Platforms / PAMM & MAM Accounts

PAMM & MAM managed accounts

Compare two ways to access managed trading strategies. PAMM allocates trading results proportionally among participating investors. MAM allocates a manager’s trades across separate linked client accounts.

PAMM and MAM are not limited to forex. Available markets depend on the broker, platform and account. Managed trading involves a risk of loss.

Start Now Compare MAM & PAMM

Illustrative chart — not actual or projected performance.

Percentage-based allocation

Manager-led trading

Linked client accounts

Strategy-specific terms

PAMM vs MAM: understand the difference

Both let a money manager trade on investors’ behalf. The key differences are how results or trades are allocated and how client accounts are structured. Exact arrangements depend on the provider.

PAMM

Proportional allocation

Participate in a managed strategy, with profits and losses allocated in proportion to your share. Legal and account structures vary by provider.

Account structure: Provider-specific PAMM structure
How trades happen: Results allocated proportionally
Allocation approach: Percentage participation
Reporting: Your allocated results and fees

MAM

Individual accounts

A manager places trades through a master account and allocates them across separate linked client accounts using supported allocation methods.

Account structure: Separate linked client account
How trades happen: Trades allocated from a master account
Allocation approach: Account-specific settings, if supported
Reporting: Available account and trade reports

PAMM details MAM details

What is a PAMM account?

PAMM stands for Percentage Allocation Management Module. Investors participate in a manager’s trading strategy, and profits and losses are allocated proportionally under the strategy’s terms. Fees, valuation timing and the legal account structure depend on the provider. The money manager makes the trading decisions.

1 Multiple investors participate in one strategy

2 The manager makes trading decisions

3 Results are allocated by percentage participation

Illustration: investors A, B and C participate in a manager’s strategy; results are allocated according to their respective shares.

PAMM features and considerations

Review the manager, allocation rules, reporting and strategy terms before committing funds. Features and availability depend on your account and provider.

Money manager selection

Review a manager’s available trading history, drawdowns, strategy and fees. Past performance does not guarantee future results.

Illustrative manager profiles.

Proportional profit and loss allocation

Trading results are allocated according to each investor’s percentage participation, with fees and calculation periods defined in the strategy terms.

Investor A

Investor B

Investor C

Illustrative shares: A 45%, B 32%, C 23%; not returns.

Account reporting

Check which performance, equity, fee and account-activity reports are available, and how often they are updated.

Funding terms

Check minimum allocations, top-up rules and withdrawal windows for each strategy before adding funds.

Strategy selection

Where multiple strategies are available, compare their market exposure and how closely their results move together. Diversification does not eliminate losses.

Account terms and safeguards

Review the contracting entity, applicable regulation, client-money arrangements and account safeguards in the provider’s legal documents.

Get Started with MAM/PAMM

How PAMM works

A typical PAMM process, from reviewing a strategy to checking your allocated results.

Choose a money manager

Review available managers’ trading histories, losses, drawdowns, fees and strategy risks.

Allocate your funds

Confirm eligibility, minimum allocation and strategy terms before allocating funds.

Trades are executed

The manager trades the strategy while your allocation participates under the agreed rules.

Review allocated results

Check your share of profits or losses, applicable fees and the allocation period in your statements.

PAMM: considerations for investors and managers

Investors contribute capital and managers make trading decisions under agreed allocation, fee and account terms.

For investors

Delegate trading decisions

Participate in a managed strategy while reviewing its risks, costs and results.

Understand the strategy and risk of loss
Trading decisions made by your selected manager
Review available performance and fee reports
Compare strategies where available
Check funding and withdrawal terms

For money managers

Manage a PAMM strategy

Review manager eligibility, trading permissions and reporting requirements.

Manage a strategy under agreed investor terms
Earn performance and management fees where applicable
Maintain clear performance and fee records
Confirm how investors can access your strategy
Use supported allocation and reporting tools

What is a MAM account?

MAM stands for Multi-Account Manager. A money manager uses a master account to allocate trades across separate linked client accounts. Allocation methods may use equity, balance or lot size, depending on the platform. Trading permissions, available risk settings and investor controls are governed by the account agreement.

1 Investors use separate linked client accounts

2 Manager trades are allocated across linked accounts

3 Permissions and settings follow the account agreement

Illustration: a money manager allocates trades from a master account to separate client accounts A, B and C.

MAM features and considerations

Separate client accounts can support different allocation settings. Confirm which methods, reports and permissions are available for your account.

