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July 9, 2016

Question:Does FXDD offer 'PAMM/MAM account', 'lot allocation' and 'percentage allocation'?

Answer:

FXDD offers lot allocation but not percent allocation facilities available to money managers.

For specific terms and conditions, send a request to FXDD sales department detailing specific needs and a representative will be in contact.

Please note that in case your country requires specific license to be active as a money manager, you may need to verify the license to FXDD before being offered with the system.

FXDD does not offer “Social Copy Trading” system where you can attract clients on the web based on the profit result you have made. You may need to refer your own clients to FXDD in order to manage clients’ funds.

Last but not least, you(account manager) and your clients will need to have LPOA(Limited Power Of Attorney) contract which specifies all incurred cost and commissions paid to money managers.

FXDD Official Website

Managed PAMM/MAM account with FXDD

FXDD does not directly manage clients’ accounts, but FXDD does have relationships with multiple money managers who do manage client funds.

FXDD provides their client whose account is managed with tools to allow them to view their account in real time, and even create printable reports for their records.

FXDD also has a unique product called Mirror Trader through which a customer can select from more than 60 trading signal providers and create a portfolio that will trade automatically.

The possibility for diversification, advanced money management and freedom of choice makes this a preferred product for those interested in managed accounts. FXDD also offers money managers special tools that permit them to trade multiple accounts at the same time.

Although FXDD may offer you with the complete tools to become a money manager with them, you may need to bring your own clients to start managing funds.

For more information about the service, please contact FXDD support team from the Official Website

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