This short review introduces "PAMM" which stands for Percentage Allocation Management Module.
Basically, with the PAMM account you let an experienced Forex professional, called the "Manager" trade for you. Alternatively, you could accept investments from other traders. In this case you become the Manager yourself. The profits or losses are distributed proportionally to individual managed accounts, based on each Investor's (including the Manager's) level of investment.
InstaForex offers you the both functions: Trader or Investor after you fill in an application form and become a full-fledged member of the InstaForex PAMM-system. Depending on which function you have chosen in the PAMM-system (Trader or Investor) you may accept investments or invest in other traders, whose accounts are available at the Monitoring page of the main site or in the client cabinet, section PAMM-Trader monitoring.
Trading Platform : MetaTrader 4 and 5
Established : 2007
Accounts : Demo, Mini, Micro, Standard, Eurica, Cent Accounts
Bonus : up to $5,000, welcome bonus: 30% on each deposit
Demo Account : Yes (unlimited time)
Min. initial Deposit : $1
Payment Options : Webmoney, e-Gold, RuPay, Pay-pal, e-Bullion, Moneybookers, Yandex.dengi, WireTransfer
Spread : from 2 pips
Max. Leverage : 1:1,000
Currencies : 107
Extra Fee : None
Languages: English, Russian, Indonesian, Malaysian, German, Chinese, Iranian, French, Arabic, Portuguese, Latvian, Georgian, Turkish, Thai, Romanian, Azerbaijani, Japanese, Spanish, Indian, Lithuanian, Polish, Slovakia, Czech, Italian, Pakistani