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Forex managed accounts – a very broad topic, a subject that has many details. A subject that cannot be covered in one article. This article is not to convince you whether joining a forex money management program is good for you or not, but mainly to give the readers an idea of how it works, the advantages and disadvantages and then you will decide if this is for you or not.

Whether you are a trader that wants to start a Forex managed fund or whether you are an investor that’s looking for a fund management program.

To clarify, ACY does not manage clients’ funds, but we offer all the tech systems, the tools, the liquidity, and the support that you need as a fund manager or as an investor.

The underlying principle of trading, in general, is to preserve trading capital, that is by minimizing the losses and maximizing the profits. Money management is a set of tactics and one of the most important tactics is the ones that a fund manager will set to manage their risk.

Successful traders set these tactics or rules by setting up goals and trading strategies. A good strategy measures not only the average return but also the winning percentage, the maximum drawdown, and the Sharpe ratio to name a few.

The Trading Cup trading contest

To attract the best fund managers in the world, we developed a trading contest called the Trading Cup (www.tradingcup.com).

This trading competition aims to find the best of the best traders and money managers in the world. The contest runs over 12 months with the aim to discover the greatest traders and fund managers in the world.

The top 5 traders, will earn the right to share $1 million in allocated trading funds, with the goal to continue to their high return forex managed account. They will get to share in the returns they make.

To ensure traders and money managers are trading fairly, we set our ranking system that looks at key metrics. Those metrics were weighed and designed by economists, financial experts, and analysts then we put these weighing metrics into an algorithm.

The key metrics of the Trading Cup trading competition are:

1. Average return
2. Winning percentage
3. Sum profit VS sum loss
4. Maximum drawdown
5. Sharpe ration
6. Calmar ratio
7. Standard deviation

In addition, we use the average level of the performance of all contenders as the benchmark to ensure our ranking algorithm is fair and effective.

So, are you a good money manager and want to get global attention? Then join our trading competition, it’s the biggest trading competition in the world, and it’s completely free to join, all you got to do is have a trading account with ACY.

The key metrics that we set to rank our traders and money managers were designed to benefit the traders that are risk-averse with long-term goals.

1. So, if you are a fund manager and you want to access the global stage, get in touch with us today and let us assist you in signing up for the biggest trading competition in the world.
2. If you are an individual trader and you believe you have what it takes to win the prize, then get in touch with us, and let’s sign you up!
3. If you are an investor and you are eyeing the best money managers in the world, then get in touch with our team and let us guide you.

The trading contest is a very powerful tool for fund managers, traders, and investors. In addition to the MAM account and PAMM systems we offer to fund managers, we have a full team dedicated to money management services, we work around the clock to support your operation. In the world of forex money management, we cover all that you need.

Why join our ACY White label Program?

Our White label program is built on mutually beneficial business arrangements allowing you to own your brand on our platform to give you ownership and corporate identity.

ACY has structured a white label program that allows small businesses to grow while using ACY’s cutting-edge systems and vastly experienced staff.

ACY White Label program benefits

• Boost your brand visibility by utilizing ACY’s product know-how and variety, which will improve awareness of your brand.
• Take advantage of our expertise in the field and knowledge of operating as a brokerage for the past 11 years.
• Run a brokerage for a fraction of the cost. White labeling solutions are cost-effective as it saves you from having to buy systems or hire staff, which may cost a lot for a small business that is looking to grow.
• Less pressure. ACY will ensure all products offered are running as required and any updates or replacements required ACY will cater for this without the client having to worry. ACY also ensures all reporting requirements are completed correctly and on time as per the regulator’s requirements while clients do not need to worry about this.

ACY’s White Label offer

Our full-suite White label allows our clients to operate under our umbrella while utilizing all systems we offer to our direct clients. This proves cost-effective for smaller brokerages to allow you to scale your business without having to worry about exorbitant costs related to running a brokerage.

Our offering includes but is not limited to

• Logix Panel – Operational portal, Client portal, Online forms including KYC verifications and compliance reporting.
• Logix CRM – Take advantage of our cutting-edge, industry-specific Customer Relationship Management, which allows you to customize functions according to your business and departmental needs.
• Risk Management – ACY will manage your risk. This will include pricing, bridging, and CME reporting. We also manage monthly P&L allocations.

