Investment & Social Trading Solutions

PAMM, MAM & Copy Trading Software for Brokers

Copy trading software lets a broker run a branded strategy marketplace in which followers replicate approved providers' trades under rules the broker sets. FxTrusts scopes it alongside PAMM, MAM and trade copier software, so each model's allocation, fees, controls and reporting can be planned before launch.

By FxTrusts Research Team. Last updated: 7 November 2026.

FxTrusts investment infrastructure helps brokers offer PAMM, MAM, social copy trading, and trade copier workflows under their own brand. It is built for money manager programs, signal marketplaces, investor portals, allocation rules, and reporting, with pricing based on platforms, allocation logic, hosting, and support.

Accepting pooled investor funds through a PAMM or MAM structure may itself require specific licensing or investor-mandate documentation depending on your jurisdiction — this is separate from your core brokerage licence.

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PAMM, MAM, copy trading, and trade copier dashboard preview

PlatformsConnector Scope

APIsPermission Scope

HostingRegion per Deployment

BrandingSurfaces Scoped

MonitoringCoverage in Proposal

Key takeaways

Copy trading software needs provider approval, metric definitions and a written fee scope before followers can join.
A trade copier is the replication engine. It mirrors orders between accounts and does not replace managed-account billing or a legal structure.
PAMM and MAM pool or allocate a manager's activity, while copy trading lets followers choose providers. Confirm the licensing model for each before launch.
Symbol mapping, filters, sizing and alerts need a demo test on each connector route before live activation.
Past performance does not establish future results. Confirm disclosures and suitability rules for your markets.

Four Solutions. One Infrastructure.

Choose the investment model that fits your broker

Whether clients pool capital with a fund manager, follow a strategy provider, or need pure technical trade replication, FxTrusts provides the engine behind the full investment lifecycle.

PAMM Software

Percentage Allocation Management Module (PAMM)

The pooled managed-account model for MT4, MT5, and cTrader.

A PAMM configuration uses a master account and allocation rules to calculate investor shares. The operator must confirm the legal structure, platform behavior, price and fill treatment, fees, rounding, deposits, withdrawals and reconciliation before offering the model.

Unified Pool Execution

Define how the platform allocates master-account activity, partial fills, price differences, rounding and rejected updates across investor records.

Automated Performance Fees

Configure and test high-water mark, performance, management, volume and early-exit fee rules against worked examples and corrections.

Scalable Investor Management

Define subscription and redemption windows, open-position treatment and reconciliation before adding or removing an investor.

Pool-Level Risk Controls

Master hard stops, equity drawdown protection, and margin controls help protect the full investor pool.

Open Window Management

Configure deposit and withdrawal windows so capital movements do not disturb open trades or margin requirements.

Investor Transparency Portal

White-labeled investor dashboard with equity, P&L, growth charts, Sharpe ratio, max drawdown, and win rate statistics.

Manager Leaderboards

Showcase top-performing PAMM managers with branded public leaderboard widgets on your website.

Mobile Investor Access

Responsive branded dashboards let investors monitor funds securely from any device.

Fee & Billing Structures Supported

Performance Fee

Configure the high-water mark definition, crystallization period, deposits, withdrawals, losses, resets, currency and rounding before calculating a fee.

Management Fee

Define the AUM basis, accrual period, deduction event, currency, tax and rounding for each management-fee schedule.

Volume Commission

Per-lot trading commission that accrues with every master account trade.

Penalty Fee

Optional fee for investors exiting before a designated holding period.

Calculation Testing & Edge-Case Handling

Fee and allocation logic is planned for testing against rounding, partial fills, and edge-case scenarios before go-live. The test scope is agreed per deployment:

Rounding Precision

Rounding: The test plan covers fractional lot and share-percentage rounding at a documented decimal precision, so systematic rounding drift can be caught before go-live

Partial Fill Recalculation

Partial fills: The test plan checks that a partial master fill is allocated to each investor in proportion, not against the intended full size

Fee Ledger Verification

Fee calculation: The acceptance plan will compare High-Water Mark, management fee, and volume-commission results with sample ledgers before a manager account goes live

Infrastructure & Hosting

Slough, UKEquinix LD4Confirm per deployment

New York, USAEquinix NY4Confirm per deployment

SingaporeEquinix SG1Confirm per deployment

Dubai, UAERegional financial hubConfirm per deployment

Platform Compatibility

MT4 connector - confirmMT5 connector - confirmcTrader connector - confirmAPI and webhook scope - confirm

PAMM SDK and hosted infrastructure

Where the selected connector exposes the required fields, an API or SDK can feed pool, return, drawdown, ranking and fee records into approved surfaces. The proposal must identify hosting, DDoS, encryption, backup, monitoring and recovery responsibilities.

