General Questions

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  What's PAMM Account Rollover?

  PAMM Account Rollover (which we will also simply call "Rollover") is a something that takes place at the end of each trading hour. During Rollover, the following happens:

  • Trading results are finalized and recorded.
  • The Manager's Remuneration is calculated.
  • Deposit and withdrawal requests are processed.
  • Information about the PAMM Account on the Alpari site is updated.

  There are two types of Rollover:

  • Active Rollover: During this type of Rollover, data is gathered, information about PAMM Accounts and Managed Accounts is updated on the Alpari site, PAMM Partners and Managers are paid remuneration and deposit/withdrawal requests are processed.
  • Idle Rollover: During this type of Rollover, data is gathered, information about PAMM Accounts and Managed Accounts is updated on the Alpari site and PAMM Partners and Managers are paid remuneration, but deposit/withdrawal requests are not processed.

  The number of Active Rollovers on a PAMM Account and how often they will take place is determined by the PAMM Manager in the Request Planner.

  Important: Active Rollover will take place on PAMM Accounts every hour by default (based on the server time), with a Threshold of 10 minutes.

  Every 24 hours, there must be at least one Active Rollover.

  Read the PAMM Account Regulations to find out more about Rollover.

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  What's a Trading Interval?

  A Trading Interval is a period of one calendar month. At the end of the Trading Interval, the Manager's trading is tallied up, the profit earned on the PAMM Account is divided among the Investors and the Manager receives their Remuneration (compensation) from the Investors' share of the profits.

  The time and date the Trading Interval begins each month is based on when the Managed Account is activated (when the first deposit is made).

  For Example: On April 15, an Investor creates a Managed Account and submits a deposit request. The request is processed on April 16. The final day of the Trading Interval on this Managed Account will be the 16th of each following month.

  If the Managed Account is activated on a date which will not occur in the following month, the last date of the Trading Interval and the starting date of the new Trading Interval for this Managed Account will be the last trading day of the month.

  For Example: An Investor activates a Managed Account on January 31. The last day of each following Trading Interval on this Managed Account will be the last day of each successive month: February 28, March 31, April 30, and so on.

  If the last date of the Trading Interval happens to be on a weekend or a holiday, the last day of that Trading Interval and the first day of the following Trading Interval will be the day following the weekend or holiday.

  The Manager’s "Remuneration" is automatically deducted from Investor Managed Accounts at the end of the Trading Interval based on the terms in the Proposal.

  The exact time the Trading Interval ends is decided at 12:00 CET (server time) on the day before the last day of the Trading Interval. At 12:00, the end time of the Trading Interval will be fixed as the time of the last scheduled Active Rollover on the last day of the Trading Interval in the Request Planner. This means that after 12:00, the Manager will not be able to adjust the end time of the Trading Interval by changing or canceling Active Rollovers in the Request Planner.

  For Example: The Trading Interval for a Managed Account ends on April 15. In the Request Planner for the PAMM Account, it is stated that Active Rollovers will occur daily at 5:00, 13:00 and 21:00. The time of the last Active Rollover (on the 15th) will be decided on April 14th at 12:00 CET (server time), based on the time of the last scheduled Active Rollover of the day in the Request Planner (21:00 in our example). The end time of the Trading interval will be fixed at 21:00. The Manager will not be able to change this time by making an adjustment in the Request Planner. Even if the Manager cancels the Active Rollover at this time, the Trading Interval will end at 21:00.

  Important: After a profitable Trading Interval, Investors may notice that the number of Shares on their Managed Account has decreased. This is because the Manager's Remuneration is deducted from the Managed Accounts of Investors at the end of the Trading Interval. Remuneration is transferred to the Manager as a certain number of Shares from each Investor's Managed Account. This only happens when there is a profit on the PAMM Account (when the Equity is greater than the Balance). Let's take a look at how this works:

  For Example: An Investor's account is activated on February 1, with an initial deposit of 1,000 USD. The initial Share Price is 125. At this point on the account:

  • Balance = Equity = 1,000 USD
  • Number of Shares = 1,000 / 125 = 8.00

  The Manager's Remuneration is 50% (as recorded in the Proposal).

  Let's say the Share Price rises to 250 by March 1st, the end of the Trading Interval. The Balance is still 1,000 USD, however the Equity has risen to 2,000 USD (250 / 125 X 1,000). The Number of Shares is still 8.

  Here's what happens on the account:

  • Manager's Remuneration = (2,000 - 1,000) X 50% = 500
  • Net Value = 2,000 - (2,000 - 1,000) X 50% = 1,500

  So, at the end of the Trading Interval, the Manager's Remuneration will be 500 / 250 = 2.00 Shares.

  At the end of the Trading Interval:

  • Balance = Equity = Net Value = 1,500
  • Share Price = 250
  • Number of Shares = 8.00 - 2.00 = 6.00

  Once again, the Equity is equal to the Number of Shares multiplied by the Share Price.

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  What's the Manager's Proposal?

  The Manager's Proposal (which we will also simply call the "Proposal") is a Manager’s offer to Investors join their PAMM Account (by opening a Managed Account). The Proposal lists the Manager's terms for PAMM Investors.

  A Proposal may be "Public" or "Private."

  • A Public Proposal is available for all potential Investors to view. On a Public Proposal, PAMM Account Investors can create new Managed Accounts (which represent their share in the Manager's PAMM Account) and make deposits to existing accounts. The Manager can either allow or block Investor deposits in a Public Proposal.
  • A Private Proposal is inactive and unable. Investors will be unable to view a Private Proposal and unable to open a Managed Account. However they will be allowed to make a deposit to their existing account if the Manager allows this.

  Managers are only allowed to create one Public Proposal for each PAMM Account.

  A Proposal consists of one or more levels. At each level, Managers specify a different set of terms for their PAMM Account Investors.

  The Manager decides the following for each level:

  • The minimum investment for the level
  • The Manager's "Remuneration," or the percentage of compensation the Manager will receive from the Investors' share of the profits
  • The percentage of remuneration PAMM Account Partners receive in the "Refer a Friend" program
  • The "Undisclosed Period," or the amount of time information about a Manager's trading will be kept from their investors (to protect their trades from being copied)

  The Manager also sets the "Minimum Deposit" and "Minimum Withdrawal" levels for the Managed Account in the Proposal.

  The Manager must follow these rules when setting the terms for different levels in their Proposal:

  • The minimum investment amount for the next level must be more than the minimum investment of the previous level.
  • The percentage of remuneration in the "Refer a Friend" program must be greater than or equal to the previous level.
  • The Manager’s "Remuneration" from Investor profits and their "Undisclosed Period" (for Trading Statements) must be less than or equal to the previous level.

  An Investor’s Managed Account is moved to the next level in the Proposal automatically when the Balance rises above the minimum investment of the next level or is moved to a lower level if the Balance drops below the "minimum investment" of the current level.

  Here's how this works:

  

  Level 1: 1,000/50%/Week

  Level 2: 1,500/40%/Day

  Level 3: 2,000/30%/Hour

  In the Proposal shown above, at the first Proposal level, with an investment of 1,000-1,500 USD, an Investor will pay 50% of their share of the profits to the Manager as Remuneration. The "Undisclosed Period" for Trading Statements on their Managed Account will be one week.

  If the Balance of a Managed Account balance rises above 1,500 USD (either after the Investor receives their share of the profit at the end of the Trading Interval or after they make a deposit to the Managed Account), the Manager's "Remuneration" from profit will drop to 40% and the Undisclosed Period will change from one week to one day.

  Important: Managers can create their Proposal immediately after creating their PAMM Account. After doing this, Investors can join the Manager's PAMM Account by opening Managed Accounts, but they will not be able to make a deposit until the Manager provides additional documentation.

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  What's the Managed Account Equity? Balance?

  The Managed Account Equity is the total value of Investor assets on a Managed Account at the last Rollover.

  The Managed Account Balance is the sum of all deposits and withdrawals to/from a Managed Account. After the Trading Interval ends and Remuneration is paid out, the Managed Account Balance will be equal to the Equity.

  Net Value Increase is the measure of the net gain/loss on a Managed Account since it was opened, taking only the changes resulting from the Manager's trading into account (excluding deposits and withdrawals).

  Net Value Increase = Net Value - Total Deposits + Total Withdrawals

  Example 1: An Investor makes a deposit of 1,000 USD to their Managed Account. Based on the Manager's terms in their Proposal, the Investor will pay 50% of their share of the profits to the Manager as Remuneration. The Balance of the Managed Account starts at 1,000 USD. After a successful Trading Interval, the Managed Account Equity rises to 1,500 USD. The Investor will pay the Manager 250 USD (50% of the 500 USD profit) in Remuneration at the end of the Trading Interval. After the Manager is paid their Remuneration, the Balance and the Equity of the Managed Account will be 1,250 USD.

  Notes:

  • When a withdrawal is made from a Managed Account, both the Balance and the Equity will decrease by the withdrawal amount, provided the account Equity is greater than or equal to the Balance.

  Example 2: The Managed Account balance starts at 1,000 USD. The Manager has a successful Trading Interval and the Balance and the Equity of the Managed Account rise to 1,500 USD. The Investor decides to submit a withdrawal request for 100 USD. When the request has been processed, the Balance and the Equity of the account will be 1,400 USD.

  • When a withdrawal is made, if the Equity is less than the Balance, the Equity will decrease proportionately to the drop in the Balance.

  Example 3: The Balance on a Managed Account is 1,000 USD a the beginning of the Trading Interval. By the end of the Trading Interval, the Managed Account Equity has fallen to 500 USD. An Investor submits a withdrawal request for 100 USD, or 10% of the Managed Account Balance. After the withdrawal request is processed, 50 USD (10% of the Managed Account Equity) will be withdrawn from the Investor's Managed Account. The Managed Account Balance decreases to 900 USD. The Equity decreases to 450 USD.

