Neither MetaTrader nor cTrader ships MAM or PAMM out of the box. A broker running either platform buys the feature separately, most often from Brokeree Solutions, which sells MAM and PAMM plugin modules for MetaTrader 4 and 5 through the MetaQuotes App Store, and a separate PAMM module for cTrader. eTrader takes the opposite approach: MAM and PAMM are built into eTrader Broker itself, on the same accounts and in the same terminals traders already use, with no bridge to license or maintain.
That native-versus-plugin line is the real question behind "MAM and PAMM software for brokers", more than any feature checklist. A plugin adds a vendor, a licence and an integration to support. A native feature is one less thing to break when the platform updates.
Native or plugin, at a glance
| Platform | MAM / PAMM native or plugin | Vendor of the module | Fee model if documented |
|---|---|---|---|
| eTrader | Native | SGHK (built into eTrader Broker) | Performance fee on profit above a high water mark, a yearly management fee for days elapsed, plus subscription and redemption fees |
| MetaTrader 4 / 5 | Plugin | Brokeree Solutions, via the MetaQuotes App Store | Set by the money manager inside the module; Brokeree does not publish the module's own licence cost |
| cTrader | Plugin | Brokeree Solutions, a separate PAMM module for cTrader | Brokeree's own article describes up to five manager-side fee types: performance, management, entry, deposit and withdrawal |
| DXtrade | Not confirmed by Devexperts' own materials | Ask Devexperts or your DXtrade provider directly | Not published |
| Match-Trader | In-house, per Match-Trade Technologies' own documentation | Match-Trade Technologies | Not published in the vendor's release notes |
Why the plugin question is worth asking before you sign
A plugin is not automatically the wrong choice; Brokeree has sold MAM and PAMM modules to MetaTrader and cTrader brokers for years, and both integrations are well established. What changes with a plugin is who you call when something breaks. A MetaTrader update, a broker-side server migration or a change in Brokeree's own roadmap can all touch a module that sits between two vendors' code. A native feature answers to one vendor, the platform itself, for as long as the platform exists.
1. eTrader MAM / PAMM
eTrader MAM / PAMM is native to eTrader Broker, switched on from eTrader Business. A MAM manager places one order that is split across investor accounts by equity, balance, a multiplier or a percent, filled once at one price, with stop loss and take profit sitting on the whole trade so every investor closes together. A PAMM manager trades one pool account, and investors hold units of it: invest and redeem requests wait for the dealing day and all run at the same price per unit. Fees are a performance fee on profit above a high water mark, a yearly management fee charged for days elapsed, and subscription and redemption fees, paid to the manager's fee account or kept by the firm. Clients join from a manager's invite link, and every setting is available to the firm's CRM through the eTrader CRM API. The trade-off: eTrader is the newest platform in this comparison, so a manager moving from a MetaTrader or cTrader MAM book brings clients to a platform with a smaller third-party track record.
2. MetaTrader 4 / 5 with Brokeree's MAM and PAMM
MetaTrader itself does not include MAM or PAMM. Brokeree Solutions sells both as separate modules, distributed through the MetaQuotes App Store, letting a broker add money management to an existing MetaTrader 4 or 5 server without changing platform. Brokeree's own materials describe the module linking multiple trading servers so managers and investors can be set up across a broker's MetaTrader and cTrader infrastructure from one system. The advantage is reach: MetaTrader has the largest base of managers and investors already used to the terminal. The cost is a second vendor relationship, on top of the MetaTrader licence itself.
3. cTrader with Brokeree's PAMM module
cTrader does not ship PAMM natively either. Brokeree sells a dedicated PAMM module for cTrader, letting a manager run a single master account that automatically mirrors trades across investor accounts by each investor's equity share. Brokeree's own article on the module describes up to five fee types a manager can charge: performance, management, entry, deposit and withdrawal, with profits split at every rollover. It is a mature option for a broker already committed to cTrader for its depth of market and C# tooling.