Investor capital risk

Investor capital in a pooled account can lose value. Drawdown caps and stop rules reduce that exposure but do not remove it.

Standard Deployment Timeline

Requirement Mapping

Define fees, allocation logic, minimum investment thresholds and open-window schedules.

Connector Configuration

Confirm platform rights and permissions, then configure the approved connector in a test environment.

UI/UX Configuration

Apply approved branding to the scoped manager, investor and reporting surfaces.

UAT & Verification

Test fees, allocation, partial fills, corrections, withdrawals and displayed data against source records.

Controlled Go-Live

Release after written acceptance, operator training, rollback readiness and monitoring handover.

Get Started with PAMM Talk to an Expert

MAM Software

Multi-Account Manager (MAM)

Granular block-trade execution across individual investor accounts.

A Multi-Account Manager links a master decision with allocation rules for individual sub-accounts. The operator must test order sequencing, partial fills, rejections, rounding, account eligibility and recovery before relying on a block-trade workflow.

Flexible Allocation Methods

Lot, percentage, balance, equity, and equity-percent allocation can be configured per investor or per trade.

Individual Account Transparency

Investors can view individual trade tickets, history, equity curves, and account-specific results.

Bulk Order Execution

Test how the selected connector allocates a master order across eligible sub-accounts, including partial fills, rejections and delayed responses.

Expert Advisor Support

EA-driven master activity can be evaluated where platform permissions, identifiers, allocation rules and failure handling support the required workflow.

Individual Risk Caps

Set global or per-account drawdown caps so specific investors can carry custom risk profiles.

AUM Dashboard

Monitor assets under management, account equity curves, margin health, and full trade history.

Partial Close Synchronization

Verify pending orders, partial closes, modifications and strategy changes for each supported connector and failure state.

Automated Revenue Streams

Configure supported performance, management and volume-fee records with approval and reconciliation steps.

Supported Allocation Methods

On small screens, scroll the table sideways to read every column.

Method	Description	Best For
Lot Allocation	Pre-defined lot sizes assigned to each sub-account.	High-touch portfolio management with custom client tiers.
Proportional by Balance	Volume distributed by ratio of investor balance to total pool.	Fair distribution scaled to capital contribution.
Proportional by Equity	Distribution based on real-time equity ratios.	Dynamic allocation as P&L fluctuates.
Percentage of Master Volume	Sub-account receives a set percentage of master trade size.	Consistent risk ratio across investors.
Equity Percent	Each account trades a specific percentage of its own equity.	Self-adjusting risk relative to investor capital.

Optional Add-Ons

Custom Allocation Logic

Bespoke allocation methods for unique fund structures or client agreements.

White-Label Investor Mobile App

iOS and Android app for investors to view their sub-account, equity curve, and trade history.

Multi-Server Support

Cross-platform allocation for brokerages operating multiple servers or brand entities.

Anti-Fraud Protection

Strategy-theft detection and anti-fraud modules to protect managers from unauthorized duplication.

Infrastructure & Hosting

Slough, UKEquinix LD4Confirm per deployment

New York, USAEquinix NY4Confirm per deployment

SingaporeEquinix SG1Confirm per deployment

Tokyo, JapanEquinix TY3Confirm per deployment

Platform Compatibility

MT4 connector - confirmMT5 connector - confirmcTrader API - confirmFIX or web API scope - confirm

Measured allocation behavior

Measure allocation timing and consistency under representative and stressed conditions for the selected connector. The proposal should define hosting, redundancy, DDoS, encryption, backup, monitoring and recovery responsibilities.

Investor capital risk

Investor capital in an allocated sub-account can lose value. Individual risk caps and stop rules reduce that exposure but do not remove it.

Related guides and product pages

MAM trading

The MAM guide compares allocation with PAMM and lists the roles and checks to plan before launch.

