Deposit funds to PAMM accounts
Last updated
Last updated
Funds can be deposited only to PAMM investment accounts. Any balance operations are prohibited on PAMM master accounts, which means that PAMM traders aren't allowed to deposit or withdraw funds from their PAMM master accounts
PAMM master accounts are deposited with the funds of the PAMM investment accounts subscribed to them. If a PAMM trader wants to contribute funds to their own PAMM master account, they should create a PAMM investment account, subscribe it to the corresponding PAMM master account and then transfer funds to the PAMM investment account.
If a client creates a PAMM master account in the Web UI, the accompanying PAMM investment account is automatically created for the client and subscribed to the newly created master account.
To deposit funds to a PAMM investment account, transfer funds from a client's wallet to that account.
Transfer operations between PAMM investment accounts are prohibited.
Funds can only be transferred between wallets and PAMM investment accounts denominated in the same currency.
Fund can be transferred to a PAMM investment account only after the investment account is subscribed to a PAMM master account.
Transfer funds to a client's PAMM investment account as follows:
Go to Finance > Transfers.
Click +Create at the upper-right page corner.
From the clients list, select a client for whom you want to make a transfer.
On the Transfer page, fill in the following fields:
In the From account dropdown, select a client's wallet from which you want to transfer funds.
In the To account dropdown, select a client's PAMM investment account to which you want to transfer funds.
In the Amount field, enter an amount that you want to transfer. The specified amount is duplicated in the Destination amount field.
Confirm the transfer by solving a math problem and entering a result in the Verification code field.
Click Save to create the request to transfer funds.
If your system is configured to require an admin's approval for transfers, then go to Clients > Requests and approve the request. Requests to transfer funds to/from PAMM investment accounts are assigned the Pamm Transfer type.
On PAMM accounts, balance operations aren't executed immediately. Instead, requests for their execution are created, which are then processed during that are run on PAMM master accounts. You can view lists of pending and executed requests on the Balance tab in the details of master and investment accounts (refer to View and execute pending PAMM requests).
