The concept of PAMM account first started to use just a couple of years ago. In English the word PAMM means "the control percentage distribution. This mechanism is required for use in the field of trust management. It is designed to ensure that managers and investors can work together to control the percentage distribution of funds. Simply put, PAMM account is a transparent way of trust management, in which a trader can guide the total capital investors with a single account. An investor can open an account in his name, and managing the trader will not have access to the funds based there, excepting only those cases conduct financial transactions. Separation of income and losses from trading activity will be made accordingly nested members of PAMM account money in accordance with the public offer. Offer referred to an agreement between Managing a trader and investor issuing the principles of interaction with which an investor agrees to the accession to the PAMM account.
In addition, the offer – is the determinant of the percentage distribution between the investor and Managing the expected earnings. In a public offer may be the inclusion of investment period, penalties for early withdrawal of funds and other details that depend on the specific rules PAMM site. Such PAMM accounts feature is very helpful in organizing the automation of distribution of funds, and in reducing non-trading risk of both parties to the treaty. Moreover, these processes give managers an opportunity to reduce minimum level of PAMM investment up to $ 1. Such a threshold is very low compared with other types of trust treyderstva, where the minimum amount of deposits – the tens of thousands of dollars. In PAMM site includes a transparent PAMM rating accounts, which are usually sorted by the level of profitability that shows the manager of a trader at a given time. Investors also to analyze the trade skill of Trading, as well as choosing the right account for contributions to help statistical indicators, as well as PAMM rating accounts. All the risks in most areas at PAMM futile currency trading take on investors, who Supervised control their own accounts. An investor can withdraw their finances at any time, if he sees a trade manager is not quite successful. Distribution of accumulated interest, usually passes after a month: it is standard trading period of time prescribed in the offer.
