What are PAMM Accounts?
A PAMM Account is usually a series of trading managed accounts, which are unified to form an independent unified trading structure, where trades are carried out only by the money manager of the PAMM Account. The series of managed accounts that comprise the consolidated PAMM Account are handled by the trading platform as a single account.
The principle by which PAMM accounts work is the proportional distribution of gains and losses among the various investors whose accounts form the PAMM account. PAMM account provides benefits to all participants, as an investor can potentially obtain high profits without having to make a single trade by itself and the account manager receives a percentage of the profits and the possibility to access large amounts of capital.