How to apply

White label setups are bespoke and customized to each client’s needs hence there is a need for you to speak to our Institutional Business Managers who will guide you on how to go about it and also answer any questions you may have.

To begin with

• You will need to complete our White label inquiry form on our ACY Partners web page – www.acypartners.com.
• One of our Institutional Business Managers will then contact you and provide you with a White Label request form to complete.
• Once the above is done, we will then begin discussions to understand your business and how you would like it to be set up.
• After the above is completed and agreed on, we can begin setup, which takes approximately 2 to 6 weeks, depending on complexities.

Conclusion

ACY’s white-label offering is the easiest way to scale your business by leveraging our products (MetaTrader 4, MetaTrader 5) and market expertise. We offer you a business arrangement that will be cost-effective to the point that you are a fully-fledged independent brokerage.

Get int touch today with our Institutional team and they will guide you in this process.

Are you a successful CFD or Forex trader and looking to start a Forex Fund? There are some important factors to consider before you start your fund.

Starting a forex fund to manage your money and the money of others is possible and the tools available make it more accessible than ever before. ACY Securities provides you with a wide range of support options and technologies to kick-start your career. But the trading is on you!

In some countries, starting a foreign exchange fund is harder than in other countries.

In Australia for example, you need to have an Australian Financial Service License (AFSL) issued by ASIC. You also need to appoint lawyers and accountants to get the best structure for your Forex managed fund. Not to mention, there are many more legal measures to consider.

If you already hold an AFSL within Australia, then the process requires considerably fewer steps.

However, if you are based outside of Australia, then the process is more streamlined, although still requires a number of important checks before going live.

No matter which country you are looking to start your Forex trading business, the number one criterion is to have a strategy that is appealing to others. You don’t need to have a high return forex managed account instead, you should be generating steady returns while minimizing drawdowns.

With your forex trading strategies in place, ACY Securities takes care of the brokerage account, and fund accounting and we even help with fund marketing.

Getting access to the Multi-Account Management System

No matter if you are based in Europe, the Middle East, or South East Asia, our process starts with access to our Multi-Account Management system (MAM).

Successful traders based in Europe, the Middle East, Southeast Asia, South America, and many other regions are allowed to have access to our MAM systems without the requirement of having a financial services or money management license.

There are limitations to the scalability you can achieve without having a proper license, as clients search for safety and credibility.

But if the funds are held with ACY Securities, then you can leverage our banking relationships and infrastructure.

Your funds and your clients’ funds are held in bank accounts segregated from our business accounts, with top tier 1 banks such as the Commonwealth Bank of Australia and with DBS Bank in Hong Kong.

Wide range of asset classes available to trade

When you have access to our MAM system, it means you can trade multi-assets, such as:

• Forex
• Cryptocurrencies
• Commodities
• Indices
• Share CFDs listed on the ASX, NYSE, and all Nasdaq
• Exchange-Traded Funds (ETFs)

If you are after choice, then our range of Forex markets will be well suited to the diversity you require.

Allocation methods under our MAM system

Our MAM system offers more than 10 allocation methods including PAMM, which is considered the most popular allocation method in the world of money management.

In addition to the gains you make from your trading, Fund Managers normally benefit from performance fees and management fees, in addition to spreads rebates.

As a result, you have the opportunity of multiple income streams. You just need to make sure your trading strategy works.

Whether you are manually trading or using an Expert Advisor (EA) robot to trade on your behalf, the entire process takes only a few days to set up.

3 steps to get your Forex Fund setup started

1. Setup an individual or business trading account with ACY Securities.
2. Login to the ACY client portal
3. Open a ticket to request to open up a MAM trading account

Choose from the following parameters for your MAM account:

1. Your account currency
2. Leverage
3. Account type
4. Performance fees percentage
5. Management fees percentage (if any)
6. And lastly, choose the allocation methods that suit your needs

At ACY, we have an entire team dedicated to assisting money managers with their fund startup. We’ve assisted hundreds of traders in becoming fund managers and supported them and their clients along the way.

