Best PAMM Account Forex Brokers

10 Best  PAMM Account  PAMM Account  PAMM Account Forex Brokers

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 BrokersIn this in-depth write-up you will learn:

  • Who is the Best PAMM Account Forex Broker for Beginner Traders?
  • Pros and Cons of PAMM Accounts.
  • PAMM Accounts – A Definition.

 

and much, much more!

PAMM Accounts – A Definition A Definition A Definition

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.

10 Best Forex Brokers with PAMM Accounts in 2023 – A Comparison A Comparison A Comparison

🔎 Broker⚙️ PAMM Account💰 Min. Deposit (USD)📈 Leverage🚀 Open an Account
🥇 AvaTrade✅ Yes$100 USD1:400👉 Click Here
🥈 RoboForex☑️ Yes$10 USD1:2000👉 Click Here
🥉 FxPro✅ Yes$100 USD1:500👉 Click Here
🏅 IC Markets☑️ Yes$200 USD1:500👉 Click Here
📌 FP Markets✅ Yes$100 USD1:500👉 Click Here
📍 Pepperstone☑️ Yes$0 USD500:1👉 Click Here
📌 HFM✅ Yes$5 USD1:1000👉 Click Here
📍 FBS☑️ Yes$5 USD1:3000👉 Click Here
📌 eToro✅ Yes$50 USD1:30👉 Click Here
📍 Oanda☑️ Yes$0 USD1:200👉 Click Here

10 Best Forex Brokers Forex Brokers Forex Brokers with PAMM Accounts (2023)

  1. AvaTrade – Overall, Best PAMM Account Broker
  2. RoboForex – Low-Spread PAMM Account
  3. FxPro – Low Minimum Deposit
  4. IC Markets – Award-Winning Service Provider
  5. FP Markets – Best Mobile Trading Experience
  6. Pepperstone – Popular Broker Choice for Experienced Traders
  7. HFM –  Highly Regulated Broker Choice
  8. FBS – Excellent Online Trading Experience
  9. eToro – High Forex Trust Score
  10. Oanda – PAMM Account with Strict Regulation

AvaTrade AvaTrade AvaTrade

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.

AvaTrade AvaTrade AvaTrade Overview

🔎 Broker🥇 AvaTrade
📜 FSCA regulated☑️ Yes
🚀Bonus✅ Yes
🔥Trust Score94%
🔥Live support24/5
📱 MetaTrader 4 (MT4)☑️ Yes
📱 MetaTrader 5 (MT5)✅ Yes
📊Trading Islamic Account☑️ Yes
📊CFDs – Total Offered681
💰 Spreads0,9 pips
💰 Withdrawal fee amountZero
💰 Trading fees classVery Low
✔️ Scalping Allowed☑️ Yes
🚀 Open a account👉 Click Here

AvaTrade AvaTrade AvaTrade Pros and Cons

✅Pros❎Cons
Wide range of CFDs assets to trade – 1000+No Stock
Worldwide regulatedCryptocurrency deposit is not accepted
Award winnerQuarterly and annual inactivity fees
Multiple platform – MT4, MT5, etcCostumer support is not available 24/7
Negative balance protectionNo bonus for EU based clients

 

RoboForex RoboForex RoboForex

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).

RoboForex RoboForex RoboForex Overview

🔎 Broker🥇 Roboforex
⚖️ Regulating AuthoritiesIFSC
🌐 Countries not acceptedUS, Canada, Australia, and Japan
☪️ Islamic account✔️ Yes
👍 Demo Account✔️ Yes
📈 Maximum Leverage1:2000
💰 Minimum Deposit$10 USD
💻 Platform TypesMT4, MT5
🚀 Open an Account👉 Click Here

RoboForex RoboForex RoboForex Pros and Cons

✅ Pros❎ Cons
Fast order executionNo fixed spread accounts
8 asset classesDon’t accept clients from US, Canada, Australia or Japan

FxPro FxPro FxPro

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 FCACySECFSCA, and SCB.

FxPro FxPro FxPro Overview

🔎 Broker🥇 FXPro
💰 Min Deposit$100 USD
📈 Max Leverage1:500
🔁 Spreads from0.1 Pips
4️⃣ MetaTrader4☑️ Yes
5️⃣ MetaTrader5✅ Yes
🆓 Demo Account☑️ Yes
☪️ Islamic Account✅ Yes
🚀 Open an Account👉 Click Here

FxPro FxPro FxPro Pros and Cons

✅ Pros❎ Cons
Easy account openingOnly CFDs and forex
Great customer serviceHigh trading fees
Free deposit and withdrawalInactivity fee

IC Markets IC Markets IC Markets

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.

