Set your own rules.Rank higher & get more followers! PAMM copies your trading strategy securely: Followers can’t access your strategy.
See a list of offers by Masters and select one based on the risk, fees, and expected profit.!Invest or withdraw your money anytime: Masters can’t access your investment.
PAMM platform automatically lists top Masters and Followers based on their recent performances. While past performance doesn’t indicate future success, it’s a measurable system of trade results.
Master rating parameters:
Total Gain (%): Current gain of the PAMM Account
Daily Gain (%): Profit of the previous day
Since Opened: Number of days passed since the account opening
Max. Drawdawn: % difference of minimum & maximum Total Gain levels, showing the maximum loss
Rate of Return (ROR): The ratio of gains & losses (whether realized or unrealized) on assignments
Gain Chart: Current gain of the PAMM Account in graphical view
Follower rating parameter:
Gain: Follower`s investment gain on the offers
Gain Chart: Graphic display of the gains
Clicking expand button on the lists reveal additional data graphs on the PAMM account.
You can select time intervals to better analyze the data collected by the PAMM platform.
Performance Fee (0-100%)
The percent paid from the Follower’s profit to Master while the profit is being distributed at the end of the Trading Interval. It is paid only if the profit exceeds Minimum Performance Constraint.
Master Commission (0-100%)
Annual fee paid by the Follower accounts to the Master for funds management. It is calculated daily as a percentage of Current Follower Balance during rollover. So every day 1/260 of an annual Master Commission is paid to the Master (260 is the average number of trading days per year).
Minimum Performance Constraint (0-100%)
The profit threshold that the Master declares to receive Performance Fee after.
Assignment Commission (0-100%)
The initial down payment set by the master as a condition for joining the offer.
Early Revocation Penalty (0-100%)
The penalty for revoking Follower investment earlier than trading interval’s end.
The minimum amount for a Follower to join an offer by a Master. It is transferred to PAMM Account.
Follower Top-Up Minimum
The minimum amount for a Follower to assign extra funds into PAMM account.
Follower Balance Minimal
The minimum amount that has to be left on a Follower’s account in case of a revocation request.
PAMM allows beginners to follow the footsteps of experienced traders and copy their successful trades. Followers invest in the proven strategies of Master accounts. Followers have the full control over their investments. But they can’t access the strategies. When the Master profits, so does the follower.
PAMM (Percent Allocation Money Management) is a smart investment solution. It offers an ideal platform for bringing both beginners and experienced traders together.
The process is extremely efficient and easy as the system allocates costs and profits automatically.
Customer registers as a Master and assigns Master Capital of $10,000.
Master sets trading interval as ‘1 month’ with following parameters
This means, at the end of a month, the Master will get 30% of the profit that exceeds the 10% limit. This is called Minimum Performance Constraint.
Two followers accept the offer: Follower 1 invests $25,000. Follower 2 invests $15,000. The PAMM account now holds $50,000 in total.
At the end of the month, Master trades successfully and the PAMM account profits 50%. The PAMM account now holds $75,000 in total.
Follower 1 gained 50% profit of his/her initial investment: $12,500 Minimum Performance Constraint (10%) for Follower 1: $2,500 Net Profit = $12,500 (Profit) — $2,500 (Minimum Performance Constraint) = $10,000 Follower 1 pays the Performance Fee (30% of the net profit) to Master: $3,000
Follower 2 gained 50% profit of his/her initial investment: $7,500 Minimum Performance Constraint (10%) for Follower 2: $1,500 Net Profit = $7,500 (Profit) — $1,500 (Minimum Performance Constraint) = $6,000 Follower 2 pays the Performance Fee (30% of the net profit) to Master: $1,800
Follower’s Current Balance = Initial Balance + Profit – Performance Fee Follower 1’s Current Balance = 25,000 + 12,500 – 3,000 = $34,500 Follower 2’s Current Balance = 15,000 + 7,500 – 1,800 = $20,700
Master’s Current Balance = Master Capital + Profit + Performance Fees 10,000 + 5,000 + 3,000 + 1,800 = $19,800
Profits: Follower 1 = $9,500 | Follower 2 = $5,700 | Master = $9,800
Rollover is a routine procedure for PAMM accounts when trading results are updated and published. During the rollover;
All existing positions in the Followers accounts are reopened. Followers will notice this activity in their trading statements as if Master closed all positions at the last quote of the day and reopened at the beginning of the next trading day at the same quote. However, in the trading platform, there won’t be any position reopening activity seen.