  When a Managed Account is closed, all of the funds remaining on the account will be withdrawn at the current "Share Price" (at the time the withdrawal request is processed).

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  What are the PAMM Account Ratings?

  Only Public PAMM Accounts will show up in the PAMM Account Ratings. Before an account appears in the Ratings, the following conditions must be met:

  • The account has been open for more than a month.
  • The Manager has confirmed their registration data.
  • The Manager's Capital is at least 3,000 USD / 2,000 EUR.

  In the Ratings, by default, accounts are listed in order of their 6-Month return.

  You can also sort PAMM Accounts based on the following parameters: 1-Month Return, 3-Month Return, 6-Month Return, 1-Year Return, Account Equity, Manager's Capital and Popularity.

  You also have the option to view a complete listing of the PAMM Accounts at Alpari.

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  What is PAMM Account Monitoring? What ratings are included?

  If you would like to see a visual representation of a PAMM Manager's performance, you can check out the PAMM Account Monitoring, PAMM Account charts and data that factor in only the Manager's trading. Deposits and withdrawals are not reflected in the charts.

  Shares help to show an Investor’s overall share in the PAMM Account, or in other words, the Equity of an Investor's Managed Account in relation to the Equity of the PAMM Account as a whole.

  The Share Price is a reflection of the change in Equity on the account, which takes only the results of the Manager's trading into account. It is the same for all of the Investors in a PAMM Account (including the Manager). The Share Price for a PAMM Account can be calculated by dividing the PAMM Account Equity by the Share Count (for a Managed Account, divide the Managed Account Equity by the Share Count in the PAMM Account Monitoring). The PAMM Account Share Price is recalculated during every PAMM Account rollover.

  An Investor's Share Count is used when transferring the profits from the Manager’s trading to the Managed Account of an Investor. To calculate the Share Count for a Managed Account, divide the Managed Account Equity by the Share Price. The Share Count of a Managed Account is calculated during an Active Rollover after deposit and withdrawal requests have been processed.

  In the Monitoring, the Share Price and the Share Count are calculated to the 15th place after the decimal point. In myAlpari, the Share Price is shown to two decimal places and the Share Count to six to make things easier for our clients.

  Example 1: An Investor joins a PAMM Account by opening a Managed Account, submitting a deposit request for 1,000 USD. At Active Rollover, the Share Price on the PAMM Account is 200.00 USD. As soon as the request has been processed, the Investor will have 5.00 Shares (1,000 USD / 200.00) in the PAMM Account.

  At the next Rollover, the Share Price on the PAMM Account rises to 250.00. The Managed Account Equity increases to 1,250 USD (250.00 X 5.00 Shares = 1,250 USD).

  The Investor submits a deposit request for 500 USD. At Active Rollover, the Share Price is 250.00. As soon as the request has been processed, 2.00 shares (500 USD / 250.00) will be credited to the Investor's Managed Account. The Share Count of the Managed Account will increase to 7.00. The PAMM Account Equity will be calculated based on 7.00 shares at the next Rollover.

  Rate of Return represents the percentage of profit or loss over a certain time period on a Managed Account. It is calculated using the formula:
  
  (P2 - P1) / P1 X 100%

   

  • P1 = Share Price at beginning of the period
  • P2 = Share Price at end of the period

  Example 2: An Investor opens a Managed Account as part of a PAMM Account on July 1st. The Share Price starts at 250. By August 1st, the Share Price is 350. The Rate of Return on the Investor’s Managed Account is:
  
  (350 - 250) / 250 X 100 = 40%.

  You can also use the following formula to calculate the Rate of Return over a given time period using the "Rate of Return" graph in the PAMM Account Monitoring:
  
  ( (D2 + 100) - (D1 + 100) ) / (D1 + 100) X 100%

  • D1 = Rate of Return at beginning of the period
  • D2 = Rate of Return at end of the period

  Please Note: After the Trading Interval, the Manager will receive a percentage of each Investor's share of the profits (assuming the Manager's trading was profitable) as Remuneration on the PAMM Account. The Manager's Remuneration from each Investor is based on the terms established in the Proposal. It is transferred automatically to the Manager's Managed Account.

  Ratings in the PAMM Account Monitoring

  These are the ratings you can use to keep tabs on a Manager’s performance on a PAMM Account:

  • Maximum Relative Profit: the distance between a Low and a High following the Low on the PAMM Account Monitoring chart; the maximum amount that an Investor could have earned by investing in the PAMM Account
  • Maximum Relative Loss: the distance between a High and a Low following the High on a chart showing the Returns on a PAMM Account; the maximum amount an Investor could have lost investing in the PAMM Account
  • Maximum Daily Profit: the highest percentage of profit ever earned over the course of one day on a PAMM Account
  • Maximum Daily Loss: the highest percentage that has ever been lost over the course of one day on a PAMM Account
  • Average Daily Profit: the average value of daily profit (on days when there was a profit); measured in percentage
  • Average Daily Loss: the average value of daily losses (on days where there was a loss)
  • Daily Profit Volatility: the average value of all recorded daily profits and losses
  • Recovery Factor: this shows the relationship between the current profit and the maximum relative drawdown
  • Agressiveness of Trading: this is based on the maximum daily profit and maximum daily loss of a PAMM Account; ranging from 1 (low) to 5 (high)
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  How can I become a PAMM Partner?

  Becoming a PAMM Partner is easy. Either click on this link or follow the instructions below:

  • Log in to myAlpari.
  • Go to the "Partnership Networks" tab and click on the "Partner Registration" icon.
  • Choose "PAMM Partner."
  • Read and agree to the Regulatory Documents and click "Become a Partner."

  After you complete registration, any PAMM Manager will be able to add you as a Partner.

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  What is a Referral Link and how does it work?

  A Referral Link is a link which lets the Manager and the Manager’s Partners keep track of the Investors referred to the PAMM Account.

  After a Partner is added to the PAMM Account, they will be able to find their Referral Link by clicking "PAMM Partner" in the "Partnership Networks" section of myAlpari. This link can be placed on a Partner's website to keep track of their referral of Investors to the PAMM Account. If an Investor decides to open a Managed Account after clicking on the Referral Link, both the Manager and the Partner will be informed in myAlpari.

  Here's how this works: Manager Smith adds Partner Johnson to his PAMM Account. Johnson finds his Referral Link in "PAMM Partner" and places it on his website. Investor Simpson clicks on the link and is redirected to Manager Smith's PAMM Account. If Simpson decides to open a Managed Account as a part of Smith's PAMM Account within 180 days of clicking on the link, Simpson will automatically be added as Johnson's referred client when registering.

  Attention: A referral link will only work up to 180 days after the client last clicked on it.

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  What is the bonus system and how does it work?

  The PAMM Account features a bonus system which helps the Manager make investment in their PAMM Account more attractive to Investors. With the bonus system, Managers may credit a bonus to an Investor’s Managed Account or an inactive Managed Account.

  When the Manager adds a bonus to an Investor's Managed Account, the Balance will rise, but the Managed Account Equity will not be affected. The Investor may also move to a different level in the Manager's Proposal, in turn affecting their deposit requirements and the Manager's Remuneration from Investors.

  Important: Once a Manager has credited a bonus, it may not be canceled or returned.

  Example 1:

  An Investor opens a Managed Account on a PAMM Account with an initial deposit of 1,000 USD, placing them in the 1,000/50%/Hour level in the Manager's Proposal (see "What is the Manager’s Proposal?"). The Manager transfers a 1,000 USD bonus to the Investor's Managed Account. The Manager has a successful Trading Interval, earning 500 USD in profits. The Managed Account Balance increases to 2,000 USD (1,000 USD deposited by the Investor and 1,000 USD from the Manager's bonus). The Managed Account Equity increases to 1,500 USD (the credited bonus is not included in the calculation of the Equity). Although a profit was earned on the Managed Account, the Investor will not need to pay Remuneration to the Manager from their share of the profits, since the Equity is lower than the Balance on the Managed Account.

  After the second Trading Interval on the Managed Account, there is a profit of 900 USD. The Managed Account Equity rises to 2,400 USD. Now, the total profit on the Managed Account is 1,400 USD (Equity – Balance). When the Manager’s Remuneration is calculated, it will take the bonus into account (Equity – Balance + Bonus). The Manager will receive 200 USD in Remuneration ((2400 – 1000 - 1000) X 50%).

  Example 2:

  An Investor opens a Managed Account in the 1,000/50%/Hour level in the Manager's Proposal, but doesn’t make a deposit to the account. The Manager transfers a 500 USD bonus to the Investor's Managed Account. The investor will only need to invest 500 USD to open a Managed Account.

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  What's a Public/Private PAMM Account?

  When Managers open a PAMM Account, they must choose whether the account will be Public or Private.

  Public PAMM Accounts appear in the list of PAMM Accounts on our site. When this type of account is opened, a thread is automatically created in the Alpari Forum where the Manager can connect with current and potential Investors.
  Before you can register a Public PAMM Account, you will need to be registered in the Forum. The Public PAMM Account is designed for Managers who wish to actively seek investment.

  Private PAMM Accounts will not appear in the list of PAMM Accounts 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 Account Managers are not required to respond to investor questions in the Alpari Forum.

  Investment in Private PAMM Accounts is still possible and Investors can still view statistical information about their account in the PAMM Account Monitoring.

• Open a PAMM Account

For Managers

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  What is a PAMM Manager? How can I become one?

