These days, traders and investors have a lot more opportunities to succeed in financial markets (including Forex). However, due to multiple factors (fear, greed, poor risk management, lack of knowledge or skills and some other factors), most traders’ market activities leave much to be desired.
However, from now on, even rookies who have little trading experience can enjoy decent passive profits.
How is it possible? This is opportunity is given by XEMarkets (Trading Point of Financial Instruments Lt).
The broking company offers anyone to make use if it exclusive innovative solution - the XEM MAM trading platform, which opens the door to some of the most competitive trading conditions in the industry, including МАМ accounts.
What are MAM accounts and how to benefit from them? Let’s find this out…
XEM MAM – Riskless Passive Income
MAM stands for Multi Account Manager. MAM accounts are designed to give investors of an opportunity to generate passive income. In essence MAM is close to PAMM. However, there are several key differences. The major one is that MAM is more efficient than PAMM.
Why are MAM accounts better than PAMM accounts? Everything is fairly simple. The functioning process implies a few simple steps. A few clicks… and you can enjoy watching your capital boosting. Moreover, XEM MAM, the company’s exclusive software, provides easy access to the MAM technology. XEM MAM inherited all the benefits of Metatrader4, simultaneously being improved so as to cater for all kinds of traders’ interest and proved them with multiple bonuses.
If you want to make use of the MAM technology, open a trading account with XEMarkets, make a deposit and choose a trader. The managing trader will do the rest. However, the investor remains in control of everything that is happens on his account. All the information is provided automatically.
The XEM MAM page reads:
How To Apply for XEM MAM
Both Manager and Investors are required to open a real trading account with XEMarkets.
Investors must complete a limited Power of Attorney, which empowers the Manager to trade the funds on their behalf.
Investors must send the signed limited Power of Attorney to sales@xemarkets.com.
The Manager has the responsibility to contact sales@xemarkets.com and request that his real trading account has the MAM software enabled and all authorized accounts are set manageable by his Master Account.
Please note that the Investors can revoke the limited Power of Attorney at anytime by contacting sales@xemarkets.com
The XEM MAM operates differently from the classical MetaTrader Multiterminal by allowing fund managers, portfolio managers and multiple account holders to manage multiple MT4 trading accounts simultaneously with the use of one account.
The XEM MAM has all the features of the usual MT4 interface, including full use of the MT4 charting package, automated trading and expert advisors (EA’s). The MAM software enables a simple way of handling multiple accounts with all commissions accrued automatically, making it efficient for fund managers to trade with clients’ accounts in a transparent way.
How XEM MAM Works
Through the MAM software the Manager’s MT4 trading account is assigned as Master Account and the Investors’ accounts, which are handled by the Manager, are recognized as Follower Accounts. The total sum of trusted money is treated as a whole and traded by the Manager’s Master Account.
Profits
Profits from closed orders are automatically distributed to the original account owners (Follower Accounts).
Losses
Losses from closed orders are calculated according to the funds that were used during the trading activity. This guarantees that the Manager handles all funds appropriately and never risks more than he has previously agreed on with his Investors.
XEM MAM Features
· Live P&L data for clients
· Daily/instant reports on individual accounts
· Multiple account management directly from MetaTrader4 Client Terminal
· Unlimited trading accounts
· Full SL/TP functionality
· Flexible trading options
Who Can Apply for XEM MAM?
· Fund Managers
· Asset Managers
· Multiple Account Holders
For examples and more details, please visit the company’s official website.
