The Percent Allocation Management Module (PAMM) is a technical solution provided by Forex FS.
The PAMM is a simple and powerful tool to manage multiple client accounts in a sophisticated and at the same time transparent way.
PAMM uses a simple method of allocation and allows the depositing and withdrawal of funds at any time.
Once a deposit is made, the client receives an allocated percentage of the Master account equity and all future calculations are based on this allocation.
Master account balance/equity = ∑ Connected client account balances/equities
The PAMM is accesible via a web based Client Portal, where Trading Strategy Providers (TSP) have the ability to set up specific conditions for their strategies.
These conditions include:
TSP are also able to set up multiple strategies to reflect different conditions to suit different trading styles.