Get Started with MAM Talk to an Expert

Social Trading Platform

Copy Trading Software and Social Trading Platform

Build a branded strategy marketplace that keeps retail traders engaged.

Copy trading software replicates eligible trades from approved strategy providers into follower accounts, under sizing, risk and fee rules the broker sets. A scoped deployment connects strategy profiles, performance records, follower controls, replication and fee workflows. Past performance does not establish future results, and operators must confirm disclosures, suitability or appropriateness, permissions and review obligations for their markets.

Automated Trade Duplication

Replicate eligible order events under documented sizing and mapping rules, then measure timing, price differences, rejections and recovery by route.

Strategy Marketplace

Branded portal for provider profiles, equity curves, Sharpe ratios, drawdown stats, and trading style tags.

Social Interaction Tools

Comments, likes, strategy descriptions, and provider updates help build a real trading community.

Flexible Copy Modes

Proportional, fixed lot, multiplier, partial close sync, and reverse trading modes are supported.

Follower Risk Controls

Followers can set equity stop-loss, maximum drawdown limits, slippage filters, and symbol restrictions.

Automated Billing Engine

Performance fees, subscriptions, and per-trade commissions are calculated and distributed automatically.

Performance Metric Library

Define formulas, periods, data coverage and presentation for Sharpe ratio, recovery factor, drawdown, win rate, duration and profit factor.

Webhook & Alert Integration

Trigger Discord, email, or webhook alerts when a master opens a position.

How a copy trading cycle runs

On small screens, scroll the table sideways to read every column.

Step	What happens	Broker control
1. Provider review	A provider profile and trading history are submitted for approval.	Approve or decline each provider before it is listed.
2. Profile publication	Strategy style, performance metrics and fee terms appear to followers.	Publish approved content and documented metric formulas only.
3. Follower setup	The follower picks a provider, a copy mode and risk limits.	Set the copy modes, symbols and drawdown limits followers may choose.
4. Master order detected	An eligible order event on the provider account is captured.	Filter events by the eligibility rules the broker defines.
5. Copy executed	The follower order is placed under the sizing and mapping rules.	Test timing, price difference and rejections by route.
6. Fees and statements	Performance fees, subscriptions and per-trade commissions are calculated.	Own the fee schedule and the reconciliation sign-off.

What a Strategy Marketplace Changes for a Broker

Retention Measurement

Compare follower retention and activity with a defined baseline rather than assuming a strategy marketplace improves lifetime value.

Clearer Workflow

Explain provider selection, risk controls, fees, stopping rules and performance limits before a client follows a strategy.

Fee-Earning Providers

Approved providers can earn fees under the schedule you set.

Shareable Profiles

Use approved profile content and measure referrals while preserving performance disclosures and record accuracy.

Broker Controls Before Launch

Provider Approval

Review each provider profile and strategy before it appears in the marketplace or on approved website widgets.

Fee Ownership

Decide the fee schedule and the reconciliation owner before the first follower is billed.

Follower Limits

Define the range of drawdown limits, copy modes and symbols that followers can choose from.

Records and Disclosures

Keep metric definitions, provider disclosures and fee statements on record for review.

White Label Branding Capabilities

Strategy Marketplace

Scoped branded leaderboard and approved website widgets.

Provider Profiles

Bio, style, performance stats, follower count, and branded storefronts.

Mobile App

White-label iOS and Android app for browsing strategies and funding accounts.

Email Notifications

Branded alerts for followers, weekly performance reports, and fee deductions.

Admin Dashboard

Approve providers, feature strategies, manage fees, and export AUM data by API.

Third-Party Surfaces

Branding covers approved investor, manager, leaderboard, report, notification and optional app surfaces. Third-party terminals, provider screens and store listings may have separate branding rules, which must be documented.

Copy trading is not PAMM or MAM

PAMM and MAM place a manager's activity or allocation across investor accounts inside a managed-account structure. Copy trading lets followers choose from a marketplace of providers, so the broker needs provider approval, public disclosure and follower-risk rules. Each model can need its own licensing or investor-mandate review.

Investor capital risk

Followers can lose money on copied trades. A provider's past results do not guarantee future results.

Related guides and product pages

Copy trading and PAMM answers

Short definitions of copy trading, PAMM and MAM, with the controls each one needs.

