PAMM Explained
A PAMM Account is a form of combined trading account that enables an investor to allocate his or her money from their own account to the account of a more experienced trader/manager.
In simple terms, a PAMM Account is an open trading account that is deposited with investor funds and managed by a broker i.e. Stoic FX.
Who Uses PAMM?
The participants of a PAMM account include traders or Money Managers, Investors, and a Broker.
Money Managers
The Money Managers, aka the professionals, have the expertize in trading and managing individuals’ funds along with their trading capital.
The Investor
The Investors are interested in leveraging the expertize of more experienced traders to invest their funds and make profits on the financial markets.
The Broker
Stoic FX provides a reliable platform that facilitates the agreement between the Money Managers and Investors, allowing the use of pooled funds as trading capital.
The Advantage for Investors
A key benefit of PAMM Accounts for investors is that they benefit from the trading expertize of successful managers. Another key driver is that you can diversify your investments across multiple PAMM Accounts enabling the spread of risk.
The Advantage for Managers
For more experienced traders, a PAMM Manager Account can offer multiple benefits. It gives them the opportunity to act as money managers and make profits not only from their own trades but from the trades they execute on behalf of the investor.
Conquer your Goals
Enjoy next-level trading conditions, expert support and groundbreaking technology.
