The 10 Best Forex Brokers with PAMM Accounts revealed. We have rated and reviewed the Best PAMM Account Forex Brokers.
This is a complete listing of The 10 Best PAMM Account Forex Brokers. In this in-depth write-up you will learn:
and much, much more!
PAMM, otherwise known as percentage allocation management module and percentage allocation money management refers to pooled money forex trading. A PAMM account allows traders to allocate their capital in desired proportion to the qualified trader(s)/money manager(s) of their choice.
Broker | PAMM Account | Min. Deposit (USD) | Leverage | Open an Account |
AvaTrade | Yes | $100 USD | 1:400 | Click Here |
RoboForex | Yes | $10 USD | 1:2000 | Click Here |
FxPro | Yes | $100 USD | 1:500 | Click Here |
IC Markets | Yes | $200 USD | 1:500 | Click Here |
FP Markets | Yes | $100 USD | 1:500 | Click Here |
Pepperstone | Yes | $0 USD | 500:1 | Click Here |
HFM | Yes | $5 USD | 1:1000 | Click Here |
FBS | Yes | $5 USD | 1:3000 | Click Here |
eToro | Yes | $50 USD | 1:30 | Click Here |
Oanda | Yes | $0 USD | 1:200 | Click Here |
AvaTrade empowers investors to trade CFDs on FX, Stocks, Commodities, Crypto, Indices & Options. AvaTrade trading conditions and charges include Zero Fees, No Commissions, a Leverage of up to 400:1, and instant execution.
Broker | AvaTrade |
FSCA regulated | Yes |
Bonus | Yes |
Trust Score | 94% |
Live support | 24/5 |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
Trading Islamic Account | Yes |
CFDs – Total Offered | 681 |
Spreads | 0,9 pips |
Withdrawal fee amount | Zero |
Trading fees class | Very Low |
Scalping Allowed | Yes |
Open a account | Click Here |
Pros | Cons |
Wide range of CFDs assets to trade – 1000+ | No Stock |
Worldwide regulated | Cryptocurrency deposit is not accepted |
Award winner | Quarterly and annual inactivity fees |
Multiple platform – MT4, MT5, etc | Costumer support is not available 24/7 |
Negative balance protection | No bonus for EU based clients |
RoboForex is a well-established service provider with over 11 years of experience in the industry. RoboForex is fully regulated by the Financial Services Commission (FSC).
Broker | Roboforex |
Regulating Authorities | IFSC |
Countries not accepted | US, Canada, Australia, and Japan |
Islamic account | Yes |
Demo Account | Yes |
Maximum Leverage | 1:2000 |
Minimum Deposit | $10 USD |
Platform Types | MT4, MT5 |
Open an Account | Click Here |
Pros | Cons |
Fast order execution | No fixed spread accounts |
8 asset classes | Don’t accept clients from US, Canada, Australia or Japan |
FxPro offers access to 0% Funding Fees, up to 1:200 Leverage, 2100+ instruments, and competitive spreads with no commission. FxPro is fully regulated by the FCA, CySEC, FSCA, and SCB.
Broker | FXPro |
Min Deposit | $100 USD |
Max Leverage | 1:500 |
Spreads from | 0.1 Pips |
MetaTrader4 | Yes |
MetaTrader5 | Yes |
Demo Account | Yes |
Islamic Account | Yes |
Open an Account | Click Here |
Pros | Cons |
Easy account opening | Only CFDs and forex |
Great customer service | High trading fees |
Free deposit and withdrawal | Inactivity fee |
IC Markets is a renowned Forex CFD provider that offers trading solutions for active day traders and scalpers. IC Markets offers cutting-edge trading platforms, low latency connectivity, and superior liquidity.
Broker | IC Markets |
Min. Deposit | $200 USD |
Spreads from | 0.0 Pips |
Commission | Selected Accounts |
Leverage | 1:500 |
Demo Account | Yes |
Islamic Account | Yes |
Open an Account | Click Here |
Pros | Cons |
Low forex fees | Limited product selection |
Fast account opening | Slow live chat support |
FP Markets is an Australian-based, multi-asset broker that serves clients from 80+ countries around the world. FP Markets offers access to CFDs across Forex, Shares, Indices, Commodities & Cryptocurrencies.
Broker | FP Markets |
Regulation | CySEC, ASIC, FSCA |
Min Deposit | $100 USD |
MT4 | Yes |
MT5 | Yes |
cTrader | Yes |
Islamic Account | Yes |
Demo Account | Yes |
Segregated Accounts | Yes |
Open an Account | Click Here |
Pros | Cons |
Low forex fees | Limited product portfolio |
Easy account opening | Outdated web platform |
Fast Funding | Outdated desktop platform |
Pepperstone was founded in 2010 in Melbourne, Australia, and processes an average of US$12.55bn of trades every day. Pepperstone is one of the world’s largest forex brokers and is trusted by over 300,000 traders around the world.
