As forex trading evolved, traders gained the ability to allocate their funds based on their individual preferences. This included the option for passive income through a PAMM account.
To cater to the expanding needs of traders and investors, ThinkMarkets, a multi-asset online broker based in Australia, has introduced a new Percentage Allocation Module Management (PAMM) system that's accessible to all partners and customers.
This platform comes with cutting-edge features, user-friendly reporting tools, flexible pricing choices, and 100% precision in asset allocation. It empowers traders to distribute their funds to money managers who operate through this customizable platform.
Customers can also choose money managers from a dynamic leaderboard and monitor real-time performance data for each manager. On the flip side, money managers gain access to funding from traders, enabling them to maximize their earnings.
Co-founder of ThinkMarkets, Faizan Anees, remarked, "At ThinkMarkets, we're committed to being at the forefront by offering appealing products supported by a dependable tech infrastructure and top-notch customer service. We've significantly expanded our business in emerging markets. This new PAMM product is just one of the many exciting initiatives we have in store for the next 12 months to enhance our offerings."
Since its establishment in 2010, ThinkMarkets has grown into an internationally regulated online FX and CFD trading broker serving 450,000 customers worldwide.
With a presence in 14 offices across various countries, the broker provides a professional trading platform covering over 4,000 trading instruments.