Percentage Allocation Management Module (PAMM) is a method for people to invest money into a fund and have an experienced trader handle their funds. The people who invest these funds are known as Investors whereas the handler of these funds is known as a Money Manager.
The Money Manager will place their offer to potential investors before they join their fund so that they can decide if they agree with the Money Manager’s handling fees. The profit generated from the pooled funds is managed by the Money Manager according to the investments made by the Investors.
Kindly note that PAMM Money Manager accounts can only be opened with USD as a currency.