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A PAMM account is a separate MetaTrader account in which the funds of all investors are aggregated and where the PAMM Manager can use the pooled funds to trade.
Each PAMM account is linked to the PAMM Manager’s personal (or owner) account. Each PAMM manager may have multiple PAMM accounts. The number of active PAMM investor accounts assigned under a particular PAMM Manager is only limited by the PAMM Manager’s own configurations.
Trading in the PAMM Manager’s account is not affected nor controlled by the PAMM system in any way.