just monitor trading activity and check outgoing results. Thoughtful compilation of PAMM investment portfolio and its accurate maintenance may ensure good profitability and continuous capital increase.

Who is a PAMM forex broker? A PAMM forex broker is a brokerage platform that offers the passive investment model in forex that is known as the percentage allocation management module (PAMM). This is essentially a fund management system in forex which requires that the managing partner has a vested interest in the fund being managed. Essentially a PAMM account is setup by an individual who must generate sufficient profitable trading history. Based on this history, this individual can use the PAMM forex broker’s engine to make a call to other investors that have the funds but not the time or the skills to trade, to contribute money to a pooled fund for a share of any profits that accrue from the fund after a trading cycle is completed. All pooled funds are usually managed from a single PAMM account.

Profits and losses are shared in the same percentage as the pooled fund contributions from all investors. In addition, the manager of the fund (i.E. The one who trades the PAMM account actively) is entitled to a performance fee payment from every investor in the PAMM account fund.

How does a PAMM system work?

The PAMM system begins with the active trader that opens the PAMM account, commonly referred to as the master or the manager on many PAMM account broker platforms. The manager will first assign some capital and commit it to a trading process for a period of time, to show consistency and profitability.

Once some profit history has been generated, the manager will put out a proposal inviting investors to place funds with the PAMM account to benefit from his/her trading strategies. Payment cycles are decided, ratios are apportioned according to the equity stake of each investor in the fund, and the compensation of the manager from each investor’s profits is also decided. These are all referred to as the offer parameters. Once the offer parameters are all settled, trading can begin.

What to look for in a PAMM forex broker

Just as is the case with copy trading, there will usually be a lot of traders who advertise their services as potential managers of PAMM accounts. However, only few will be suitable PAMM managers. Therefore, a PAMM forex broker should be able to provide a solid ranking system that will enable investors to seek out the most suitable PAMM account managers for their business. The PAMM forex broker should also be able to provide a system that effectively ranks the performances of traders seeking to manage PAMM accounts.

A) account rankings

The PAMM account ranking refers to the systems used by PAMM forex brokers to rate the performance of active PAMM accounts. The rating system is usually based on performance over time. Ratings will display the best performing PAMM accounts, usually in descending order. Parameters that are used in the ranking system include the following:

Total percentage gain on the PAMM account as at the time of viewing.

The daily percentage gain/loss, which is usually calculated from the previous day’s profits or losses.

Duration that the account has been in operation.

Maximum drawdown percentage, which is the maximum loss (realized or unrealized) that the account has been made to face during the course of trading.

Performance chart, which shows the performance of the PAMM account in graphical format. This chart is especially important as it shows the risk profile that the PAMM account manager is trading with, as well as the consistency of performance.

Rate or return, which is the ratio of realized/unrealized profits or losses to the allocated capital.

The ranking of the best managers is not static, but changes according to performance changes.

B) follower rankings

For a potential PAMM investor, it is not enough to have the trade data mentioned above from the PAMM account; you would also want to know how investors are doing with various PAMM accounts. Therefore, a PAMM forex broker should be able to display the following information for PAMM investors:

The date that the investor joined the PAMM account.

The percentage gain/loss sustained by the investors

The performance charts for investors following a particular PAMM account.

Depending on the PAMM forex broker, there may be provisions for more comprehensive analysis of PAMM accounts which will allow potential investors to get all the information that they need to make an informed choice.

Another aspect of the PAMM account system is the referral system, which allows those who refer investors to the PAMM forex brokerage system to earn from their affiliate work. Not all PAMM forex brokers will offer an affiliate system for this facility.

Other PAMM forex broker responsibilities

As the PAMM account system brings together different people who hardly know each other on a personal basis and therefore can make no guarantees on the honesty or trustworthiness of one other, it is the responsibility of PAMM forex brokers to ensure the safety and security of funds of all participants. Therefore, PAMM forex brokers generally have the following rules in place:

The managers have no power to withdraw funds from the PAMM account once the system is in place. Only when agreements have been reached to dissolve the arrangement can the manager and other investors each get their money individually.

Payment of performance fees for managers as well as profit/loss distribution to all investors are performed automatically by the PAMM forex brokers. Neither the manager nor the investors can perform this function. This function is done in a timely fashion, so that no one has to chase the other for payment of any profits or performance fees.

The investors retain the right to assign and revoke funds to the PAMM account system. The investors also reserve the right to make offers to the managers with their own parameters.

The selection process by which investors choose managers is made as simple and as transparent as possible via the provision of a comprehensive rating system.

Performance charts can provide at a glance, critical information such as the risk setting and consistency of performance of a PAMM account. These charts are updated using specialized algorithms.

All records are publicly available and can be viewed and confirmed by all vested parties.

The list below shows a list of PAMM forex brokers that we have assessed and found suitable for use by our readers. They are suitable for traders who want to become managers of the pooled funds and also great for investors who are looking for where they can get allocated returns in a safe and transparent setting. Are you an affiliate looking for how to earn from referring investors to the system? Some of these brokers provide affiliate payouts for PAMM account referrals as well.

This is a service that has the potential to benefit you in three ways. Feel free to make a choice from the PAMM forex brokers that are listed below and enjoy the best that percentage allocated money management has to offer.

