Forex: what is a MAM account?

Investing in Forex using a managed account is generally a good idea to improve your return and diversify your investments. If you are new to the currency market, accounts managed by Forex brokers also help secure your transactions. Operators offer several types of accounts, including the MAM account. Let's see what it covers.

How a MAM account works

A MAM account, for Multi-Account Manager, allows a Forex broker to manage several investor funds. The latter carries out his trades on the basis of his own funds and those allocated by his clients, and distributes the profits according to the conditions fixed between the two parties. The account manager can set the quantity of negotiated lots for each client. 

http://myfxfundinfo.tripod.com/forex-signals-software.html

This fixed allocation method can also be carried out within the framework of a LAMM account, for Lot Allocation Management Module. The MAM account also allows the professional trader to adjust the leverage of each of the sub-accounts, according to the risks that investors wish to take.

In practice, the opening of a MAM account is carried out by a broker or account manager. He sets up an offer in which he displays the conditions for potential customers. Investors, when they choose their broker, then invest in the MAM account. The broker performs operations on the foreign exchange market using the capital of the common account, then distributes the gains and losses according to the share of each investor in the account.

The advantages of the MAM Forex account

If you want to start on the Forex market but you do not have the time to develop skills and analyze the market, the MAM account is a good option for investing. You can withdraw your capital whenever you want, and your earning potential is unlimited if you have chosen an excellent broker. 

To get the most out of this type of investment management, it is indeed necessary to refer you to a reliable operator and offering attractive trading conditions. By integrating a MAM Forex account, you also gain access to various tools, such as the creation of personalized and detailed reports.

http://olliesfx.website2.me/contact

If you are an experienced trader, managing a MAM account simplifies your work. This allows you to trade comfortably, by relying on many investment accounts. You can duplicate transactions and save a lot of time. Finally, you benefit from flexible allocation systems and receive commissions instantly.

The differences between MAM accounts and PAMM accounts

Both solutions allow you to manage several sub-accounts from a main account, without having to create a dedicated fund. Losses or profits are distributed among the different accounts, in proportion to the investments made. 

http://investmentalternatives.aircus.com/

If the operating mode is quite similar, the MAM account is characterized by greater flexibility. The allocation methods are more flexible. In addition, the account manager can adjust the risk of each client account according to the investor's profile.

http://investmentideas.over-blog.com/2019/08/forex-account.html

You are now able to choose the type of managed Forex account that suits you, and negotiate the best conditions with the MAM account manager. To be accompanied by the best traders, do not hesitate to browse the web to consult the performance and the course of Forex brokers.