The PAMM system is an investment scheme model provided by brokers as a means between traders and investors or what can be called fund managers and investors. PAMM itself stands for Percentage Allocation Management Module.

In the PAMM system, traders open a PAMM account, also known as a master account, and deposit according to broker policy, at FXOpen to open a PAMM master account you need at least $200.

Investing in the PAMM system is not without risk, all profits will really depend on the fund manager or account manager. If the fund manager can work well, the trading performance always makes a profit, then investors will get a portion of the profits based on the amount of their investment.

So how can you make a profit from PAMM investments, here are some tips you might try.

  • Focus on PAMM accounts that are ranked in the top ten in the monitoring system, monitor account performance for how long the trader has been an account manager. FXOpen usually releases the top ten PAMMs on their official blog every month.
  • Read all the statistics on the performance of the PAMm account, you can find some important information such as total gain, pairs traded and so on.
  • Find out whether the fund manager works manually or uses a robot. If you use a robot, you need to be careful because the robot works non-stop and market dynamics may cause the robot to fail.
  • Choose a PAMM account that has more subscribers, which allows it to gain the trust of more investors.
  • Always remember, today's performance does not guarantee future results, still adhere to the golden rule of investing money in high risk business, only spend money that you can afford to lose.