PAMM Accounts Sample Clauses
A PAMM (Percent Allocation Management Module) Accounts clause defines the terms under which an investor's funds are pooled with those of other investors and managed by a professional trader. This clause typically outlines how profits and losses are allocated proportionally based on each investor's contribution, the responsibilities of the account manager, and the reporting requirements. Its core function is to provide a transparent framework for collective investment management, ensuring that all parties understand how their funds are handled and how returns are distributed, thereby reducing disputes and clarifying risk allocation.
PAMM Accounts. 2.1. PAMM Accounts are created to allow the Investors the application of strategies as set by the PAMM Managers, operating their own trading capital in the Forex and Financial markets, in relation to the Investors' capital (or part of their capital). The PAMM Managers execute trades on PAMM Accounts which are composed of that PAMM Managers' funds and the Investors’ funds.
2.2. The PAMM Manager has the capability to:
(a) Perform trading transactions on the instruments offered by the Company only on the master trading account; the profit/loss resulting from such trading activity is distributed on the Investor PAMM Accounts proportionally to the amount of their invested funds;
(b) Perform non-trading transactions in the Company Client Area (within the 'PAMM Management’ section) such as confirming the deposit and withdrawal requests;
(c) Establish the PAMM Offer and amount of Fees (subject to the Company’s approval);
(d) Set the Withdrawal Fee – this is the fee charged for Investor(s) withdrawing before the Trading Interval is over;
(e) Determine the PAMM master trading account type;
(f) Acquire information about Investors balances;
(g) Withdraw funds/fees from his Owner Account (the account where the Fees are collected).
2.3. The PAMM Manager has no right or possibility to deposit or withdraw the funds to/from other Investors’ Accounts.
2.4. All PAMM Account calculations, deposit, and withdrawal of funds, crediting and debiting of fees and balance adjustments are executed by the PAMM software operated by the Company.
PAMM Accounts. 2.1. PAMM accounts are designed to allow the application of strategies as set by the Manager, who manages his/her own capital in trading in the Forex and Financial markets, in relation to the Investor's capital (or part of the capital). The manager performs trades on PAMM accounts, which consist of that Manager's funds and the Investor's capital.
2.2. The manager has the ability to:
a. Carry out trading transactions on PAMM accounts on the instruments offered by the Company.
b. Establish the Manager Strategy Offer.
c. Determine the Penalty Fee – this is the fee charged for Investor(s) withdrawing before the Trading Period is over.
d. Determine the Manager Account Type.
e. Obtain information about Investors Balances.
PAMM Accounts. 2.1. PAMM accounts are designed to allow the application of strategies as set by the Manager, who manages his/her own capital in trading in the Forex and Financial markets, in relation to the Investor's capital (or part of the capital). The manager performs trades on PAMM accounts, which consist of that Manager's funds and the Investor's capital.
2.2. The manager has the ability to:
a. Carry out trading transactions on PAMM accounts on the instruments offered by the Company.
b. Perform non-trading transactions in the myHotForex Client Area -> PAMM Accounts section, within the 'My PAMM Accounts’ section.
c. Establish the Manager Offer.
d. Determine the Penalty Fee – this is the fee charged for Investor(s) withdrawing before the Trading Period is over.
e. Determine the Manager Account Type.
f. Obtain information about Investors Balances.
g. Withdraw funds from his/her Manager Capital Account (when applicable).
2.3. The Manager has no right or possibility to request the deposit or withdrawal of funds to or from the Investor Accounts.
2.4. All PAMM account calculations, deposit and withdrawal of funds, crediting and debiting of success fees and penalties are performed by the Company.
PAMM Accounts. 2.1 PAMM Accounts are created to allow the application of strategies as set by the Master, operating his own trading capital in the Forex and Financial markets, in relation to the Investor's capital (or part of this capital). The Master executes trades on PAMM Accounts which are composed of that Master's funds and the Investor's capital.
