Do you offer MAM/PAMM accounts?
If you would like to start a MAM/PAMM trader business to trade on behalf of clients, then you need to meet the following requirements:
* There is a $5,000 minimum non-negotiable minimum deposit per slave account.
* The trader can only earn a performance fee/management fee. There are no IBs or
payouts allowed for MAM/PAMM traders.
* three funded slave accounts to start a MAM/PAMM.
* At least three months of a track record to show the system is profitable. This can be from another broker. Also, we need the manager to trade with Fusion Markets for at least one month, with similar performance to the track record shown, before they can help onboard clients to the MAM/PAMM.
* MAM/PAMM trader needs to be licensed if this type of activity is regulated in his/her country.
“The commission rate on this managed account is $5.80 per lot, still one of the lowest commissions in the market.
FxMAC has set this rate for all their clients in the MAM; if there are any concerns about this, kindly request their feedback on this. One thing to note is the use of the MAM software at Fusion involves an execution cost, charged by our technology provider, which means that it's slightly higher than usual. FxMAC may have other fees on top of this along as is standard for money managers.”