PAMM stands for Percent Allocation Money Management or Percentage Allocation Management Module.
It is a forex account that is composed of one or several trading accounts being carried out by a manager. The manager is an experienced Forex professional responsible for all of the trading. The PAMM Account can be thought of as both a trading account and a financial investment. It is equally good for beginners of forex and for experienced inverstors. The PAMM account can be combined with individual trading. This way the beginners can compare their strategy with the ones offered by the manager.