The Percent Allocation Management Module (PAMM) is a technical solution provided by Forex FS to Money Managers.
PAMM solution allows Money Managers to trade simultaneously on unlimited managed accounts.
Clients have the ability to intervene in their accounts despite being connected to the PAMM solution. Clients can close/adjust trades opened by PAMM as well as place their own trades in addition to the PAMM signals they receive.
Clients also have the ability to put all trading automatically on hold at a predetermined equity level. All new PAMM trade signals holt, while open trades remain managed by the PAMM signals (unless manually closed).
Depending on the size of the deposit each managed account receives a part of the trade from the Master Account. The Master Account's activity results (trades, profit and loss) are allocated between managed accounts according to the following ratio:
PAMM distributes the Master trade signal, adjusting the size of trades in proportion to the balance of each individual Slave account. The Master account is a virtual account the balance of which is equal to the sum of the balances of its Slave (client) accounts.
See Diagram 1 for a visual representation of this set up. Please also visit our IBs & Money Managers page to see other available set up options.
For superior execution our MT4 Trading Server is located in New York - EQUINIX NY4. Mobile Trading is available on Windows Mobile devices, Android and iPhone.