  PAMM Account Managers are Alpari clients who have created a PAMM Account, a trading account where other Alpari clients can invest their money. All trades on the PAMM Account are made by the PAMM Manager. In this arrangement, Investors benefit from the knowledge and experience of a successful Forex trader (the Manager) and Managers are rewarded with Remuneration (compensation) from the profits they earn their Investors. The larger investment pool also gives Managers more flexibility in their trading.

  If you are interested in becoming a PAMM Manager, click the following link to create a PAMM Account or follow these instructions:

  • Log in to myAlpari.
  • Click "Create a PAMM Account" in the "PAMM Managers" tab.
  • Fill out the form. Read and agree to our Regulatory Documents. Then click "Open Account."
  • Your account information will be sent to your registered email address.

  Important: Creating a PAMM Account involves the following steps:

  • Choose the type of account you would like and select your account currency.
  • Activate your account by indicating your "Manager's Capital," the amount you wish to invest publicly in your PAMM Account. You will need to transfer this amount from your Transitory Account to your Manager's Managed Account (read through the next section to find out more about this).
  • Choose whether your PAMM Account will be "Public" or "Private."

  PAMM Accounts, by default, will be Private. It is up to the Manager to decide when to activate the account and when to make it "Public."

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  What is the Manager's Capital? What is the Manager's Managed Account?

  In a PAMM Account, the Manager's Capital is an amount that the Manager keeps on their Managed Account (the Manager's Managed Account) at all times. It serves as a guarantee that Managers will keep their Investors' interests in mind when trading, since, by putting money into their own PAMM Accounts, Managers essentially become Investors themselves.

  When the PAMM Account is losing money, the Manager is losing money. The more the Manager has invested as the Manager's Capital, the more they have at stake, and the more incentive they have to make wise trading decisions.

  Attention: Managers are only allowed to increase the Manager's Capital. They may never decrease this amount. To increase the Manager's Capital on the PAMM Account, the Equity level must be higher than the Manager's desired level of Manager's Capital. After PAMM Managers have chosen their Manager's Capital, they will need to keep this amount on their account at all times. PAMM Managers can not make a withdrawal from their Managed Account if it will leave them with an amount less than the Manager's Capital. The only time a Manager can access this amount is if the account is liquidated.

  The Manager's Managed Account is the Manager's personal Managed Account, very much similar to the Managed Accounts of their Investors. It is used for allocating the profits and losses on the PAMM Account. It shows the Manager's share in the PAMM Account as a whole and includes both the Manager's Capital and the Manager's private investment in the PAMM Account.

  This is how it works:

  A Manager creates a PAMM Account, investing 2,800 USD as the Manager's Capital. The Manager transfers this amount to his Transitory Account, then to his Managed Account. The Balance of the Manager's Managed Account rises to 3,200 by the end of the first Trading Interval. The Manager chooses to increase the Manager's Capital by 200 USD (to 3,000 USD). 200 USD will remain on the Manager's Account as their private investment.

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  How can I make a deposit to the Manager's Managed Account?

  Managers can make a deposit to their Managed Account. They may do this either to increase the Manager's Capital on their PAMM Account or to add to their private investment in the account. Here's how to make a deposit to your Manager's Managed Account:

  • Log in to myAlpari.
  • In the "PAMM Managers" section, select the "My PAMM Accounts" icon.
  • Find your Manager's Managed Account. In the window that pops up, click "Deposit."
  • Enter your deposit amount and click "Submit."

  Important: After you submit a deposit request, you will be unable to cancel it.

  Processing Time: When a deposit request is submitted, it will be processed during the next scheduled Active Rollover in the Manager's Request Planner.

  After you have submitted a request, the time of the next Active Rollover will be fixed. The request will be processed at this time even if the Manager makes changes to the Request Planner.

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  How do I make a withdrawal from the Manager's Managed Account?

  A Manager can only make a withdrawal from their Managed Account if it will leave them with a balance greater than or equal to the Manager's Capital.

  To make a withdrawal:

  • Log in to myAlpari.
  • Go to "My PAMM Accounts."
  • Find your Manager's Managed Account. Click "Withdraw" in the window that pops up.
  • Choose the amount you wish to withdraw and click "Submit."

  Important: Once a withdrawal request has been submitted, you will be unable to cancel it.

  Processing Time: When you submit a request, it will be processed during the next scheduled Active Rollover in the Manager's Request Planner.

  After your request is submitted, the time of the next Active Rollover will be fixed as the time in the Manager's Request Planner. The request will be processed at this time, regardless of any changes the Manager makes in the Request Planner.

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  How do I change the Manager's Capital?

  To change the Manager's Capital on your PAMM Account:

  • Log in to myAlpari.
  • In the "PAMM Managers" section, go to "My PAMM Accounts."
  • Select your Managed Account. In the window that pops up, click "Change Manager's Capital."
  • Enter the value you wish to set as the Manager's Capital. Read and agree to the terms and conditions of changing the Manager's Capital. Click "Change."

  Alpari also offers Managers the "Automatically Increase Manager's Capital" function. When this feature is turned on, at each Rollover, the Manager's Capital will automatically increase by the amount of funds on the account exceeding the Manager's capital. To activate this feature, go to "My PAMM Accounts." Find your Manager's Managed Account and click on the "Auto-Increase MC" pencil icon.

  Attention: The Manager may only increase their Manager's Capital and only if the Equity level on their Managed Account is greater than the value they select as the Manager's Capital.

  Managers may increase the Equity on their Managed Account either by having a profitable trading period or by making a deposit to their Managed Account.

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  What is the Request Planner? How does it work?

  In the Request Planner, Managers set the time(s) when deposit and withdrawal requests from Investors will be processed on their PAMM Account (Rollover). They may choose any time of the day.

  In the Request Planner, the Manager can choose:

  • The type of Rollover (Active or Idle)
  • The "Threshold": the amount of time before a Rollover (in minutes) that a request will still be accepted
  • Whether they would like to be notified by SMS about new withdrawal requests

  To find your Request Planner, go to the "PAMM Investors" section of myAlpari and click on the "Investor Requests" icon.

  When a request for a deposit or withdrawal is submitted, the time of the next Active Rollover will be fixed as the next scheduled Active Rollover in the Request Planner. The request will be processed at this time even if the Manager makes changes to the Request Planner.

  Important: PAMM Accounts, by default, will be set up to have an Active Rollover occur every hour (based on the server time), with a Threshold of 10 minutes.

  In their Request Planner, Managers can change the number, the type and the Threshold of Active Rollovers.

  On a PAMM Account, there must be at least one Active Rollover every 24 hours.

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  What documents do I need to activate my Manager's Proposal?

  Before a Manager's Proposal is activated, a Manager needs to confirm their registered information. Managers must complete and sign an application form, providing information about the document (passport or ID) they used when registering for myAlpari.

  If a Manager has already confirmed their identity before when activating another PAMM Account, they will not be required to confirm their identity a second time.

  A Manager may confirm their identity by either sending apostilled copies of their documentation to us or by visiting an Alpari office in person to confirm their identity. If they choose to stop by our office, they will not be required to have their documentation apostilled.

  
  
  

  For Individual Clients:

  
  

  1. Visit One of Our Offices

  Verify your identity at either of the following locations:

  • Moscow
  • St.Petersburg

  Bring your passport with you.

  
  

  2. Send Us Apostilled Copies of Your Documentation

  Send a signed and notarized application form and a copy of the passport or ID which you used when registering for myAlpari.

  You can download the application form used to confirm your registration details in the following languages:

  • English
  • German

  If your country's official language is not listed above, you will need to send a notarized application, translated into one of these languages.

  
  
  

  For Legal Entities:

  
  

  1. Visit One of Our Offices

  Verify your identity at either of the following locations:

  • Moscow
  • St.Petersburg

  You must bring the following documents:

  • A letter of attorney from the company (either an apostilled original or an apostilled copy)
  • An official ID or passport (2-page spread/side with photo and signature) (original or apostilled copy)
  • A company certificate of registration (apostilled original or apostilled copy)
  • For companies more than a year old, a Certificate of Good Standing (apostilled original or apostilled copy)
  • A document confirming the appointment of your company's directors, with their authorized signatures (apostilled original or apostilled copy) (A Certificate of Incumbency or other similar document will suffice.)
  • A document including the company seal (apostilled original or apostilled copy) or a sample of the company seal
  • A document confirming the company's registered address (apostilled original or apostilled copy)

  You will need to fill out and sign the application form under the supervision of Alpari.

  
  

  2. Send Us Apostilled Copies of Your Documentation

  Send us the following:

  • A letter of attorney from the company (either an apostilled original or an apostilled copy)
  • An official ID or passport (2-page spread/side with photo and signature) (original or apostilled copy)
  • A company certificate of registration (apostilled original or apostilled copy)
  • For companies more than a year old, a Certificate of Good Standing (apostilled original or apostilled copy)
  • A document confirming the appointment of your company's directors, with their authorized signatures (apostilled original or apostilled copy) (A Certificate of Incumbency or other similar document will suffice.)
  • A document including the company seal (apostilled original or apostilled copy) or a sample of the company seal
  • A document confirming the company's registered address (apostilled original or apostilled copy)
  • The original copy of the application

  If you are worried that one of the documents listed above is not available in your country, please contact Alpari in advance to have your documentation pre-approved.

  The application to confirm your registration details is available in:

  • English
  • German

  If your country's official language is not listed above, you will need to send a notarized application, translated into one of these languages.

  
  
  

  Attention: Alpari will not accept your documentation if it isn't filled in correctly or if the copies are illegible.

