General Info - PAMM Account
How do I create PAMM account with MFM Securities?
A PAMM Manager can control the funds of other investors, earning a percent of any profit on the account, depending upon the success of their trading.
To create your own PAMM Account:
- Log in MFM Securities vault https://vault.mfmsecurities.com/
- From the main menu, choose and click the tab "Become PAMM Manager".
- Select the type of PAMM Account you wish to open and the currency denomination “USD”.
- When you open a PAMM Account, you should choose whether you would like it to be public or private and fill in the investment details for your setting.
The account is activated within 24hours and when you have deposit minimum fund USD 200.
What is a public and private PAMM account?
Public PAMM Accounts appear in the PAMM Accounts ratings on our site. When this type of account is opened, a thread is automatically created in the MFM Securities Vault where the manager can connect with current and potential investors. Before you can register a public PAMM Account, you will need to be registered with MFM Securities Vault. The public PAMM Account is designed for managers who wish to actively seek investment.
Private PAMM Accounts do not appear in the PAMM Accounts ratings on our site. They do not have their own thread on the Forum. The private PAMM Account allows managers to try out the PAMM Service and work out new trading strategies while limiting client interaction. Private PAMM Managers are not required to respond to investor questions in the MFM Securities PAMM Account.
Attention:
- The first time you make a PAMM Account public, you will need to choose a nickname for the PAMM Platform. The nickname you choose will be permanently tied to your PAMM account.
- The next time you make a PAMM Account public, you will be assigned the same nickname you chose for the first account.
How do I as “PAMM Manager” make a top up to my PAMM Account?
A Managers Investment Account is an account that is designed to allow a trader to add his own, or private investors, capital to his PAMM Account.
If the trader wants to increase the amount of his own investment in the PAMM Account, he should deposit funds to his Managers Investment Account.
To do this, you should:
- Log in to MFM Securities Vault.
- Go to the My Investment.
- Select the Current Investment.
- Click Invest and select “Invest From”.
- Enter the amount you wish to deposit, and then click “Submit”.
- The deposit transaction will be processed within 24hours.
How do I make a withdrawal from my manager PAMM account?
A PAMM trader can only withdraw his/her share in the account which is not involved in trades. This to protect investors from the risk of their fund’s withdrawal by a PAMM trader.
To make a withdrawal:
- Log in to MFM Securities Vault.
- Go to the My Investment.
- Select the Current Investment.
- Select the withdrawal method.
- Enter the amount you wish to withdraw, and then click submit.
- The withdrawal transaction will be processed within 24hours.
Only ONE withdrawal transaction allowed per day.
How can I change My Manager account type?
The Manager account cannot be changed as per default. Manager can open new PAMM account to start with new account type.
What is the best PAMM Investment parameter to choose the best manager?
We can define statistics as a collection of facts belonging to a collection of events in trading activities. Risk management rules will not only protect you, but they can make you very profitable in the long run. This is the confession for every single statistic in PAMM investment.
Average loss trade refers to the average loss value per a trade (the total of losses divided by the number of losing trades).
Average profit trade refers to the average profit value per a trade (the total of profits divided by the number of winning trades).
Days opened refers to the amount of days since the PAMM opened.
Equity refers to the current PAMM equity.
Expected payoff refers to this is a statistically calculated value showing the average return of one deal. Also, it is considered to display the expected return of the next trade.
Length of Trading history refers to the amount of days since the first trade opened
Manager's Capital refers to the amount of money invested by the manager into his own PAMM.
Number of investors refers to the number of current PAMM investors.
Percentage deals with SL refers to the amount of trades with set SL level.
Profitability refers to the amount of days when profit > loss.
Profit Factor refers to the ratio between gross profit and gross loss in per cents. The 1 (one) value means that profit equals to loss.
Profit Trades (% of total) refers to the amount of profitable trades and their percentage in the total trades.
I am a PAMM trader. Can I change the commission I take for managing the invested funds?