FxTrusts platform

How the FxTrusts platform scope and trading servers are defined.

Forex white label

How the broker brand, client surfaces and launch scope fit together.

Get Started with Copy Trading Talk to an Expert

Cloud Trade Copier

Trade Copier Software for Brokers: Cloud-Hosted, Route-Based Replication

Plan master-to-sub-account replication across confirmed platform connectors with route-specific acceptance tests.

A trade copier is a replication engine that mirrors orders from a master account to follower accounts under rules for symbols, lot sizing, filters and alerts. FxTrusts can scope a hosted trade copier for brokers, money managers and signal providers. The proposal confirms the platform connectors, account capacity, hosting, monitoring, symbol mapping, sizing, inverse-copy rules, alerts and route-specific acceptance tests.

Rule-BasedReplication Controls

Route-BasedLatency Profile

Per deploymentAccount Capacity

Per routePlatform Connectors

Cloud-Hosted Engine

Hosting can be provided under the agreed infrastructure, monitoring, maintenance and recovery scope. A hosted copier may avoid a continuously running client computer, depending on the selected connector and architecture. Confirm the hosting owner, monitoring hours and any required terminal or agent in the signed scope.

Automated Symbol Mapping

Map GOLD to XAUUSD or any non-standard naming convention across brokers.

Lot Multipliers

Scale copied trades at 0.5x, 1.0x, 2.0x, or equity-proportional sizing.

Inverse Copying

Automatically invert trades for contrarian or hedge-style replication models.

Trade Filtering

Copy by symbol, magic number, or comment while excluding selected instruments or EAs.

Global Equity Protection

Hard equity stops, maximum drawdown limits, and news filters help protect linked accounts.

Real-Time Alerts

Email and webhook notifications for trade execution, copy failures, or account status changes.

Forensic Analytics

Monitor slippage, latency, trade accuracy, and live copy status from a dedicated dashboard.

How a master-to-follower copy path works

On small screens, scroll the table sideways to read every column.

Stage	What the copier does	Acceptance check
Master order	The master account opens, modifies or closes a position.	Confirm the connector reports the event that the rule needs.
Filter	Symbol, magic number or comment filters decide whether the event is eligible.	Test excluded instruments and EA identifiers on demo.
Map	Symbol mapping converts a name such as GOLD to the follower symbol, such as XAUUSD.	Check each mapped symbol against the follower contract specification.
Size	A lot multiplier, fixed lot or equity-proportional size is applied.	Check rounding and minimum lot handling on each route.
Execute	The follower order is sent, with inverse rules applied where configured.	Measure slippage, latency and rejections by route.
Report	Alerts, copy status and forensic data are recorded for the broker team.	Confirm alert routing and the log retention period.

Master-to-follower copy diagram: master orders pass through a copy engine that filters, maps and sizes them before follower accounts. — Master-to-follower copy path. The filters, symbol mapping and sizing shown are set per route and should be tested on demo before live use.

Broker vs Trader Use Cases

Broker-Run Replication

The broker team sets symbol mapping, lot sizing, filters and alert routing for accounts the broker offers to its own clients.

Signal Provider Feed

One provider master account feeds a set of follower accounts. Marketplace, profiles and billing are added only when the business model needs them.

Money Manager Programs

A managed-account program needs the MAM or PAMM route for allocation, fee billing, investor reporting and the legal structure. A copier alone does not cover those.

Trader Copying Own Accounts

A trader copies one master account to a second account. Confirm the connector, hosting and account permissions on demo before relying on it.

MT4 and MT5 Setup

MT5 Netting or Hedging

MT5 accounts can run in netting or hedging mode. Confirm the mode on master and follower accounts, because it changes how positions and partial closes are copied.

MT4 and MT5 Position Handling

MT4 and MT5 accounts can differ in how they handle positions. Confirm the position handling on each terminal, then test how partial closes, modifications and several positions on one symbol map to each follower on demo.

Mixed MT4 and MT5 Routes

Copying between MT4 and MT5 is a separate route. Map symbols, lot steps and order types between the two terminals and test each pair before live use.

Terminal and Server Access

The copier needs broker server, login and permission access for each account. Whether a client-side terminal is needed is confirmed per deployment.