  You can send your documentation:

  • To Our PO Box: POB alpari, Post Office 101000, Moscow, Russia, 101000 (marked "Investment Department")
  • To Our Office (by Courier): "Alpari", 16 Raketniy Boulevard, 129164, Moscow, Russia (marked "Investment Department")

  If having your documents delivered by courier, you can use this number: +7 (495) 710-76-76

• Read Close 8

  How does Alpari protect the PAMM Manager's transactions from being copied?

  Managers may set an "Undisclosed Period" on their PAMM Account, to protect their trading from being copied. This feature sets a delay for the information Investors can view about their PAMM Accounts.

  Managers can choose the following options for their "Undisclosed Period":

  • "None"
  • "Hour"
  • "Day"
  • "Week"
  • "Month"
  • "Never Disclose"

  With an "Undisclosed Period" of one day, the most recent information about a PAMM Account available to Investors will be from a day earlier. The Manager may also choose "Never Disclose." When the Manager selects this option, Investors will not be able to view information about the Manager's trading.

  Attention: The Undisclosed Period only sets a delay for the information about the Manager's trading. All information about deposits, withdrawals and transfers will be available to Investors immediately after they are made, regardless of the Manager's account settings.

• Read Close 9

  How do I register a Manager's Partner?

  PAMM Account partnership programs allow the Manager to set up a partnership with any Alpari client. These programs feature a flexible reward system for Partners, allowing Managers and Partners to agree upon how Remuneration should be paid out.

  To add a Partner to you PAMM account, follow the instructions below:

  • Find out your (future) Partner's myAlpari Number.
  • Log in to myAlpari.
  • Go to the "PAMM Managers" tab.
  • Click the "My Partners" icon.
  • Click the "Would you like to add a Partner?" link.
  • Fill out the form and click "Add."

  Your Partner will be informed of your decision by email.

  When adding a Partner, Managers set the type and size of the Partner's Remuneration.

  There are two types of Remuneration:

  • Remuneration for the Auxiliary partnership program is awarded to Partners as a percentage of the Manager’s Remuneration from the trading profits of all Investors in a PAMM Account.
  • Remuneration for the Acquisition partnership program is awarded to each Partner as a percentage of the Manager’s Remuneration from the trading profits of only the investors referred by the Partner.

  The percentage set as the Partner’s Remuneration will be in effect until the date the cooperation terms are re-evaluated (reassessment date). The Manager determines the next reassessment date when adding a Partner.

  A Manager may also offer the Partner new terms at any time. It is the Partner’s choice whether or not to accept the new partnership terms at this time or wait until the reassessment date originally set by the Manager.

• Read Close 10

  How can the Manager adjust the volume of open positions when an Investor makes a deposit or withdraws funds?

  PAMM Account Managers need to closely follow the activity on their PAMM Accounts. When deposits and withdrawals are made, they will need to make adjustments to the volume of open positions on the account.

  
  
  

  Let's find out how this works in the example below:

  Let's say we have a PAMM Account, consisting of two Managed Accounts (belonging to Investors) and the Manager’s Managed Account. The starting PAMM Account Equity is 10,000 USD.

  

  PAMM Account

  • Manager: 3000 USD
  • Investor 1: 1000 USD
  • Investor 2: 6000 USD

  A Buy position for 4 lots of EURUSD is opened by the Manager at 1.29000.

  

  Open Position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  	Start
  Manager	3,000 USD
  Investor 1	1,000 USD
  Investor 2	6,000 USD

  
  

  By the following Rollover, the price of USDEUR has dropped to 1.28800. The result is a loss of 800 USD, distributed proportionally among the Manager and Investors.

  

  Open Position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  Rollover

  Price = 1.28800

  PAMM Account Losses: -$800
  Manager: -$240
  Investor 1: -$80
  Investor 2: -$480

  	Start	Rollover 1
  Manager	3,000 USD	3,000 - 240 = 2,760 USD
  Investor 1	1,000 USD	1,000 - 80 = 920 USD
  Investor 2	6,000 USD	6,000 - 480 = 5,520 USD

  
  

  After Rollover, the price of EURUSD rises to 1.29300. The result is 2,000 USD in profits, to be distributed proportionally among the Manager and Investors.

  

  Open Position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  Rollover

  Price: 1.28800

  PAMM Account Losses: -$800
  Manager: -$240
  Investor 1: -$80
  Investor 2: -$480

  Rollover

  Price = 1.29300

  PAMM Account Profit: +$2000
  Manager: +$600
  Investor 1: +$200
  Investor 2: +$1200

  	Start	Rollover 1	Rollover 2	Result
  Manager	3,000 USD	3,000 - 240 = 2,760 USD	2,760 + 600 = 3,360 USD	3,360 USD
  Investor 1	1,000 USD	1,000 - 80 = 920 USD	920 + 200 = 1,120 USD	1,120 USD
  Investor 2	6,000 USD	6,000 - 480 = 5,520 USD	5,520 + 1200 = 6,720 USD	6,720 USD

  
  

  Now we'll take a look at what happens on the PAMM Account when a deposit or withdrawal is made.

  
  
  

  Funds Are Deposited

  First, we'll take a look at what happens when a deposit is made to the PAMM Account.

  We'll look at our PAMM Account consisting of two Managed Accounts and the Manager's Managed Account. The starting equity is 10,000 USD. A Buy position for 4 lots of EURUSD is opened by the Manager at 1.29000.
  
  By Rollover, the price of EURUSD has fallen to 1.28800. The result is a loss of 800 USD, to be proportionally distributed among the Manager and Investors.

  

  Open position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  Rollover

  Price: 1.28800

  PAMM Account Losses: -$800
  Manager: -$240
  Investor 1: -$80
  Investor 2: -$480

  	Start	Rollover 1
  Manager	3,000 USD	3,000 - 240 = 2760 USD
  Investor 1	1,000 USD	1,000 - 80 = 920 USD
  Investor 2	6,000 USD	6,000 - 480 = 5,520 USD

  
  

  At Rollover, the Manager learns that a new Investor would like to invest in the PAMM Account by opening a Managed Account. The initial balance of the new Managed Account is 5,000 USD.

  

  Open Position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  Rollover

  Price: 1.28800

  PAMM Account Losses: -$800
  Manager: -$240
  Investor 1: -$80
  Investor 2: -$480

  Investor 3
  Deposit: $5,000

  The Manager will need to adjust the volume of open positions on their PAMM Account, taking the new investment into account:

  Since funds were deposited, the Manager will need to increase the volume of open positions. To calculate the number of lots the Manager will need to add, use the formula below:

  Volume Needed = (SumInv / Equity) X Lots

  
  SumInv = The amount of new investments
  Equity = PAMM Account Equity at Rollover
  Lots = PAMM Account Volume before Deposit
  
  In our example: (5,000/9,200) X 4 = 2.16 Lots

  The Manager will need to buy 2.16 lots of EURUSD to adjust the volume of their open positions.

  The Manager opens: BUY - EURUSD 2.16 1.28800

  

  Open Position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  Rollover

  Price: 1.28800

  PAMM Account Losses: -$800
  Manager: -$240
  Investor 1: -$80
  Investor 2: -$480

  Investor 3
  Deposit: $5,000

  Position Adjustment

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  + BUY EURUSD
  Volume: 2.16 lots
  Price: 1.28800

  	Start	Rollover 1
  Manager	3,000 USD	3,000 - 240 = 2,760 USD
  Investor 1	1,000 USD	1,000 - 80 = 920 USD
  Investor 2	6,000 USD	6,000 - 480 = 5,520 USD
  Investor 3	0 USD	Deposit: 5,000 USD

  
  

  By Rollover, the price has risen to 1.29300. The result is 3,080 USD in profits, to be distributed proportionally among the Manager and Investors.

  

  Open Position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  Rollover

  Price: 1.28800

  PAMM Account Losses: -$800
  Manager: -$240
  Investor 1: -$80
  Investor 2: -$480

  Rollover

  Price = 1.29300

  PAMM Account Profit: +$3080
  Manager: +$600
  Investor 1: +$200
  Investor 2: +$1200
  Investor 3: +$1080

  Investor 3
  Deposit: $5000

  Position Adjustment

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  + BUY EURUSD
  Volume: 2.16 lots
  Price: 1.28800

  	Start	Rollover 1	Rollover 2	Result
  Manager	3,000 USD	3,000 - 240 = 2,760 USD	2,760 + 600 = 3,360 USD	3,360 USD
  Investor 1	1,000 USD	1,000 - 80 = 920 USD	920 + 200 = 1,120 USD	1,120 USD
  Investor 2	6,000 USD	6,000 - 480 = 5,520 USD	5,520 + 1200 = 6,720 USD	6,720 USD
  Investor 3	0 USD	Deposit: 5,000 USD	5,000 + 1,080 = 6,080 USD	6,080 USD

  
  

  When an Investor makes a deposit to the PAMM Account or a new Investor is added to the PAMM Account, the trading results of Investors will not be affected after the Manager adjusts the trading volume.

  
  
  

  Funds Are Withdrawn

  We'll start out with the same PAMM Account, consisting of the Manager's Managed Account and two additional Managed Accounts. Again, the initial Equity is 10,000 USD. A Buy position is opened for 4 lots of EURUSD at 1.29000.

  By Rollover, the price has dropped to 1.28800. The result is a loss of 800 USD, to be distributed proportionally among the Manager and the Investors.

  

  Open Position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  Rollover

  Price = 1.28800

  PAMM Account Losses: -$800
  Manager: -$240
  Investor 1: -$80
  Investor 2: -$480

  Before the following Rollover,the Manager learns that one of the Investors would like to withdraw all of their funds (5,520 USD) from the PAMM Account.

