At ForexTime, we like to think of the FOREX PAMM Account as a partnership between investors and a professional money manager.
PAMM Account investors are generally not well-versed in Forex. Some don't have the time and some don't have the desire needed to master the currency markets. Investing in the PAMM Account gives them a chance to access the high potential profitability of the Forex markets by putting their money in the hands of a skilled investor, the PAMM Manager (who also has a share in the PAMM Account).The Manager is responsible for all trading on the PAMM Account. In return, the Manager receives compensation from investors when he has a successful trading period.