Is MAM Broker XM the Same as PAMM?

XM broker
A
Abdul Wahidin
26 Feb 2015, 12:06 5,739 Views
Hello master.
I want to ask about MAM XM. Is it the same as PAMM? Because in other brokers it is equated. But when I read the details, why is there no mention of a commission split for the manager? Then, how can the manager profit?

1 Answer

R
rachmat 27 Feb 2015, 08:21

The MAM account of broker XM is almost the same as the PAMM account offered by some other brokers, only the name is different. PAMM and XM MAM are trading platforms offered by brokers, where each investor can benefit from the trading done by a fund manager/investment manager.

The commission split can likely be set directly on the MetaTrader platform, as XM MAM uses MetaTrader as its main platform. Different from most brokers' PAMM systems which use each broker's in-house platform.

XM MAM is similar to copy trading on InstaForex, or follow on the MQL5 site. It is also similar to copyer on Myfxbook.

Thanks

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