Platform Compatibility

MT4 - confirm connectorMT5 - confirm connectorcTrader - confirm connectorDXTrade - confirm connectorTradeLocker - confirm connectorMatch-Trader - confirm connectorVertexFX - confirm connectorNinjaTrader - confirm connectorFIX API - confirm connector

Cross-platform by design

Copied trades can lose money on follower accounts. Filters and equity stops reduce that exposure but do not remove it. Cross-platform routes require a confirmed connector pair, symbol and order mapping, supported account permissions and acceptance tests. Hosting and IP options are confirmed per deployment.

Setup in 4 Steps

Connect Accounts

Link master and sub-accounts through the secure dashboard.

Configure Rules

Set lot multipliers, symbol mappings, risk limits, news filters, and per-account rules.

Test on Demo

Validate replication speed and accuracy before live activation.

Go Live

Activate live replication and monitor performance in real time.

Related guides and product pages

FIX trading API

How API connectivity is scoped when a copier needs a route other than a desktop terminal.

Hosted platform access

What a hosted deployment covers, including the hosting and monitoring scope.

Published pricing

The FxTrusts plans on the pricing page. Copier scope is confirmed per deployment.

Get Started with Trade Copier Talk to an Expert

Decision Guide

PAMM vs MAM vs Copy Trading vs Trade Copier

Each solution serves a different operational model. Use this guide to select the right structure for your broker or fund management business.

On small screens, scroll the table sideways to read every column.

Attribute	PAMM	MAM	Copy Trading	Trade Copier
Fund Structure	Pooled master account	Individual sub-accounts	Individual follower accounts	Any structure
Investor Visibility	Pool-level only	Individual account level	Public profiles and social stats	Configurable
Allocation Method	Equity percent	Lot, balance, equity, equity percent	Proportional, fixed, multiplier	Multiplier, proportional
EA / Bot Support	Confirm	Confirm	Confirm	Confirm
High-Water Mark Fees	Configurable	Configurable	Scope-dependent	Not a core function
Public Leaderboard	Optional scope	Optional scope	Configurable	Not a core function
Retail Marketplace	Not a core function	Not a core function	Configurable	Not a core function
Client-Side VPS	Confirm architecture	Confirm architecture	Confirm architecture	Confirm hosting scope
Cross-Platform Copying	Verify connector	Verify connector	Verify connector	Verify each route
Ideal For	Fund managers and HNW pools	Institutional managers and IB networks	Retail brokers and community building	Signal services and replication

Not sure which solution fits your model?

Our institutional specialists can map your requirements to the right technology, including hybrid combinations such as PAMM plus Copy Trading or MAM plus Trade Copier.

Schedule a Free Consultation

Frequently Asked Questions

Investment & Social Trading expert answers

Questions to resolve before deploying managed-account, social-trading or trade-replication infrastructure.

Should a broker start with copy trading software or a trade copier?

Start with the client model. A retail provider marketplace needs copy trading software with provider profiles, follower controls and fee billing. A broker that only needs account-to-account replication can start with the trade copier. Either route needs connector tests, symbol mapping and a written fee and disclosure scope before live use.

Does a trade copier need a provider marketplace?

No. A trade copier can run without a public marketplace, profiles or billing, for example between a signal provider master account and a set of follower accounts. Marketplace features are added only when the business model needs them.

What is the difference between PAMM and MAM?

A PAMM generally applies percentage allocation to a master-account structure, while a MAM applies configured allocation rules to individual sub-accounts. Actual price, fill, partial-fill, fee and rounding treatment depends on the platform and connector and must be tested.

How does copy trading differ from PAMM or MAM?

Copy trading is a retail-facing ecosystem with a public marketplace where followers choose strategy providers. PAMM and MAM are institutional managed-account structures usually operated by a professional manager for a closed investor group.

How many investors can one PAMM or MAM master support?

Capacity depends on the selected platform, connector, account mix, event load and infrastructure. Agree a supported limit and load-test representative and peak scenarios before production use.

Which platform connectors does this page scope?

PAMM and MAM list MT4, MT5 and cTrader connector routes. The trade copier section also names DXTrade, TradeLocker, Match-Trader, VertexFX, NinjaTrader and FIX API routes. These are named for confirmation, not itemised as supported, and FIX API connectivity is described on the FIX trading API page only. Connector availability is confirmed per deployment, including version, permissions, message coverage, commercial entitlement and tested workflows.

