What are MAM and PAMM? Table of Contents
What are MAM and PAMM?
The best and reliable solution for professional fund managers.
Account Management System (MAM) & Percent Distribution Management System (PAMM) open up an additional source of income for account managers. MT4 MAM software allows traders to connect their MT4 account with the main trading account, and according to their own trading strategy, with the number of lots, available margin, percentage, balance or equity parameters for a trading copy.
- MAM
- MAM software provides seamless integration of trading accounts and can automatically execute transactions based on flexible parameter configuration.
- PAMM
- PAMM allows traders to connect their MT4 account with the main trading account or the account of the fund manager who trades on their behalf.
The Percentage Allocation Management Model (PAMM) allows clients to designate professional traders and fund managers.
Through the PAMM solution, professional traders and fund managers can manage multiple accounts through one trading platform, and distribute proportionally according to the deposit amount of each account, and manage the trading results (transactions, profits, and losses) proportionally Allocation between accounts.
In order to be able to manage the client’s account, the fund manager must sign a letter of authorization (POA) with the account owner. In the POA authorization letter, the fund manager and the client must agree on the fee and profit-sharing structure.
Find out more about SuperForex’s MAM and PAMM
What is a Fund manager?
MT4 multi-terminal is a software designed by Metaquotes, which allows traders to manage multiple MT4 real accounts or simulated accounts.
Multi-Account Management System (MAM)-is a more advanced software designed by a third-party company. Compared with the MT4 terminal, MAM software provides more functions and distribution methods and is mostly used by professional fund managers. MAM is only used to set the allocation method, and all transactions will be performed on the main account in the MT4 terminal, so fund managers can use all the advantages of the MT4 platform, such as EA, charts, indicators, etc.
MT4 Multi-Terminal for PAMM
MetaTrader 4 is designed for account managers and traders who deal with multiple accounts at the same time.
Multi-Terminal provides all MT4 functions (order placement and modification, partial or full position closing, receiving broker emails, news updates) and has a familiar MT4 interface.
The difference between Multi-Terminal and MT4 is the ability to manage multiple accounts at the same time. Multi-Terminal gives you the opportunity to allocate the order volume across accounts in order to place the necessary amount for each order, choosing between evenly distributing funds or letting the program automatically allocate funds based on the funding ratio.
Multi-Terminal Multi-terminal provides security for investors because all operations of the manager are processed in the investor’s account so that transactions can be easily controlled, and more advanced security technology ensures the confidentiality of the account.
Multi-Terminal is a simple and versatile product. Even the most inexperienced users can quickly and easily start using it, using MetaTrader 4 for market analysis and Multi-Terminal for trading.
- Multi-terminals cannot run with Expert Advisor (EA) transactions.
- The multi-terminal has no chart function.
- Multiple terminals may cause execution delays because the transaction allocation is done directly from the client terminal.
- When logging in with the customer’s investor password, Multi-Terminal can be used as a background manager to check the status of the customer’s account.
- Application requirements: At least 3 customer accounts with a total amount of more than US$10,000. The “micro lot” client terminal cannot be set in the same group as the “standard lot” client terminal.
Go to SuperForex Official Website
What is a MAM account?
The Multi-Account Management System (MAM) is designed for fund managers who seek greater flexibility when allocating transactions on a single master account. With this tool, fund managers can quickly execute large orders directly under one master account.
Compared with PAMM, which allocates transaction volume based on the proportion of funds, MAM accounts give fund managers more flexibility in allocating transactions. This flexibility is a feature that makes MAM accounts so popular because fund managers prefer to use a master account for trading in the foreign exchange market.
Compared with PAMM, which allocates transaction volume based on the proportion of funds, MAM accounts give fund managers more flexibility in allocating transactions. This flexibility is a popular feature of MAM accounts because fund managers prefer to use a master account for trading in the foreign exchange market.
Contact SuperForex Support Team
The best beneficiary in the MAM account
If you are a trader managing multiple accounts, it is recommended to consider using the MAM system. If you use EA, this is more suitable for you because you need to manage various accounts flexibly. By using MAM, you can extend the functionality of the MetaTrader 4 platform.
MAM is an additional component of the MT4 program and is fully integrated. You don’t need multiple MT4 interfaces because you can control multiple accounts from one account. This simple function enables money managers to better control their transactions while working from one interface.
Each account you manage can be traded from a MetaTrader 4 client terminal. Through centralized processing and a server-based system, you can have hundreds of different accounts, all of which can be traded with one click, between each transaction There is also no delay, which ensures that the consistent speed between management accounts is very effective.
It is important to note that, like any foreign exchange transaction, investing in MAM comes with high risks and this should be taken into consideration before participating.
Go to SuperForex Official Website
What is a PAMM account?
The Percent Allocation Module Management (PAMM) account is a solution for customers who want to trade a separate account under a money manager. In the beginning, the fund manager used part of his investment as the manager’s capital investment.
The money manager’s funds cannot be withdrawn as insurance for potential investors.
Then, the money manager needs to advertise based on the performance of the account so that other investors want to be traded by the manager; these investors will also have a series of conditions detailing how much profit they will retain and how much profit the money manager will make. Usually, this is done through an intermediate foreign exchange broker who ensures the safety of PAMM but is not responsible for any losses.
Once money managers have acquired interested investors, they can start investing in the market. For example, when using a PAMM account, the manager can open a 100-lot long position and split the position between each sub-account based on the percentage of equity in each account, which ensures that each account contributes its share to the transaction.
Find out more about SuperForex PAMM
Advantages of PAMM account
Managers benefit from PAMM accounts and can make money not only from their own investments but also from other investors. Since investors must agree on a series of conditions, managers and investors have a certain degree of contract and binding rights.
Investors benefit from PAMM accounts operated by experienced traders. If you give your money to someone who is experienced and proven to be successful, you have a better chance of gaining profit. Investors can also diversify their funds through multiple PAMMs, thereby reducing risk.
It is important to note that, like any foreign exchange transaction, investing in MAM comes with high risks and this should be taken into consideration before participating.
Please check SuperForex official website or contact the customer support with regard to the latest information and more accurate details.
SuperForex official website is here.
Please click "Introduction of SuperForex", if you want to know the details and the company information of SuperForex.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!