IC Markets IC Markets IC Markets Overview

🔎 Broker🥇 IC Markets
💰 Min. Deposit$200 USD
🔁 Spreads from0.0 Pips
💸 CommissionSelected Accounts
📈 Leverage1:500
🆓 Demo Account✅ Yes
☪️ Islamic Account✅ Yes
🚀 Open an Account👉 Click Here

IC Markets IC Markets IC Markets Pros and Cons

✅ Pros❎ Cons
Low forex feesLimited product selection
Fast account openingSlow live chat support

FP Markets FP Markets FP Markets

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.

FP Markets FP Markets FP Markets Overview

🔎 Broker🥇 FP Markets
📍 RegulationCySEC, 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

FP Markets FP Markets FP Markets Pros and Cons

✅ Pros❎ Cons
Low forex feesLimited product portfolio
Easy account openingOutdated web platform
Fast FundingOutdated desktop platform

Pepperstone Pepperstone Pepperstone

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.

Pepperstone Pepperstone Pepperstone Overview

🔎 Broker🥇 Pepperstone
💰 Min Deposit$0 USD
✒️ RegulationASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
☪️ Islamic Account☑️ Yes
🆓 Demo Account☑️ Yes
💵 Base Currencies9
🔁 Forex Pairs60+
📈 Share CFDs60+
📉 Index CFDs16
🚀 Open an Account👉 Click Here

Pepperstone Pepperstone Pepperstone Pros and Cons

✅ Pros❌ Cons
Fully digital account openingMostly CFDs offered
Great customer serviceBasic Trading Platforms

HFM HFM HFM

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.

HFM HFM HFM Overview

🔎 Brokers Name🥇 HFM Ltd
⚖️ RegulationCySEC, FCA, FSCA
💳 Minimum deposit$0
💰 Maximum Leverage1:2000
🔘 Asset TypesForex, Metals, etc.
📊 Trading platforms

Web, MT4, MT5

💳 Supported lot

0.01 – 500

💳 Demo☑️ Yes
🚀 Open an Account👉 Click Here

HFM HFM HFM Pros and Cons

🔎 Brokers Name🥇 HFM Ltd
⚖️ RegulationCySEC, FCA, FSCA
💳 Minimum deposit$0
💰 Maximum Leverage1:2000
🔘 Asset TypesForex, Metals, etc.
📊 Trading platforms

Web, MT4, MT5

💳 Supported lot

0.01 – 500

💳 Demo☑️ Yes
🚀 Open an Account👉 Click Here

FBS FBS FBS

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.

FBS FBS FBS Overview

🔎 Broker🥇 FBS
💰 Minimum Deposit$1 USD
📝 RegulationFSCA, CySEC
🎉 Welcome Bonus✅ Yes
☪️ Islamic Account✅ Yes
🆓 Demo Account✅ Yes
➕ Max Leverage1:3000
🔁 Spreads from0 Pips
☑️ Spread TypeFixed, Floating
📈 Copy Trading✅ Yes
🛑 Inactivity FeeNone
💻 Trading PlatformsMT4, MT5
⚙️ Trading Instruments100+
🚀 Open an Account👉 Click Here

FBS FBS FBS Pros and Cons

✅ Pros❎ Cons
Negative Balance ProtectionLimited Tradable assets
Excellent RegulationLimited Trading Platforms

eToro eToro eToro

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.

eToro eToro eToro Overview

🔎 Broker🥇 eToro
💰 Minimum Deposit$50 USD
📌 Account TypesRetail / Professional
🆓 Demo Account✅ Yes
☪️ Islamic Account☑️ Yes
💻 Trading PlatformProprietary
⚡ Copy Trading✅ Yes
📍 Social Trading☑️ Yes
📱 Mobile Trading✅ Yes
🚀 Open an Account👉 Click Here

eToro eToro eToro Pros and Cons

✔️ Pros❌ Cons
Used by 6,000,000+ tradersDoesn’t allow scalping
Established in 2006Inactivity Fee
Regulated by FCA, CySEC, and ASICLimited range of instruments

Oanda Oanda Oanda

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.

Oanda Oanda Oanda Overview

🔎 Broker🥇 Oanda
💰 Min. Deposit$0 USD
🆓 Demo Account✅ Yes
✒️ RegulationASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA
💻 MetaTrader 4☑️ Yes
🖥️ MetaTrader 5❌ No
📌 Mobile AppsiOS, Android and Windows
➕ Copy TradingNo
🤝 Social TradingNo
☪️ Islamic Account❌ No
🚀 Open an Account👉 Click Here

Oanda Oanda Oanda Pros and Cons

✅ Pros❌ Cons
Excellent trading platformsOnly FX and CFD available
Great research toolsNo stock exchange listing
User-friendlyCustomer support is not 24/7

Conclusion Conclusion Conclusion

Now it is your turn to participate:

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?

Frequently Frequently Frequently Asked Questions

What is a PAMM account forex broker?

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.

What are some risks associated with investing in PAMM accounts offered by forex brokers?

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.

How can I monitor the performance of my PAMM account with a forex broker?

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.

What are the fees associated with PAMM accounts offered by forex brokers?

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.

How do I open a PAMM account with a broker?

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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