  

  Open Position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  Rollover

  Price = 1.28800

  PAMM Account Losses: -$800
  Manager: -$240
  Investor 1: -$80
  Investor 2: -$480

  Investor 2
  Withdrawal: $5,520

  The Manager will need to make an adjustment to the volume of open positions on the account, taking the withdrawal into account.

  Since funds were withdrawn, the Manager will need to reduce the volume of the open positions on the PAMM Account. The number of lots can be calculated using the formula:

  Volume Needed = (OutInv / Equity) X Lots

  
  OutInv = The amount withdrawn
  Equity = PAMM Account Equity at rollover
  Lots = PAMM Account volume before deposit
  
  In our example: (5,520/9,200) X 4 = 2.4 Lots

  The Manager will need to close 2.4 lots of his position on EURUSD.

  The following position is opened by the Manager: BUY - EURUSD 1.6 1.28800

  

  Open Position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  Rollover

  Price: 1.28800

  PAMM Account Losses: -$800
  Manager: -$240
  Investor 1: -$80
  Investor 2: -$480

  Investor 2
  Withdrawal: $5520

  Position Adjustment

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  + BUY EURUSD
  Volume: 1.6 lots
  Price: 1.28800

  	Start	Rollover 1
  Manager	3,000 USD	3,000 - 240 = 2,760 USD
  Investor 1	1,000 USD	1,000 - 80 = 920 USD
  Investor 2	6,000 USD	6,000 - 480 = 5,520 USD (Withdrawal 5,520)

  
  

  The price rises to 1.29300. The result is 800 USD in profits, to be distributed proportionally among the Manager and Investors.

  

  Open Position

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  Rollover

  Price: 1.28800

  PAMM Account Losses: -$800
  Manager: -$240
  Investor 1: -$80
  Investor 2: -$480

  Rollover

  Price: 1.29300

  PAMM Account Profit: +$800
  Manager: +$600
  Investor 1: +$200

  Investor 2
  Withdrawal: $5,520

  Position adjustment

  BUY EURUSD
  Volume: 4 lots
  Price: 1.29000

  + BUY EURUSD
  Volume: 1.6 lots
  Price: 1.28800

  	Start	Rollover 1	Rollover 2
  Manager	3,000 USD	3,000 - 240 = 2,760 USD	2,760 + 600 = 3,360 USD
  Investor 1	1,000 USD	1,000 - 80 = 920 USD	920 + 200 = 1,120 USD

  
  

  When a withdrawal is made from the PAMM Account and the Manager adjusts the volume of open positions on the account, this will have no impact on the trading results of Investors.
  
  When several requests for deposits and/or withdrawals are made on a PAMM Account which need to be processed during the same Rollover, the Manager can adjust the volume of open positions just once, taking into account the total deposit/withdrawal amount (the sum of all of the deposit and withdrawal requests). They will not have to adjust the volume once for each individual deposit/withdrawal request.

• Read Close 11

  What is PAMM Account Liquidation?

  During PAMM Account Liquidation, the PAMM Account and all Managed Accounts are closed and liquidated. The liquidation process may either be initiated by the Manager or by Alpari.

  The remaining funds of the Manager and the Investors will be automatically transferred to their Transitory Accounts.

  Manager Liquidation:

  The PAMM Account Manager may choose to liquidate their PAMM Account by submitting a liquidation request. They can do this in the "PAMM Managers" tab in myAlpari. Before doing this, the Manager must close all open orders on the PAMM Account. If there are any remaining open or pending positions on the account, a request to liquidate the PAMM Account will be turned down.

  After the Manager has submitted their request to liquidate the PAMM Account:

  • The Manager won't be able to make any further transactions on the account.
  • Notification of the account's liquidation will be posted on the Alpari site.

  Alpari Liquidation:

  Alpari may liquidate PAMM Accounts in any of the following events:

  • A low indicator level in the PAMM Account Monitoring (the account will be liquidated automatically, without prior warning)
  • There has been no trading activity (no change in the Equity level in the PAMM Account Monitoring) for 100 trading days (the PAMM Account will be liquidated automatically, but Alpari will warn the Manager by email after 50 days)
  • Fraud is suspected (with prior warning)
  • The Manager failed to comply with the Forum rules (with prior warning)
  • The Manager wasn't active in the Forum or failed to answer Investor questions in the personal thread in a timely fashion (with prior warning)
  • Other reasons (with or without prior warning and explanation)

  When Alpari liquidates a PAMM Account:

  • All open positions will be closed at the current market price. If the position is on a session-traded instrument, it will be closed at the last market price.
  • All pending orders will be deleted.
  • The Manager will be blocked from completing any further trades on the PAMM Account (the PAMM Account will be in "Inactive Mode").
  • A notification of the liquidation will be posted on the Alpari site.
• Read close 12

  How to Change the type of a PAMM Account

  The manager may change the account type from a pamm.mt4 to either a pamm.systematic, pamm.ndd.mt4 or pamm.ecn.mt4.

  Note: Before submitting a request to change the type of your account, all open positions must be closed and all pending orders deleted.

  How to Change the type of a PAMM Account:

  • Log into myAlpari
  • Go to "My PAMM Accounts" in the PAMM Managers tab
  • Click "Edit" and choose the type of account you would like to change to
  • Click "Change"

  To change to a pamm.systematic account, the Manager must have on his account at least:

  • 300 USD (for accounts denominated in USD)
  • 200 EUR (for accounts for denominated in EUR)

  To change to a pamm.ndd.mt4 account, the Manager must have on his account at least:

  • 300 USD (for accounts denominated in USD)
  • 200 EUR (for accounts for denominated in EUR)
  • 200 GLD (for accounts denominated in GLD)

  To change to a pamm.ecn.mt4 account, the Manager must have on his account at least:

  • 5,000 USD (for accounts denominated in USD)
  • 5,000 EUR (for accounts for denominated in EUR)
  • 5,000 GLD (for accounts denominated in GLD)

  Important: After changing accounts types, a new login and password will be sent to your registered email. The server will also change to one of the following, depending on which account type you chose ("Alpari-Classic" (pamm.systematic), "Alpari-NDD-Live" (pamm.ndd.mt4) or "Alpari-ECN-Live" (pamm.ecn.mt4). See our server IP addresses.

• Open a PAMM Account

For Investors

• Read Close 1

  What is a Managed Account? How do I open one?

  A Managed Account allows an Investor to put their money in the hands of a PAMM Manager, an experienced Forex trader. The Managed Account represents an Investor's share in the PAMM Account, a trading account on which the PAMM Manager makes all of the trading decisions.

  When you have chosen a PAMM Account to invest in, before opening your Managed Account, you will need to accept the Manager's terms in their Proposal.

  You may only open a Managed Account as part of a PAMM Account where the Manager has a "Public Proposal."

  Before making a deposit to your account, you must do the following:

  • Log in to myAlpari.
  • Make a deposit to your transitory account greater than or equal to the amount you would like to invest in your Managed Account.
  • Click on the "PAMM Account Ratings" icon in the "PAMM Investors" tab in myAlpari.
  • Choose a PAMM Account from the Ratings.
  • Check to make sure the Manager's Proposal is "Public." Click "Invest in this PAMM Account."
  • Read and agree to the Regulatory Documents, then click "Continue."
  • Check your email. Your registration details will be sent to your registered email address.
• Read Close 2

  How can I deposit funds to my Managed Account?

  Here is how to make a deposit to your Managed Account:

  • Log in to myAlpari.
  • Click "Managed Accounts" in the "PAMM Investors" tab.
  • Choose the Managed Account to which you would like to make a deposit and click "Fund Deposit."
  • Enter the amount of your deposit and click "Deposit."

  Important: If you submit a deposit request by accident, you will not be able to cancel it.

  Processing Time: When a deposit request is submitted, it will be processed during the next scheduled Active Rollover in the Manager's Request Planner.

  After the request has been submitted, the time of the next Active Rollover will be fixed as the time of the next scheduled Active Rollover in the Manager's Request Planner. The request will be processed at this time, regardless of any changes the Manager makes in the Request Planner.

• Read Close 3

  How do I withdraw funds from my Managed Account?

  A Manager may only make a withdrawal from their Managed Account if the withdrawal will leave them with an account balance exceeding the Manager's Capital.

  Here's how to withdraw funds from a Managed Account:

  • Log in to myAlpari.
  • Click "Managed Accounts" in the "PAMM Investors" tab.
  • Select your Managed Account and go to "Fund Withdrawal."
  • Enter your withdrawal amount. Click "Withdraw."

  Important: If you send a withdrawal request by mistake, you will not be able to cancel it.

  Processing Time: When a withdrawal request is submitted, it will be processed during the next scheduled Active Rollover in the Manager's Request Planner.

  After the request has been submitted, the time of the next Active Rollover will be fixed as the time of the next scheduled Active Rollover in the Manager's Request Planner. The request will be processed at this time, regardless of any changes the Manager makes in the Request Planner.

• Read Close 4

  What is a Trading Statement?

  Trading Statements help Investors keep track of the Manager's transactions and overall trading performance on the PAMM Account.

  Investors can find their Trading Statements in myAlpari. Click on "Managed Accounts" in the "PAMM Investors" tab. Choose your Managed Account and go to the "Statements" tab. Here, you will be able to find information about your Manager's transactions on the PAMM Account as they are reflected on your Managed Account.

  In the "Calculations" section, Investors can view a history of changes in their PAMM Account, including in their Balance, Equity and Share Count. This information can also be found in your PAMM Account Monitoring.

  In the "Detailed Trading Statement" section, you will be able to find the same information that the Manager sees in their trading platform. The volume that appears in the Investor's Trading Statement, however, will be proportionally less than in the Manager's trading platform, depending on the Investor's share in the PAMM Account as a whole.

