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FP Markets
Regulators: CySEC,ASIC,Seychelles FSA,FSCA
MAM stands for Multi-Account Manager. This permits a range of customisable ways to sub-allocate trades in addition to the method of percentage allocation in a PAMM.
PAMM stands for Percentage Allocation Management Module Manager which is a form of pooled money forex trading. This software means investors can be part of a set of sub-accounts which are traded together by a money manager or trader who has permission from clients to trade their accounts under a LPOA (Limited Power of Attorney).
This information is sourced from FP Markets, as indicated in the attached screenshot of their website. FP Markets provides these tools and explicitly explains the terms, the benefits they offer, and how they function. You can find all these details on the "Mam-Pamm" page under the "Platforms-Trading Tools" section. For any further inquiries, it is recommended to contact their customer service.
Could I get more details about which licenses FP Markets use? Would you recommend this broker?
Does fp markets charge any commissions? Please assist.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.
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