All fees are calculated and paid to the Master Customer Account.
Assignment and revocation requests are processed during rollover as well as Follower and Master share recalculation.
The Master sets the rollover time. Shortly before it, no requests are accepted for a certain period. This is called Freeze Time.
HOW TO ASSIGN FUNDS
Log in to PAMM website and click Master on the main menu
Click the name of PAMM Account in the Active Accounts table.
Click Assign on the Master menu.
Fill in the form: choose the Customer Account, enter the assignment amount and set Date to Execute (default value is the current date).
Click Assign Funds.
HOW TO CREATE MASTER OFFER
1.A Master Offer is a public Master’s proposal to join PAMM Account and copy trades. An Offer contains Parameters used by the PAMM Service to distribute the profits, losses and fees between Master and Followers.
2.To create the Master Offer, follow these steps:
Log in to PAMM website and click Master on the main menu.
In the Active Accounts table, click the name of PAMM Account
3. Under the Offers and Followers table, click New Offer. The Offers and Followers table displays the information about all your Offers, their status, the number of Followers and total Followers Balance for each Offer:
4. Fill in the Create Offer form (for more information about Offer parameters description, see Offer Parameters).
5. Select I Confirm checkbox and click Create.
6. To change Agent Commission or/and Password, click Manage in the Offers and Followers table. Clicking on Disable Offer / Enable Offer changes Offer Status.
Note! after an Offer is created, only Password and Agent commissionparameters might be edited.
HOW TO ADJUST TRADING POSITIONS WHEN THE INVESTOR MAKES FUND ASSIGNMENT OR REVOCATION
The Master should monitor the volume of all open positions on a PAMM Account. The Master sees an assignment/revocation request as soon as it is made by the Follower. Thus the Master has some time to assume the measures before the request is executed at Rollover. Below you can see the examples of positions adjustment after a funds assignment/revocation.
POSITION ADJUSTMENT AFTER FUND ASSIGNMENT
Exposure Level on a PAMM Account is 50% (for example, Equity equals 10,000 USD, Margin equals 5,000 USD). Then 10,000 USD are added to the account, exposure level reduces to 25% (Equity equals 20,000 USD, Margin equals 5,000 USD). In order not to lose profit the Master should increase the exposure level to 50% by opening more positions of the corresponding volume (Equity equals 20,000 USD, Margin equals 10,000 USD).
POSITION ADJUSTMENTS AFTER FUND REVOCATION
Exposure Level on a PAMM Account is 25% (for example, Equity equals 20,000 USD, Margin equals 5,000 USD). Then 10,000 USD are revoked from the account, the exposure level increases to 50% (Equity equals 10,000 USD, Margin equals 5,000 USD). To avoid Stop Out, the Master should reduce the exposure level to 25% by closing positions of the corresponding volume (Equity equals 10,000 USD, Margin equals 2,500 USD).
HOW TO OPEN A PAMM ACCOUNT AND BECOME PAMM MASTER
To become PAMM Master follow these steps:
Log in to PAMM website and click Open PAMM.
Fill in the registration form to create a PAMM Account.
Customer Account – a valid and verified trading account from which funds are debited to the PAMM account.
Account Name — the name of the PAMM Account that is used in PAMM Account Rating. Account name may outline Master’s trading strategy.
Account Type – type of the Account (PAMM STP or PAMM ECN).
Account Currency – currency of Account.
Phone Password — any word or a combination of words that is used to verify Master’s identity.
Repeat Phone Password – confirm the phone password.
Assignment to Master Capital — the size of the Master Capital. Master Capital may not be reduced and/or revoked during the Trading Interval, except for the case of PAMM Account liquidation.
Rollover Time – time of Rollover (Note! Master can set any time of Rollover).
Freeze Time – the time period preceding the Rollover within which no request are accepted from the Master or the Follower to be processed during Current Rollover.
Frequency of Follower’s Trading Reports Publications — specifies how often the Follower Statement is updated. Possible values are “daily”, “weekly”, “monthly” or “quarterly”.
Select the Show Equity to All checkbox to make the Equity chart available for public view.
Select the Show Currencies to All checkbox to make the Summary tab in the Advanced Statistics of the account available for public view.
