PAMM Investor FAQs

ForexTime is proud to offer its clients the PAMM Account, an investment tool which forms a partnership between investors and a professional Forex trader. Individual investors can connect to a Manager’s (the experienced Forex trader’s) PAMM Account and start earning money on the Forex market.

Here is how it works:

1. An experienced trader (the PAMM Account Manager) opens up a PAMM Account.
2. The Manager creates a Proposal, in which he lists the conditions of the PAMM Account.
3. Investors join a Manager's PAMM Account by opening up their own individual Managed Accounts (which represent their share in the PAMM Account as a whole).
4. The Manager conducts all trading on the PAMM Account. The profits earned are divided up among the Manager and the Investors, based on their level of investment in the account.

The term, “PAMM Account”, describes the combination of the Manager’s Managed Account (which includes both the Manager’s Capital and the private investment of the Manager) and the Managed Accounts of the Investors. Although a PAMM Account may be made up of one or several Managed Accounts, it is traded much like an ordinary trading account.

To open up a Managed Account with a particular PAMM Manager, you will need to accept the terms offered by the Manager in their Proposal. Investors are free to invest in any PAMM Account with a “public” Proposal.

You can only make a deposit to a Managed Account after following the steps below:

1. Log in to myForexTime.
2. Deposit the amount you wish to invest to your Transitory Account, which can be found in myForexTime.
3. Go to the “PAMM Investors” tab and click on the "PAMM Account Ratings" icon.
4. In the PAMM Account Ratings, select the PAMM Account best suited to your investment goals.
5. Make sure there is a "Public" Proposal available for the PAMM Account you have chosen. Then click “Create a Managed Account”.
6. Fill out the required fields, then read and agree to the PAMM Account Rules. Choose to open the account.
7. Check your email. Your registration details will be sent to the email address you entered.

1. Log in to myForexTime.
2. Click on the "PAMM Investors" tab and go to “Managed Accounts" to select the account you wish to make a deposit to.
3. Click the “Fund Deposit / Withdrawal” tab and select "Fund Deposit".
4. Enter the amount you wish to deposit and click “Submit Request” to confirm the deposit.

Attention: The time of the next Аctive Rollover and the time the request will be processed will be recorded as soon as the request has been sent. You will not be able to cancel a deposit request sent by mistake.

Processing Time:
All requests will be processed during the next Active Rollover, as established in the Manager's Request Planner.

1. Log in to myForexTime.
2. Click the "PAMM Investors" tab and go to “Managed Accounts” to select the account you wish to make a withdrawal from.
3. Go to the "Fund Deposit / Withdrawal" tab and select “Fund Withdrawal”.
4. After entering the amount you wish to withdraw, click “Submit Request” to confirm the withdrawal.

Attention:
The time of the next Active Rollover and the time the request will be processed will be recorded as soon as the request has been sent. You will be unable to cancel a withdrawal request sent by mistake.
The Managed Account balance and equity will be recalculated.

Processing Time:
All requests will be processed during the next Active Rollover, as established in the Manager's Request Planner.

Trading statements keep track of the Manager’s transactions on a Managed Account.

In myForexTime, PAMM Account Investors can view their trading statements by clicking on the "PAMM Investors" tab, going to the “Managed Accounts” page, choosing their Managed Account and clicking on the "Statements" tab. Here they will find information about the trading operations completed by the Manager on the Managed Account.

In "Calculations", Investors can view a complete history of the changes in the balance, equity and "Share Count" on their PAMM Account (as can be found in the PAMM Account Monitoring).

The data in the "Detailed Trading Statement" section corresponds with the trading statements found in the Manager's trading platform. However, the trading volume in the Investor’s trading statement will be proportionally smaller than the trading volume of the PAMM Account as a whole, based on the Investor’s share in the PAMM Account.

