traderpublic Ratings · PAMM brokers
Brokers with PAMM and managed accounts
A PAMM account hands trading discretion to someone else, so the questions that matter are what the manager's cut is, what happens to your share of a loss, and whether the arrangement sits under the same compensation scheme as a direct account.
The investor-protection column is real: it is the statutory scheme attached to the licences our desk verified on each regulator's own register. The account-type, manager-fee and deposit values are written in per broker and labelled wherever they appear — placeholders for fields our research hub does not publish yet, not checked facts about those firms.
Broker records we publish
Ordered by the traderpublic desk score on each record. Records our desk has not scored are not ranked here.
Use it to compare at a glance, then read the licence trail under each broker below — that is the part our desk checked against the regulator's register.
| FxPro Global Markets Limited4.7 out of 5 | Capital.com4.3 out of 5 | HF Markets (SV) Ltd4.3 out of 5 | TF Global Markets (STL) Limited4.3 out of 5 | Admirals4 out of 5 | |
|---|---|---|---|---|---|
| Made upPAMM | Yes | No | No | Yes | No |
| Made upCopy trading | No | Yes | Yes | Yes | Yes |
| Made upPayPal | Yes | Yes | Yes | Yes | No |
| Made upMin. deposit | $25 | $500 | $500 | $10 | $10 |
| Made upManager's fee | 30% of profit | no managed accounts offered | 30% of profit | 10% of profit | 30% of profit |
| Investor protection | £85,000 | £85,000 | £85,000 | €20,000 | €20,000 |
| Licences we verified | 2 | 3 | 3 | 1 | 1 |
| Open the record | View record | View record | View record | View record | View record |
This order is our published desk score across the whole broker, tie-broken by verified licences. It is NOT a ranking of managers or of managed-account performance, and nothing here is a recommendation to hand over discretion.
- 1
FxPro Global Markets Limited
2 verified licences · 2 Sept 2026
4.7 out of 5Open record- Account types
- Made upStandard, copy trading
- Manager's fee
- Made upmanager takes 30% of profit
- Payment methods
- Made upCards, bank transfer, Skrill, Neteller
- Minimum deposit
- Made up$25
What the desk checked
- Swap-free accountofferedOffered on request via the Back Office; fees may apply once positions on certain instruments stay open a set number of days.source · read on 16 Sept 2026
- Islamic accountnot checked
- Negative balance protectionofferedStated in the Client Agreement; clients may never lose more than their total deposits.source · read on 16 Sept 2026
- Segregated client fundsofferedHeld in separate bank accounts with named custodian banks.source · read on 16 Sept 2026
- No deposit feeofferedThird-party or bank fees may still apply.source · read on 16 Sept 2026
- No withdrawal feeofferedE-wallet withdrawals can carry a fee if no trading took place.source · read on 16 Sept 2026
- Cent accountnot checked
- 24/7 supportnot offeredFxPro publishes 24/5 weekday support hours, not 24/7.source · read on 16 Sept 2026
- Thai-language supportnot checked
- 2
Capital.com
3 verified licences · 2 Sept 2026
4.3 out of 5Open record- Account types
- Made upStandard only
- Manager's fee
- Made upno managed accounts offered
- Payment methods
- Made upCards, bank transfer, PayPal, Skrill
- Minimum deposit
- Made up$500
What the desk checked
- Swap-free accountofferedCountry-restricted; requires contacting support with no open trades.source · read on 16 Sept 2026
- Islamic accountnot checked
- Negative balance protectionofferedRetail clients only; balance is reinstated to zero.source · read on 16 Sept 2026
- Segregated client fundsofferedHeld at regulated banks, separate from company funds.source · read on 16 Sept 2026
- No deposit feeofferedYour own bank may still charge for the transfer.source · read on 16 Sept 2026
- No withdrawal feeofferedMinimum card withdrawal 20 USD/EUR/GBP.source · read on 16 Sept 2026
- Cent accountnot checked
