PAMM Accounts - General Information

Hey Forex! What is a PAMM Account?
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 cho...
Thu, 7 Oct, 2021 at 5:02 PM
Hey Forex! How does a PAMM Account work?
Let’s say John and Marcus are interested in making profits from trading, however, they are not into trading activities and do not have sufficient knowledge ...
Thu, 7 Oct, 2021 at 4:50 PM
Hey Forex! What is an Investor?
A PAMM Investor is a person who does not wish to trade on their own and would like to invest with a Money Manager to trade for them. Investors fund the ...
Thu, 7 Oct, 2021 at 4:26 PM
Hey Forex! What is a Money Manager?
A PAMM Money Manager is an experienced trader who will trade for Investors for a percentage set by themselves.  They will open a fund where Investors wi...
Thu, 7 Oct, 2021 at 4:14 PM
Hey Forex! What is a Pool of Funds?
The pool of funds in PAMM accounts refers to the funds allocated by the Investors for the Money Managers to trade with.  The pool of funds is always fu...
Thu, 7 Oct, 2021 at 4:26 PM
Hey Forex! Which Currencies can I select for PAMM Accounts?
Creating a Money Manager account: Your manager account's currency will be chosen automatically depending on your HeyForex account's main curre...
Thu, 7 Oct, 2021 at 4:13 PM
Hey Forex! What is the Margin Call and Stop Out Levels for a PAMM Account?
The Margin Call and Stop Out levels for PAMM accounts do not differ from regular ECN accounts. Margin Call: 100% Stop Out level: 70% If a 100% ma...
Thu, 7 Oct, 2021 at 4:26 PM
Hey Forex! What are the Leverage Options for PAMM Accounts?
Since the Money Manager is responsible for the trading aspect, the leverage is only applicable from their side. When creating a PAMM Manager account, fo...
Thu, 7 Oct, 2021 at 4:32 PM
Hey Forex! Is Profit Guaranteed for PAMM Funds?
Investing in PAMM funds does not guarantee a profit in any way. Trading offers both pros and cons which are likely to occur.  Before making investment d...
Thu, 7 Oct, 2021 at 4:26 PM
Hey Forex! Who is Liable for any Issues with the Investment?
In respect of PAMM Accounts, HeyForex is simply the technical facilitator between the Money Manager and Investor and does not shoulder any liability. The I...
Thu, 21 Oct, 2021 at 5:21 PM