PAMM Forex Broker
Are you looking for a PAMM Forex Broker because you do not necessarily have the knowledge or funds to trade forex yourself, but still would like to make a profit?
We can help you.
Pure Market Broker as a PAMM account broker can offer you the chance to browse and find the most suitable Strategy to follow according to your risk level and other preferences.
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.
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.
How a Forex PAMM Account Works
Percentage Allocation Management Module, also known as Percentage Allocation Money Management or PAMM, is a form of pooled money forex trading.
What is MetaTrader 4 (MT4)?
MT4 is a standalone trading platform designed to help you automate your trading. While it is commonly associated with forex trading it can be used to trade other markets as well.