What is MT4/MT5 PAMM?
The Brokeree PAMM solution is a comprehensive investment system that enables investors to join the strategies of successful money managers. Brokers choose the solution to attract new clients and increase trading volumes by introducing shared investment accounts.
There are five short answers by Brokeree’s specialist about this flagship technology.
How does Brokeree PAMM work?
PAMM is a solution that allows brokers to create an investment environment for their traders. A money manager trades with aggregated funds of investors from a separate MetaTrader account created by our system. The profit generated by the money manager is then distributed among the investors according to their stake in total funds.
How can investors monitor the trading process?
Since a money manager trades from a separate MetaTrader account, investors cannot access this account and view the trading results in real-time.
However, our PAMM system synchronizes with MetaTrader according to the rollover schedule and provides updated details such as trading information, profit distribution, fees payout, and money transfers. This way, investors can check the trading history from their account on the PAMM user portal or in reports sent via email.
How is PnL distributed in Brokeree PAMM?
Once the PAMM system is synchronized with MetaTrader, the profit is distributed when the scheduled rollover is executed. Based on the money manager’s settings, a broker can choose between the -floating or realized mode to receive profits once the rollover is launched.
A broker may decide on profit and loss distribution for new investors, so, when they join, they can either participate in current trading results or wait for the next trade to open to receive profits.
Can investors leave or join a PAMM account during trading hours?
To join or leave a PAMM account, an investor needs to send a request from the PAMM user portal. A broker may allow money managers to confirm or reject such requests. At the same time, a broker may automate this process and let investors leave or join without limitations.
What happens if the investor leaves the PAMM account with a large share in total funds? Our system automatically closes parts of positions proportional to the withdrawn amount to prevent money managers from margin calls and overexposure.
Is it possible to integrate PAMM with back-office systems?
Absolutely. Brokeree PAMM has a well-documented REST API that allows integration on different levels. It allows brokers to integrate a PAMM portal as a widget on the website, allowing clients to manage their investments in broker CRM. Additionally, a broker may use REST API to perform a deep integration. Thus, brokers can introduce the PAMM functionality in web and mobile applications.
How soon can we go live with Brokeree PAMM?
PAMM installation normally takes about 2 hours. When complete, our support team provides you with all necessary access details, after which you can use the system with default settings. The final term of launching depends on how sophisticated your own setting will be. To help you set up PAMM according to your needs, we assign a customer success manager to assist you during the onboarding period.
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