Best MAM Account Forex Brokers for 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top MAM account brokers based on our analysis:
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AvaTrade - Best MAM account - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 3
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Pepperstone - Wide selection of trading platforms. Tight spreads and favourable trading conditions. Numerous regulatory licenses. - 5
Eightcap - Support for popular platforms MT4, MT5, and integration with TradingView. Over 800 trading instruments, including 160+ cryptocurrency CFDs. Regulated by ASIC, FCA, CySEC, and SCB. - 6
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Tickmill - Low trading fees. Variety of trading platforms. Extensive library of educational materials and analytical tools. - 8
Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 9
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 10
With MAM accounts, you can access the forex market without placing trades yourself. A professional money manager executes from a master account, and positions are allocated to your individual account using flexible methods (lot/percentage/equity), so you keep ownership and control while the manager makes the day-to-day decisions.
Comparison of the Best MAM Account Forex Brokers
| Broker | AvaTrade | FP Markets | IC Markets |
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| Rating | 4.7/5 | 4.7/5 | 4.7/5 |
| Foundation Year | 2005 | 2005 | 2007 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles | Seychelles, Australia, Cyprus, Kenya |
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| Spread | from 0.6 points | from 0 points | from 0 points |
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| Review | AvaTrade Review | FP Markets Review | IC Markets Review |
| Broker Comparison | |||
| Register | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds |
Forex Brokers MAM Account List 2026
1. AvaTrade
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
3. IC Markets
IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.
IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.
Pros and Cons of IC Markets
Pros
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
4. Pepperstone
Pepperstone is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.
The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.
The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.
Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.
Pros and Cons of Pepperstone
Pros
- Wide selection of trading platforms.
- Tight spreads and favourable trading conditions.
- Numerous regulatory licenses.
- A large number of trading assets.
Cons
- Lack of diversity in types of trading accounts.
5. Eightcap
Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.
Pros and Cons of Eightcap
Pros
- Support for popular platforms MT4, MT5, and integration with TradingView.
- Over 800 trading instruments, including 160+ cryptocurrency CFDs.
- Regulated by ASIC, FCA, CySEC, and SCB.
- Convenient deposit and withdrawal methods with no fees.
- Modern analytics tools: AI economic calendar and FlashTrader for MT5.
Cons
- No cent or Islamic accounts.
- No passive trading solutions (copy trading, PAMM).
6. Vantage
Vantage broker offers various trading instruments and platforms, making it attractive for multiple traders. The availability of extensive analytical tools and educational materials can benefit novice traders looking to deepen their knowledge.
Vantage could be a good choice for intermediate and advanced traders seeking a variety of trading instruments and platforms.
Pros and Cons of Vantage
Pros
- Wide range of trading assets.
- Diversity of trading platforms.
- Free VPS.
- Extensive analytical tools.
Cons
- There are complaints about the quality of technical support in the reviews.
7. Tickmill
Tickmill offers high-quality services and conditions for trading on the international Forex market. With reliable regulation, access to popular trading platforms, and comprehensive educational and analytical materials, Tickmill becomes an attractive choice for traders of different experience levels.
The broker is suitable for novice traders, thanks to accessible educational materials and the ease of opening an account, as well as for experienced traders who value low spreads, platform stability, and a variety of trading instruments.
Pros and Cons of Tickmill
Pros
- Low trading fees.
- Variety of trading platforms.
- Extensive library of educational materials and analytical tools.
Cons
- Not enough different types of trading accounts.
8. RoboForex
RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.
Pros and Cons of Roboforex
Pros
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
9. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
10. Exness
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
How the list of the best Forex brokers with MAM accounts is compiled
The list of MAM brokers has been compiled using the following criteria and methodology:
A broker must offer a true MAM (Multi-Account Manager) setup, allowing a money manager to trade a master account with allocations to client sub-accounts.
Each broker’s position is anchored to our overall Forex broker ranking developed by our team.
We evaluate regulation and safety of funds, market experience, pricing (RAW/ECN spreads + commissions), execution quality and stability, platforms (MT4/MT5, cTrader), and MAM features - allocation methods (lot/percentage/equity), manager controls and risk limits, reporting/transparency, client caps, and operational fees.
Scores are informed by documentation checks, live/demo testing where possible, and reviews from real clients.
We hope this shortlist helps you find a reliable, well-regulated broker for MAM accounts that matches your goals and preferences.
How to Choose a MAM Forex Broker
Licensing & safeguards: Tier-1/2 regulation, negative balance protection, segregated client funds; clear A-book/STP execution policy and disclosure of conflicts of interest.
Pricing & costs: RAW/ECN spreads with transparent per-lot commission and published swaps; no hidden platform/MAM-bridge fees; clear performance/management fee handling.
Execution quality: Low latency to LPs (e.g., LD4/NY4/TY3), stable uptime, no arbitrary throttles; evidence of slippage distribution, reject rates, and median/p95 speed.
Platforms & bridge tech: MT4/MT5 and/or cTrader via professional bridges (e.g., oneZero/PrimeXM) with server-side order types (IOC/FOK, OCO), partial fills, and drop-copy.
MAM features: Allocation modes (lot/percentage/equity), per-client risk multipliers, exclusions/pause, equity protection and drawdown limits, max accounts per master, symbol limits, hedging/netting options.
Reporting & admin: Per-account and aggregated P/L, fees, and statements with CSV/API export; automated performance/management fee calculations and full audit trails.
Onboarding & operations: Fast KYC, multiple base currencies, easy deposits/withdrawals per client; robust manager permissions for allocation changes and trade actions.
Support & SLAs: 24/5 MAM-savvy technical support, named account manager, clear escalation; written SLAs for outages, maintenance windows, and incident communication.
