Money Manager
- Customized Solution: One of the main features of Lucror Ltd. MAM program is that it allows Money Managers the ability to personalize all of the trading conditions for their clients – including choosing from various allocation methods and customizing the commission and spread mark-ups, leverage, performance fees, account currency, and margin call/stop out levels.
- Automatic Allocation: Trades are automatically allocated to each of your customer’s accounts and commissions are credited to a live trading account in real-time – these can be withdrawn at any time, much like a regular trading account. In addition, performance fees can be calculated at any time via the MAM Manager which all Money Managers are given access.
- Real-Time Management: The system allows for Real-Time Management with the ability to add or withdraw funds quickly and easily without interrupting existing positions or affecting trading activity. We can work with you in these instances to find the most equitable solutions for all parties, including withdrawal restrictions whilst trades are opened, realizing profit and loss on a per-account basis, and so on.
- Money Manager should deposit at least $5,000 of its own money.
- Money Manager’s own MT4 account will be attached to its master account together with his client’s accounts.
- Money Manager must hold relevant license/authorization as it may be required in the respective jurisdiction the person is operating in.
- Money Manager must get signed LPOA (limited power of attorney) from investors with agreed Term & Conditions By Both the Parties.
- Investors’ account trading terms and conditions should match with that of the master account.
- Investors’ accounts should be the same base currency as the master account.
- Investors can withdraw funds only when there is no open position.
- Investors cannot trade or manage open positions.