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PAMM Forex Brokers: Managed Account Brokers

Compare forex brokers that offer PAMM (Percentage Allocation Management Module) accounts. Invest with a money manager who trades a pooled account, and profit or loss is shared in proportion to your deposit.

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Our editors' picks this month, ranked by user rating, bonus value and account conditions.

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PAMM Forex Brokers Comparison Table

PAMM Forex Brokers Comparison Table
BrokerTrading PlatformBroker TypeMin. DepositPromotionUser ReviewsOfficial Site
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How a PAMM Account Works

In a PAMM account a money manager trades one master account. Investors' deposits are pooled, and every profit or loss is split according to each investor's share of the pool.

The manager normally takes a performance fee. Before you invest, review the manager's track record, maximum drawdown, minimum investment and the lock-up period for withdrawals.

How We Review Forex Brokers

Every broker on FXNewBonus is checked against the same list, so you can compare brokers on equal terms. We open demo and live accounts, test deposits and withdrawals, read the bonus terms line by line and collect ratings from real traders.

Regulation and safety

Licence, segregated client funds, negative balance protection and company history.

Trading costs

Average EUR/USD spread, commission per lot, swap rates and inactivity fees.

Trading platforms

MetaTrader 4, MetaTrader 5, cTrader, web trader and mobile apps, plus execution speed.

Bonus and promotions

No deposit bonus, deposit bonus, rebates and the real trading volume needed to withdraw.

Deposit and withdrawal

Minimum deposit, payment methods, processing time and withdrawal fees.

Support and user reviews

Live chat response time, support languages and verified ratings from our readers.

How to Open an Account With a Forex Broker

  1. Compare brokers in the table above and shortlist two or three that match your platform and budget.
  2. Read the full review using "View Profile" to check regulation, fees and bonus rules.
  3. Open a demo account to test execution, spreads and the mobile app.
  4. Verify your identity with a passport or ID and a proof of address.
  5. Fund your account or claim a no deposit bonus, then start with a small position size.

PAMM Forex Brokers: Frequently Asked Questions

What does PAMM stand for?

Percentage Allocation Management Module – a system that allocates trades and results to investors by their share of the pool.

Can I lose money in a PAMM account?

Yes. Losses are shared the same way as profits, so only invest what you can afford to lose.

How do PAMM managers get paid?

Usually through a performance fee on new profits, sometimes plus a management fee.