PAMM (Percentage Allocation Money Management) brokers let money managers easily manage funds on behalf of investors from a single trading account.
Investors can invest in a PAMM-strategy and let an experienced money manager manage their funds.
The money manager will charge the investor a fixed performance fee on the profits made, following a high-water-mark model.
A PAMM consists collective pool of funds from investors, which a Master Account controls.
The profit (or loss) from the collective pool will be distributed percentage-vise to the sub-accounts (investors).
Not every broker will offer you a PAMM account as it will usually depend on your track record and in which jurisdiction the broker is regulated.
Brokers regulated within the EU, will for instance only offer a PAMM account to licensed money managers.
Best PAMM Brokers
All the brokers below offer PAMM accounts for both Money Managers and investors willing to invest in a PAMM.
Please note that the brokers below are regulated in several jurisdictions and only certain entities of the brokerage group offer PAMM accounts.
Skilling – Best PAMM Broker 2022
Skilling is regulated by CySEC and the Seychelles FSA, and only the Seychelles entity offers PAMM/MAM accounts for managers without a license.
Skilling is Scandinavian-owned and is used by thousands of professional traders from across the world.
🏆 Best Overall Broker 2022
✅ Up to 1:500 leverage
✅ Skilling Trader, MT4 & cTrader
✅ 900+ instruments
✅ Nordic Fintech
✅ Fast 24/5 customer support
Pepperstone
Pepperstone is a well-known FX and CFDs broker also offering PAMM through certain entities.
🏆 Best TradingView Broker 2022
✅ 1:30 | 1:400 leverage
✅ MT4, MT5 & cTrader
✅ 1200+ instruments
✅ Raw interbank spreads
✅ Fast 24/5 customer support
Blueberry Markets
Blueberry Markets offers PAMM/MAM solutions to licensed fund managers and individuals with more than three years of trading experience.
🏆 Best MetaTrader Broker 2022
✅ 1:500 Leverage
✅ Spreads from 0.0
✅ No Dealing Desk (NDD)
✅ Top Rated Broker with FPA
✅ 24/7 Customer Support
Conclusion
PAMM accounts are becoming increasingly more popular and can be a great way for investors to get exposure to various markets.
A PAMM Manager will usually charge you a performance fee (20% is typical) following a high-water mark model.