Select the Show Statements to All checkbox to make the Statements tab in the Advanced Statistics of the account available for public view.
Select the Show Net Assignment to All checkbox to make all Assignment/Revocation operations of the account available for public view.
Select the Allow Follower Offers checkbox to enable making the Follower Offers.
Select the Import Trading History to upload the history of trades from another account. Account equity, gain, drawdown and other PAMM account statistics will be calculated and displayed on performance charts as if trading has been done in the PAMM account from the start.
Trading Account — select one of the available trading accounts. Broker reserves the right to determine which trading accounts can and cannot be imported.
Myfxbook Account — enter a private link to your Myfxbook account.To import trading history from Myfxbook, please, do the following:
1. Mark your Myfxbook account as private.
2. Create a private link.
3. Copy the private link into the Myfxbook Account field.
After import has been completed, you can delete the private link and make your Myfxbook account public again.
Important! Your PAMM account must be denominated in the same currency as the trading account, from which you are going to import history.
Important! Before you start trading, wait until your trading history has been fully imported. You will receive an e-mail message to notify you that import has been completed.
3. Read and accept the PAMM Account Service Regulations document.
4. Click Create.
5. To manage a created account click on the Account name and use the Master menu (for more information, see Master menu).
FOLLOWER CAPITAL AND FOLLOWER BALANCE
The Follower Capital is the Follower’s funds assigned to the PAMM account. The Master’s Performance fee is calculated based on the Follower Capital. Within the Trading period, the value of Follower Capital is only changed when the Follower makes an assignment/revocation to/from the Follower Account. If the Follower gaines the profit during the Trading interval and doesn’t revoke it, the Follower Capital is automatically increased at the end of the Trading Interval.
The Follower Balance — the net amount of funds which is assigned and revoked by the Follower to the PAMM as for the moment after the latest Rollover performed, considering the results of the Master’s trading activity. It’s calculated every day during the Rollover.
The Offer parameters are specified as follows: 10/0/0 – 0/0 – 50,000/10,000/1,000. The Follower assigned 50,000 USD. Therefore, the profit is the funds over 50,000 USD, which are gained thanks to the Master’s trading activity. At the end of the Trading Interval, the Master’s successful trading resulted in the Follower’s profit of 10,000 USD (the Follower Balance is 60,000 USD). According to the Master Offer, the Performance Fee of 1,000 USD (10% of 10,000) was paid to the Master. The Follower Balance and Follower Capital amounted to 59,000 USD, i.e. from this moment funds over 59,000 USD are regarded as profit.
The Offer parameters are specified as follows:10/0/0 – 0/0 – 50,000/10,000/1,000. The Follower assigned 50,000 USD. As a result of the Master’s trading activity, the Follower Balance amounted to 10,000 USD at the end of the Trading Interval. As there was no profit, the Master didn’t receive any Performance Fee. The Follower decided to revoke 5,000 USD. As the Follower revoked 50% of the Follower Balance (50% of 10,000 USD makes 5,000 USD), the Follower Capital decreased by 50% as well (50% of 50,000 USD makes 25,000 USD). At the beginning of the second Trading Interval, the Follower Capital amounted to 25,000 USD, the Follower Balance amounted to 5,000 USD. As a result of the Master’s activity, the Follower Balance reached 30,000 USD (Follower Capital – 25,000 USD, Profit – 5,000 USD) at the end of the second Trading Interval. As profit for the second Trading Interval amounted to 5,000 USD, the Performance Fee was 10% of 5,000 USD (500 USD). Hereby, at the end of the second Trading Interval, the Follower Capital was 30,000 USD – 500 USD = 29,500 USD.
The Follower Statement allows the Follower monitoring the trading activity on the Follower Account. The Balance operations (including fees) are also reflected in Follower Statement.
Follow these steps to generate the Follower Statement:
1. Log in to PAMM website, then on the main menu click Follower.
2. In the Follower Accounts table, find the Offer of your choice and click Statements.
3. Select the interval for the statement generation. Available intervals are:
4. Click Recalculate.
All trades that were opened/closed within Rollovers are shown in Statements with ticket numbers, correspond to Master orders:
All balance operations (including fees) are shown in Statement as follows:
As all positions are settled at Rollover (e.g. Rollover is at 1:10 PM) and reopened, the closing price and opening price are the same for the order:
If multiple orders for the some financial instrument are opened on the Follower Account, the orders are closed during the Rollover and reopened considering the resulted total volume for the financial instrument. The volume of the resulted position is equal to a difference between volumes:
If orders are opposite and have equal volumes (Rollover is at 10:55 AM):
If orders have different volumes (Rollover is at 2:15 PM):
Note! Hedged and reopened positions are visible in Statement after Following Rollover.