2.2 The Master has the capability to :
(a) Perform trading transactions on PAMM Accounts on the instruments offered by the Company.
(b) Perform non-trading transactions in the Company Client Area →My Manager Accounts section, within the 'PAMM Management’ section.
(c) Establish the Master Offer.
(d) Set the Penalty Fee – this is the fee charged for Investor(s) withdrawing before the Trading Period is over.
(e) Determine the Master Account Type.
(f) Acquire information about Investors Balances.
(g) Withdraw funds from his Master Capital Account (when applicable).
2.3 The Master has no right or possibility to deposit or withdraw the funds to or from the Investor Accounts.
2.4 All PAMM account calculations, deposit and withdrawal of funds, crediting and debiting of success fees and penalties are executed by the Company.
PAMM Accounts. 1. PAMM accounts are designed to allow the application of strategies as set by the Manager, who manages his/her own capital in trading in the Forex and Financial markets, in relation to the Investor's capital (or part of the capital). The Manager performs trades on PAMM Accounts, which consist of his funds as a Manager and the Investor's capital.
2. The Manager has the ability to:
a) Carry out trading transactions on PAMM Accounts on the instruments offered by the Company.
b) Perform non-trading transactions in the myCeltic area -> PAMM Accounts section, within the 'My PAMM Accounts’ section.
c) Establish the Manager Offer.
d) Determine the Penalty Fee – this is the fee charged for Investor(s) withdrawing before the Trading Period is over.
e) Determine the Manager Account Type.
f) Obtain information about Investors Balances.
g) Withdraw funds from his/her Manager Capital Account (when applicable).
2. The Manager has no right or shall not be allowed to request the deposit or withdrawal of funds to or from the Investor’s Accounts.
4. All PAMM Account calculations, deposit and withdrawal of funds, crediting and debiting of success fees and penalties are performed by the Company.
5. ▇▇▇▇ Managers acknowledge, agree and understand that the Company, without prior notice to the PAMM Manager, reserves the right at its sole and absolute discretion, to void and/or forfeit any success fees which have been paid and/or are due to be paid to the PAMM Manager’s Account, in the case the PAMM Manager has not logged into his Account for a period of twenty-four (24) months.
PAMM Accounts. 4.1. PAMM Accounts are structured to enable the implementation of offer/strategies determined by the Manager, who oversees their own capital while trading in the Forex and Financial markets, alongside the Investor's capital (or a portion thereof). The Manager executes trades within the PAMM Accounts, which include both their own funds and/or the Investor's capital.
4.2. The Manager is authorized to:
a. Execute trading transactions on PAMM Accounts using the instruments provided by the Company.
b. Perform non-trading activities within the Monaxa Portal under the "PAMM" menu.
c. Set up the Manager's Offer/Strategy.
d. Determine the PAMM Account Type.
e. Access information regarding Investors' balances.
f. Withdraw own funds from the Manager's PAMM Account, where applicable.
4.3. The Manager shall not have the right to request the deposit or withdrawal of funds from the
4.4. All calculations related to the PAMM Account, as well as the deposit, withdrawal, crediting, and debiting of funds, and fees, are solely managed by the Company.
4.5. ▇▇▇▇ Managers acknowledge, agree, and understand that the Company reserves the right, at its sole discretion and without prior notice to the PAMM Manager, to void and/or forfeit any fees that have been paid or are due to be paid to the Manager's PAMM Account, in the event that the PAMM Manager fails to log into their Account for a period of twenty-four (24) months.
PAMM Accounts. 2.1. PAMM Accounts are created to allow the Investors the application of strategies as set by the PAMM Managers, operating their own trading capital in the Forex and Financial markets, in relation to the Investors' capital (or part of their capital). The PAMM Managers execute trades on PAMM Accounts which are composed of that PAMM Managers' funds and the Investors’ funds.