If you are a successful trader, the first step is finding the ideal broker that will help you start-up and scale.

ACY Securities is an expert in the field of MAMs and supporting fund managers.

Get in touch with our Institutional Business Management team here at ACY Partners and let us assist you with starting up your fund. And if you wanted to scale bigger and wanted to obtain your financial services or money management license, then ACY can also help you with that through ACY Advisory. ACY Advisory is a subsidiary of ACY that assists individuals in setting up businesses and obtaining licenses.

ACY Securities is a one-stop-shop for existing money managers that are looking to scale or newly set up money managers that would like to kick start their business. We offer the advisory, the technology, the support, and the knowledge of our teams to assist you in all your needs.

Would you like to start your own brokerage company? Then you’d be looking for the best Forex White Label Offering in the market.

We often run into FX entrepreneurs wanting to start their own brokerage. A general misconception we see is that many of them think this will be a fairly easy undertaking. Once you get into running a brokerage, you will probably realize there are many more moving parts to deal with that could have been thought of.

During ACY’s 10 years of experience in this field, we have seen amazing stories of success, and brokerages being created that today are major players in the industry. But we’ve also seen many cases of brokerages fading out on their way to success, many times after tremendous effort made by their team to keep it up. And they mainly fail because of the lack of technology recourses and poor risk management.

You will realize, that your technology is the most important part of your business, without the right infrastructure, you will be very limited.

Getting the right partners, a competent team, and the right consultancy during the process will play a vital role in the business’s future success.

The good news is, that ACY and our sister company, ZeroLogix offer the full suite of bespoke technologies and services for companies to kick start their brokerage houses. Starting from MT4 and MT5 FX White Label, to CRM, client portal, and admin portal solutions. We will also assist you in obtaining your brokerage regulation through ACY Advisory.

We offer the full suite of Forex White Label Solutions:

1. Multi-Asset equipped trading instruments under MT4 and MT5 trading platforms
2. Industry-specific CRM
3. Client portal and admin portal solutions including online forms
4. License consultancy services
5. White Label trading consultant
6. Risk management systems
7. Prime of prime liquidity pools and liquidity aggregator systems

When you are starting up with your white label agreement, you want to reduce the costs of operations to maximize your revenue. ACY will enable you to focus on your sales and marketing operations and we will focus on your technology functions.

ACY has spent the last 10 years building and organizing tech solutions, we’ve built Research & Development teams across the APAC region to support all our proprietary solutions, including our network of servers that are set up in different cities across the globe.

We’ve spent the last 10 years connecting a puzzle and now we offer companies the opportunities to leverage what we’ve created.

Get in touch with our Institutional Business Managers at ACY Partners today and let us assist you in starting up your brokerage house.

This blog will explain everything you need to know about MAM vs copy trading and also identify how a PAMM model works, especially in relation to forex trading. We will discuss the terminologies, differences, and some advantages and disadvantages. Our goal is to help you make a better-informed decision that would increase your odds of success. Let’s dive right in.

What is MAM/PAMM?

First things first, let’s clear up the terminology about what is a MAM account. MAM stands for “Multi-Account Manager,” while PAMM is an abbreviation for “Percent Allocation Management Module.” Well, could you please use plain English? Okay, MAM and PAMM are software that allows a fund manager to trade on behalf of investor accounts using their master account. There are three parties involved in the MAM or PAMM as follows:

1. Fund Manager or money manager (master account)
2. Investor (sub-account)
3. Broker (e.g. ACY Securities)

How does MAM/PAMM work?

Typically, traders and fund managers agree about the fund, trading strategy, risk, performance fee, and management fee (if applicable). The fund manager opens a MAM or PAMM account and decides on six criteria as follows:

1. Account currency
2. Account type (for instance, Standard or ProZero)
3. Leverage level
4. Performance fee (on average between 20% and 30% from profit distribution)
5. Management fee (it is a monthly fee that the investor pays the fund manager regardless of profit – uncommon)
6. The allocation method (We will talk about it a bit later)

The fund manager will be the one to control all sub-accounts concerning strategy, volume, as well as money, and risk management. While investor will invest the fund, sign an LPOA (Limited Power of Attorney), and wait for the monthly results. That will bring us to some of the advantages and disadvantages as in the table below:

Advantages of MAM/PAMM	Disadvantages of MAM/PAMM
Excellent for new or busy investors to invest without any interaction with FX trading.	The investor has no power to trade or close trades (because the account would be read-only, but they can detach from the MAM/PAMM system).
Money and risk management are done by the fund manager.	The investor is risking the fund
A proper fund manager has the associated knowledge and experience	Paying performance fee from P/L + monthly management (if applicable)

What is the difference between MAM and PAMM? And why do we group them?

