PAMM Account
A PAMM account, which stands for Percentage Allocation Money Management, is a professional solution designed for investors and account managers. In this setup, the account manager serves as the Investment Manager, while clients are referred to as Investors.
Operation
Independent trading can present challenges for individual investors due to limited capital for certain trading strategies. However, a PAMM account overcomes this obstacle by allowing the Investment Manager to pool funds from multiple investors, based on a chosen trading strategy. Investors can then receive a proportionate share of profits generated through the Investment Manager's trading activities. For Investment Managers, a PAMM account provides the opportunity to pool substantial funds from investors and earn a performance fee, all while trading with a larger capital base. The profits are typically distributed based on the investors' contributed amount as a percentage of the overall capital in the PAMM account.
Account Info
By partnering with Axon Markets, fund managers gain access to a comprehensive platform for aggregating investments from various clients into a single trading account. Additionally, they have the flexibility to adjust their performance fees and offer rewards to introducing agents.
Control
Complete control over trading decisions for the Fund Manager
Flexibility
Flexibility in setting performance fees and commissions
Automation
Streamlined onboarding process through automation
Precise Accounting
Precise accounting for rounding up on small PnL trades.
Compatibility
Compatible with popular platforms like MT5
Unlimited Investors
Unlimited admission of investors into funds
Interface
Web-based interface for convenient access
Account Management
Convenient access to implement various strategies, including EAs