PFSoft has updated the PAMM-accounts system on its Protrader 2 trading platform. Using this service every platform user can create a PAMM-account and manage both their own assets and investors’ funds simultaneously. Note that with a PAMM-account a trader can operate on any market, including FX, stocks or futures.
The PAMM-service can provide flexible opportunities for fund managers. It is a combination of several managed accounts of investors who can check the statistics of all PAMM-managers and choose the one they prefer. All shares are kept on the manager’s account and at the end of a trading period investors receive their portions of the whole deposit, and the manager receives his reward. This fully-transparent system operates on the basis of an open-ended fund and permits brokers to provide more comprehensive services for their clients.