Individual client accounts

Investors typically maintain separate linked client accounts. The account agreement defines trading authority and access to funds.

Account A Account B Account C

Manager-led trade allocation

A manager places trades centrally, and the platform allocates them to participating client accounts under the agreed method.

Illustration: trades allocated to participating accounts

Flexible allocation methods

Depending on the platform, methods may include equity, balance, fixed lots or percentage allocation. Confirm the options supported by your account.

Illustrative allocation methods

Fixed lotBalanceEquity %

Trade execution

Orders are allocated across participating accounts. Prices and fills can differ due to market conditions, account settings and execution constraints.

Account-level reporting

Review the positions, balances, trading history and performance reports made available for your account.

Risk settings and permissions

Available allocation and risk parameters depend on the platform and agreement. Check who can change settings or close positions.

How MAM works

A typical MAM process; eligibility, onboarding and permissions vary by provider.

Review account eligibility

Confirm MAM availability, eligibility and required verification with UEXO before opening an account.

Choose a money manager

Review the manager’s strategy, drawdowns, fees and trading mandate.

Agree the trading mandate

Review the trading authorization, allocation method and account-level permissions before linking your account.

Trades are executed

The platform allocates manager trades to participating accounts according to the agreed method and execution conditions.

Monitor performance

Review the account statements, positions, fees and historical results available on your platform.

MAM: considerations for investors and managers

A manager can oversee multiple client accounts, with allocations and responsibilities defined by the trading mandate.

For investors

Understand your account permissions

Review the manager’s authority and the controls available to you before linking an account.

Use a separate linked trading account
Delegate trading under an agreed mandate
Review available reports and trade history
Confirm supported allocation settings
Check deposit and withdrawal conditions

For money managers

Scale one strategy across many accounts

Review eligibility and the tools available to manage multiple client accounts.

Execute trades from one master account
Manage multiple investor accounts simultaneously
Configure supported allocation methods per client
Maintain performance and allocation records
Review linked-account reports where supported

What to review before choosing an account

Eligibility and onboarding

Legal entity and safeguards

Trading costs and fees

Available account reports

Money manager selection

Support and withdrawal terms

Review your managed account options

Compare PAMM and MAM setup steps, then confirm availability, fees, trading permissions and withdrawal terms with UEXO before applying.

Start PAMM setup Start MAM setup

PAMM & MAM frequently asked questions

What's the difference between PAMM and MAM?

PAMM allocates trading results proportionally among investors participating in a managed strategy; its legal account structure varies by provider. MAM allocates trades from a manager’s master account across separate linked client accounts. Allocation methods and investor permissions depend on the platform and agreement.

What is a PAMM account?

PAMM stands for Percentage Allocation Management Module. Investors participate in a managed trading strategy and receive a proportional allocation of profits or losses under its terms. Fees and calculation periods vary by strategy and provider.

What is a MAM account?

MAM stands for Multi-Account Manager. It allows a money manager to allocate trades from a master account across separate linked client accounts using supported allocation methods. The account agreement defines the manager’s trading authority and investor permissions.

Do I control the trades?

The money manager normally makes trading decisions in both structures. A separate MAM account does not automatically give you the right to change allocations or close manager trades. Check your trading authorization and account terms for the controls available to you.

Can I withdraw my funds?

Withdrawal availability and timing depend on the account agreement, strategy withdrawal windows, open positions and margin requirements. Review the applicable withdrawal policy before funding an account.

Is my investment guaranteed?

No. PAMM and MAM do not guarantee returns or protect capital from trading losses. CFDs and other leveraged products carry substantial risk, and you can lose your invested capital. Past performance does not guarantee future results.

Are PAMM and MAM only for forex?

No. PAMM and MAM describe account-management and trade-allocation structures, rather than an asset class. Depending on the broker and platform, they may support forex and CFDs on other markets, such as indices or commodities. Confirm which instruments UEXO supports for your account.

What fees and minimum investment apply?

Fees may include management or performance fees as well as trading costs such as spreads, commissions and overnight financing. Minimum allocations vary by provider and strategy. Review the fee schedule, calculation method and minimum funding requirement before joining.

What should a money manager confirm before applying?

Confirm eligibility with UEXO, including any required experience, authorization and onboarding documents. Review the trading mandate, fee terms, allocation tools, reporting obligations and permitted client jurisdictions before managing investor accounts.