  During Rollover on PAMM Accounts, all positions on Managed Accounts will appear in the Trading Statement as having been closed and reopened at the end of each trading hour, however this will not actually take place on the PAMM Account in the Manager's trading platform. All positions held open on the Manager's PAMM Account during the transition from one trading hour to the next will be shown in Investor Trading Statements as being closed at the last quote of the previous trading hour and reopened at the beginning of the next hour at the same quote at which they were closed. The order numbers in Investor Statements will, however, be the same as in the Manager's trading platform.

  Important: Managers are able to set an "Undisclosed Period" for Investors in their PAMM Accounts, which establishes a delay (i.e. 1 hour, 1 day) for Investors viewing information about trading on the PAMM Account. After the delay, Investors can view updated information about trading on the PAMM Account. This feature is designed to protect the Manager's trading from being copied.

• Read Close 5

  What is a demo Managed Account? How do I open one?

  Demo Managed Accounts offer Alpari clients the chance to get to know the PAMM Account service and to give a Manager a try without investing any of their real money. Just like the regular Managed Account, Investors don't make any of the trades on a demo Managed Account.

  Before opening a demo Managed Account, you should read through the terms of your chosen PAMM Account in the Manager's Proposal.

  A demo Managed Account can be opened in any PAMM Account with a Public Proposal.

  Here's what you need to do before you can deposit virtual funds to your PAMM Account:

  • Log in to myAlpari.
  • Click on the "PAMM Account Ratings" icon in the "PAMM Investors" tab.
  • Choose a PAMM Account from the Ratings.
  • Check to make sure there is a Public Proposal available for your chosen PAMM Account. Click "Create a Demo Managed Account."
  • Read and agree to the Regulatory Documents. Click "Continue".
  • Check your email. Information about your account will be sent to your registered email address.

  Important:

  • You may only open a demo Managed Account in one of the PAMM Accounts included in the "Our Top 10 PAMM Managers" table.
  • You can find information about your demo Managed Accounts in myAlpari by clicking on the "Managed Accounts" icon in the "PAMM Investors" tab and selecting the "Demo" tab. You demo Managed Accounts do not show up in the left-hand column of myAlpari.

  Only Investors with a live Managed Account can view PAMM Account Trading Statements. This is meant to protect the Manager from having their trades be copied.

• Read Close 6

  How do I make a deposit to my demo Managed Account? What is a demo transitory account?

  A demo Transitory Account is basically an intermediary account. Before you can deposit virtual funds to your demo Managed Account, you will need to transfer them to your demo Transitory Account. This system is meant to closely resemble the system for making a deposit to a live Managed Account (with real money).

  Here's how to make a deposit to you demo transitory account:

  • Log in to myAlpari.
  • Select the "PAMM Investors" tab.
  • Click on the "Demo Transitory Accounts" tab.
  • Enter the amount you would like to deposit to your demo Transitory account.

  To transfer virtual funds from your demo Transitory Account to your Demo Managed Account:

  • Log in to myAlpari.
  • In the "PAMM Investors" tab, click the "Managed Accounts" icon. Select the "Demo" tab.
  • Select your Managed Account. Click "Deposit."
  • Enter your deposit amount and click "Submit Request."

  Important: If you send a deposit request by mistake, you will not be able to cancel it.

  Processing Time: When a deposit request is submitted, it will be processed during the next scheduled Active Rollover in the Manager's Request Planner.

  After the request has been submitted, the time of the next Active Rollover will be fixed as the time of the next scheduled Active Rollover in the Manager's Request Planner. The request will be processed at this time, regardless of any changes the Manager makes in the Request Planner.

  To withdraw funds from a demo Managed Account:

  • Log in to myAlpari.
  • Select "Managed Accounts" in the "PAMM Investors" tab. Select the "Demo" tab.
  • Choose your Managed Account. Click "Withdrawal."
  • Enter your withdrawal amount and click "Submit Request."

  Important:

  • You may only open a demo Managed Account in one of the PAMM Accounts included in the "Our Top 10 PAMM Managers" table.
  • If you send a withdrawal request by mistake, you will not be able to cancel it.

  Processing Time: When a withdrawal request is submitted, it will be processed during the next scheduled Active Rollover in the Manager's Request Planner.

  After the request has been submitted, the time of the next Active Rollover will be fixed as the time of the next scheduled Active Rollover in the Manager's Request Planner. The request will be processed at this time, regardless of any changes the Manager makes in the Request Planner.

  After your request has been processed, the Managed Account Balance and Equity will be recalculated (please see the rules of debiting funds from the Managed Account).

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  How do you set up an automatic request to close a Managed Account?

  After they make a deposit, PAMM Account Investors can set the maximum level of acceptable losses on their Managed Account. In myAlpari, an Investor can set the minimum acceptable level for the "Share Price" or "Rate of Return" in the PAMM Account Monitoring and choose what should be done when this level is reached. They may choose to either:

  • Have a request submitted to close the Managed Account or
  • Have a warning sent by email / SMS.

  To set this up:

  • Log in to myAlpari.
  • Go to the "PAMM Investors" tab and click the "Managed Accounts" icon.
  • Choose your Managed Account. Click the "Deposit/Withdraw Funds" tab. Choose "Stop Loss Level."
  • Enter your minimum acceptable level for the "Share Price" or "Rate of Return" and choose the action to be taken when this level is reached.
  • Click "Set Limit."

  When the "Share Price" or the "Rate of Return in your PAMM Account Monitoring drops to the level you entered, either a request will be submitted to close your account automatically or an email/SMS will be sent to warn you (depending on the option you chose in myAlpari).

  For example, If you set the minimum "Share Price" / "Rate of Return" at 200.00/100.00, a Stop Loss will be triggered at 199.99/99.99.

  Please Note: Requests to close a Managed Account are processed in accordance with the same rules as withdrawal requests.

  Important: Automatic requests to close the PAMM Account can not be canceled.

  Attention: The Share Price at which your automatic request to close your PAMM Account will be processed may differ from the level you set as the limit depending on the settings in the Manager’s Request Planner and on the Manager’s trading during the period between the time the automatic request is triggered and the time it is processed.

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  What is the "Refer a Friend" Promotion?

  PAMM Account Investors have the chance to earn even more when they bring in new clients to their account with the "Refer a Friend" promotion. In addition to their share of the profits on the PAMM Account, investors taking part in this promotion will receive a share of the Manager's Remuneration from each PAMM Investor they refer.

  All you need to get started is an active Managed Account. To register a referred client:

  • Give your (future) referred client your myAlpari number.
  • Your referred client will need to enter this number when opening a Managed Account.

  Remuneration in the "Refer a Friend" promotion is recorded when your referred client opens a Managed Account. The percentage of Remuneration you receive will be based on your level in the Manager's Proposal, which is, in turn, based on the amount you have invested in the PAMM Account.

  An Investor's "Refer a Friend" Remuneration is calculated based on the Manager's Remuneration from the referred client's share of profits on the PAMM Account. This calculation takes place as soon as the Manager's Remuneration from profits (based on the Manager's "Remuneration" in the Manager's Proposal) is debited from the referred client's Managed Account. The "Refer a Friend" bonus will be credited at the end of the Trading Interval or when the Investor's Managed Account is closed.

  If an Investor taking part in the "Refer a Friend" promotion moves to a new level in the Manager's Proposal (with an increase or decrease in his investment in the PAMM Account), a resulting change in their Remuneration percentage in the "Refer a Friend" promotion will only be applied to the bonuses earned from clients referred after this change. The Investor will continue to earn the same percentage from previously referred clients.

• Invest Real Funds
• Invest Virtual Funds

Working with the PAMM 5 Terminal (for Managers, Investors, Partners)

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  PAMM Account 5 Terminal

  The PAMM Account 5 Terminal is a program you will need to download to get started with PAMM 5.0. The PAMM Terminal is also available in a web-based version, however this version is currently available to Investors only.

  The PAMM Terminal allows you to:

  • Open Investment Accounts, make deposits and withdrawals.
  • Create your own PAMM Account and adjust the settings (make changes in the Proposal and Planner, change the name or description).
  • View the PAMM Account Ratings and sort through account managers.
  • Manage PAMM partnership networks.

  The PAMM Terminal is divided into 4 sections:

  
  

  1) The Upper Menu

  • "PAMM Terminal" - Log in to and log out of the terminal. Invest in PAMM Accounts or create your own.
  • "View" - Switch to the window you need, whether it be the Ratings or your list of Investment Accounts.
  • "Window" - Change the layout of the program.
  • "Help" - Find out which version of the terminal you have and download the latest updates.

  
  

  2) The Tool Panel

  You can find the following icons in the Tool Panel (left to right):

  • "Login" (Log in to the Terminal)
  • "Exit"
  • "Invest" (Create a new Investment Account or make a deposit to an existing account)
  • "Create a PAMM Account"
  • "View the Rating"
  • "Show Investment Accounts List"
  • "Show PAMM Wallets List"
  • "Show PAMM Accounts List"
  • "Show Partnership" (Shows PAMM Accounts where you are included as a Partner and your level of Compensation)
  • "Show/Hide information panel" (Show/hide the left menu)

  
  

  3) The Left Menu

  Here you can find a listing of your PAMM Wallets, Investment Accounts, PAMM Accounts and Active Requests. Double-click on an account or request to pull up more detailed information.

  
  

  4) The Main Window

  This is the largest window of the PAMM Terminal. By clicking on one of the icons in the upper tool menu or one of your accounts/requests in the left information menu, more detailed information will be displayed here.

