The MAM account should not be confused with the MetaQuotes multi-terminal system, which has its limitations. A MAM account allows you to use the percentage allocation method like a PAMM account, but it provides greater flexibility to allocate the trades and adjust the risk of each sub-account based on the clients’ risk profiles.For example, the manager can allocate trades on a fixed basis, which means that he can define the number of lots traded by each individual account. This fixed allocation can also be done using a LAMM (Lot Allocation Management Module) account.The manager can also change the amount of leverage applied to the sub-accounts if his clients want to take on a greater level of risk.
Percent Allocation Management Module – PAMM
The PAMM account features a management module that distributes the sizes of trades according to an allocation percentage. This solution is offered by many forex brokers for investors and fund managers. With a PAMM account, an investor can also allocate a percentage of his account to one or more managers. The manager’s PAMM account is a large “main account”, whose capital is equal to the sum of the sub-accounts.The manager’s trades are automatically replicated in the sub-accounts according to a percentage basis.
For example, if the trader makes a 100-lot trade on the EURUSD, the trade is divided among the individual sub-accounts (clients) into smaller parts based on the percentage of equity of each sub-account in relation to the master account. This means that if the size of an individual sub-account is equal to 1% of the main account’s equity, the size of the trade on this account will be 1 lot (1% of 100 lots).
Money managers can gain the flexibility to choose trading conditions, including commissions, spread mark-ups, account currency, performance fees and margin/call. Our low commission structure, combined with tight spreads, results in greater margins for trade managers.
ZERO Markets helps money managers plan profit and loss goals on a per-account basis, based on open trade conditions. Now, you can easily withdraw or deposit funds in and out of MAM/PAMM accounts without disrupting trading activity.
of Fees and Commissions
We track the forex markets in real-time so that you get fast accreditation of commissions in your live trading account, which you can withdraw at any time. All ZERO Markets MAM managers can also quickly calculate performance fees for all their clients, as needed.