Best MAM Account Forex Brokers for 2025

Last updated Sep 29, 2025

We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top MAM account brokers based on our analysis:

  1. 1
    AvaTrade Logo
    AvaTrade - Best MAM account - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources.
  2. 2
    FP Markets Logo
    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. 3
    IC Markets Logo
    IC Markets - A wide range of trading assets. Low spreads. Variety of trading platforms.
  4. 4
    Pepperstone Logo
    Pepperstone - Wide selection of trading platforms. Tight spreads and favourable trading conditions. Numerous regulatory licenses.
  5. 5
    Eightcap Logo
    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. 6
    Vantage Logo
    Vantage - Wide range of trading assets. Diversity of trading platforms. Free VPS.
  7. 7
    Tickmill Logo
    Tickmill - Low trading fees. Variety of trading platforms. Extensive library of educational materials and analytical tools.
  8. 8
    Roboforex Logo
    Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts.
  9. 9
    FxPro Logo
    FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools.
  10. 10
    Exness Logo
    Exness - Wide selection of trading accounts. Instant fund withdrawal. Variety of trading platforms.

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.

Forex Brokers MAM Account List 2025

1
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
2
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
3
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2007
Minimum Deposit
$200
4
Register81.7% of retail investors lose money when trading CFDs with this broker
Foundation Year2010
Minimum Deposit
$1
5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2015
Minimum Deposit
$100
6
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$50
7
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2013
Minimum Deposit
$100
8
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$10
9
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$100
10
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2008
Minimum Deposit
$10

1. AvaTrade

AvaTrade Logo
1
RegisterTrading CFDs carries high risks. You may lose all invested funds
Trading Assets
ForexStocksIndicesETFCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTraderAvaTradeGO
compare AvaTrade trading accounts

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

  1. A wide selection of financial assets.
  2. Innovative trading platforms.
  3. Highly rated educational resources.

Cons

  1. Limited trading account options.
  2. Account inactivity fee.

2. FP Markets

FP Markets Logo
2
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexPrecious MetalsEnergy CarriersSoft CommoditiesIndicesStocksETFBondsCryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5cTraderTradingView
compare FP Markets trading accounts

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

  1. Robust regulation, serious fund protection plus segregated accounts in AA banks.
  2. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
  3. Rich selection of trading platforms.
  4. Wide range of instruments.
  5. Numerous deposit/withdrawal methods.
  6. Strong analytics and education.
  7. 24/7 support.

Cons

  1. Lack of cent accounts and fixed spread accounts.
  2. Some analytical materials and software are accessible only with a deposit or trading volume.

3. IC Markets

IC Markets Logo
3
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesCryptocurrencyStocksBondsETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4cTraderTradingView
compare IC Markets trading accounts

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

  1. A wide range of trading assets.
  2. Low spreads.
  3. Variety of trading platforms.
  4. Quality educational materials.
  5. Efficient customer support service.

Cons

  1. High minimum deposit.

4. Pepperstone

Pepperstone Logo
4
Register81.7% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyETFStocksPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4cTraderTradingView
compare Pepperstone trading accounts

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

  1. Wide selection of trading platforms.
  2. Tight spreads and favourable trading conditions.
  3. Numerous regulatory licenses.
  4. A large number of trading assets.

Cons

  1. Lack of diversity in types of trading accounts.

5. Eightcap

Eightcap Logo
5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexPrecious MetalsEnergy CarriersSoft CommoditiesIndicesStocksCryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TradingView
compare Eightcap trading accounts

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

  1. Support for popular platforms MT4, MT5, and integration with TradingView.
  2. Over 800 trading instruments, including 160+ cryptocurrency CFDs.
  3. Regulated by ASIC, FCA, CySEC, and SCB.
  4. Convenient deposit and withdrawal methods with no fees.
  5. Modern analytics tools: AI economic calendar and FlashTrader for MT5.