Because they are the same thing, the only differentiation is the allocation methods in use. PAMM system allows the fund manager to proportionally allocate trades to all aggregated sub-accounts according to balance, equity, or margin level.

On the other hand, MAM has various allocation methods which allow investors to choose their risk level on their trading account. In this case, a fund manager can allocate trades to subaccounts based on lots or percent of the equity. For example, an investor with USD$5000 on his account could risk 10% percent of the capital per trade. Another investor with $10,000 chooses only to risk 1% percent per trade.

In addition, the PAMM and MAM systems can hide trades from the investor using P/L methods. These methods are ideal for a fund manager willing to keep their strategy secret to save property rights. In this scenario, the fund manager has access to master orders from the backend while the investor receives the P/L after the position has been closed.

What is copy trading?

Let’s tackle the definition of copy trading first. As the name indicates, it is a kind of social trading that allows traders to follow others by copying their positions. Traders can choose to copy only one or multiple providers. Also, they can trade on their accounts or close positions opened by copy trading. Unlike MAM and PAMM, money and risk management rely only on traders themselves. There are four parties involved in the copy trading system

1. Provider
2. Trader (Copier)
3. Broker (e.g. ACY Securities)
4. Copy-trading platform (e.g. Sirix)

How does copy trading work?

Typically, copy trading software shows specific metrics of signal providers, for instance, profit, maximum drawdown, and trading symbols. Traders can choose the signal providers they wish to copy and allocate a specific amount for each provider. The system will automatically copy the positions into the copier’s account from this point.

However, traders can open or close positions during normal market hours. Furthermore, they follow or unfollow providers at any time. In return, the signal providers will be rewarded with a performance fee or a monthly subscription fee. This is done through the social trading platforms, which continue to evolve, offer more trading instruments, and even better analytics.

That will bring us to some of the advantages and disadvantages of copy trading as in the table below:

Advantages of copy trading	Disadvantages of copy trading
Excellent for new or busy traders with minimum interaction with FX trading	The trader is responsible for money and risk management
The trader can check the track record of signal providers, including in-depth performance matrices	Past performance is not an indicator of future
The possibility to follow or unfollow providers with an easy setup	Paying either performance or monthly fees

Summing up MAM PAMM and social trading

MAM, PAMM, and copy trading are powerful systems enabling investors to follow other successful traders to benefit from their knowledge and expertise. Investors need to think about their objectives, level of control, fees, and risk appetite. In other words, you much do your due diligence before making an investment decision. All these factors are essential, but the most important is that we offer both systems.

If you are a fund manager, a signal provider, or an investor, reach out now to know more and how we can work with you and tailor a solution for your client base.

In today’s post, we are going to discuss the benefits of becoming an introducing broker, and more importantly, how to work with a brokerage firm that can support your business.

The introducing broker business has been around for decades and has been evolving rapidly over the last few years as the financial market continues to expand with new financial instruments.

What is an Introducing Broker?

An Introducing Broker (IB) or Introducing Broker Agent in our industry means a broker who has direct relationships with clients whether retail or Business to Business (B2B). An IB is affiliated with ACY either as an independent or as a business.

An IB does not necessarily provide personal or general advice regarding trading and, most of the time operates as a middleman between ACY and the client. ACY handles the entire business model with everything from A to Z, from compliance, execution, and so on. But an IB receives a commission when they introduce their client base to ACY. That is what we call a REBATE.

Introducing Brokers or IBs outside of Australia does not require holding a license or being regulated by any financial authority. However, in Australia, IBs must be regulated by ASIC and hold an Australian Financial Services License (AFSL).

