PAMM can make many sub-accounts trade through one main account at the meantime. The broker agents can trade for many clients at the meantime through this plug-in.
The PAMM management account allocates orders from the main account to the sub-account based on the proportion of the sub-account balance.
The number of lots that can be allocated to the sub-account is equal to the balance ratio between the sub-account and the main account, multiplied by the number of orders placed on the main account.
In the MT4 software, the main account supports trading operations, and the sub-account cannot be traded, but the profit and loss and transaction history can be browsed.
You can submit the application for PAMM through sending email to firstname.lastname@example.org and state the specific requirements such as, the ID number of introducing agents, spread mode, commission mode and so on. After the new PAMM set, you can receive the account and password of the main account.
*It should be noted that there is no fund in the main account and the main account is only the congregation of the sub-accounts. If you also want to add funds in the main account, you have to add a sub-account alone.
Trading foreign exchange on margin carries high potential rewards but also high potential risks that may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience and risk appetite. Past performance is not indicative of future results, which can vary due to market volatility. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
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