If you are trading with some other broker, you need to provide us your last six months statement. Our PAMM team will review your account.If you meet all our PAMM standards, you will be approved as one of our BlueMax PAMM Manager. Or else, you need to trade with us for minimum of three months. After reviewing your performance, you will be approved as a PAMM Manager in BlueMax
It is nothing but the explanation of the performance fee, minimum investment amount and Short description about your (PAMM Manager's) trading strategy.
You can withdraw only at month end. Please remember you must maintain minimum Manager Capital of 10,000 USD.
It is your personal trading account size. Minimum Manager Capital is 10k USD; you can hike it as you wish.
No need to allocate lot size to your clients individually. You can set lot size for whole of the equity managed by you, in your PAMM Trading Account. That lot size will get automatically allocated to individual PAMM Investor Account automatically according to their equity.
We give you manager terminal, in that you can view your total investor list and the trades.
We only show your closed trades in PAMM Performance page. Your open trades are not shown. Pamm Investors will receive daily email statement only at the end of Trading Day.
Every month 1st week end the performance fee charged from your investors will be credited into your Manager Wallet account.
At the time of your PAMM approval, your Manager Wallet account will be given. Only in this Account, your Performance fees will be credited. There you can withdraw any time.
PAMM promoter program not only allows the promoter to earn money on attracting new investors to PAMM account, but also boosts PAMM Managers profit by increasing the number of investors.
No, it's optional. But if you have this feature, your investors count will get increased rapidly.
At the time of your PAMM approval a unique PAMM link will be sent to you. Through this link you can promote your PAMM performance on your own or through Promoters Program. If your performance is within the TOP 10 PAMM Managers, then your PAMM Performance will be shown on our PAMM Web link.
For this we have some criteria's like drawdown, profit making, consistency, constant following of a strategy, loss management, trade management and many more. This will be updated on first week of every month.
Yes. You can trade on PAMM account by using Expert Advisors.
Performance Fee for the Last Month will be computed on the Profit made during Last month.
The Investors Equity should be above the last capital.
For Example, an Investor invests 10,000 USD and on first month the loss is 3000 USD whereas on 2nd month the profit is 2000 USD. In this case, Performance fee will not be computed as the Investors Equity is still in Negative zone. Performance fee will be computed only if Investors Equity is more than 10,000 USD or above the Equity during the Last Performance Fee Charged.
Yes, you have this option, but you have to share your performance fee for your old referral investors which came through promoter program, as you agreed in the beginning.
Yes, you can modify it but its applicable only for the new investors not for the signed in investors.
You can fix your performance fee between 20%-50%.
Yes obviously you are an IB for your Investors. So you can get commissions for their trade.
Yes. Based on your performance we will be offering best reward other than performance fee and IB Lot commission.
If you are a new client, kindly open a live account in our website and please mention the account type as PAMM account. If you are an existing client, kindly send us a Sub account request to our support team for processing.
Minimum deposit is $1000 and it may vary depending upon the PAMM manager's offer. Please ensure the amount before investing. There are no maximum limitations for PAMM investment.
You must have to maintain minimum balance of $1000 in your trading account and it may vary depending upon the PAMM manager's.
Yes, you can invest with multiple PAMM managers but you must have separate accounts for each manager.
Your performance fee will automatically be debited from your account and credited into PAMM manager wallet account at the beginning of next month usually during weekends.
At the time of account sign up you would have agreed to pay the PAMM manager's mentioned performance fee. Performance fee will be a percentage on the profits made. That will be automatically debited from your account at the beginning of every month (for last month's profit), usually during weekends. For this purpose equity is taken into account and not balance. So floating loss or profit will also be taken into account.
You will receive Trading statements daily to your registered email id.
Yes, you can add additional funds to your current investment. Simply you can transfer funds by using any one of our payment options. But it will be credited into your account only on weekend.
Performance fee is applicable only for profitable month.
Yes .If you are having more than one account, you can send IAT request with us through your myBlueMax login. For PAMM Investments, requisition of transfer will be processed only on weekend.
If you need to change your fund manager completely or allocate partial amount via IAT means you would be charged Internal Account Transfer fee of 1% and the minimum fee is subjected to 1.00 USD.
a) If you transfer $1000 to your PAMM Investor, then the fee would be $10 i.e 1% of the transaction amount.
b) If you transfer $50 to your PAMM Investor, then the fee would be $1 i.e the minimum fee is $1.
Yes, if the IAT involves Pamm Investor account either From or To means IAT fee is applicable.
a) If you transfer funds from your PAMM Promoter account to PAMM Investor account, IAT fee will be applicable.
b) If you transfer funds from your PAMM Promoter account to Self trader account, IAT fee will not be applicable because here PAMM Investor account transaction is not involved.
IAT fee is applicable only for PAMM Investor account involved either in From or To.
There is no time limit for active trading account.
No, it is not possible to change your agreed performance fee at the time of sign up. Modification will be applicable only for the new investors.
PAMM system does not guarantee that the PAMM manager will take profit. It is meant for ensuring the technical coordination between manager and investors, which includes monitoring of PAMM accounts, money acceptance and refund.
Yes, It will remain same.
No. Open trades won't be copied.
You can send withdrawal request at any time via withdrawal form. Kindly note that your request will be processed only on weekends.
There are no limitations for withdrawing.
No. Penalty fee won't be charged for any kind of withdrawal.
Yes, you can withdraw but you should intimate us before 2 or 3 days about your withdrawal so that, we can inform your PAMM manager to stop your trades. After the completion of closing positions, we will process your withdrawal. You will get withdrawal after the deduction of PAMM manager's performance fee up to the closing equity.
No, nobody have rights to withdraw funds from your account except you.
No. Due to technical reason (server will be online) we are not able to process your request immediately. The same will be processed at the end of week (while the server is offline).
The role of PAMM promoter is to introduce the PAMM investors.
If you are a PAMM investor you may request for PAMM promoter.
No, it is not necessary to maintain any minimum balance in your PAMM promoter account
You can see it in your myBlueMax login. There you can also view Level earnings, Individual client's profit and month wise earnings.
Referral link is used for marketing activity, lead generation and for client management. You can promote PAMM through your PAMM promoter link given by BlueMax. Usually referral link is used to attract investors through online.
No, you can withdraw anytime. Minimum withdrawal amount is 100 USD.
Not necessary, but it is better if you have some basic knowledge regarding Forex.
No, Trading is not possible by using your PAMM Promoter account. But, you can do Internal Fund Transfer from your PAMM Promoter account to your trading account.
Your account will always remain active.
No, that is an automated computer system. You will receive only your level promoter commission.