Prominent aspects to utilize PAMM account are as follows :
To analyze and then choose the manager to “COPY” the trades.
The manager profits from the fee, the investor set for their services.
Any investor can check the manager’s actions at any given time.
This service is beneficiary for both investors and their managers. The manager does not have to worry about the number of investors connected to the account, as he/she only have to trade using own funds. This investor doesn’t transfer the funds to the manager’s account, which ensures additional security.
Investors can specify the invested amount of funds independently, and monitor every trade being copied. Moreover, the investor can connect the account to several managers to diversify the portfolio and minimize risks.