Moneta Markets Launches PAMM Trading Accounts
Moneta Markets has integrated PAMM accounts to give money managers straightforward access to financial markets. Money managers will be able to open live accounts and trade popular products including forex, share CFDs, cryptos and commodities. The transparent solution is easy to sign up for and comes with competitive trading conditions.
New PAMM Accounts
Percentage allocation management module (PAMM) platforms are on the rise. Essentially a pooled pot of capital, they allow traders to manage multiple accounts to generate profits while investors can allocate funds to managers in the proportions that they desire.
The new solution from Moneta Markets is designed with scalability in mind, making it quick and easy to onboard an uncapped number of accounts. Clients can get started on the broker’s website with a few straightforward clicks.
Moneta Markets founder, David Bily, had this to say of the latest addition: “By partnering with the leaders in financial services technology, Brokeree, Panda, as well as our network of Money Managers, we have been working tirelessly to perfect our PAMM platform to deliver the most efficient and secure solution in the industry for PAMM Managers and their investors alike. Our platform allows Money Managers to instantly onboard their investors, and with the ability to create an unlimited number of investor accounts, it’s completely scalable with their business.”
“Transparency is also paramount for us. Our custom platform offers separate and intuitive dashboards for both Managers and their Investors, and offers in-depth trade reporting and statistics,” Bily added.
About Moneta Markets
Moneta Markets offers 300+ instruments on its proprietary web-based platform. The CIMA-regulated broker has 70,000+ clients on its books and monthly trading volumes of over $100 billion.
Moneta Markets has been on an investment drive in recent months, introducing an ECN account on the popular MT4 and MT5 platforms, as well as launching its next-generation Praxis Cashier module. The broker’s latest PAMM solution is another example of its willingness to respond to client needs.