Configure PAMM settings
Learn how to configure PAMM settings, including default allocation methods, rollover types, and custom comments for dividend payouts
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Learn how to configure PAMM settings, including default allocation methods, rollover types, and custom comments for dividend payouts
Last updated
Was this helpful?
For PAMM services, you can select the default allocation method applied to all new PAMM subscriptions and the default rollover type applied to all new PAMM master accounts.
In addition, you can specify the format of comments added to balance operations, such as dividend payouts, in order to distinguish such operations from deposit operations.
Configure PAMM settings as follows:
Go to Investment Platform and expand the required platform instance, such as MT4, MT5, or cTrader.
Go to Pamm > Settings.
Make sure you are on the Trading Settings tab.
In the Default allocation method dropdown, select a method for allocating positions between PAMM investment accounts subscribed to the same PAMM master account. The default method is applied to all new PAMM subscriptions.
The following two allocation methods are available:
Reallocation on deposit & withdrawal On each deposit and withdrawal operation, open positions on a PAMM master account are reallocated to PAMM investment accounts subscribed to it, in proportion to equities.
No action on deposit & autocorrection on withdrawal On deposit operations, no position is reallocated from a PAMM master account to the subscribed PAMM investment accounts. On withdrawal operations, open positions on the PAMM master account are autocorrected (partially closed) in proportion to withdrawn amounts. The autocorrection is made to preserve the same leverage (or margin level) on the PAMM master account.
Refer to to learn more about each allocation method.
In the Type of Rollover dropdown, select the default rollover type. The default type is applied to all new PAMM master accounts. The following two rollover types are available:
Manual – indicates that the rollover process is triggered on a PAMM master account by the trader who owns that account at a required time.
Scheduled – indicates that the rollover process is run automatically based on a schedule.
For the Scheduled type, the default time for starting the rollover process is every day at 00:00 and the default freeze time preceding the rollover is 15 minutes.
In the Rollover Settings for Client dropdown, select either Manual or Scheduled, or both.
If both options are selected, PAMM traders can select a rollover type for each of their PAMM master accounts in the Web UI.
In the section named Distribute balance orders to investors, add comments that will be assigned to such balance operations as dividend payouts during dividend distributions from a PAMM master account to the subscribed PAMM investment accounts.
The comments are required if you provide your clients with access to stock and index markets, which imply dividend payouts. With the help of comments, dividend payouts are distinguished from deposit operations and taken into account for calculations of trading statistics, such as PnL, for the PAMM master account as well as for PAMM investment accounts subscribed to it.
Add a comment as follows:
Click the Add (+) button.
In the Alias field, specify the balance operation to which the comment is assigned, for example, Dividend.
In the MT Comment field, enter the comment.
The comment can be specified in plain text or using one or both of the following placeholders:
<MASTER> – the identifier of a PAMM master account
<TICKET> – the identifier of a trade placed on a trading platform
For example:
Dividend distribution from <MASTER>
or
Dividend from <TICKET> | <MASTER>
Click Save to add the comment.
Example
Suppose the comment for dividend payouts is specified in the format:
Dividend | <MASTER> | <TICKET>
The following comment is assigned to operations of dividend payouts earned from the trade 11456789 placed on the PAMM master account 2123456789:
Dividend | 2123456789 | 11456789
