> For the complete documentation index, see [llms.txt](https://faqs.fxlivecapital.com/iHQNLyDW28A3nNbpumaP/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://faqs.fxlivecapital.com/iHQNLyDW28A3nNbpumaP/services-group/social-trading/account-types.md).

# Account types

<mark style="color:purple;">**PAMM (Percentage Allocation Management Module)**</mark>

A **PAMM account** allows multiple investors to allocate funds to a professional trader or manager. The manager trades a combined pool of funds, and the profits or losses are distributed **proportionally to each investor’s contribution**.

* <mark style="color:blue;">**Main advantage:**</mark> Investors don’t trade themselves — they just deposit funds and the trader does the work.
* <mark style="color:blue;">**Best for:**</mark> Investors looking for fully automated management.

***

#### <mark style="color:purple;">**MAMM (Multi-Account Management Module)**</mark>

A **MAMM account** is similar to PAMM but provides more **flexibility**. The manager operates multiple individual accounts simultaneously, with the ability to adjust lot sizes, risk levels, or strategies for each investor.

* <mark style="color:blue;">**Main advantage:**</mark> More control and customization for both the investor and the manager.
* <mark style="color:blue;">**Best for:**</mark> Investors who want more control over their allocation or prefer tailored adjustments.

***

#### &#x20;<mark style="color:purple;">**Copy Trading**</mark>

**Copy Trading** is the simplest form of Social Trading. Here, each client **automatically copies** the trades of a selected trader. The trades are replicated in real time, and investors can **monitor, pause, or stop copying at any time**.

* <mark style="color:blue;">**Main advantage:**</mark> Full transparency and control. Clients choose whom to copy and when to stop.
* <mark style="color:blue;">**Best for:**</mark> Beginners or those who want to learn by watching real strategies in action.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://faqs.fxlivecapital.com/iHQNLyDW28A3nNbpumaP/services-group/social-trading/account-types.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.