Brokeree Announces Bonus Extension for MetaTrader PAMM
Brokeree Solutions has announced the release of a Bonus Extension for MetaTrader PAMM for new PAMM deposits made by investors.
Brokeree Solutions has announced the release of a Bonus Extension for MetaTrader PAMM, which enables forex brokers to create flexible reward schemes and assign credits for new PAMM deposits made by investors. MT4/MT5 PAMM accounts give money managers full control over trading.
The firm launched PAMM solutions in June 2018 to provide user-friendly portals for investors and brokerages, an administrator web interface for comfortable configuration and no trading limitations for money managers. It avoids server overload and execution latency with increased trading volumes and works with aggregated funds.
A unique money management solution, Brokeree PAMM was developed to give MetaTrader brokers the opportunity to set up their own scalable money management system, with zero performance impact on a trading platform within hours after the purchase.
According to the fintech firm, such functionality provides traders with an incentive to invest in PAMM accounts as the credit, which they receive as a bonus for a deposit, increases their share in the PAMM account. The solution can be set up to automatically transfer credits to trader’s balance once the specified trading volume is reached.
Anton Sokolov, digital marketing manager of Brokeree Solutions, commented:
“Usually bonus systems are not connected to a specific service, which limits the variety of promotional campaigns. PAMM Bonus extension by Brokeree Solutions brings diversity to the table and allows advertising of a specific brokerage service.”
Brokeree PAMM solutions can be extended with Ratings & Statistics module that provides a Leaderboard for public money managers, making it easier to increase brand transparency and attract new traders.
The firm has recently launched four packages for MT4 and MT5 brokers, where they can select any of the company’s products including MT4/MT5 PAMM, MT4/MT5 Liquidity Bridge, MT4/MT5 Social Trading, and Bonus Manager.
In late 2018, Brokeree expanded its MT5 platform offering by launching an MT5 Trade Copier Solution that enhances the broker’s spreading migration to the MetaQuotes flagship terminal through additional services.
The Estonia-based company has recently partnered with Broctagon NEXUS to gain access to a premium liquidity channel for Brokeree’s MT4/MT5 Liquidity Bridge.
Reporting by Rick Steves. Filed 26 April 2019, 10:54 GMT.
Senior Reporter, Regulation and Fintech
Rick Steves has seen business and economics through many lenses. He joined the financial services industry in 2009, and has been a financial journalist since 2011.