- 24/7 supportofferedStated on the broker's own contact page.source · read on 16 Sept 2026
- Thai-language supportnot checked
- 3
HF Markets (SV) Ltd
3 verified licences · 2 Sept 2026
4.3 out of 5Open record- Account types
- Made upStandard, copy trading
- Manager's fee
- Made upmanager takes 30% of profit
- Payment methods
- Made upCards, bank transfer, Skrill, Neteller
- Minimum deposit
- Made up$500
What the desk checked
- Swap-free accountofferedApplies to selected accounts and instruments under HFM's rollover policy.source · read on 16 Sept 2026
- Islamic accountofferedSharia-compliant swap-free conditions on the Cent and Zero accounts.source · read on 16 Sept 2026
- Negative balance protectionofferedA negative balance is automatically reset to zero.source · read on 16 Sept 2026
- Segregated client fundsofferedClient funds cannot be used to repay company creditors.source · read on 16 Sept 2026
- No deposit feeofferedBank transfers are free above $100; third-party charges may apply.source · read on 16 Sept 2026
- No withdrawal feeofferedSending, correspondent and receiving banks may charge their own fees.source · read on 16 Sept 2026
- Cent accountofferedCent lots (0.01 of a standard lot); account currency USC.source · read on 16 Sept 2026
- 24/7 supportofferedHFM's own FAQ states 24/7 live support for all clients.source · read on 16 Sept 2026
- Thai-language supportofferedThai-language contact page with a Thailand support line and Thai support mailbox.source · read on 16 Sept 2026
- 4
TF Global Markets (STL) Limited
1 verified licences · 2 Sept 2026
4.3 out of 5Open record- Account types
- Made upStandard, PAMM
- Manager's fee
- Made upmanager takes 10% of profit
- Payment methods
- Made upCards, bank transfer
- Minimum deposit
- Made up$10
What the desk checked
- Swap-free accountofferedAn administration fee applies to positions held longer than four days.source · read on 16 Sept 2026
- Islamic accountofferedFor traders complying with Sharia law; admin fees waived for the first six days.source · read on 16 Sept 2026
- Negative balance protectionofferedStated for FCA-regulated retail clients of the UK entity, in line with FCA rules.source · read on 16 Sept 2026
- Segregated client fundsofferedClient capital is never used for the company's business interests.source · read on 16 Sept 2026
- No deposit feeofferedThird-party provider charges may still apply.source · read on 16 Sept 2026
- No withdrawal feeofferedInternational bank wires typically cost about USD 25, charged by the banks.source · read on 16 Sept 2026
- Cent accountnot checked
- 24/7 supportofferedMultilingual client support by live chat, email or phone.source · read on 16 Sept 2026
- Thai-language supportnot checked
- 5
Admirals
1 verified licences · 2 Sept 2026
4 out of 5Open record- Account types
- Made upStandard, copy trading
- Manager's fee
- Made upmanager takes 30% of profit
- Payment methods
- Made upCards, bank transfer, Skrill, Neteller
- Minimum deposit
- Made up$10
What the desk checked
- Swap-free accountofferedSwap-free option on Trade.MT5; excludes exotic pairs and digital currencies.source · read on 16 Sept 2026
- Islamic accountofferedOpened as a Trade.MT5 account with the swap-free option.source · read on 16 Sept 2026
- Negative balance protectionofferedRetail clients: unlimited per-account cover. Professional clients: up to EUR 50,000.source · read on 16 Sept 2026
- Segregated client fundsofferedSegregated under CySEC rules at a regulated EU credit institution.source · read on 16 Sept 2026
- No deposit feenot checked
- No withdrawal feenot offeredOne free withdrawal request per month per method; a fee applies after that.source · read on 16 Sept 2026
- Cent accountnot checked
- 24/7 supportnot checked
- Thai-language supportnot checked
What decides a managed account — and what we have not measured
The compensation cover and licence rows are real. The availability and fee rows are written-in examples of the columns we will print once the hub sends the fields.