Cons

  1. No cent or Islamic accounts.
  2. No passive trading solutions (copy trading, PAMM).

6. Vantage

Vantage Logo
6
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesStocksBondsETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4Premium TraderTradingView
compare Vantage trading accounts

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

  1. Wide range of trading assets.
  2. Diversity of trading platforms.
  3. Free VPS.
  4. Extensive analytical tools.

Cons

  1. There are complaints about the quality of technical support in the reviews.

7. Tickmill

Tickmill Logo
7
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesBondsCryptocurrencyPrecious MetalsEnergy CarriersSoft CommoditiesStocksETF
Trading Platforms
MetaTrader 4MetaTrader 5TradingView
compare Tickmill trading accounts

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

  1. Low trading fees.
  2. Variety of trading platforms.
  3. Extensive library of educational materials and analytical tools.

Cons

  1. Not enough different types of trading accounts.

8. RoboForex

Roboforex Logo
8
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft CommoditiesFutures
Trading Platforms
MetaTrader 5MetaTrader 4R WebTraderR MobileTraderR StocksTrader
compare Roboforex trading accounts

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

  1. A variety of trading platforms.
  2. Over 12,000 trading assets.
  3. Different types of trading accounts.
  4. Competent 24/7 customer support.
  5. Loyalty programs and bonus offers for clients.
  6. Low spreads and fees.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Beginner traders may find a lack of educational materials.

9. FxPro

FxPro Logo
9
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4FxPro EdgeMetaTrader 5cTrader
compare FxPro trading accounts

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

  1. Various trading platforms.
  2. A diverse range of available markets and products.
  3. Multiple analytics tools.
  4. Extensive educational materials.

Cons

  1. An inactivity fee.
  2. Absence of cent accounts and services for copying trades.

10. Exness

Exness Logo
10
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 4MetaTrader 5
compare Exness trading accounts

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

  1. Wide selection of trading accounts.
  2. Instant fund withdrawal.
  3. Variety of trading platforms.
  4. A variety of analytical tools.

Cons

  1. Limited selection of educational materials.
  2. Average selection of markets and products.
  3. 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

  1. Licensing & safeguards: Tier-1/2 regulation, negative balance protection, segregated client funds; clear A-book/STP execution policy and disclosure of conflicts of interest.

  2. Pricing & costs: RAW/ECN spreads with transparent per-lot commission and published swaps; no hidden platform/MAM-bridge fees; clear performance/management fee handling.

  3. 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.

  4. 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.

  5. 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.

  6. Reporting & admin: Per-account and aggregated P/L, fees, and statements with CSV/API export; automated performance/management fee calculations and full audit trails.

  7. Onboarding & operations: Fast KYC, multiple base currencies, easy deposits/withdrawals per client; robust manager permissions for allocation changes and trade actions.

  8. Support & SLAs: 24/5 MAM-savvy technical support, named account manager, clear escalation; written SLAs for outages, maintenance windows, and incident communication.

  9. 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?

  1. Setup: A broker enables a MAM environment. The money manager trades a master account; clients have individual sub-accounts at the same broker.

  2. 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.

  3. 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.

  4. 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.

  5. Adjustments & overrides: The manager can include/exclude specific clients from trades, pause an account, or change allocation parameters without affecting others.

  6. Fees & costs: Trading costs (spreads/commissions/swaps) apply per sub-account. Performance/management fees - if agreed - are calculated and charged according to broker rules.

  7. Reporting: Each client sees their own balance, P/L, trade history, and statements. The manager gets aggregated and per-account reports.

  8. Deposits/withdrawals: Clients can fund or withdraw independently; the MAM adjusts future allocations based on the updated equity.

  9. 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.

FeaturePAMMMAM
Fund structureVirtual pool of investor balancesSegregated client sub-accounts
AllocationProportional by share of the poolLot / percentage / equity-based; per-client multipliers
Per-client riskLimited, tied to pool shareGranular: caps, exclusions, equity protection, drawdown limits
Investor controlDeposit/withdraw affects share; usually no tradingDeposit/withdraw per account; manager can include/exclude clients
ExecutionManager trades; broker allocates to poolManager trades master; allocations mirror to each sub-account
FeesPerformance/management fees at pool levelPerformance/management fees per sub-account
ReportingPool performance + investor share statementsPer-account P/L, fees, and aggregated manager reports
Mid-cycle cash flowsTypically processed at rollovers/valuation pointsReflected quickly; future allocations adjust automatically
PlatformsCommon on MT4/MT5 via broker pluginsMT4/MT5 and often cTrader with pro bridges (oneZero/PrimeXM)
Best forHands-off investors seeking pooled resultsManagers 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.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.