Legal Documents+
Jade FOREX offers 3 types of master accounts for fund managers and professional traders: multi-account manager accounts MAM/PAMM/LAMM. Our MAM/PAMM/LAMM accounts are designed to easily manage and trade multiple sub-accounts on the MT4 platform, so that trades in the manager's master account can be linked to the sub-accounts for trading.
Our MAM/PAMM/LAMM accounts can distribute orders and profits to the trading accounts designated by the connected sub-account holders based on pre-defined algorithms and distribution methods. Sub-accounts can also be accessed from the same environment as regular MT4 trading to confirm the operator's trades.
01
Can collect
management fees
02
Allocation can be made
from a minimum of 0.01Lot
03
No limit on the number
of sub-account holders
04
No limits on the use of
automated trading systems, etc
MAM stands for "Multi Account Manager" and is an operational method whereby a sub-accountholder can outsource trading to an operator by simply depositing funds into his/her own account. The sub-accountholder's account is credited with a percentage of the margin on the positions traded by the operator.
PAMM stands for Percentage Allocation Management Module. The management method itself is the same as MAM, but the critical difference is that the sub-accountholder can only view the trading history of the assets under management and not the open orders. By preventing access to trading history, the risk of trading methods being stolen is eliminated.
LAMM, which stands for Lot Allocation Management Module, is an operational method that allows sub-account holders to outsource trading by simply depositing funds into their own accounts. The sub-accountholder's account is maintained by the subaccountholder. The critical difference between LAMM and MAM is that with LAMM, the sub-accountholder can also place settlement orders (profit and loss).
MAM/PAMM/LAMM account holders can collect commissions on each trade through our platform. In addition, we can also collect a share of profits from trades that are profitable. There are no restrictions on the use of automated trading systems (EAs) or trading methods of any kind. There is no limit to the number of sub-account holders, so it is possible to increase the number of sub-accounts as much as you want.
In MAM/PAMM, only the operator is responsible for setting profit/loss, parameters, and other operational settings for the trade. (LAMM is not applicable).Please contact our support for more information on the profit sharing ratio between the operator and the sub-account holder.
In order to open a MAM/PAMM/LAMM master account at Jade FOREX, you will need to sign an LPOA with each sub-account holder. Please contact our support team for more details.
JadeFOREX offers a quick account opening that allows you to open an account immediately by providing your name, email address and password. This allows you to start a trade with a very simple procedure.