What is a trade copier and how does it differ from MAM?

A trade copier is a pure technical replication engine. It mirrors trades from one account to many accounts, including MT4 to MT5 copier and cross-platform workflows, but does not include the full managed-account billing, reporting, investor portal, or legal structure that a MAM provides.

Does the PAMM module support High-Water Mark fees?

Yes. The PAMM module includes High-Water Mark logic, so performance fees are charged only when investor equity exceeds its previous peak.

Can MAM support Expert Advisors and automated strategies?

Yes. Any EA running on the MAM master account can be replicated across linked sub-accounts according to configured allocation rules.

What platforms do FxTrusts investment solutions integrate with?

Potential platform routes include MT4, MT5, cTrader, DXTrade, TradeLocker, Match-Trader, VertexFX and NinjaTrader. Confirm the exact connector, version, permissions, message coverage, commercial entitlement and tested workflows in the proposal.

Can the trade copier send email trade alerts?

Yes. The Trade Copier can trigger email and webhook alerts for copied trades, failed copies, account status changes, and risk events. This helps signal providers and broker teams monitor replication without watching the dashboard constantly.

Is this suitable as a social trading platform?

Yes. The copy trading module is designed as a broker-owned social trading platform with strategy profiles, performance metrics, follower risk controls, fee billing, and a branded marketplace that keeps clients inside the broker ecosystem.

How long does deployment take?

Deployment timing depends on platform rights, connector availability, legal review, allocation and fee rules, branding, data, acceptance testing and operator readiness. Request a milestone plan with dependencies, owners and release criteria.

Are all solutions white-label ready?

Branding can cover approved investor, manager, leaderboard, report, notification and optional app surfaces. Third-party terminals, provider screens and store listings may have separate branding rules, which must be documented.

Does the trade copier work when my computer is turned off?

A hosted copier may avoid a continuously running client computer, depending on the selected connector and architecture. Confirm hosting owner, monitoring hours, maintenance, recovery and any required terminal or agent in the signed scope.

Built for Broker Investment Infrastructure

Plan and verify your investment infrastructure

Define the required PAMM, MAM, copy-trading or trade-copier workflows, confirm connectors and branding surfaces, then release after acceptance testing and operational handover.

Book a Demo Talk to Sales

Planning your implementation

What does PAMM, MAM & Copy Trading cover?: Compare managed-account allocation, multi-account execution and copy-trading workflows for your brokerage.
Who is it for?: Brokers evaluating money-manager and strategy-following services.

Choose the right managed-account allocation model

PAMM, MAM and copy trading organize the relationship between a strategy and participating accounts differently. Start by defining who controls trading, where account balances are held and how allocation and fees are calculated. Compare the operational model as well as the interface, and confirm the permissions and disclosures required for your proposed service.

Document allocation, rounding, minimum trade sizes and how deposits or withdrawals affect participating accounts.
Test disconnections, partial fills and follower risk limits; agree how differences between strategy and follower execution are reported.
Specify fee calculation, reporting periods, manager access and the records clients and operations staff can review.

PAMM, MAM and copy trading: compare allocation outcomes

Choose the operating model before choosing the allocation tool. A proportional allocation, a manager-issued order and a copied signal can produce different positions and records.

These are proposed acceptance tests to agree with your supplier, not results from a completed FxTrusts certification.

Demo scenarios and the evidence to request
Workflow	What to test	Evidence to keep
Allocation and rounding	Allocate a small test trade across accounts with unequal balances and different minimum order sizes.	The allocation rule, rounding treatment and any unallocated remainder.
Account exception	Make one test follower ineligible or insufficiently funded while other accounts remain eligible.	Which accounts receive an order, how failures are reported and whether retry changes exposure.
Fees and withdrawals	Calculate a sample fee and process a permitted allocation change during a withdrawal.	The agreed fee basis, effective time, permissions and account statements needed to reproduce the result.

What to include in your quote request

Specify the allocation or copying model, platform, accounts, instruments and fee rules. Confirm who is permitted to trade or manage money; software access does not itself grant investment-management permissions.

Build a first-year cost worksheet (opens in a new tab) and check integration status (opens in a new tab) before finalizing the scope.

Guides and implementation resources

Related products and services

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