How do Introducing Brokers benefit from ACY?

The list is endless, but I will highlight the top benefits:

1. ACY has one of the best forex affiliate programs that provide introducing broker agents with attractive introducing broker commissions where it can reach up to 60% of the commissions their clients are paying. It’s one of the highest rates in the industry.
2. As a valued IB partner, you get exclusive access to an IB or affiliate portal within our ACY Cloud. The ACY Cloud portal provides full statistics and details. The commissions you earn from Forex trading and CFD trading are made available instantly, so you can withdraw your rebates daily if you wish to do so. Also, within the affiliate portal, we give you access to free marketing tools and materials.
3. We offer dedicated services; you will get access to a senior Institutional Business Manager/consultant who can assist you 24 hours 5 days a week in your business expansion.
4. Free to join: Whether you are an education company, an institutional trader, or a company that provides value-added services to your clients, we can customize solutions to meet your needs through a fully tailored Introducing Broker Program.

What do my clients get?

The list is endless, but to highlight the top benefits:

1. Direct access to over 1,800 financial assets (Forex Exchange and CFDs) – including the Forex market, Commodity markets, Indices, Cryptocurrencies, ETFs and share CFDs.
2. A diverse way to trade with two different platforms is available, including the MT4 and the MT5 trading platforms. You can choose leverage up to 500 to 1 and your clients can also open a demo account.
3. Exceptional customer service, available 24/5 on calls, live chats, emails, and support tickets. Our team will also help you with business advice, using our extensive experience with our existing clients.
4. They are trading with a PRIME broker in the FX markets, a global organization with head offices in Sydney, Australia, that’s been operating for over 11 years. We put an absolute premium on trade execution and depth of liquidity, so your clients get to leverage our extensive relationships with our Prime Brokers.

How to become an Introducing Broker?

The steps are simple:

1. Open an ACY individual or Business account.
2. Once your account is set up, you can log in to the client portal via ACY Cloud and submit your 2 minutes long affiliate application form.
3. Once approved, you have full access to the affiliate portal, and you will have access to your unique affiliate URL link.

Get in touch with your team and let us assist you in becoming an IB to create a new source of income for yourself.

As an online broker, we cater to the full range of partnership opportunities including white-label, money managers, fund managers, and regional managers.

ETFs and managed funds are both great investment mechanisms but there are a few distinct differences that set them apart.

That said, both options have numerous benefits, and one shouldn’t rule out the other without understanding both and taking into consideration your own risk appetite, level of investment experience, and financial objectives. Each one is suited to different needs and requirements.

The key difference between an ETF, which stands for “Exchange-traded funds” and a managed fund is suggested in the name itself. ETFs are listed on a stock exchange whereas managed funds are not listed on an exchange.

Managed funds, which can be accessed directly through a fund manager, maybe an enticing vehicle of investment for those who wish to incrementally add savings to their investment because regular contributions are allowed under managed funds. ETFs, on the other hand, are purchased and sold like stocks – so investors must open an account through a stock market broker.

With an exchange-traded fund, information about its underlying holdings is very transparent and readily available, whereas fund managers are not required to disclose the portfolio’s holdings. So, if transparency is something that is important to you, ETFs disclose all holdings. Having said that, it’s worth noting that most fund managers readily disclose their top 10 holdings, which usually account for the lion’s share of the fund anyway.

Another difference to note is that investments made through ETTs can be sold faster than investments in managed funds because ETF investors can sell anytime the exchange is open and trading. Managed funds usually take 1 business day.

Finally, when comparing costs, it’s important to compare the attributes of the funds and their net fees returns, not just the fees in isolation.

How can the ACY Fund Manager Program help you?

Named Australia’s number 1 partner program in 2020, the ACY Fund Managers program is a bespoke partner solution tailored to suit your trading requirements and help you grow your business.

With free access to our MAM/PAMM accounts and free use of Limited Power of Attorney (LPOA), you can manage an unlimited number of sub-accounts and execute your trading strategies at competitive prices – all with the speed, efficiency, and reliability you need.

If you’re ready to take your fund to the next level, reach out to us at [email protected] to start a conversation and discover what’s possible with ACY behind you every step of the way.