Broker | Pepperstone |
Min Deposit | $0 USD |
Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
Islamic Account | Yes |
Demo Account | Yes |
Base Currencies | 9 |
Forex Pairs | 60+ |
Share CFDs | 60+ |
Index CFDs | 16 |
Open an Account | Click Here |
Pros | Cons |
Fully digital account opening | Mostly CFDs offered |
Great customer service | Basic Trading Platforms |
HFM is a forex and commodities broker that provides award-winning trading services and facilities to both retail and institutional clients worldwide. Furthermore, HFM allows both scalpers and traders using expert advisors unrestricted access to its liquidity.
Brokers Name | HFM Ltd |
Regulation | CySEC, FCA, FSCA |
Minimum deposit | $0 |
Maximum Leverage | 1:2000 |
Asset Types | Forex, Metals, etc. |
Trading platforms | Web, MT4, MT5 |
Supported lot | 0.01 – 500 |
Demo | Yes |
Open an Account | Click Here |
Brokers Name | HFM Ltd |
Regulation | CySEC, FCA, FSCA |
Minimum deposit | $0 |
Maximum Leverage | 1:2000 |
Asset Types | Forex, Metals, etc. |
Trading platforms | Web, MT4, MT5 |
Supported lot | 0.01 – 500 |
Demo | Yes |
Open an Account | Click Here |
FBS can be summarised as a trustworthy broker with a good reputation that provides Contracts for Difference (CFDs) and trading facilities on shares, forex, commodities, cryptocurrencies, ETFs, options, and indices to a global market. FBS offers quality education material, friendly trading conditions, and research tools.
Broker | FBS |
Minimum Deposit | $1 USD |
Regulation | FSCA, CySEC |
Welcome Bonus | Yes |
Islamic Account | Yes |
Demo Account | Yes |
Max Leverage | 1:3000 |
Spreads from | 0 Pips |
Spread Type | Fixed, Floating |
Copy Trading | Yes |
Inactivity Fee | None |
Trading Platforms | MT4, MT5 |
Trading Instruments | 100+ |
Open an Account | Click Here |
Pros | Cons |
Negative Balance Protection | Limited Tradable assets |
Excellent Regulation | Limited Trading Platforms |
eToro is one of the world’s leading social investment networks. eToro aims to revolutionize the way traders invest, and enhance investors’ financial education. eToro offers a Multi-Asset platform with access to over 2,000 different financial assets.
Broker | eToro |
Minimum Deposit | $50 USD |
Account Types | Retail / Professional |
Demo Account | Yes |
Islamic Account | Yes |
Trading Platform | Proprietary |
Copy Trading | Yes |
Social Trading | Yes |
Mobile Trading | Yes |
Open an Account | Click Here |
Pros | Cons |
Used by 6,000,000+ traders | Doesn’t allow scalping |
Established in 2006 | Inactivity Fee |
Regulated by FCA, CySEC, and ASIC | Limited range of instruments |
Oanda is a trusted global brand that is best known for its reputable reputation and quality market research on offer. Oanda is extremely well-regulated and supports third-party features for an impressive overall offering.
Broker | Oanda |
Min. Deposit | $0 USD |
Demo Account | Yes |
Regulation | ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA |
MetaTrader 4 | Yes |
MetaTrader 5 | No |
Mobile Apps | iOS, Android and Windows |
Copy Trading | No |
Social Trading | No |
Islamic Account | No |
Open an Account | Click Here |
Pros | Cons |
Excellent trading platforms | Only FX and CFD available |
Great research tools | No stock exchange listing |
User-friendly | Customer support is not 24/7 |
Which PAMM Account Forex Broker from this list do you intend to test out?
What was the determining factor in your decision to engage with a certain broker?
Was it because of the PAMM Account option on offer or the Pros and Cons?
A PAMM account forex broker is a broker that offers PAMM account services to their clients. The broker provides a platform for investors to invest their funds and for money managers to manage the investments. The broker typically charges a fee for this service, which is usually a percentage of the profits earned by the money manager.
Investing in PAMM accounts offered by forex brokers can be risky, as there is always the possibility of losing some or all of your investment. Some of the risks associated with PAMM accounts include the risk of fraud or mismanagement by the fund manager, as well as the risk of market volatility and currency fluctuations. It is important to carefully research any forex broker offering PAMM accounts and to carefully consider the risks before investing your money.
Most PAMM account forex brokers provide investors with access to online dashboards that allow them to monitor the performance of their investments in real-time. These dashboards typically provide information on the fund manager’s trading activity, as well as detailed reports on the profits and losses earned by the account.
The fees associated with PAMM accounts offered by brokers can vary, but typically include a management fee, which is a percentage of the total investment, as well as a performance fee, which is a percentage of the profits earned by the fund manager. Some forex brokers, such as RoboForex, also charge additional fees for deposits, withdrawals, and other services.
To open a PAMM account with a broker, you will typically need to complete an application and provide some personal information, such as your name, address, and contact information. You may also need to provide proof of identity and residency, such as a passport or utility bill. Some forex brokers offer a simplified PAMM account registration process that allows you to start trading in just a few minutes.
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