No, you can't change the PAMM offer. Before submitting your PAMM account application, make sure to get acquainted with the rules of provision of the "Managed account (PAMM)" service. After submitting the application, the Company's manager shall contact you to confirm the offer’s parameters.
No, the amount of the Manager's remuneration does not depend on the volume of the investment, it is set by the Manager's offer and is not subject to change.
Yes, once the request to open a Managed account (PAMM) is accomplished, a new account will appear in your Client Area ("My PAMM" section). Account’s details are sent to the email address you used to sign up.
No, a Managed account (PAMM) is only available for MT4 Fixed, MT4 NDD, MT4 NDD No Commission accounts, in EUR and USD.
A closed PAMM account cannot be restored.
You can open a new PAMM account with the same details of the Manager's offer. The name of the PAMM will have to be changed.
The minimum amount of the Manager's capital required to open a Managed Account (PAMM) is 300 USD (or equivalent in other currency).
The rules of provision of the Managed account (PAMM) service can be accessed in the "Documents" tab of the "Investors" section.
Parameters of the PAMM Manager's offer are published on the account rating page.
The offer stipulates:
The minimum investment amount — the initial contribution of the investor to join the PAMM.
Manager's remuneration — the share of profit (as a percentage) that is paid to the Manager from the profit received for successful work.
Investment period (in weeks) — a period of time that is multiple of one week, during which the PAMM funds are managed, and at the end, the profit is calculated and distributed between investors, the Manager and PAMM agents.
Early withdrawal penalty — funds withheld by the investor in favor of the Manager, if funds are withdrawn from the PAMM before the end of the next investment period. Calculated as a percentage of the amount withdrawn.
PAMM agent remuneration — the amount paid to a PAMM agent for attracting an investor to а Managed account (PAMM). It is calculated as a percentage of the Manager's remuneration received for managing the funds of the attracted investor.
The Manager receives the funds paid by an investor as a penalty for early withdrawal within 60 days. A manager’s Invest account is credited with the penalty funds.
The position of a Managed account (PAMM) in the rating depends on many factors, such as: account age, total profitability, profit factor, maximum drawdown, account funds and Manager funds. By default, the rating of Managed accounts (PAMM) is sorted by the amount of funds on the account.
You can change the trading password of a Managed account (PAMM) in the section of your Client Area: "My PAMM" - "Manager" - "Settings».
Closing a PAMM means liquidating a Managed account (PAMM). To do this, the Manager shall submit an application for a total withdrawal of their funds, which includes the Manager's capital and profit. There should be no open positions or pending orders on the PAMM at the time of submitting the application, otherwise a complete withdrawal of funds and liquidation of the PAMM is impossible.
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