PAMM · Percentage Allocation Management Module

One pool, shared by percentage.

In a PAMM arrangement a manager trades a pooled account and every result is divided among the investors according to what each allocated. This page explains the mechanism before anything else.

Illustration of the mechanism. It shows no real manager and no results.

One pool

It differs from copy trading in one important way: the manager trades the pool, and an investor’s control is limited to allocating and withdrawing. Investors do not place or modify trades.

What it is

PAMM stands for Percentage Allocation Management Module. A manager trades a single master account; investors allocate funds to it; and the result of every trade is shared among them in proportion to what each has allocated.

It differs from copy trading in one important way. With copy trading, trades are reproduced in your account and you can intervene. In a PAMM arrangement the manager trades the pool, and an investor’s control is limited to allocating and withdrawing.

How it works, mechanically.

01
A manager opens a master account
And publishes the terms on which others may allocate to it.
02
Investors allocate funds
Each investor’s share of the pool is their allocation as a percentage of the whole.
03
The manager trades the pool as one account
Investors do not place or modify trades.
04
Results are distributed by percentage
Profit and loss are divided according to each investor’s share at the time.
05
The manager’s fee is taken from profits
Normally a performance fee on net new profit, set out in the manager’s terms.
06
Allocations change at the end of a trading period
Adding or withdrawing funds takes effect when the current period closes, so that shares can be recalculated fairly.

A general description of the arrangement. GIO4X’s own terms are set out below, where they have been published.

At GIO4X

What GIO4X has published.

GIO4X offers PAMM accounts. The two previous websites agree on little beyond that, so this page publishes no minimums, no fees and no manager statistics.

Published consistently

Published: GIO4X offers PAMM accounts for both managers and investors.
Published: Funds are added or withdrawn at the end of a trading period, not in the middle of one.

Not yet published

Minimum allocationNot yet published
Length of a trading periodNot yet published
Manager performance fees and how they are calculatedNot yet published
How managers are assessed before they may accept investorsNot yet published
The platform on which PAMM accounts runNot yet published
Where the full terms can be readNot yet published

These have not been published consistently, so none is stated here. Ask before you take part: info@gio4x.com or the contact page.

Risks

What can go wrong.

Allocating to a manager means accepting decisions you do not make and cannot reverse in the moment.

You do not control the trading: Once allocated, your funds are traded at the manager’s discretion. You cannot close a position you disagree with.
You may not be able to leave immediately: A withdrawal waits for the end of the trading period. Losses can continue in the meantime.
Past results are not a forecast: A manager’s record describes the past. It is not evidence about the future.
Fees change the arithmetic: A performance fee is taken in good periods and not refunded in bad ones. Understand how a high-water mark, if any, is applied.
Leverage belongs to the manager: The pool can lose value quickly, and your share falls with it.
A manager is not your adviser: A PAMM manager trades a strategy. They do not assess whether it suits your circumstances.

Before you take part

Questions worth asking first.

If you cannot get a clear answer to one of these, that is itself an answer.

Ask GIO4X

1
Who is the manager, and how long is the record I am being shown?
2
What is the largest loss the account has had, peak to trough?
3
What fee is charged, on what, and is there a high-water mark?
4
How long is a trading period, and when can I withdraw?
5
Does the manager have their own money in the account?
6
What leverage is used, and is there a limit on losses at which the account stops trading?
7
Where are the full terms, and have I read them?

Risk warning

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

Risk disclosure

Continue

Fetching the page

How it works, mechanically.

A manager opens a master account

And publishes the terms on which others may allocate to it.

Investors allocate funds

Each investor’s share of the pool is their allocation as a percentage of the whole.

The manager trades the pool as one account

Investors do not place or modify trades.

Results are distributed by percentage

Profit and loss are divided according to each investor’s share at the time.

The manager’s fee is taken from profits

Normally a performance fee on net new profit, set out in the manager’s terms.

Allocations change at the end of a trading period

Adding or withdrawing funds takes effect when the current period closes, so that shares can be recalculated fairly.

A general description of the arrangement. GIO4X’s own terms are set out below, where they have been published.

Risk warning

Risk disclosure