The More Informed Approach to Managing Money: Money Managers (MAM)
Ever dream of managing the dough of individual or institutional investors, all while sitting at your desk with a cup of coffee and your feet up? Well, say hello to our Money Manager Program—your one-stop shop for managing multiple trading accounts like a pro, thanks to the magic of MT5. You’ll be trading across a bunch of accounts all at once with just one login, because who has time to log in 17 different times, right? And let’s not forget the killer perks like low spreads and lightning-fast execution—because speed matters when money’s on the line!
Want to fly solo? The Individual Account is your classic broking account, owned by—you guessed it—one person. You just need to be at least 18 years old. So if you’re old enough to vote, you’re old enough to trade!
Feeling generous? A joint account lets you and at least one other person (or more if you’re into group adventures) share the account. You don’t necessarily need an agreement for transactions, but it’s probably wise to at least agree on pizza toppings first. All account holders must be 18+—so no kiddie co-pilots here.
Got a whole legal entity behind you? Then a Corporate Account is your go-to. Set up by a legal entity authorised by a state or country, a corporate account usually has multiple people involved in various roles. Just make sure all the individuals are at least 18 years old—because nobody wants a teenager making boardroom decisions.
Our ICFXL Money Manager Program lets you take the wheel when it comes to managing your clients’ assets. In exchange for a fee (because, hey, your genius isn’t free), you get to make all the smart investment moves and craft strategies that make your clients feel like they’re rolling in gold.
Features That Make You Look Like a Finance Genius
Multiple master accounts for different strategies—because variety is the spice of life (and profit!).
Competitive pricing—who doesn’t love a good deal?
MAM technology—account management so easy, even your grandma could do it (but we recommend leaving it to the pros).
Flexible fee options—make your clients and your wallet happy.
Advanced online backup reporting—fancy reports that make you look good.
Expert Advisor (EA) trading friendly—because robots are your friends in this game.
Easy account funding—because chasing down funds should never be part of your job.
If you're a money manager who helps people invest, FX (foreign exchange) and CFD (contracts for difference) are cool options! They let you use more money than regular stocks and futures, and you can trade things going up or down. Plus, the FX market is open all the time, so you can trade whenever you want!
Introducing the ICFXL PAMM Trader:
This tool is perfect for money managers who want to manage multiple trading accounts from one place. It's designed for professional traders like you, and it works seamlessly with MT5, the popular trading software.
What the ICFXL PAMM Trader can do:
Log in to one MT5 account and manage all your other accounts.
You can tell each account how much money to use for trading.
See all your trades in a neat list.
This tool is approved by MetaQuotes, the company that made MT5.
It's built right into MT5, so you don't need to install anything extra.
You can close individual trades in each account.
Get the PAMM Trader now! It works on Windows 7 or newer.
ICFXL is like your partner in helping people invest in FX and CFDs. We make it easy for you to manage your clients and focus on what you do best: trading and getting new clients. We have great trading tools and reports that are easy to understand.
We have awesome trading tools.
You can earn money from people using more money to invest.
You and your clients can see reports anytime.
FX and CFDs are some of the most popular things to trade.
Nope, once you send in your application, you can't change it. So, before you do, make sure you read the rules about managed accounts. A friendly person from the company will check your offer and confirm all the details.
You can use these account types: ICFXL Fixed, ICFXL NDD, and ICFXL NDD No Commission. You can find more information about these accounts on the website, along with a helpful chart that compares them.
Go to the website, click on "Clients," then "Documents," and look for "Procedure for provision of the 'Managed account (PAMM)' service" under "For investors."
Agreement with the Company: This is just a fancy way of saying you're agreeing to use their services.
Managed account (PAMM): This is where a manager uses their own money and the money from investors to make trades.
Investor account: This is just for moving money into and out of the managed account.
Manager: This is the person who makes the trades in the managed account.
Investor: This is the person who gives their money to the manager.
PAMM agent: This is someone who helps to connect managers and investors.
Management: This is the manager's job of making trades.
Manager's Offer: This is what the manager offers to investors, like how much they can earn and what the rules are.
Balance transaction: This is when you add or remove money from the managed account.
Managed account balance: This is how much money is in the managed account, including the manager's money, the investor's money, and any profits or losses.
Equity of Managed Account: The total amount of money in the managed account, including profits and losses.
Margin: This is money that is set aside to cover potential losses.
Free margin: This is the money that is not used as margin.
Manager's Capital: This is the manager's own money in the account.
Manager's Funds: This is how much of the total money in the account belongs to the manager.
Investor's Capital: This is the investor's money in the account.
Investor's Funds: This is how much of the total money in the account belongs to the investor.
Investment period: This is the time that the manager is in charge of the account.
Manager's Profit: This is how much money the manager makes.
Investor's Income: This is how much money the investor makes.
Investor's Profit: This is how much money the investor makes after the manager takes their fee.
Manager's Fee: This is the percentage of the investor's profit that the manager gets.
PAMM Agent's Fee: This is the percentage of the manager's fee that the PAMM agent gets.
Rating of Managed Accounts: This is a list of managed accounts, sorted by how well they are doing.
Liquidation of a managed account: This is when the account is closed.
The Time of the Company (ICFXL Time, EET): This is the time used for trading on their platform.
Trading Day: This is when the manager can make trades in the account.
The manager you choose manages your money, not the company.
You can find a list of all the managed accounts on the website under "Investors" - "Rating."
They are sorted by how much money is in the account. You can also sort them by other things, like how long the account has been open, how much money it has made, and how much it has lost.
Profitability shows how much money the account has made or lost. It's calculated by comparing the amount of money in the account before and after trades.
You can only send a message to the manager after you invest in their account.
No! Only investors can take money out of the account.
Right now, you can't see the manager's open trades, but you can see their closed trades and how the account is doing.
The amount of money you make depends on how well the manager does. You will see the results at the end of each investment period.
Yes, you can take out any amount of money you want at the end of the investment period without any fees.
You can do it through your client area under "MY PAMM." The company will handle the money transfers.
You can submit deposit requests anytime, and they will be processed at a specific time each week.
Yes, you can invest in as many managed accounts as you want.
Deposits and withdrawals are processed at specific times throughout the week.
Yes, but there might be a fee if you take it out before the end of the investment period.
If you're a good trader, you might make more money by being a manager. If you're not sure, investing in a managed account might be a better option.
This shows how much profit was made compared to how much money was lost.
This shows how much money the account has made overall.
This is the biggest drop in the account's value compared to its highest point.
During times of extreme volatility (such as news releases), modify your approach by either avoiding the market or strengthening risk management. Cycles of the Market: Determine if the market is reversing, consolidating, or trending, and modify your approach appropriately. Traders can develop a sound strategy to generate steady gains over time by integrating technical and fundamental research, stringent risk management, and emotional control.
A Friendly Reminder
63.21% of retail investors lose money when trading CFDs with this provider. Trading CFDs comes with a high level of risk due to leverage. Make sure you understand how CFDs work and assess whether you can afford to risk losing your capital.
We as an STP broker would want you to win all the time. So, please do not hesitate to consult with us before venturing into the wild world of forex trading. You need the right kind of armour to hunt those sneaky profits, and we have lots of it.