4. DXtrade
We could not find a MAM or PAMM feature documented on Devexperts' own dx.trade site at the time of writing. Third-party blogs describe white-label platforms in general as increasingly shipping their own money management tools, but that is not the same as a confirmed DXtrade feature. If MAM or PAMM matters to your evaluation, ask Devexperts or your DXtrade reseller directly rather than assuming either way, and get the answer in writing before you build a sales page around it.
5. Match-Trader
Match-Trade Technologies' own documentation describes an in-house developed MAM system integrated with the Match-Trader platform, later extended to include PAMM, with a leaderboard for managers inside the platform and Client Office. That makes it native in the same sense as eTrader's, built by the platform vendor rather than bought from a third party. What Match-Trade has not published is a fee schedule for the feature itself; a broker evaluating it should ask for the current fee and licensing terms directly, since a release note is not a price sheet.
What to ask before you buy
Whichever route you take, ask the same four questions. Does the module run on the same accounts and terminals clients already use, or does it require a separate login. What happens to an open MAM allocation if the plugin vendor or the platform vendor changes terms. Who holds the fee ledger, the platform or the module. And can a manager's track record be exported if you ever change platform. eTrader answers the first and third with "the same accounts, no separate login, and the firm's own CRM," because MAM, PAMM and copytrading are native parts of eTrader with no third-party bridge; see how the pieces fit together in our guide to what a forex CRM actually does and our breakdown of broker copytrading. If you already run MetaTrader, cTrader or another platform, SGHK's Broker CRM connects to all of them in one click, so adding eTrader as a second, native money-management option does not mean replacing anything.
Get the manager, investor and fee terms in writing from whichever vendor you pick, native or plugin. Book a call to see eTrader MAM and PAMM running on a live order book.
"A money manager should never need a second login just to run money for the clients your firm already has."
— The SGHK Team
Key Takeaways
- Neither MetaTrader nor cTrader ships MAM or PAMM natively; Brokeree Solutions sells the plugin modules for both.
- eTrader MAM / PAMM is native to eTrader Broker: the same accounts, the same terminals, no third-party bridge.
- Match-Trade Technologies describes its MAM/PAMM system as in-house, built by the platform vendor rather than a third-party plugin.
- DXtrade's MAM/PAMM status is not confirmed by Devexperts' own materials; ask the vendor directly rather than assume a feature exists.
Frequently Asked Questions
Does MetaTrader have MAM and PAMM built in?
No. Brokeree Solutions sells MAM and PAMM as separate plugin modules for MetaTrader 4 and 5, distributed through the MetaQuotes App Store. The broker adds the module on top of an existing MetaTrader server.
Is eTrader MAM / PAMM a plugin?
No. It is native to eTrader Broker, on the same accounts and in the same terminals clients already trade in, switched on from eTrader Business with no bridge to install.
Does cTrader have its own PAMM feature?
Not from Spotware directly. Brokeree Solutions sells a dedicated PAMM module for cTrader, separate from the MetaTrader modules, which a broker licenses on top of its cTrader server.
Can a manager see the same P/L on a native system as on a plugin?
The mechanics are broadly similar (order allocation for MAM, unit pricing for PAMM), but a native system like eTrader's or Match-Trader's keeps the manager, investor and fee data on the platform's own servers, while a plugin like Brokeree's stores that data alongside the base platform. Ask each vendor how statements and history export before you commit a book of managers to either.
About SGHK
SGHK is a FinTech company that designs and builds its own software for the trading industry: the eTrader trading platform, Launch your Broker and Launch your Prop Firm. Every product is written, hosted and supported in-house and licensed to trading firms, with the CRMs branded to them, all hosted by us in the cloud, managed by each firm and built to scale across clustered servers as our clients grow. Everything is encrypted, and each firm is the only one with access to its data and its clients' data.