PAMM and CopyTrade Wallets at Trendo
In Trendo's PAMM (PAMM) and CopyTrade (CopyTrade) investment systems, dedicated wallets are designed for account managers to manage the earnings from asset management in an organized and timely manner.
Note: These wallets are automatically activated after creating a PAMM or CopyTrade account for eligible accounts and cannot be created by users.
PAMM Wallet
The PAMM wallet is specifically designed to manage the commissions for traders in PAMM accounts. The earnings of the PAMM account manager are deposited into this wallet monthly. The features of this wallet are as follows:
Monthly Commission Deposit: The manager's commission is calculated as a percentage of the net profit of the trades and is deposited into the PAMM wallet at the beginning of each calendar month.
Instant Withdrawal Upon Investor Exit: If the investor withdraws their funds before the beginning of any calendar month, the manager's commission—if profits have been made by that time—is calculated and deposited into the manager's wallet.
Withdraw at Any Time: The trader can withdraw the balance from the PAMM wallet at any time.
No Commission for Losses: If the trades are closed with losses, the manager will not receive any commission.
Trading Ability: You can also trade in the PAMM wallet with your balance and a maximum leverage of 1:200.
CopyTrade Wallet
The CopyTrade wallet is specifically designed for receiving commissions in the copy trading system. The income of the CopyTrade account manager is deposited into this wallet monthly. The details of this wallet are:
Commission Calculation Based on Number of Investors: The manager's commission is calculated based on the number of investors who are connected to their CopyTrade account and is deposited into the wallet.
Automatic Activation: This wallet is automatically activated for eligible accounts and does not require manual action from the user.
Monthly Subscription Payment: In this system, investors pay a fixed monthly subscription fee to the account manager. This amount is not related to the profit or loss from trades, and at the end of each month, it is deposited into the CopyTrade manager's wallet.
Important Notes
Independent Management from Trading Accounts: PAMM and CopyTrade wallets operate independently from main trading accounts and are specifically designed for receiving and managing commissions.
Transfer and Withdrawal: Account managers can transfer the balance from these wallets to their other accounts or withdraw it.
Withdrawal Rules: All withdrawal rules applicable to trading accounts are valid for wallets.
Transparency in Financial Reports: All transactions and deposits related to PAMM and CopyTrade wallets are transparently visible in the user area.
For more information about the PAMM and CopyTrade investment systems at Trendo, refer to the relevant pages on the Trendo website or contact the Trendo support team.
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