2.2. The PAMM Manager has the capability to:
(a) Perform trading transactions on the instruments offered by the Company only on the master trading account; the profit/loss resulting from such trading activity is distributed on the Investor PAMM Accounts proportionally to the amount of their invested funds;
(b) Perform non-trading transactions in the Company Client Area (within the 'PAMM Management’ section);
(c) Establish the PAMM Offer and amount of Fees (subject to the Company’s approval);
(d) Set the various Offer Fees
(e) Determine the PAMM master trading account type;
(f) Acquire information about Investors balances;
(g) Withdraw funds/fees from his Owner Account (the account where the Fees are collected).
2.3. The PAMM Manager has no right or possibility to deposit or withdraw the funds to/from other Investors’ Accounts.
2.4. All PAMM Account calculations, deposit, and withdrawal of funds, crediting and debiting of fees and balance adjustments are executed by the PAMM software operated by the Company.
PAMM Accounts. 2.1 PAMM Accounts are created to allow the application of strategies as set by the Manager, operating the Investor’s capital in the Forex and Financial markets. The Manager executes trades on PAMM Accounts which are composed of the Investor's capital.
2.2 When the Manager creates PAMM Account, the Manager must determine whether their account will be public or private:
2.2.1 Public PAMM Accounts appear in the full list of accounts on the Company Website, and monitoring of them is visible to all, plus a dedicated thread in the forum is created for this type of PAMM Account. The creation of a Public PAMM requires the Manager to specify PAMM Account Name on the Company’s forum.
2.2.2 Private PAMM Accounts can be converted into public ones when all positions are closed
2.3 The Manager has the capability to:
2.3.1 Perform trading transactions on PAMM Accounts on the instruments offered by AdenaSoft.
2.3.2 Establish the PAMM Offer to the Investor(s).
2.3.3 Set the Management Fee – this is the fee charged for Investor(s) withdrawing before the Trading Period is over.
2.3.4 Determine the Manager Account Type.
2.3.5 Acquire information about Investors Balances.
2.4 The Manager has no right or possibility to deposit or withdraw the funds to or from the Investor Accounts and PAMM Account.
2.5 All PAMM account calculations, deposit and withdrawal of funds, crediting and debiting of success fees and penalties are executed by AdenaSoft.
PAMM Accounts. 2.1. PAMM Accounts allow Investors to allocate capital under the trading strategies of selected Managers, who also trade their own funds.
2.2. PAMM Managers may: ● Execute trades on the master account. ● Confirm deposit and withdrawal requests via the Client Portal. ● Set Offer parameters (Management Fee, Performance Fee, etc.). ● Define Withdrawal Fees for early exits. ● Choose the PAMM Account type and trading style. ● View Investor balances. ● Withdraw collected fees from their Owner Account.
2.3. PAMM Managers may not deposit to or withdraw from Investor Accounts.
2.4. All PAMM operations, calculations, and fee settlements are handled by Treten’s automated PAMM system.
PAMM Accounts. 11.1 PAMM accounts are not entitled to swap waiver that we offer some of our customers. We reserve the right, at our sole discretionary, to apply and deduct swaps from the PAMM accounts at any time without prior notice. This includes previously closed positions. All consequences, including squared off positions due to such action taken by us, will be sole responsibility of the account holder(s).
11.2 An IB shall not open a master ▇▇▇▇ account, and his/her own introduced clients as follower account on his/her PAMM account shall this we discover, the broker at its own discretion, will reverse/remove rebates turned by the IB. DO NOT ACCEPT UNTIL YOU HAVE CAREFULLY READ ALL OF THE FOREGOING COMPLETELY AND COMPLETED THE TRADING PLATFORM APPLICATION.
I/ We understand the nature and risks of Margin Trading via spot forex, metals, commodities, and/or CFDs. I/We confirm that I/we have read, understood and agree, by ticking in the tick box below, to be bound by this Agreement, the Complex Products General Risk Disclosure Notice, Contracts for Differences – Commodities and Other Reference Assets Supplement. Finally, I confirm that I am aged 18 years or over and that the information provided by me in this application is accurate and correct.