Elmax Trade provides new investing tool that can be beneficial for both Fund Managers and Traders. This program gives the opportunity to Fund Managers to prove their potentials and attract funds to be managed, and for Investors to invest their funds to different Fund Managers, so that they diversify their risk and enhancing their returns.
In MAM Account, the manager opens a master account and invites his investor to link their trading account to the master account which is known as sub-account. For MAM accounts, investors have control of the trades through their trading platform. The Master Account manager will open and close trades in the master account and these trades will be mirrored in the linked account.
In PAMM account a trader opens a PAMM Manager trading account as standard trading account. The capital invested by the manager is part of a common pool account. The manager will trade in that account but allows investor to invest in this pool account on a percentage basis. Under this system the account manager controls all the funds linked to his account and, for every profit made, a portion of the profits goes to him as a “success fee”, while the rest of the profits go to the investor. If the manager does not make any money, he will not be paid for that month.
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