How forex PAMM accounts work

What is a PAMM account?

To demonstrate PAMM accounts further, let’s look at an example:

The participants in the PAMM account setup:

For simplicity of example, let’s assume that all three investors chose marcus to manage their share of money for forex trading and marcus charges 10% of the profit.

In terms of percentage contribution to the total pooled PAMM fund of $ 15,000, each investor has the following share:

Paul = $4,000 / $15,000 = 26.67% and similarly,

About GC forex PAMM

As a trader and investor one knows the potential of the financial markets to make profits. The key element for someone to be successful in these markets is through skill and knowledge. If you are the person with no skills and time to spend on markets here is the great opportunity to leverage skills of the other successful traders to fetch you the growth you desired using our GC PAMM technology.

GC PAMM offers the cutting edge technology to enable a soft agreement between the masters and followers and auto execute the transactions as per the agreement. GC PAMM offers a great platform for the masters showcase their skills and stand front on the leader board. We promote the top 10 performers and help you to reach maximum traders to follow.

GC PAMM enables complete transparency at executing the transactions in an automatic mode in timely manner. With GC PAMM followers have complete control over all the performance fee paid, commissions, fees, deposits and withdrawals as per the agreement made at the time of following a master account. GC PAMM is fully automated tool which executes the performance calculations in a timely manner with no delays.

How to become PAMM master

How to become PAMM follower

Open GC forex account

Request for a PAMM account

Set up your PAMM offers.

Make a deposit to your PAMM MT4

Promote your PAMM and attract the followers.

Open GC forex account

Request for a PAMM account

Search for your favourite PAMM master.

Copy any PAMM master who is a pro.

Withdraw your profits any time.

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We will assist you 24/5

Request call-back

We offer clients transparent pricing on a wide range of currency pairs. Manage your market exposure and apply your forex trading strategy via an MT4 trading account with GC forex.

Head office

All investments entail risks and may result in both profits and losses. In particular, trading leveraged derivative products such as foreign exchange (forex) and contracts for difference (cfds) carries a high level of risk to your capital. All these derivative products, many of which are leveraged, may not be appropriate for all investors. The effect of leverage is that both gains and losses are magnified. The prices of leveraged derivative products may change to your disadvantage very quickly, it is possible for you to lose more than your invested capital and you may be required to make further payments. It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. Before deciding to invest in any financial product, you should carefully consider your investment objectives, trading knowledge and experience and affordability. You should seek independent professional financial advice if you do not understand the risks involved. You should only trade in forex and cfds if you have sufficient knowledge and experience of the risks involved in trading such products and if you are dealing with money that you can afford to lose. GC assumes no liability for any loss sustained from trading in accordance with a recommendation. This website, including the information and materials contained in it, are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in the united states or any other jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation.

GC forex is A trading name of gemini capital LLC. Gemini capital LLC is A company duly incorporated in saint vincent & the grenadines and registered by the financial services authority (‘FSA’) under number 228 LLC 2019. Our registered address is located at hinds building, kingstown, saint vincent and the grenadines.

Trading rules

The trading platform is MT4.

The contest is only suitable for both manual and EA trades.

Any kind of arbitrage trading or any other abuse with pricing and/or quotes, as well as the usage of failures in the quote flow for getting guaranteed profit is not allowed.

Disqualification

Any kind of arbitrage trading or any other abuse with pricing and/or quotes, as well as the usage of failures in the quote flow for getting guaranteed profit will be subject to disqualification from the contest.

Any participant of the trading contest who violates or abuses the terms of use of the

Company’s services will be subject to disqualification from the contest for that week.

Use of participants information for promotional purposes

Subject to the terms and conditions stated herein, any and all weekly winners hereby allow their respective initials, location, winner’s survey and trading record for the trading week to be published and/or distributed by GC, its agent and successors during and after the termination or expiry of the contests.

Personal information such as, but not limited to, your full name, address and account number(s) will not be published.

Reservation of rights

GC reserves the right, at its reasonable discretion, to discontinue the trading contest without any prior notification. In the event of any dispute, GC’s decision shall be final and conclusive.

GC reserves the right to alter, amend or terminate the trading contest, or any aspect of it, at any time. GC is not obliged to warn customers about changes in the trading contest. The client is obliged to comply with all the rules and conditions of the trading contest, as well as monitor their changes.

Any indication or suspicion, in the company’s reasonable discretion, of any form of arbitrage, abuse, fraud, manipulation, cash-back arbitrage will nullify all transactions carried and/or profits or losses in that trading account.

This terms & conditions page has been prepared in different languages, and whilst all versions are considered authentic and accurate, in case of any disputes and their resolution the english version shall be deemed primary for legal purposes and shall prevail over others.

In case of any dispute, GC has sole and final discretion of interpretation of these terms and conditions.

Risk warning

About GC

GC is an international organization lead by industry professionals with over 50 years of experience in the financial services sector.

Committed to providing efficient, strategic and comprehensive trading solutions to our clients, we pride ourselves in offering both cutting edge technology and sophisticated customer service.

So, let's see, what was the most valuable thing of this article: A new investing tool that can make cooperation between successful traders and investors as easy as never before. Copy trades and automize your profit now! At pamm fx