1.You can apply to open a PAMM fund or become a fund manager at Land-FX PAMM application page: (https://pamm.land-fx.com/ko/pamm/register/fund_manager)
2.Minimum of 1 investor need to register for the PAMM fund to activate for trading.
Base currency is to be selected by the fund manager during the application process. Automatic currency conversion occurs when the different currencies are used for fund's base currency and investors' accounts.
Fund mangers are either Private or Public. Public PAMM funds can be set up when the fund manager is willing to disclose his/her data and attract investors. If you want to operate only for undisclosed private customers, you can sign up as a Private Fund Manager.
Fund status is not able to change.
It is the Publick PAMM fund's name that will be displayed on the Land-FX homepage.
Fund's profit/loss calculation intervals can be either weekly or monthly based on the fund manager's preference. Profit settlements will be done in the weekends ( based on MT4/MT5 server time) and the distribution takes place directly to the investors' accounts.
1.Management fees will be set up when the fund managers sign up for the PAMM fund. Calculation/Settlement takes place based on the valuation intervals (weekly or monthly).
2.Profit distribution takes place when (Total equity - Total invested capital) is greater than 0.
1.Management fees for private PAMM cannot be altered in any case.
2.Management fees for public PAMM cannot be altered in any case.
We apply 50% margin call and 30% stop out levels for PAMM accounts.
Land-FX provides up to 500:1 leverage. For more information: https://www.land-fx.com/trading/margin_leverage
You can terminate a fund on the PAMM fund's configuration page by turning off "Fund Activation" when there are no active trades.
For Private PAMM funds, private passwords are sent to invite potential investors.
1.If you are interested in investing in Public PAMM funds, you can see their performance on Land-FX homepage.
2.Private PAMM funds are only accessible when the fund manager provides passwords to the private investors.
3.Please follow the process for PAMM fund selection, investment amount input, etc. Your application will be complete after the electronic signature.
4.After PAMM investor account is set up, you will need to transfer the initial investment amount to the PAMM fund to activate your investor account.
1.Ownership Ratio = An investor's capital in the PAMM fund / Total invested capital in the PAMM fund
2.Investor's profit = (Total equity - Total invested capital) * Ownership Ratio. Final profit is after taking into account for the management fees.
3.Profit settlement is only available when the there is a positive performance: (Total equity - Total invested capital) > 0
eg. Investor A's funds $10,000, Total invested funds $100,000, Management Fee 10%.
Fund's total equity $105000
-> Profits : $450
- $5000 (Fund's total profit) * 10% (Ownership Ratio) - $50 (Management Fee)
Land-FX PAMM fund program does not guarantee profitability for any fund managers. It is the investors' responsibility to carefully select the funds before making investment decisions.
Please refer below for the withdrawal process for the PAMM fund investors.
1.Switch to OFF for fund activation set up.
2.After deactivation, you can withdraw your funds (net of management fees) during the PAMM valuation where there are no active trades.
Land-FX PAMM fund program does not allow fund managers to withdraw funds from the PAMM account.
Profits will be settled to PAMM investors' accounts.