During PAMM Account rollover, positions on Managed Accounts will be reopened, however this will not take place for PAMM Accounts on the trading platform. During the transition to the next trading hour, all open positions on the Manager’s trading platform will be shown on the Investor’s trading statement as positions closed at the last quote of the previous trading hour. These positions will be recorded in the Investor’s statement as having been opened at the start of the next trading hour at the same quote at which they were closed. The order numbers, however, will remain unchanged.

Attention:
Managers can set an “Undisclosed Period” for Investors, which establishes a delay for viewing information about the their trading on the PAMM Account. After the delay (i.e. 1 day), Investors will be able to view the updated trading statements. This is designed to protect the Manager from having their trades copied.

ForexTime offers its clients the demo Managed Account, allowing investors to experience the PAMM Account Service risk free by investing virtual money in a real PAMM Account. You can learn how the PAMM Account works and get a feel for the trading strategies and performance of specific PAMM Managers. The transactions made by the Manager are reflected exactly the same way on the demo Managed Account as they would be on a live Managed Account.

To open a demo Managed Account, you will need to accept the terms laid out by the Manager in the Proposal for the PAMM Account you wish to invest in.

You can make a deposit to a demo Managed Account after following the steps below:

1. Log in to myForexTime, or register for myForexTime if you are not yet registered.
2. Click on the"PAMM Investors" tab and select the “PAMM Account Ratings" icon.
3. In the PAMM Account Ratings, select the PAMM Account best suited to your investment goals.
4. Make sure that there is a Public Proposal available for the PAMM Account you have chosen. Then click “Create a Managed Account.”
5. Fill out the required fields, then read and agree to the PAMM Account Rules. Click “Open invest.demo Account.”
6. Check your email. Your registration details will be sent to your registered email address.

Attention:
Information on your demo Managed Accounts can only be found on the "Demo Accounts" page. Demo Managed Accounts are not displayed in the left column of myForexTime.
Demo Managed Account holders are not allowed to view the trading statements for their PAMM Accounts. Only investors with live Managed Accounts are able to view the trading history of a Manager. This measure is meant to protect Managers from having their trades copied.

We have tried to make our demo Managed Accounts as close to the live version as possible, so you may notice that our system for deposits and withdrawals on demo Managed Accounts is virtually the same as on live accounts.

You may only make a deposit to your demo Managed Account if the balance of your demo Transitory Account is greater than or equal to the amount you wish to deposit. You can access your demo Transitory Accounts in myForexTime by clicking on the "PAMM Investors" tab and going to “Demo Transitory Accounts".

How do I make a deposit to my demo Transitory Account?

1. Log in to myForexTime.
2. Click on the "PAMM Investors" tab and go to “Demo Transitory Accounts”.
3. Enter the amount you wish to deposit to the demo Transitory Account. Choose the currency you would like to make the deposit in. Confirm that you have entered the correct amount.

How do I make a deposit to my demo Managed Account?

1. Log in to myForexTime.
2. Click on the "PAMM Investors" tab and go to “Managed Accounts”. Select the account you wish to make a deposit to in the "Demo" section.
3. Click the "Fund Deposit / Withdrawal" tab and choose "Deposit".
4. Enter the amount you wish to deposit.

Attention:
The time of the next Active Rollover and the time the request will be processed will be recorded as soon as the request has been sent. You will be unable to cancel a deposit request sent by mistake.

Processing Time:
All requests will be processed during the next Active Rollover, as established in the Manager's Request Planner.

How do I withdraw funds from a demo Managed Account?

1. Log in to myForexTime.
2. Go to “Managed Accounts” and select the “Demo” tab.
3. Click “Withdraw” in the window of the account you wish to withdraw from.
4. Enter the amount you wish to withdraw.

Attention:
The time of the next active rollover and the time the request will be processed will be recorded as soon as the request has been sent. You will be unable to cancel a withdrawal request sent by mistake.
The balance and equity of the Managed Account will be recalculated in accordance with the PAMM Account Rules.

Processing Time:
All requests will be processed during the next active rollover, as established in the Manager's Request Planner.