Best PAMM Forex Account Brokers
Best Forex Brokers for 2021
| Broker | Bonus | Deposit* | Leverage* | Regulation | Visit |
|---|---|---|---|---|---|
|
XM
|
Bonus: 15% up to $500 | Min. Deposit: $200 | Max. Leverage: 1:30 | 1:200 |
Regulation:
|
Visit XM XM review |
|
FBS
|
Bonus: 100% up to No limit | Min. Deposit: - | Max. Leverage: 1:1,000 |
Regulation:
|
Visit FBS FBS review |
|
HYCM
|
Bonus: 10% up to $5000 | Min. Deposit: $100 | Max. Leverage: 1:20 | 1:500 |
Regulation:
|
Visit HYCM HYCM review |
|
AvaTrade
|
Bonus: 20% up to $10,000 | Min. Deposit: $100 | Max. Leverage: 1:20 | 1:400 |
Regulation:
|
Visit AvaTrade AvaTrade review |
|
Alpari
|
Bonus: | Min. Deposit: $5 | Max. Leverage: 1:400 |
Regulation:
|
Visit Alpari Alpari review |
|
FP Markets
|
Bonus: | Min. Deposit: $100 | Max. Leverage: 1:500 |
Regulation:
|
Visit FP Markets FP Markets review |
The above table contains the top ranked forex brokers in our database for opening a PAMM account.
What is PAMM Forex Account?
PAMM stands for Percentage Allocation Management Module and it is a feature which allows clients to invest funds into a 3rd party account, which is typically managed by a professional trader.
In principle it’s very similar to investing your money into a managed fund – the money from all people investing is pooled together and the fund manager attempts to grow the money. You are allocated a percentage based on the amount you put into the pool.
Traditionally, they are invested in shares, cash, bonds, property portfolios, etc. This is the forex version of a similar concept.