PAMM - Percentage Allocation Management Module.
A PAMM account is a form of pooled money for trading. An Investor decides to allocate his funds in a chosen pool opened by a Money Manager (Trader) to allow the funds to be used for trading by the Money Manager himself.
An offer will be set by the Money Makers to the investors before joining the pool in agreement to investing which gives the Money Manager their payout from trading to profit their investors. The Money Managers will manage the pool's profit depending on the investments made by the Investors.
For further insight on how a PAMM account works, please click here.
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