PAMM (Percentage Allocation Money Manager) set up

Requirements and Rules:

Must be registered under an IB or they won’t be allowed to connect the account. It’s only
available under MAU and SEY entities.

1. Which currencies are included in PAMM?

3 different currency types - EUR/GBP/USD

2. How can a client open a PAMM (Managed) account?

Clients can open a PAMM account via the ‘Add New Account’ option in their dashboard.
Their KYC needs to be verified.

3. Do you need a password to create a PAMM account?

After the client selects the account currency, they are then required to enter their profile
password to create the PAMM account, the new account is created, and the client is
redirected to the ‘Account overview’ page.

4. What happens when they click on ‘Managed Account’?

They are able to see the account details. When the ‘Managed Account’ button is clicked,
the client will be redirected to the PAMM Platform.

5. What information is in the dashboard?

In the Managed accounts dashboard the clients can see details regarding their wallet,
their investments and their finances to check their balance. Also, details include
information such as available strategies, status, equity, the date the client opted into the
strategy, management fees and performance fees paid.

6. What are performance fees?

Performance fees are a percentage of profits. These are calculated according to high
watermark and based on the profit the provider makes for the followers.

7. When are performance fees calculated?

Performance fees are calculated at the first weekend of the month, so on the first week
of the new month we calculate and pay for the previous month's activity.

8. Is there a minimum deposit for a PAMM?

Yes, and this is set by the Fund Manager. The client needs to match or put a larger
amount than the minimum deposit set for the strategy to participate in it.
9. Can a client make a partial withdrawal from a Fund Manager Strategy?
A withdrawal can be made only on close or profits, not partial. The client can close and
reinvest less.

10. How can a client withdraw from a Fund Manager Strategy?

Withdrawals from Fund Manager strategies happen during the next rollover in case there are
open positions, and the Fund Manager does not have enough FREE MARGIN to action the
withdrawal. In such cases, the Fund Manager needs to close the positions on their side.

Fund Manager set up

1. How to set up a Fund Manager account?

In case that the client wishes to become a Strategy Provider (Fund Manager) and is
eligible, according to the regulation, he/she will need to apply by going to ‘My
Strategies’ page and by clicking on the 'Become a Fund Manager' button.
A questionnaire will be presented, which will be reviewed by Dealing before access to
create a strategy is enabled.

2. What do you need to become a Fund Manager?

To become a fund manager you will need to fill out a questionnaire, Must have 6 months
of successful/profitable trading history, Must upload a CV (not optional), Subject to
Dealing Department’s approval.

3. Is there a password for creating private strategies?

When the Master Trader creates their account and specifies the strategy is Private, a
pop up with a password is created in which they can give to their followers.
Additional info

● Max 1:200 leverage

● Fund Managers must match minimum investment for strategy
● Must have funds in the wallet to create a strategy. These funds will be automatically
invested when a strategy is created
● Only certain IB’s are allowed to have strategies.
● Manager’s Equity does not take Swaps into account
● Rollovers refer to funds in and out of the strategy, not to be confused with Swaps
● Rollovers are charged at 12 Midday Cyprus time
● When investing in a strategy with open trades, funds will be added at the next day's
rollover. If no open trades, then funds will be added instantly into strategy
● Wallet balance will not be affected by any losses incurred
● Withdrawals will not be processed if it will result in a Margin Call