The PAMM (Percentage Allocation Management Module) account at Trendo offers an intelligent solution for investors who do not have the time or expertise to trade directly. In this structure, professional traders (account managers) start trading with their own funds, while other users (investors) can connect their funds to the PAMM trader's account and share in the results of their trades.
Features of the PAMM Account at Trendo
Access to Statistical Information: Before investing, users have access to complete statistical data of PAMM accounts, including returns, losses, trading style, and trading history, allowing them to select the best account manager.
Full Transparency: All information related to performance, trades, commissions, and account changes is visible to investors in real-time.
Account Type: All PAMM accounts at Trendo, like other accounts, are of the ECN type, with the lowest spread and commission.
Investment Flexibility: Investors can increase or decrease their investment at any time or fully withdraw from a PAMM account.
Leverage for PAMM Account: The maximum leverage for these accounts is 1:500.
No Conversion to Islamic Account: These accounts cannot be converted to Islamic accounts.
Initial Capital of the Account Manager: In PAMM accounts, account managers must deposit a minimum of $500 as initial capital into the PAMM account as a guarantee.