Two different structures
Copy trading
An investor account follows eligible provider trades under allocation and risk settings. Review how scaling, stopping and closing existing positions work.
PAMM
Capital is allocated to a managed strategy under defined participation, reporting, fee and withdrawal terms.
Compare the experience
| Consideration | Copy trading | PAMM |
|---|---|---|
| Participation | Trades copied into an investor account | Percentage allocation to a managed strategy |
| Controls | Provider and platform-specific stop controls | Dealing and withdrawal windows set by the terms |
| Costs | Provider and trading charges | Management, performance and trading charges |
| Due diligence | Provider history, exposure and drawdown | Manager history, allocation rules and reporting |
Evaluate more than returns
Track record
Look for verified performance over meaningful periods, including difficult markets.
Drawdown and exposure
Review leverage, concentrated positions and the scale of historical losses.
Fees and access
Understand all charges, notice periods and how to end participation.
Strategy discovery
Request current provider information and terms through the client portal. Compare verified track records, drawdown, leverage and exit conditions before allocating capital. A high historical return alone is not a sufficient basis for selecting a strategy.