- Licences we verified against the register✓
- Investor compensation cover (where licensed)✓
- PAMM / MAM availabilityMade upexample shape: PAMM and MAM accounts, investor and manager sides
- Manager's profit shareMade upexample shape: manager takes 20% of profit, monthly settlement
- Minimum allocationnot published
- How losses are allocatednot published
Licences we checked ourselves
This is the part of the page that rests on evidence: each licence number was read from the regulator's own public register on the date shown.
Frequently asked questions
Does investor compensation cover a PAMM allocation?
Cover attaches to the licensed entity holding your money, and the figure in that column is the statutory scheme for the regulators we verified. Whether a specific managed arrangement qualifies depends on how the money is held — ask the broker in writing, and do not rely on this page for it.
Are the manager fees on this page real?
No, and they are labelled. Our hub publishes no managed-account fee field yet; the values shown are written in to demonstrate the shape of a column that needs a fee basis and a high-water mark to mean anything.
How a managed or PAMM account is structured
In a PAMM arrangement you deposit into an account traded by someone else, usually alongside other investors, and gains and losses are allocated in proportion to each participant's share. The manager is paid a performance fee, and sometimes a management fee as well.
The structural point that gets lost in the marketing: you are handing trading discretion to a person whose track record you cannot audit, inside a firm whose accounting for the pool you also cannot audit. Whatever the published figures show, that is the risk you are accepting.
- Allocation
- How profit and loss are divided between participants, normally by share of the pool at the time of each trade.
- Performance fee
- The manager's cut of profits, often taken at a high-water mark so it is only charged on new gains.
- Drawdown
- The largest peak-to-trough fall in the account's value. A far more informative number than a headline return, and the one most often omitted.
- Lock-up
- Any period during which you cannot withdraw. Ask for it in writing, including what happens if you ask to exit mid-period.
Questions worth answering in writing before depositing into any managed arrangement.
- Which licensed entity holds the money, and does its regulator permit it to manage client funds on a discretionary basis?
- Is the published track record audited, and by whom? An equity curve on a dashboard is not an audit.
- What is the largest historical drawdown, and over what period was the record compiled?
- Exactly how and when can you withdraw, and what does it cost?
- How is the manager paid, and does the fee structure reward taking more risk with your capital?
A past return is a description of a period that has ended. Nothing about it obliges the future to resemble it, and a manager's incentive to take risk is not symmetrical with yours: they share the gain and you carry the loss.
How this ranking is put together
The order on this page is the research desk's published score for the whole broker, tie-broken by the number of licences we verified against a regulator's own register. It is not a score for this category, because we have not measured this category.
- Every licence is read on the regulator's own register, and the date we read it is printed beside it
- A product term is only marked available or not offered when the desk checked it and cited a source
- A term nobody has checked stays labelled as unchecked rather than being dropped from the page
- Written-in values exist only where the research hub publishes no field, and each one is labelled where it appears
Read the full methodology, including every page that carries a written-in value
What this page established, and what it did not
This page ranked brokers on the score the research desk publishes for the whole firm, and showed the licence trail behind each one. That much is checked: every licence number here was read on the regulator's own register, on the date printed beside it.
It did not establish who is best for PAMM and managed accounts. No field on this site measures that yet, so the page marks the gap instead of filling it, and labels every value that was written in rather than checked. Treat the order as a starting point for your own checks, not as a recommendation.
Other broker pages on this site
Each one states its own criterion and its own gaps.
Who did the work on this page
This page is compiled by the traderpublic research desk from the broker records published on this site. The desk reads regulator registers and brokers' own terms pages, and records the date of every reading.
On this page the desk verified the licence trail of every broker listed, and published a score only where it had one to publish.
We publish no individual byline for a compiled category page. The work is the desk's, and naming a single author would suggest a judgement one person made.