PAMM accounts are a popular option for investors who want to participate in the Forex market but don't have the time, knowledge, or skills to trade on their own.
A professional trader creates a PAMM account and deposits their own capital.
Other investors can contribute funds to the PAMM account. They have no control over the transactions, but they benefit (or suffer losses) based on the manager's performance.
The profits and losses generated by the manager are distributed proportionally among all participants, according to the percentage of capital that each one has contributed.
Investors can monitor PAMM account operations and performance in real time, but they cannot interfere with the manager's trading decisions.
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