How it works General comparison of account types

General comparison of account types

When to use each account type

Social trading

Best for retail

Really easy to use without any complicated details about its behavior

PAMM (Fund)

Can be used both for retail and professional money management

Can be used both with and without leaderboard. Depending on situation and business model. Without leaderboard can be also considered as a type of MAM for professional money managers

Everybody is used to this account type as it very natural for everybody if explained as investment fund

As soon as deposit and withdrawal requests are not immediate, it is more complicated for retail investors than copy trading. So better to prepare some materials and FAQ on a website prior to launch it

MAM (Multi-Account Management)

For institutional or professional money managers only. Because in this account type money manager can change allocation settings for investors by himself

MAM is a general name of investment structure when money manager holds full power over allocation method for each investor. In many situations PAMM also can be called MAM

MAM can be combined with PAMM. For that kind of structures and setups please ask for consultation B2Broker’s support team

#

Feature

Social Trading

PAMM

MAM

Comment

1

Money managers appear in leaderboard

Yes

Optional

Optional

Better to hide MAM Master from leaderboard as his performance can be different from investor’s. Because Money manager can activate / deactivate Investor and use different formulas for copying trades to investment account

2

Investors can subscribe to money managers by themselves

Optional

Optional

Optional

Any master account can be hidden from leaderboard - investors will not see and subscribe it

3

Investors can see opened positions in MT5

Yes

No

Yes

Investors of PAMM accounts get only balance operations on invesmtent accounts with their share of PnL of position opened on master account

4

Investors get exact same return as money manager

No

Yes

No

MAM and Social Trading are based on coping trades from master’s account to investor’s and this operation always takes a piece of time. So execution prices on investors and master can be slightly different

5

Deposit/Withdrawal on investment account affects equity of Master account

No

Yes

No

PAMM-master account is combined from several investment accounts, so that’s why when you deposit money on PAMM investment account same amount will be deposited to PAMM Master. In MAM and ST investment accounts are separated from Master accounts

6

Instant Deposits/Withdrawals

Yes

Optional

Yes

Deposits/Withdrawals (DW) in PAMM accounts usually made with scheduled rollovers so DWs will not be a surprises for money managers. But it is possible to set them in Immediate mode

7

Subscriptions and Unsubscriptions are immediate

Yes

Optional

Yes

Subscriptions/Unsubscriptions trigger deposits trigger Deposit/Withdrawals, so here is the same logic as above: PAMM-master can manage the schedule when his investors can subscribe and unsubscribe

8

Investor can trade on investment account

Yes

No

No

In MAM and PAMM investment accounts are in Read-Only Mode

9

Investor can close position that was opened by a master

Yes

No

No

In MAM and PAMM investment accounts are in Read-Only Mode.

10

Investor can get reversed position

Yes

No

Yes

Investor in social trading or money manager in MAM can set a reverse copy setting on a subscription and get reverse trades. In social trading it helps get profits even by copying losing traders.

#	Feature	Social Trading	PAMM	MAM	Comment
1	Money managers appear in leaderboard	Yes	Optional	Optional	Better to hide MAM Master from leaderboard as his performance can be different from investor’s. Because Money manager can activate / deactivate Investor and use different formulas for copying trades to investment account
2	Investors can subscribe to money managers by themselves	Optional	Optional	Optional	Any master account can be hidden from leaderboard - investors will not see and subscribe it
3	Investors can see opened positions in MT5	Yes	No	Yes	Investors of PAMM accounts get only balance operations on invesmtent accounts with their share of PnL of position opened on master account
4	Investors get exact same return as money manager	No	Yes	No	MAM and Social Trading are based on coping trades from master’s account to investor’s and this operation always takes a piece of time. So execution prices on investors and master can be slightly different
5	Deposit/Withdrawal on investment account affects equity of Master account	No	Yes	No	PAMM-master account is combined from several investment accounts, so that’s why when you deposit money on PAMM investment account same amount will be deposited to PAMM Master. In MAM and ST investment accounts are separated from Master accounts
6	Instant Deposits/Withdrawals	Yes	Optional	Yes	Deposits/Withdrawals (DW) in PAMM accounts usually made with scheduled rollovers so DWs will not be a surprises for money managers. But it is possible to set them in Immediate mode
7	Subscriptions and Unsubscriptions are immediate	Yes	Optional	Yes	Subscriptions/Unsubscriptions trigger deposits trigger Deposit/Withdrawals, so here is the same logic as above: PAMM-master can manage the schedule when his investors can subscribe and unsubscribe
8	Investor can trade on investment account	Yes	No	No	In MAM and PAMM investment accounts are in Read-Only Mode
9	Investor can close position that was opened by a master	Yes	No	No	In MAM and PAMM investment accounts are in Read-Only Mode.
10	Investor can get reversed position	Yes	No	Yes	Investor in social trading or money manager in MAM can set a reverse copy setting on a subscription and get reverse trades. In social trading it helps get profits even by copying losing traders.