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  Creating and Activating Your PAMM Account (for Managers)

  To create and activate a PAMM Account:

  • Log in to the PAMM Terminal.
  • Click "My PAMM Accounts", then "Create".
  • Choose your account type, account currency and the PAMM Wallet from which you would like transfer funds to activate your account. Enter a name and description, then click "Create". A letter containing your MetaTrader login details will be sent to your registered email address.
  • To activate your created PAMM Account, choose the account from the list in the left menu and click "Activate".
  • In "Investment Amount", enter how much money you wish to invest as the Manager’s Capital. This amount (which you should already have on your PAMM Wallet) must meet the requirements for your account type. Click "Submit."
  • Your PAMM Account should be activated in a matter of minutes.
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  Funding Your Manager’s Investment Account

  The Manager can invest funds in their PAMM Account either to increase their Manager’s Capital or their private investment in the account. To make a deposit to the Manager’s Investment Account:

  • Log in to the PAMM Terminal.
  • Go to the "My Investment Accounts" tab.
  • Select the Investment Account from the list and click "Deposit".
  • Enter the amount you would like to invest, confirm this amount and click "Submit".

  Attention: You may not cancel a deposit request submitted by mistake.

  Processing Time: A deposit request will be processed based on the settings in your Request Planner.

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  Withdrawing Funds from the Manager’s Investment Account

  A Manager may make a withdrawal from their Investment Account as long as it will leave them with an amount exceeding the Manager’s Capital. To make a withdrawal from the Manager’s Investment Account:

  • Log in to the PAMM Terminal.
  • Go to the "My Investment Accounts" tab.
  • Select your Investment Account from the list and click "Withdraw".
  • Enter the amount you would like to withdraw, confirm this amount and click "Submit".

  Important: You may not cancel a withdrawal request submitted by mistake.

  Processing Time: A withdrawal request will be processed based on the settings in your Request Planner.

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  Changing the Manager’s Capital

  To change the Manager’s Capital:

  • Log in to the PAMM Terminal.
  • Go to the "PAMM Accounts" tab.
  • Select a PAMM Account from the list and click "View".
  • Next to "Manager’s Capital", click the pencil icon labeled "Increase Capital".
  • Enter the amount you would like for your Manager’s Capital and click "Change".

  A PAMM Account Manager can enable a function which automatically increases the Manager’s Capital. By doing this, we will run a check on the Equity level of your account every minute. If your Equity level exceeds your Manager’s Capital, the amount by which the Equity exceeds your Manager’s Capital will automatically be added to your Manager’s Capital. To turn on this function, go to the "Account Overview" window and click the pencil icon next to "Auto-Increase MC".

  Attention: You are not allowed to decrease the Manager’s Capital. To increase the Manager’s Capital, the Equity level on your account must exceed your chosen Manager’s Capital level.

  Your Equity level will increase when you earn a profit on your trading or when you make a deposit to the Manager’s Investment Account.

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  The Manager’s Request Planner / Calculations

  The Manager of a PAMM Account determines how and when requests on deposits and withdrawals will be processed.

  The Manager can choose the following options for deposit/withdrawal requests in the Request Planner:

  • "Process all requests" - All requests will be processed within the minute
  • "Process, if no open positions" – All requests will be processed within the minute as long as there are no open positions on the PAMM Account (with this option, pending orders will not keep requests from being processed)
  • "Process, if no open positions or pending orders" – All requests will be processed within the minute as long as there are no open positions or pending orders on the PAMM Account
  • "Do not process" – Requests will not be processed
  • "Based on Planner" – Requests will be processed hourly using one of the options listed above

  To access the Request Planner for a PAMM Account, right click on the account and select "Planner".

  "Calculations" are made to update the statistics on PAMM Accounts and Investment Accounts, tally up Manager and Partner compensation and process requests to make a deposit/withdrawal or close an Investment Account.

  When a deposit/withdrawal request is submitted, the time of the next calculations will be fixed. The calculation will be made regardless of any changes the Manager makes in the Request Planner.

  Important: By default, PAMM Accounts will be set to have all requests processed within the minute ("Process all requests").

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  Adding Your Account to the Ratings

  To get your PAMM Account to show up in the PAMM Account Ratings (for Investors to see):

  • Log in to the PAMM Terminal.
  • Go to the "PAMM Account List" tab.
  • Double-click on your PAMM Account.
  • Go to the "Account Overview" tab.
  • Click "Add to Ratings" at the bottom of the page.

  As opposed to PAMM 4.0, PAMM Accounts in PAMM 5.0 are not tied to an account in the Alpari Forum, nor will a thread be created in the Forum when the account is added to the Ratings.

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  PAMM Account Liquidation (by the Manager)

  When a PAMM Manager chooses to liquidate their PAMM Account, the funds of Investors and the Manager remaining on their Investment Accounts on will automatically be transferred to their PAMM Wallets.

  Before submitting a request to liquidate a PAMM Account, a Manager must close all open positions and delete all pending orders on their account.

  To submit a request to liquidate a PAMM Account:

  • Log in to the PAMM Terminal.
  • Go to the "PAMM Account List" tab.
  • Choose a PAMM Account from the list and click "Liquidate".
  • Confirm by pressing "Submit".

  After submitting a request to liquidate a PAMM Account, the Manager will be blocked from making any further trades on the account.

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  Creating an Investor’s Investment Account

  An Investment Account represents an Investor’s share in the PAMM Account. All trades on the account are made by the PAMM Account Manager.

  To open an Investment Account as part of a PAMM Account, you will need to accept the Manager’s conditions in their Manager’s Proposal (more on Proposals in #16).

  You can only open an Investment Account in a PAMM Account where the Manager has a "Public" Proposal.

  To open an Investment Account:

  • Log in to the PAMM Terminal.
  • Click the "Invest" icon in the tool panel (or press "F5").
  • Choose a PAMM Account from the Ratings.
  • Make sure the PAMM Account you have chosen has a "Public" Proposal and click "Invest" beneath the Ratings.
  • Fill out the form, selecting the PAMM Wallet you wish to use to make deposits to the Investment Account in the future. Click "Create".
  • Check your registered email address for an email with your registration details.

  Attention: The PAMM Wallet you choose when opening your Investment Account will be used for all future deposits and withdrawals. You cannot change which PAMM Wallet you will use with a certain PAMM Account.

  If you select a PAMM Wallet denominated in a currency other than that of your Investment Account, all deposits and withdrawals in the future will need to be converted. They will be converted at our rates, which are updated daily and can be found in myAlpari.

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  Funding Your Investor’s Investment Account

  You can make a deposit to your Investment Account either immediately after opening the account (look for this option in the registration form) or later.

  To make a deposit to your Investment Account:

  • Deposit the amount you wish to invest to your PAMM Wallet.
  • Log in to the PAMM Terminal.
  • Go to "My Investment Accounts" and choose the account to which you would like to make a deposit.
  • Click "Deposit" in the lower panel, enter the amount you wish to deposit and submit the request.

  Important: You may not cancel a deposit request submitted by mistake.

  After submitting a deposit request, the time it will be processed will be fixed based on the settings in the Manager’s Request Planner.

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  Making a Withdrawal from Your Investor’s Investment Account

  To make a withdrawal from your Investment Account:

  • Log in to the PAMM Terminal.
  • Go to "My Investment Accounts" and choose your account.
  • Select "Withdrawal" from the lower panel and enter the amount you would like to withdraw. If you would like to close your Investment Account and withdraw all of your funds at once, click the "Close" button.

  Important: You may not cancel a withdrawal request or a request to close an Investment Account submitted by mistake.

  After submitting a withdrawal request, the time it will be processed will be fixed based on the settings in the Manager’s Request Planner.

  Attention: When making a withdrawal, your funds will be transferred to the same PAMM Wallet you use to make deposits to the Investment Account.

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  Set a "Stop Loss" (Close Your Investment Account Automatically)

  An Investor may set a limit on his Investor’s Account for the maximum acceptable level of losses. After making a deposit to their Investment Account, an Investor may choose a "Share Price" or "Return" level where they would like to either receive an alert (by email or text message) or have their account be closed automatically to prevent further losses. The time the request to close the account will be processed will be determined based on the settings in the Manager’s Request Planner.

  To enable the "Stop Loss" function on an Investment Account:

  • Log in to the PAMM Terminal.
  • Go to "My Investment Accounts" (or press "F4").
  • Select your account, then click "Set Limit".
  • Select a "Share Price" or "Return" level and choose what you would like to have happen when this level is reached.
  • Click "Save".

  When the "Share Price"/"Return" level on your PAMM Account drops below the level you chose, you will either receive an alert or a request will be submitted to automatically close the Investment Account.

  For Example: If you set your Stop Loss for a Share Price/Return level of 200.00/100.00, the Stop Loss will be activated when the Share Price/Return level reaches 199.99/99.99.

  Important: After a request to close your Investment Account has been submitted automatically, you will not be able to cancel it.

  Attention: The Share Price at which your request to automatically close your account is processed may differ slightly from the price you selected (either higher or lower). This depends on the settings in the Manager’s Request Planner and the Manager’s trading during the period between the time the Stop Loss is triggered and the time the automatic request is processed.

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  Investor Trading Statements

  Investor Trading Statements show the Manager’s trading results as reflected on the Investor’s Investment Account.

  Trading Statements can be found in "My Investment Accounts". After clicking on a particular account, an Investor can view two different reports. The first (the Calculations Report) contains a complete history of the Balance, Equity and Share Count from the Investment Account Monitoring. The second report (the Trading Report) contains information about the Manager’s trading performance, breaking their trading down by trading instrument.

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  The Ratings

  To be eligible to appear in the PAMM Account Ratings, an account must meet the following requirements:

  • It has been open for at least one month.
  • The Manager’s registration details have been verified by us.
  • The Manager has invested at least 3,000 USD / 2,000 EUR as the Manager’s Capital.

