
CMTrading launches PAMM+
2024 launches with good news for those fund managers licensed in South Africa looking to easily invest on behalf of clients in forex or global markets who want to maximise their benefits. CMTrading has announced the launch of its PAMM+ platform, an intuitive and easy way to invest with experienced trader support.
Fred Razak, Chief Trading Strategist tells us why this is important
: 2024 launches with good news for those fund managers licensed in South Africa looking to easily invest on behalf of clients in forex or global markets who want to maximise their benefits. CMTrading has announced the launch of its PAMM+ platform, an intuitive and easy way to invest with experienced trader support.
A PAMM trading account, short for “Percentage Allocation Management Module”, enables fund managers seeking exposure to forex trading or other financial markets to allocate their funds to be managed by skilled traders or money managers who make investment decisions on their behalf.
“Essentially, the trader, whose sole job is to provide wealth for their clients, will put together a mixed investment basket in which fund managers can choose to invest. The trader will put their time and resources into managing the account, and the fund managers are then paid out according to their percentage of the benefits accrued,” explains Fred Razak, Chief Trading Strategist at CMTrading.
Invest across global markets without experience
“On CMTrading PAMM+, fund managers can invest across multiple global markets on one simple platform, and they can gain quite a lot of transparency from the platform itself while doing so,” says Razak.
“Over the years, we have had clients reach out to us who don’t have the background to trade the financial market. We are a brokerage that is licensed to facilitate investors and traders to trade the financial markets but, we do not act in an advisory role. As a result, we have enabled this feature on the platform to facilitate fund managers who are licensed as advisors to trade/invest on behalf of clients,” says Razak, explaining that the scenario is a win-win.
“Participating in the financial markets successfully takes a huge amount of time, research, and resources, and many of our clients don’t have the time required to invest successfully in each global market. However, The money managers are experienced with managing funds for clients, and seeing that this is their job to create wealth for clients it enables our clients to see returns without the task of trading/investing on their own ” says Razak.
“In this symbiotic relationship, fund managers draw in more clients with thriving portfolios, creating a win-win scenario. Clients, in turn, reap the rewards by having a strategic avenue for investment that yields superior returns compared to idle funds in traditional banking,” concludes Razak.
Those interested in finding out more should head to: https://www.cmtrading.com/pamm/#/
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CMTrading is the brand name of Global Capital Markets Trading Ltd (A Seychelles company, company no. 104785)
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Issued By: The Lime Envelope
On Behalf Of: CMTrading
For Media Information: Kerry Oliver
Telephone: 082-927-9470
E-mail: kerryo@thelime.co.za
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ABOUT CMTRADING:
CMTrading is “Your local international broker” and a multi-award-winning provider of derivative trading solutions to the local and international markets. The company has received numerous accolades and is regulated by the South African Financial Sector Conduct Authority (FSCA). With over 10 years of operational excellence, CMTrading continues to reach new heights in 2023 with over 1,000,000 happy subscribers and ten awards won so far this year for its world-class trading experience.
Among the awards won is the highly sought-after “Best Performing Financial Broker Africa” from Global Business Review Magazine, backed up by three Global Business and Finance Magazine Awards for “Fastest Growing Broker Nigeria 2023”, “Best Performing Broker South Africa 2023” and “Fastest Growing Financial Broker Middle East 2023”. CMTrading also received two World Business Stars Magazine Awards in the United Kingdom for “Best Broker in Nigeria 2023” and “Most Innovative Forex Broker in GCC & Africa 2023”.
Additionally, CMTrading received four other awards, including the Global Business Review Magazine, “Best Growing Broker Kenya 2023” and “Best Growing Broker Nigeria 2023” as well as the Global Business Magazine “Best Financial Broker Nigeria” and “Best Partner Program GCC 2023”.
CMTrading assists in increasing its clients’ trading knowledge and provides personal service and support, as well as a range of online solutions to match every trader’s needs.
CMTrading is a Securities Dealer registered in Seychelles with company registration number 8425982-1 and is licensed and regulated by the Financial Services Authority (FSA) of Seychelles, with license number SD070.
For more information on CMTrading, please visit their website https://www.cmtrading.com/, or contact them on +2710-496-0658 or their international number +44 161 388 3321, or via email info@cmtrading.com. You can also follow them on Twitter @CMTrading_FX and Facebook @CapitalMarketsTrading.
CMTrading has been recognised for its outstanding contributions to the world of trade and brokerage. Awards received to date include:
Global Business Review Magazine:
Best Performing Financial Broker Africa 2023
Best IB Program GCC
Best Broker Nigeria 2023
Fastest Growing Broker Nigeria 2023
Best Financial Broker Nigeria 2023
Best Growing Broker Kenya 2023
Best Growing Broker Nigeria 2023
World Business Stars Magazine:
Best Broker in Nigeria 2023
Most Innovative Forex Broker in GCC & Africa 2023
Finance Derivative Awards:
Best Performing Broker South Africa 2023
Best Financial Broker Company Africa 2021
International Business Magazine:
Best Financial Broker Africa 2020
Best Performing Broker Africa 2021
Best Broker Africa 2019
Global Brands Magazine:
Best Forex broker Africa 2018
Best Performing Broker Africa 2017