The size of the commission charged is set by you just once when registering with the PAMM system and can be changed after 30 days afterwards.
What is ‘Manager Fee’?
High water mark commission fee system refers to a commission system where management fees are only payable if the Performance of the PAMM Account at the time of calculation exceeds the previous performance at the time when the Management Fee was previously paid to the PAMM Manager. The first Management Fee will be payable when the previous highest Performance level is reached
"Profit different" calculates as (Current Profit – Maximum Previous Profit). If (Profit Different > 0 and current Profit > 0) the system pays commission to the manager.
Commission = Profit different * user Share * manager fee percent / 100
PAMM Manager Fee Percent = 10%
Profit = 200
Previous profit = 150
Profit different = 50
User share = 25% = 0.25
Commission = 50 * 0.25 *10/100 = 1.25
The PAMM Investment shares calculation.
The following rules apply to the calculation of shares of PAMM Account Participants (Investors and Manager)
1. When calculating the shares of the participants of a PAMM Account, at the moment of calculation, the total amount of Funds on the PAMM Account is considered as 100%.
2. The share of each participant of a PAMM Account is expressed in percent and calculated as a proportion of the funds of each participant to the total amount of Funds of the PAMM Account.
PAMM Account at the moment of calculation:
Share = equity * share coefficient where
Share coefficient – the current share of the investor in %
Equity – equity of PAMM Account
Any deposit or withdrawal to/from the PAMM Account results in a recalculation of shares of all participants of the PAMM Account.
PAMM Investor
How much is the percentage that I would receive as the Introducer Broker?
As your reward for introducing a client to invest with a PAMM Manager, you will receive 5% of the PAMM Manager's fee based on the investment profit made. Here's an example of how we would calculate for you:
Profit earned by PAMM Manager: USD500
5% reward for Introducer Broker: 5% x USD500 = USD25
This will not only be your one-time reward, each time a profit made; you will receive another 5%!
PAMM Manager
How do I create PAMM account with MFM Securities?
A PAMM Manager can control the funds of other investors, earning a percent of any profit on the account, depending upon the success of their trading.
To create your own PAMM Account:
- Log in MFM Securities vault https://vault.mfmsecurities.com/
- From the main menu, choose and click the tab "Become PAMM Manager".
- Select the type of PAMM Account you wish to open and the currency denomination “USD”.
- When you open a PAMM Account, you should choose whether you would like it to be public or private and fill in the investment details for your setting.
The account is activated within 24hours and when you have deposit minimum fund USD 200.
What is a public and private PAMM account?
Public PAMM Accounts appear in the PAMM Accounts ratings on our site. When this type of account is opened, a thread is automatically created in the MFM Securities Vault where the manager can connect with current and potential investors. Before you can register a public PAMM Account, you will need to be registered with MFM Securities Vault. The public PAMM Account is designed for managers who wish to actively seek investment.
Private PAMM Accounts do not appear in the PAMM Accounts ratings on our site. They do not have their own thread on the Forum. The private PAMM Account allows managers to try out the PAMM Service and work out new trading strategies while limiting client interaction. Private PAMM Managers are not required to respond to investor questions in the MFM Securities PAMM Account.
Attention:
- The first time you make a PAMM Account public, you will need to choose a nickname for the PAMM Platform. The nickname you choose will be permanently tied to your PAMM account.
- The next time you make a PAMM Account public, you will be assigned the same nickname you chose for the first account.
How do I as “PAMM Manager” make a top up to my PAMM Account?
A Managers Investment Account is an account that is designed to allow a trader to add his own, or private investors, capital to his PAMM Account.
If the trader wants to increase the amount of his own investment in the PAMM Account, he should deposit funds to his Managers Investment Account.
To do this, you should:
- Log in to MFM Securities Vault.
- Go to the My Investment.
- Select the Current Investment.
- Click Invest and select “Invest From”.