  You can view a variety of performance indicators in the Ratings, including: Return (1-month, 3-month, 6-month, 1-year), Equity, Manager’s Capital and Popularity. Use the blue box to the left of the Ratings to filter out the PAMM Accounts that don’t meet your specifications.

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  Trading Intervals

  On a PAMM Account, a Trading Interval is a one-month period, after which the Manager’s trading results are tallied up, Investors receive their share of the profit from the trading and compensation is paid out to Managers.

  The time the Trading Interval for each Investment Account begins and ends is determined by the time the first deposit was posted to the account (and the account was activated).

  The Interval will end after a month has passed from the minute the Investment Account was activated. If the day exactly one month after the Investment Account is activated happens to be a non-trading day, then the Trading Interval will end on the next trading day. The exact time the Trading Interval will end depends on the settings in the Manager’s Planner.

  Here's how this works:

  Example 1

  The first deposit to an Investment Account is processed on 21.03 at 13:43 (EET). In the Manager’s Request Planner, the Manager’s settings call for requests on the PAMM Account to be processed between 13:00 and 14:00 (EET). The 21st of the following month will be a Wednesday (not a non-trading day). The Trading Interval will end between 13:43 and 14:00 (EET) on 21.04.

  Example 2

  The first deposit to an Investment Account is processed on 21.03 at 16:17 (EET). In the Manager’s Request Planner, the Manager’s settings call for requests on the PAMM Account to be processed between 11:00 and 15:00. The Trading Interval will end within 24 hours of 16:17 (EET) on 21.04.

  Example 3

  The first deposit to an Investment Account is processed on 24.03 at 18:01 (EET). The 24th of the following month falls on a Saturday. The Trading Interval will end on Monday (26.04) within 24 hours of 0:00.

  Example 4

  The first deposit to an Investment Account is processed on 31.01 at 15:40 (EET). The Trading Interval will end within 24 hours of 15:40 on 28.02.

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  The Manager’s Proposal

  The Manager’s Proposal (Proposal) lays out the Manager’s terms for Investors who open an Investment Account as part of their PAMM Account.

  Proposals may be either "Public" or "Private".

  A "Public" Proposal is available for all Investors to see. Investment Accounts can only be opened in a Manager’s PAMM Account if the Proposal is Public.

  If a Manager chooses a "Private" Proposal, Investors will be unable to view the Proposal and unable to open an Investment Account in the PAMM Account.

  For both Public and Private accounts, Investors may make deposits to their already-opened Investment Accounts if the Manager allows deposits.

  Managers may only have one Public Proposal on their PAMM Account.

  Manager Proposals allow Managers to offer Investors different terms at different levels of investment in the PAMM Account. Levels are differentiated by:

  • Minimum Investment Amount (Balance)
  • Manager Compensation (%)

  When designing the Proposal, a Manager is required to enter a Minimum Deposit Level and a Minimum Withdrawal Level for Investment Accounts.

  The Manager must keep the following in mind when designing the Proposal:

  • The Minimum Balance of any level must be higher than the Minimum Balance of the previous level.
  • The Manager’s compensation from Investor profits at any level must be less than or equal to the compensation level of the previous level.

  An Investor’s Investment Account will be moved to a higher level in the Manager’s Proposal if the Balance of the account rises above the Minimum Account Balance of the next level or to a lower level if it drops below the Minimum Account Balance of the current level.

  Let’s say a Manager designs a Proposal that looks like this:

  First Level - 30/50%   Second Level - 300/45%
  Third Level - 1,000/40%   Fourth Level - 1,500/38%
  Fifth Level - 3,000/35%   Sixth Level - 5,000/33%
  Seventh Level - 10,000/30%

  An Investor decides to invest in a Manager’s PAMM Account with this Proposal.

  If the Investor’s Balance is between 30 USD and 300 USD, he will pay the Manager 50% of his share of the profits on the PAMM Account.

  If the balance of the Investment Account increases to 300 USD - 1000 USD, either from profits earned on the account or from a deposit, the Investor’s Investment Account will move to the next level, where they will only need to pay the Manager 45% of their share of the profits.

  Important: The Manager can create a Proposal immediately after creating their PAMM Account. At this point, Investors will be able to open Investment Accounts as a part of the PAMM Account, but they will be unable to make a deposit to their accounts until the Manager has confirmed his registered information with us by providing us with documentation confirming their identity (copies of their passport and registration as well as an application).

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  PAMM Partnership

  To become a PAMM Partner:

  • Choose a PAMM Wallet where you would like your Partner compensation to be transferred. If you are looking to be both an Auxiliary and an Acquisition Partner, you can select two separate PAMM Wallets.
  • Give the number of your chosen PAMM Wallet(s) to a PAMM Manager in the Forum, either through a private message or a post in the Manager’s thread.

  The PAMM Manager must then choose whether to add you as their PAMM Partner.

  For a Manager to add a client as their PAMM Partner, they will need to:

  • Right-click on the PAMM Account from the list in the left menu and select "Partners".
  • Choose "Acquisition Partner" from the drop-down menu.
  • Click the "Add Partner" button below.
  • In "Partner Account" enter the number of your Partner’s PAMM Wallet (they can give you this number in a private message or a post in the Forum) and choose a level of compensation in "Compensation, %" (must be less than 99%). In "Reassessment Date" you can choose a future date where you can take another look at your partnership terms and change the percentage of compensation Partners earn. Add a "Description".
  • Click "Add".
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  PAMM Portfolio. PAMM Portfolio Manager

  A PAMM Portfolio is an integrated structure consisting of one or more Investment accounts whereby a Portfolio Manager allocates invested funds among PAMM Accounts with the goal of maximizing profit.

  Both the profits generated and the losses incurred through the work of the Portfolio Manager are proportionally distributed among the constituent Investment accounts.

  The Portfolio Manager makes all decisions concerning which PAMM Accounts to invest in and receives compensation both from the performance of his own Investment account as well as for successful management of the Portfolio.

  The Portfolio Manager is remunerated based on the performance of the Portfolio in accordance with the conditions of the accepted Proposal.

  How to Create a PAMM Portfolio:

  • Log into the PAMM terminal
  • On the instrument panel click "Create Portfolio"
  • Choose Portfolio type (currently only 'portfolio.standard' is available)
  • Select the PAMM Wallet from which you will make a deposit to your Portfolio
  • Enter the name and description of the Portfolio

  Your newly created Portfolio will appear in the column on the left hand side of the terminal. To activate the Portfolio, double click the icon and choose "Activate" in the window that appears.

  Once your Portfolio has been activated, you may invest in the PAMM Accounts of your choice. You may create a Portfolio Manager's Proposal in the Proposals tab near the top of the screen.

  How to Invest in a PAMM Portfolio:

  • Log into the PAMM terminal
  • Open the PAMM Account and PAMM Portfolio Ratings by clicking the icon or pressing F2
  • In the "PAMM Type" field, choose "PAMM Portfolio"
  • Left-click on a PAMM Portfolio from the list
  • Select the PAMM Wallet from which you will make a deposit
  • Enter an amount in the "Investment Amount" field (or click "Invest Later")
  • Click "Create"

  Processing Time: Deposits are processed between 1 minute and 24 hours after the deposit request has been submitted. Deposits are processed in accordance with the relevant Request Planners (both those of the Portfolio Manager and the PAMM Account Managers).

  How to Withdraw Funds from a PAMM Portfolio:

  • Log into the PAMM terminal
  • Click "List" (next to the list of all your active Investment accounts)
  • Choose the account you need from the list of Investment accounts in the Portfolio
  • Click "Withdraw"
  • Enter the sum you would like to withdraw in the appropriate field and click "Create"

  Processing Time: Deposits are processed between 1 minute and 48 hours after the deposit request has been submitted. Deposits are processed in accordance with the relevant Request Planners (both those of the Portfolio Manager and the PAMM Account Managers).

Web Terminal (for Investors only)

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  Investors' Web Terminal

  The PAMM Web Terminal allows you to manage your Investment Accounts and PAMM Wallets and track the performance of PAMM Managers.

  The Web Terminal features 4 sections:

  • The PAMM Account Ratings: Here you will find the PAMM Account Ratings, where you can sort through our PAMM Accounts and find a PAMM Manager whose style of trading fits your investment needs.
  • Accounts: Here you can access your PAMM Wallets and Investment Accounts.
  • Requests: View all of your active requests as well as requests that have already been processed.
  • Help: In this section you can learn how to get started with PAMM 5.0 and find answers to some of the questions we get asked most often.

  On the right side of the upper menu, you can find the "Settings" button (look for the tool-shaped icon). In the "Settings", you can change the language or your default startup page.

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  Opening an Investment Account

  To open an Investment Account:

  • Go to the PAMM Account Ratings.
  • Choose a PAMM Account.
  • Click "Create an Investment Account".
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  Funding Your Investment Account

  To fund your Investment Account:

  • Go to "Investment Accounts".
  • Choose your Investment Account.
  • Click "Deposit".
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  Submitting a Request to Close an Investment Account

  To submit a request to close an Investment Account:

  • Go to "Investment Accounts".
  • Choose your Investment Account.
  • Click "Close".
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  Setting Up a "Stop Loss" on Your Investment Account

  To set a Stop Loss to automatically close your Investment Account or send you a warning by SMS:

  • Go to "Investment Accounts".
  • Choose your Investment Account.
  • Select the "Stop Loss" tab.
  • Enter the "Share Price" / "Return" level at which you would like your account to be closed automatically (or a warning to be sent).
  • Choose what you would like to happen at this level (automatic request to close your account or SMS warning).
  • Click "Set Limit".