Trial & scale-up path: Demo MAM or small live pilot with sandboxed fee logic; proven scalability to dozens/hundreds of sub-accounts without performance degradation.
Red flags: vague regulation, bundled “all-in” pricing with no commission breakdown, no slippage stats, manual fee spreadsheets, or limits on transparency.
Pro tip: run a 2-week pilot: mirror your strategy on demo/live micro-sizes, capture slippage vs quotes, reconcile fees, and test emergency controls (pause/exclude client, equity protection).
What is MAM Account in Forex?
A MAM (Multi-Account Manager) account in forex lets a professional trader place orders from one master account while positions are automatically allocated across multiple client sub-accounts. Clients keep funds in their own accounts and can set allocation/risk preferences (e.g., lot, percentage, or equity-based). The broker’s system handles proportional trade sizing, performance reporting, and fee/commission splits. MAM is popular with money managers, IBs, and prop desks running the same strategy for many clients on MT4/MT5 or cTrader. Note that results aren’t guaranteed - profits and losses are passed through according to each client’s allocation.
How does a MAM account work?
Setup: A broker enables a MAM environment. The money manager trades a master account; clients have individual sub-accounts at the same broker.
Onboarding clients: Each investor opens a normal trading account, completes KYC, and opts into the manager’s MAM. Funds remain in the client’s own account.
Allocation settings: The manager (or broker) sets how trades are distributed - lot, percentage, or equity-based allocation - with optional risk multipliers, per-client caps, and symbol exclusions.
Execution: The manager places one order on the master. The MAM server automatically sizes and mirrors positions across all linked sub-accounts in real time.
Adjustments & overrides: The manager can include/exclude specific clients from trades, pause an account, or change allocation parameters without affecting others.
Fees & costs: Trading costs (spreads/commissions/swaps) apply per sub-account. Performance/management fees - if agreed - are calculated and charged according to broker rules.
Reporting: Each client sees their own balance, P/L, trade history, and statements. The manager gets aggregated and per-account reports.
Deposits/withdrawals: Clients can fund or withdraw independently; the MAM adjusts future allocations based on the updated equity.
Risk controls: Per-account stop-out, equity protection, and drawdown limits can be enforced. Profits and losses are passed through proportionally.
PAMM vs MAM
PAMM and MAM both let a professional trade on behalf of multiple clients, but they differ in how funds and risk are handled. PAMM pools investor balances into a shared “fund-like” structure with proportional results, while MAM keeps funds in separate sub-accounts and offers finer, per-client controls. If you’re comparing providers, see our curated list of PAMM account brokers.
| Feature | PAMM | MAM |
|---|---|---|
| Fund structure | Virtual pool of investor balances | Segregated client sub-accounts |
| Allocation | Proportional by share of the pool | Lot / percentage / equity-based; per-client multipliers |
| Per-client risk | Limited, tied to pool share | Granular: caps, exclusions, equity protection, drawdown limits |
| Investor control | Deposit/withdraw affects share; usually no trading | Deposit/withdraw per account; manager can include/exclude clients |
| Execution | Manager trades; broker allocates to pool | Manager trades master; allocations mirror to each sub-account |
| Fees | Performance/management fees at pool level | Performance/management fees per sub-account |
| Reporting | Pool performance + investor share statements | Per-account P/L, fees, and aggregated manager reports |
| Mid-cycle cash flows | Typically processed at rollovers/valuation points | Reflected quickly; future allocations adjust automatically |
| Platforms | Common on MT4/MT5 via broker plugins | MT4/MT5 and often cTrader with pro bridges (oneZero/PrimeXM) |
| Best for | Hands-off investors seeking pooled results | Managers needing fine per-client control and scaling |
FAQ
How do I open a MAM account?
Choose a broker that offers MAM, apply as an investor (join a manager) or money manager (run a master), complete KYC, sign the mandate/LPOA, set allocation/risk settings, fund your account, and (ideally) run a short demo or micro-live pilot.
Are MAM accounts safe and regulated?
Safety depends on the broker’s regulation and custody, not the strategy. Use tier-1/2 regulated brokers with segregated funds and negative balance protection. Results aren’t guaranteed; the manager’s trading still carries risk.
Are MAM accounts cheap - what fees and commissions apply?
Expect RAW/ECN spreads + per-lot commission, swaps, and any agreed performance/management fees. Some setups add platform/bridge fees. Compare the all-in cost (spread + commission + fees) and how fees are calculated/charged.
Are MetaTrader (MT4/MT5) required for MAM?
No. MT4/MT5 are most common, but many brokers with cTrader or FIX-bridge setups also support MAM functionality. Check your broker’s supported platforms and MAM features.
What is the minimum deposit for a MAM account?
It varies by broker and manager. Investors often face a modest minimum, while managers may need a larger operational balance. Confirm the exact threshold, base currency, and any per-account caps.
Can I deposit or withdraw anytime in a MAM account?
Usually yes - funds stay in your own sub-account. Mid-cycle cash flows adjust future allocations automatically. Brokers may restrict changes during maintenance or if withdrawals would breach margin on open trades.
Can I control risk or exclude symbols in MAM?
Typically yes. MAM supports per-client risk multipliers, equity caps/protection, and include/exclude lists for instruments. Available controls depend on the broker’s plugin/bridge.
Does the broker help find a money manager?
Some brokers list vetted managers or introduce IBs; others avoid recommendations for regulatory reasons. You’re responsible for due diligence (track record, risk, fees, mandate).
What reports and transparency do MAM accounts provide?
Per-account statements, P/L, trade history, fees, and real-time balance/equity views, plus manager-level aggregated reporting. Most brokers offer exportable CSV/API and periodic statements for auditability.
