How it works

1. What do I need to start?

If you already have a Forex trading account with a broker, simply add your MT4 and your broker server to the system and connect to a strategy.

If you are completely new to Forex please follow these steps:

  • Profit Mama is not a forex brokerage, we don’t accept deposits.
  • Find a good forex broker that you can trust to deposit your money to trade.
  • Once you deposit your money in your trading account, you can connect to Profit Mama with your MT4 login credentials
  • Since you can have multiple MT4 account, connect 1 strategy per MT4 account
  • Contact our support team if you need more help.

2. What is an MT4?

MetaTrader 4 (MT4) is an online trading platform best-known for speculating on the forex market. Available for download on Mac, Windows, and mobile apps, it’s offered by most brokers in 2021. All you need is your MT4 username, password and broker server to connect to our system. Talk to your broker to get all your MT4 information.

3. Can I only use MT4?

The Profit Mama System is only compatible with MT4.

4. What is a broker-server?

Every Forex broker have a broker-server. If you don’t know yours, simply ask your broker’s support team. Once you have the broker-server name, just look for it in our list of broker-servers when you are adding your MT4.

If your broker-server is not in our list, please contact our support team and we will add it for you.

5. What do I need to connect to a strategy?

All you need is your: Account Number, Password, Broker Server to your MT4 accounts. Then choose one of Profitmama’s strategies. We recommend 1 strategy per MT4 for Risk Management.

6. How many strategies can I connect to my MT4 account?

We recommend to connect 1 strategy per account. If you want to connect 8 strategies, create and fund 8 different MT4 accounts from your broker and connect each to a strategy for risk and margin management.

7. Does the Profitmama have Risk Management settings?

Yes, Profitmama has 5 types of risk management.

  1. Risk Scaling
  2. Multiplier
  3. Fixed Lots
  4. Risk Percent
  5. Money Ratio

8. What Does Each Risk Setting Mean?

Here at Profitmama we use 5 different Risk Settings:

  • Risk Scaling – Receiver’s lot size will be set so that it scales by a scale factor with the provider’s risk. This is the recommended option because it makes receiver’s account has the same growth/risk rate as provider’s. Example: Provider trades 0.5 lot with balance $1000 –> Receiver with balance $2000 and scale factor 1 will trade 1.0 lot. Receiver with balance $2000 and scale factor 2 will trade 2.0 lot. This is the recommended option because it make receiver’s account has the same growth/risk rate as provider’s.
  • Multiplier –  Lot size will be multiplied by a factor with Provider’s lot size. Only use this option if you know the lot size setting manner of the provider, otherwise you may suffer whipsaw by over lot size.
  • Fixed Lots – Every trade on receiver’s account will be set with a fixed lot size regardless of provider’s lot size or receiver’s balance.
  • Risk Percent – Enter a specific risk percentage for each trade if stop loss occurs. Example: A trade with 20 pip stop loss is copied, receiver’s lot size will be set, so that if stop loss occurs receiver will lose 5% of balance. This regime is only applied for trades with predefined stop loss; with no-stop loss traded, it will not be copied until the stop loss is added.
  • Money Ratio – Lot size will be scaled with receiver’s balance. Example: Lot size is 1 lot if balance is $1000, then lot size will be 1.5 lot when balance is $1500.

Trading Strategies and Trading System

1. How risky are these strategies?

All Profitmama strategies are super conservative with low drawdown. It trades each order from 0.01% to 5% of the account balance by default. We built the system to reach a maximum of 15% drawdown

2. Can we increase the profit in each strategy?

All the Profitmama strategies are conservative by default to decrease the amount of losses. With our advanced risk management system, you can increase your profit to make each strategy more aggressive. In general, aggressive trading method will grow your account faster as your losses will be larger. Expert traders know how to use our system aggressively and produce massive returns.

3. How much money do I need to trade?

We are not allowed to give financial advices as we are a software company. In general, trading forex requires leverage, the more trading capital you have, the more profit you will earn. Our system can trade any balance size.

4. How much money can I make?

We are not allowed to give financial advices and financial promises. Our system produce around 0% to 18% monthly return per strategy. We are running 8+ strategies and continuously adding more. The more strategies you are connected to your MT4 accounts, the more yearly profit you will gain.

5. Can I stop the strategies any time?

Yes! You have full control of the strategies. You can activate and de-activate them instantly anytime you want.

Fast Money - Affiliate Progran

1. How can I become an affiliate with Profit Mama?

There is no required application. You automatically become our affiliate when you subscribe to our service.

2. What is the rank structure?

You will earn a monthly commissions of 35% per conversion by directing your audience to ProfitMama. As well as if your referral refers someone, you will earn an additional 15% commission.

3. When is the payout?

Profit Mama pays its partners via PayPal every first of the month. (Pay from the subscription renewal members only.)

4. Does Profit Mama have a tracking system?

Yes, we have an advanced and analytical tracking system.

5. Do we have access to promo banners, coupons, etc?

Yes. Feel free to contact our Business Support for the marketing coupons.