PAMM vs. MAM: 7 Key Differences - How to Open a MAM/PAMM Account in 3 Simple Steps
What sets MAM apart from PAMM?
Flexible and Customizable Trading Conditions
Rapid Deposit and Withdrawal
Transparent Fees and Commissions
Open a MAM/PAMM Account with WisunoFX
1. Sign Up
Join a top-tier multi-asset broker and choose from our range of flexible programs.
2. Refer Clients
Bring new clients to WisunoFX and expand your referral or affiliate business.
3. Increase Earnings
Earn competitive CPA or rebates from every referred account and their trades.
MAM
PAMM
Definition
A trading platform that allows a master trader to manage multiple accounts from one centralized interface.
An investment solution that enables investors to entrust funds to a manager who trades on their behalf.
Fund Allocation
Enables proportional distribution of trades across sub-accounts
Facilitates proportional distribution of trades and profits to investor accounts
Control
The master trader controls trade execution and allocation decisions.
"The manager oversees trading decisions and fund management.
Reporting
Comprehensive reporting on trades, balances, and performance across all sub-accounts
In-depth reporting on trades, balances, and performance for all investor accounts.
Investor Access
Investors have restricted access to view details about their individual sub-accounts.
Investors can view their individual accounts and track the manager’s performance.
Scalability
Ideal for handling multiple client accounts at the same time
Well-suited for overseeing substantial investments involving multiple investors
Fees
Fee structure that is adaptable and determined at the master trader's discretion.
Fees are set according to the manager’s conditions and performance.
Why Opt for an WisunoFX MAM/PAMM Account?
1. Flexible and Customizable Trading Conditions
Money managers enjoy a comprehensive, full-service solution with tailored trading terms. You can set your preferred conditions, including commissions, spread markups, account currencies, performance fees, and margin/call options. Our low commission structure and tight spreads enhance your profit margins.
2. Rapid Deposit and Withdrawal
WisunoFX enables money managers to set profit and loss targets for individual accounts with seamless trading conditions. Funds can be deposited or withdrawn from MAM/PAMM accounts easily, without disrupting trading activities.
3. Transparent Fees and Commissions
We provide real-time tracking of forex markets, ensuring commissions are credited promptly to your trading account. You can withdraw your funds at any time, and all MAM managers at WisunoFX can efficiently process successful payments to their clients.
FREQUENTLY ASKED QUESTIONS
The main differences between PAMM and MAM accounts are:
Management Structure:
PAMM: A single fund manager manages the pooled funds from multiple investors.
MAM: A manager handles multiple individual accounts from a single platform, allowing more customized management.
Allocation Method:
PAMM: Profits and losses are distributed proportionally based on each investor's share of the total fund.
MAM: Offers flexible allocation methods, including equal, proportional, or custom allocations.
Flexibility:
PAMM: Less flexibility in managing individual accounts, as all funds are pooled.
MAM: More flexibility with individual account management and strategy customization.
In a PAMM account:
1. Investors deposit funds into a central PAMM account.
2. Fund Managers trade on behalf of all investors.
3. Returns (profits or losses) are distributed according to each investor’s proportional share of the total funds.
In a MAM account:
1. Managers execute trades from a single master account.
2. Trades are allocated to multiple client accounts based on pre-set allocation methods.
3. Performance is tracked individually for each client account, allowing for tailored risk management.
Advantages of a PAMM account include:
Simplicity: Easy for investors to pool funds and benefit from professional management.
Transparency: Performance is based on the fund manager’s overall results.
Alignment: Managers earn based on performance, aligning their interests with investors.
Benefits of a MAM account include:
Customizable Allocation: Ability to choose from various allocation methods to suit individual client preferences.
Flexibility: Managers can handle multiple strategies and risk profiles.
Individual Account Management: Each account is managed according to its own settings and objectives.
Yes, investors can select from a range of PAMM managers based on their performance, strategy, and risk profile.
Yes, clients can choose a MAM manager based on their expertise, strategies, and historical performance. MAM accounts offer more direct control over manager selection and account customization.
Yes, both PAMM and MAM accounts may have associated fees, including:
Management Fees: Charged by the fund or account manager.
Performance Fees: Based on the profits generated by the account.
Other Fees: Possible additional charges for account maintenance or transactions. Refer to the fee schedule for specific details.
Profits and losses are distributed proportionally based on each investor’s share of the total PAMM account. For example, if an investor holds 10% of the total funds, they will receive 10% of the profits or losses.
Profits and losses are distributed according to the chosen allocation method, which could be:
Proportional Allocation: Based on each client’s investment size.
Equal Allocation: Trades are divided equally across accounts.
Custom Allocation: Based on specific client preferences or criteria.
The choice depends on individual needs:
PAMM: Better for investors seeking a straightforward, pooled investment managed by a professional.
MAM: Suitable for investors who want more control over individual account management and customization.
You can monitor your investments through:
Account Statements: Regular reports detailing performance, trades, and account balance.
Trading Platform: Access to performance data and updates through the trading platform.
You can monitor your investments through:
Account Statements: Detailed performance reports specific to your account.
Trading Platform: Real-time updates and performance tracking on the trading platform.
Manager Reports: Regular updates from the MAM manager regarding account performance and strategy.
Withdrawal policies may vary. Typically, you can request withdrawals according to the terms set by the PAMM manager and WisunoFx. There may be specific procedures or notice periods required.
Yes, clients can usually request withdrawals from a MAM account, subject to the terms and conditions set by WisunoFx and the MAM manager. Check with support for specific withdrawal procedures.
Risks include:
PAMM: Risk of poor performance by the fund manager affecting all investors proportionally.
MAM: Risk of individual account management and allocation affecting account performance based on the chosen strategies.
Both account types can be suitable depending on individual preferences:
PAMM: Ideal for those seeking professional management and simpler investment structure.
MAM: Suitable for those who want more control and customization of their accounts.