Global trading broker ThinkMarkets introduces a new PAMM available to all partners and customers. Traders can allocate funds to money managers to earn profits.
As trading on the forex market developed, traders were allowed to allocate funds according to their individual preferences, including the possibility of passive profits using a PAMM account. To meet the growing needs of traders and investors, Australia-based multi-asset online broker ThinkMarkets has launched a new PAMM (Percentage Allocation Module Management) available to all partners and customers.
The platform offers innovative and intuitive advanced reporting capabilities, flexible pricing options, and 100% asset allocation accuracy. This feature allows traders to allocate funds to money managers who trade through the new customizable platform.
Clients can also select a money manager from a dynamic leaderboard and view real-time performance data on each performance. Money managers also get access to trader funding and invest to earn better profits.
ThinkMarkets Co-founder, Faizan Anees, commented, "ThinkMarkets is committed to leading by offering attractive products backed by a reliable technology infrastructure and strong customer service. We have grown ThinkMarkets business significantly in emerging markets. The new PAMM product is the latest in a series of exciting initiatives over the next 12 months to improve the product."
Since its founding in 2010, ThinkMarkets has grown to become an internationally regulated online FX and CFD trading broker serving 450k global customers. The broker provides a professional platform on over 4000 trading instruments with 14 offices in several countries.