FIX API, of Financial Information Exchange API, is a set of defined rules and methods designed for the electronic transfer of financial data. It is an electronic communications protocol for real-time financial transactions and information. In other words, financial data, transactions, and information are transferred from one place to another via a FIX protocol system.

What is FIX API used for?

It is mostly used in trading platforms, as trades pass through from one system to another via a FIX API and the FIX systems. Most of the communications between liquidity providers such as banks, brokers, and other financial firms are transmitted via FIX protocol.

• 1. Pre-trade
• 2. Trade
• 3. Post-trade

The FIX protocol was originally created in 1992 by Robert Lamoureux and Chris Morstatt and that is to enable communications of trading.

FIX started sharing information electronically, at a time when these communications were discussed over the phone or even fax. It literally revolutionized our industry.

This technology eliminated many errors that were happening on daily basis, such as communicating trading data with the wrong client, or the wrong institution and FIX came in to replace all these communications to be replaced with systems and machines.

FIX has become the standard in how financial institutions such as banks and brokerage houses communicate their trading data. It is not only efficient in a way that the data is accurate, but it is also incredibly fast.

FIX API provides:

• 1. Low latency ;
• 2. Connecting to multiple brokers;
• 3. Flexibility; and
• 4. Privacy

FIX API has many advantages, but it also has some challenges:

• There are many versions, and you must stay up to date when upgrading is required.
• It is not as easy as it sounds, there are complexities in such systems. These systems are incredibly accurate, and with accuracy comes many complexities
• It is cheaper to trade on a FIX API environment, but it is not cheaper to set up.

• The minimum account size for a FIX trading account is 100k
• There are monthly minimum commission if certain volumes are not met.

How can ACY Partners help you?

At ACY Partners, one of our core offerings is getting active traders and brokers onto our FIX trading systems.

We can provide you with a bespoke aggregation to suit your trading needs, so you can be confident about the price feeds you are receiving.

If you are a broker, we can help provide liquidity using the same FIX API via our trading platforms.

If you are looking to set up a new FIX API connection or would like to know how we can help you, then let’s open tee conversation and find out more about your business and goals.

Expertise, contacts, and structure. These are the three main traits a professional white label trading consultant will bring to the table when helping you structure the best business model for your forex trading business.

Embarking in a white label forex business is a serious undertaking and requires the ability to discuss your options with experts in the field.

1. The ability to understand your goals and objectives.
2. Past experience in setting up similar business models.
3. Understanding the trading techniques that will help your business.
4. A suite of solutions tailored to your business.
5. An entrepreneurial mindset and to treat your business growth as their own.

MT4 & MT5 white label solutions

The first year in business is critical and aligning with a team of highly experienced industry professionals will no doubt help you achieve and potentially exceed your goals.

When it comes to white label solutions for the MetaTrader 4 and MetaTrader 5 trading platforms, our team has the depth of knowledge and track record to assist you.

The two main strengths of the ACY Partners teams are our multi-lingual support and the depth of business experience.

Our Forex brokerage partners team is dedicated to helping you succeed and have the regulatory knowledge, access to tier one liquidity providers, and access to the best technology partners.

Access to global payment gateway solutions

Being able to accept payments from clients around the globe is critical to anyone looking to start your forex business.

Forex brokers rely heavily on being able to offer the leading payment solutions.

No matter if you are currently a wealth manager, family office, prop trader, hedge fund, or a crypto exchange looking to introduce FX, being able to turn on a turnkey solution for payments is critical.

Further to this, a custom client portal for your brokerage business and the ability to run regulatory reports with ease is essential.

How can ACY Partners help you?

At ACY Partners, our team can guide you every step of the way. And it all starts with an exploratory session where we get to know the nature of your current business and what the future looks like to you.

Once we’ve identified the jurisdiction, online trading solutions and you’re the back-end services you require, we can go about crafting the ideal solution for you and your team.

No matter if you are based in South Africa, Vietnam, Australia, Malaysia, Indonesia, London, Germany, France, or Thailand, our team can help set you up.

Get in touch with our white label trading consultants today and let’s discuss your needs.