Best MAM Forex Brokers 2023

Below you will find some of the best MAM forex brokers out there. In compiling this selection, we have taken into consideration the following factors:

• The platform which enables the MAM account
• The number of allocation methods in place for the MAM account
• The number of sub-accounts available with the MAM account
• The minimum deposit to start with a MAM account
• If EAs were available when using the MAM account
• Other features, eg. minimum trade size, rebates, and more

Round-up

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Review

1. FP Markets

• MAM accounts can be used with MT4 by FP Markets traders.
• FP Markets allows 3 allocation methods either by lot, percentage, or balance.
• FP Markets accepts an unlimited number of sub-accounts.
• There is a $100 minimum deposit requirement to open an FP MAM account.
• FP Markets trade managers can benefit from a low commission structure, combined with tight spreads.
• EAs are available when using a MAM account with FP.

Visit FP Markets
74-89% of retail CFD accounts lose money

2. Vantage

• The Vantage MAM account can be used via the MT4.
• There are unlimited managed sub-accounts with Vantage MAM.
• There are ten allocation methods in place with the Vantage MAM account, including lot, equity, balance, and percentage.
• Vantage Master accounts have access to instant allocation and customizable rewards, with 0.8 pips per lot rebate.
• Generally, the minimum deposit to open a Vantage account is $200, including a MAM, though you should contact the support team.
• EAs allowed for Vantage MAM masters, as well as hedging and scalping.

Visit Vantage
74-89% of retail CFD accounts lose money

3. Axi

• As a fund manager, you will have access to an Axi MAM account supported by MT4.
• Axi supports 6 allocation methods including lot, percentage, balance, equity, equity percent, and allocation by equal risk.
• Axi MAM account supports unlimited sub-accounts.
• The Axi minimum deposit recommended to start managing a MAM account is at least $250.
• EAs are supported when using an Axi MAM account.

Visit AXI
69.6% of retail CFD accounts lose money

4. Pepperstone

• Pepperstone MAM accounts can be used via both the MT4 and MT5 platforms.
• There 3 allocation methods supported by a Pepperstone MAM. These are by lot, by percentage, and proportional.
• A Pepperstone MAM account allows 100 sub-accounts.
• The minimum deposit recommended to manage a MAM account with Pepperstone will be disclosed when contacting a representative. enerally, there is no minimum deposit requirement.
• The minimum trade volume when trading via a Pepperstone MAM is 0.01 lots.
• Pepperstone MAM account enables EAs, hedging, and scalping.
• The Pepperstone MAM account is designed for fund managers with 3+ years of experience.

Visit Pepperstone
(75.9% of retail CFD accounts lose money)

5. FxPro

• FxPro provides a MAM account through their MT4 platform.
• FxPro MAM clients have access to 6 allocation methods. These are by lot, by percentage, for equal risk, proportionate to the balance, proportionate to equity, and percentage allocation of equity.
• $1000 is the minimum deposit recommended to start with any accounts, including a MAM account, but $100 is the minimum requested.
• FxPro allows a minimum 0.01 lot size when trading with a MAM account.
• EAs are available when engaging with a FxPro MAM account.
• As a money manager, you can earn rebates and customize your performance fees.

Visit FxPro
72.87% of retail CFD accounts lose money

6. Fusion Markets

• Fusion Markets allows the use of a MAM account via their MetaFX platform.
• Fusion Markets MAM clients can choose among 3 allocation methods. By lot, percentage or equity.
• Fusion Markets MAM clients can trade across unlimited sub-accounts.
• With the MetaFX platform, Fusion MAM clients will get charged 1 pip cost added across all assets.
• There is a $5,000 minimum deposit in order to start using a Fusion MAM account.
• EAs and all trading styles are allowed for Fusion MAM traders, as well as the possibility to trade any size.

Visit Fusion Markets
Your capital is at risk

7. AvaTrade

• AvaTrade clients can access a MAM account via the MT4 platform.
• An AvaTrade MAM account supports unlimited sub-accounts.
• Three different allocation methods, by equity, by lots, or by percentage are available with an AvaTrade MAM.
• The AvaTrade deposit minimum is $1,000 to fund your new MAM account.
• The minimum lot size in an AvaTrade MAM is 0.01 lots.
• EAs are in possible to use on AvaTrade MAM account.

Visit Avatrade
(79% of retail CFD accounts lose money)

8. Tickmill

• When you open a Tickmill MAM account you can trade with MT4.
• Tickmill allows 2 allocation methods, by balance and by equity.
• Tickmill also allows you to monitor and manage unlimited sub-accounts.
• The minimum lot trading size starts from 0.01 lots with a TickMill MAM account.
• The minimum deposit to open a TickMill MAM account is $5,000.
• EAs are available and provided by TickMill when using their MAM account.

Visit Tickmill
79% of retail CFD accounts lose money