- Enter the amount you wish to deposit, and then click “Submit”.
- The deposit transaction will be processed within 24hours.
How do I make a withdrawal from my manager PAMM account?
A PAMM trader can only withdraw his/her share in the account which is not involved in trades. This to protect investors from the risk of their fund’s withdrawal by a PAMM trader.
To make a withdrawal:
- Log in to MFM Securities Vault.
- Go to the My Investment.
- Select the Current Investment.
- Select the withdrawal method.
- Enter the amount you wish to withdraw, and then click submit.
- The withdrawal transaction will be processed within 24hours.
Only ONE withdrawal transaction allowed per day.
How can I change My Manager account type?
The Manager account cannot be changed as per default. Manager can open new PAMM account to start with new account type.
What is the best PAMM Investment parameter to choose the best manager?
We can define statistics as a collection of facts belonging to a collection of events in trading activities. Risk management rules will not only protect you, but they can make you very profitable in the long run. This is the confession for every single statistic in PAMM investment.
Average loss trade refers to the average loss value per a trade (the total of losses divided by the number of losing trades).
Average profit trade refers to the average profit value per a trade (the total of profits divided by the number of winning trades).
Days opened refers to the amount of days since the PAMM opened.
Equity refers to the current PAMM equity.
Expected payoff refers to this is a statistically calculated value showing the average return of one deal. Also, it is considered to display the expected return of the next trade.
Length of Trading history refers to the amount of days since the first trade opened
Manager's Capital refers to the amount of money invested by the manager into his own PAMM.
Number of investors refers to the number of current PAMM investors.
Percentage deals with SL refers to the amount of trades with set SL level.
Profitability refers to the amount of days when profit > loss.
Profit Factor refers to the ratio between gross profit and gross loss in per cents. The 1 (one) value means that profit equals to loss.
Profit Trades (% of total) refers to the amount of profitable trades and their percentage in the total trades.
I am a PAMM trader. Can I change the commission I take for managing the invested funds?
The size of the commission charged is set by you just once when registering with the PAMM system and can be changed after 30 days afterwards.
What is ‘Manager Fee’?
High water mark commission fee system refers to a commission system where management fees are only payable if the Performance of the PAMM Account at the time of calculation exceeds the previous performance at the time when the Management Fee was previously paid to the PAMM Manager. The first Management Fee will be payable when the previous highest Performance level is reached
"Profit different" calculates as (Current Profit – Maximum Previous Profit). If (Profit Different > 0 and current Profit > 0) the system pays commission to the manager.
Commission = Profit different * user Share * manager fee percent / 100
PAMM Manager Fee Percent = 10%
Profit = 200
Previous profit = 150
Profit different = 50
User share = 25% = 0.25
Commission = 50 * 0.25 *10/100 = 1.25
The PAMM Investment shares calculation.
The following rules apply to the calculation of shares of PAMM Account Participants (Investors and Manager)
1. When calculating the shares of the participants of a PAMM Account, at the moment of calculation, the total amount of Funds on the PAMM Account is considered as 100%.
2. The share of each participant of a PAMM Account is expressed in percent and calculated as a proportion of the funds of each participant to the total amount of Funds of the PAMM Account.
PAMM Account at the moment of calculation:
Share = equity * share coefficient where
Share coefficient – the current share of the investor in %
Equity – equity of PAMM Account
Any deposit or withdrawal to/from the PAMM Account results in a recalculation of shares of all participants of the PAMM Account.
Introducer Broker
How much is the percentage that I would receive as the Introducer Broker?
As your reward for introducing a client to invest with a PAMM Manager, you will receive 5% of the PAMM Manager's fee based on the investment profit made. Here's an example of how we would calculate for you:
Profit earned by PAMM Manager: USD500
5% reward for Introducer Broker: 5% x USD500 = USD25
This will not only be your one-time reward, each time a profit made; you will receive another 5%!
You can access both of our platforms from a single MFM Securites account.