Moneta Markets Introduces PAMM Accounts
Moneta Markets, a multi-asset brokerage, has launched fully integrated PAMM accounts to facilitate money managers and traders. The newly introduced PAMM services will allow money managers to open an account and trade various financial products including FX pairs, commodities, cryptos and CFDs.
According to the official press release shared with Finance Magnates, the PAMM platform is the latest addition to the company’s existing list of programs for partners including Affiliate, Hybrid and Introducing broker partnership programs.
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Moneta Markets highlighted the growing popularity of PAMM platforms and mentioned that PAMM services are contributing as significant volume generators for retail brokers around the world. Moneta Markets aims to evolve its offering based on the feedback from its clients and partners.
Commenting on the recent launch, David Bily, Founder of Moneta Markets, said: “By partnering with the leaders in financial services technology, Brokeree, Panda, as well as our network of Money Managers, we have been working tirelessly to perfect our PAMM platform to deliver the most efficient and secure solution in the industry for PAMM Managers and their investors alike. Our platform allows Money Managers to instantly onboard their investors, and with the ability to create an unlimited number of investor accounts, it’s completely scalable with their business.”
Moneta Markets has expanded its services during the last few months. In April 2021, the broker announced the launch of its next generation of Praxis Cashier module and mentioned that it has improved its deposit and withdrawal process since the launch of Praxis Cashier. With the launch of the latest PAMM accounts, Moneta Markets aims to facilitate money managers and clients with a fully transparent solution.
“Transparency is also paramount for us. Our custom platform offers separate and intuitive dashboards for both Managers and their Investors, and offers in-depth trade reporting and statistics,” Bily added.
Earlier this year, Moneta Markets expanded its offering with the launch of true ECN accounts for MT4 and MT5 platforms.
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