MAM account features are available for money managers who manage several accounts using MetaTrader 4 and Scandex at Scandinavian Capital Markets.
Our MAM (Multi Account Manager) feature provides a flexible system that allows sub-allocated trades under the master account. Above all, as a money manager this allows you to execute block orders quickly. Enjoy the flexibility of tweaking the account size, amount of lots, and adjustments based on the risk profile of your accounts. This is an important tool for money managers who manage multiple investor accounts. By utilizing the MAM technology you no longer have to prioritize investor orders. All customers under the MAM solution will receive the same fill price regardless of their trade size and investment amount.
Multi Account Management technology is an integral part of the Scandinavian Capital Markets institutional offering. Our custom solution utilizes the latest intelligent exchange technologies and provides full-featured back-office to manage risk, trade activities, positions, and settlements. With centralized processing, you can ensure no delay between each trade with one-click trade execution. SCM’s MAM technology also is available on the Scandex platform, MetaTrader4, and Web GUI.
SCM’s MAM gives money managers the ability to trade on an institutional platform, Scandex. This is a major advantage over other MAM solutions that only work on the retail focused MT4 platform. Our MAM solution also offers greater system compatibility and trading options. While MetaFX might be the original MAM solution, it has many drawbacks, one of which is it only operates on Windows desktop for MetaTrader4. With our Multi Account Manager there is finally a superior option available for utilizing MAM technology. Giving you the ability to trade from Scandex, MT4, and Web GUI.
Other brokers offering Money Manager MAM solutions usually require the Money Manager to submit their own reporting. As a result it can take the broker 30+ days to actually do the deduction from investor accounts. This can lead to the Money Manager not receiving their fees in a timely manner, or at all, as the responsibility of tracking clients leaving the MAM falls upon the Money Manager. In this case it is possible to accidentally let an investor leave before charging them the fees, resulting in the Money Manager not being paid for their work.
SCM’s MAM automatically calculates performance fees at the end of the month based on the previous high water mark. This automation is a feature that offers a MAJOR advantage over other MAM software. The Money Manager always receives their performance and management fees. There is no risk to the money manager not receiving their money. In conclusion this allows you to focus on trading for your investors and raising capital, not worrying about the administrative side!