The Follower Offer makes possible for the Follower to suggest his/her own parameters when none of PAMM Account Offers satisfies him/her. The Follower can create an Offer with the desirable parameters and send a request to the PAMM Account Master. If the Master accepts the offer, it is added to the PAMM Account list of Offers and the Follower joins the Offer in the Following Rollover.
To create Follower Offer, follow these steps:
1. Log in to PAMM website, then on the main menu click Follower.
2. Choose the PAMM Account (for more information about choosing the account, see Rating).
Note! The Follower can create an Offer only if he/she didn’t join any Offer of the chosen PAMM Account.
3. Click Create Follower Offer
4. Fill in all Offer parameters (for more information about Offer parameters, see Offer Parameters).
5. Enter the assignment sum in the Amount box. The indicated amount is immediately revoked from the Follower Customer Account and converted to the PAMM Account currency. If the Master declines the Offer, the amount is converted back and credited to the Follower Customer Account.
Note! The value of the Amount box can`t be less than the value of the Initial Assignment box.
6. In the Expiration Date box choose the date till which the Follower Offer is valid. If the Master doesn’t accept or decline the Offer by the date, it is automatically rejected during the Rollover.
7. Click Create.
To delete Follower Offer, follow these steps:
1. Log in to PAMM website and click Follower on the main menu.
2. In the Follower Accounts table click the PAMM Account of your choice.
3. In the Current Request table select the Offer of your choice.
4. Click Delete Selected Requests.
Note! The Follower can delete his/her Offer as long as it is not accepted by the Master.
If the Master accepts the Offer, the join request is automatically created. The request is displayed in the Processed Requests table on the PAMM Account page.
HOW TO BECOME A FOLLOWER ACCOUNT HOLDER.
To become a Follower Account holder, a user must accept a Master Offer of one of PAMM Accounts provided that he/she has sufficient funds available on the Customer Account. Accepting the Offer, the Follower makes a request to assign funds from the Customer Account to the Follower Account. Follow these steps to become Follower account holder:
1. Log in to PAMM website, then on the main menu click PAMM Accounts to see available PAMM Accounts (click Active Offers only to review the list of PAMM Accounts with active Offers):
Sort the rating of PAMM Accounts to find the most attractive account for joining (for more information on PAMM Account rating, see Rating)
2. To view detailed information about this account, click the PAMM Name.
3. To the left of the chart, click Join.
4. In the Offers table, choose the Offer and click Join.
5. Make sure you have read and understood the Offer Parameters.
6. In the Amount box, enter the sum of initial assignment. Entered value must be greater or equal to the value of the Initial Assignment.
7. Choose the Date to Execute if necessary (default value is the current date).
8. Read and accept the PAMM Account Service Regulations document and click Submit Request. The request is processed during the Current Rollover.
In addition, any Follower can add a PAMM Account to the Watched Accounts table. To add the PAMM Account to the Watched list, follow these steps:
1. Log in to the PAMM website, then on main menu click PAMM Accounts to see available PAMM Accounts.
2. In the PAMM Accounts rating click the name of the account.
3. After the PAMM account page is opened, click Add to Favorite.
The chosen PAMM Account is added to the Watched Accounts table (to open the table, click Followeron the main menu).
If the Master specified the link to the discussion web-page for contacting with him/her, upon clicking Discuss you will be redirected to the forum page.
HOW A FOLLOWER CAN ASSIGN ADDITIONAL FUNDS TO HIS/HER FOLLOWER ACCOUNT WITHIN THE PAMM
To assign additional funds to the Follower Account, follow these steps:
1. Log in to PAMM website, then on the main menu click Follower.
2. In the Follower Accounts table, find the right Offer and click Assign.
3. In the Customer Account box, select the account, then in the Amount box, enter the amount of assignment and click Assign Funds.
Note! If the assignment/revocation request is submitted before the Freeze Time, it is processed during the Current Rollover. If the request is submitted during the Freeze Time, it is processed during the Following Rollover.