Percentage allocation management module, also known as percentage allocation money management or PAMM, is a form of pooled money forex trading. This unique kind of trading setup allows investors to allocate funds to a qualified trader or money manager they choose who in turn manage these pooled funds across multiple trading accounts.  The money manager will receive a performance fee for this service which is a set percentage calculated on the trading gains. The remaining profit/loss is distributed back to the investors according to the percentage allocation they each have in the total pool of funds.