Guide

What is a PAMM account?

A PAMM account — Percentage Allocation Management Module — is a broker-side account structure that lets a professional trader execute a single strategy across many investor accounts. Each investor keeps their own broker account and their own funds; the PAMM manager only has trading authority, never custody.

How a PAMM account works

When the manager opens a trade, the broker automatically allocates it across all subscribed investor accounts pro-rata to their equity. Profits and losses are booked in real time on the investor's own statement. Nothing is pooled, commingled or held in a fund vehicle — the broker handles allocation atomically at the trade level.

Why PAMM matters for private traders

  • Custody stays with you. Funds sit in your own regulated broker account. The manager can trade, not withdraw.
  • Full transparency. Every fill is visible on your own broker statement — no black-box NAV.
  • No lock-up. Unsubscribe from the PAMM and your account is yours again, immediately.
  • Aligned fees. Performance fees are calculated per-investor by the broker using high-water marks.

PAMM vs MAM vs copy trading

MAM (Multi-Account Manager) accounts allocate by fixed lot ratios rather than equity percentage, which suits accounts of very different sizes but is less transparent. Copy trading mirrors a signal into your account with latency and slippage. PAMM gives investors identical fills, in proportion to equity, at the same instant as the manager.

How Bohemian Capital uses PAMM

Our AI FX engine executes through PAMM at supported brokers (with SignalStart and Myfxbook as alternatives). You open a broker account, fund it in your own name, subscribe to the Bohemian PAMM, and your engine trades your equity in lockstep with every other subscriber. Withdraw or unsubscribe at any time — the "bohemian" philosophy of liquidity and freedom is baked into how the strategy is delivered.