22 Best MAM Forex Brokers

MAM Forex Brokers more commonly referred to in the trading industry as Multi-Account Management, can be described as special integrated software, which is designed for, and used, by fund managers. Fund managers use MAM accounts to effectively manage multiple accounts through one single account, without having to create an investment fund.

Our 10 Best MAM Forex Brokers Revealed:

MAM accounts are the ideal solution for such professionals along with investors who have a much higher risk tolerance than others. Thus, the following list of brokers supply traders and investors with some of the best MAM brokers that offer this type of software and accounts. When fund managers trade using a MAM account, they can make use of leverage in a more complex and sophisticated manner, applying it to certain subaccounts, allowing for improved optimization of risk management.

OneRoyal

Overview

As a Multi-asset and multi-regulated online trading broker, OneRoyal offers traders from around the world with some of the best trading solutions as well as services.

Both retail and institutional traders can expect a variety in trading accounts to choose from along with a variety of tradable financial instruments, powerful trading platforms, competitive trading conditions, and a dynamic and secure trading environment.

Pros and Cons

PROS	CONS
Competitive trading conditions	High minimum deposits on more premium accounts
Tight spreads and low commissions offered	Islamic Account option not provided
Variety of accounts offered	No US Clients
Variety of financial instruments offered
Well-regulated

Features

Feature	Information
Regulation	ASIC, CySEC, CMA
Minimum deposit from	$50
Average spread from	0.0 pips
Commissions from	$3.5
Deposit/Withdrawal Fees	Some fees may apply
Maximum Leverage	1:400
Bonuses	None
Customer Support	24/5

Interactive Brokers

Overview

Interactive Brokers is a well-established and multi-regulated online broker offering the trade in a variety of financial instruments, multiple account types and options, powerful trading platforms that function across a variety of devices, and competitive trading conditions.

Traders are provided with dynamic trading accounts to choose from, comprehensive trading solutions, and services which are tailored to the trading needs and objectives that individual traders may have.

Pros and Cons

PROS	CONS
Comprehensive trading conditions	Fixed spread accounts not offered
Innovative platforms supported across multiple devices	Islamic Account option not offered
Multiple trading tools offered	MetaTrader not offered nor supported
Regulated by multiple regulatory entities	Restricted leverage for some jurisdictions
Variety of accounts and options offered

Features

Feature	Information
Regulation	US SEC & CFTC, ASIC, FCA
Minimum deposit from	$0
Average spread from	Variable spreads – not indicated
Commissions from	Tiered or fixed – not indicated
Deposit/Withdrawal Fees	After the first free withdrawal
Maximum Leverage	1:400
Bonuses	None
Customer Support	24/5

House of Börse

Overview

Established in 2014, House of Borsë is an ECN and DMA broker which is based in the UK with corresponding FCA regulation and authorisation. House of Borsë offers traders with a variety of financial instruments and comprehensive, professional trading solutions and services.

When using House of Borsë to facilitate trades, traders can expect some of the best trading conditions in the industry, a variety in accounts to choose from, and access to advanced, sophisticated trading platforms.

Pros and Cons

PROS	CONS
Competitive trading conditions	High minimum deposit
Islamic Account option offered	Management fee charged on Islamic Account
Reputable broker	Restricted leverage
Three account types offered	Spreads are not the tightest
Well-regulated

Features

Feature	Information
Regulation	FCA
Minimum deposit from	$5,000
Average spread from	0.0 pips
Commissions from	$3 per side
Deposit/Withdrawal Fees	No
Maximum Leverage	1:100
Bonuses	None
Customer Support	24/5

ATC Brokers

Overview

Established in 2005, ATC Brokers is a well-regulated, ECN, and STP broker providing traders with the best trading conditions possible. ATC brokers also offer traders with a choice between several asset classes, with a variety of financial instruments that can be traded through either Metatrader 4 or MetaTrader 5.

Traders are also offered with a variety in account options, a safe and secure trading environment, dynamic trading experience, and prompt, multilingual customer support available 24/5.

Pros and Cons

PROS	CONS
Managed Accounts offered	Fixed spread accounts offered
MetaTrader 4 and MetaTrader 5 offered	Limited financial instruments offered
Strict regulation	Restriction on traders from certain jurisdictions
Superior multilingual customer support

Features

Feature	Information
Regulation	FCA, CIMA, NFA
Minimum deposit from	$2,000
Average spread from	0.3 pips on EUR/USD
Commissions from	$6
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:200
Bonuses	No
Customer Support	24/5

Baxter-FX

Overview

Baxter-FX is a well-regulated, reputable, and reliable ECN and NDD broker based in Australia with corresponding authorisation and regulation through the ASIC, offering traders from around the world with the traded in a variety of forex pairs.

Baxter-FX is a broker that makes provision specifically for professional traders and offers raw spreads, managed accounts, and more.

Pros and Cons

PROS	CONS
Baxter-FX is a global financial company with an outstanding reputation	High minimum deposit
Managed accounts offered	High trading fees
Raw spreads offered	MetaTrader not offered
Solutions cater for professional traders	Not suitable for beginners
Well-regulated	Only one live trading account with two accounting styles

Features

Feature	Information
Regulation	ASIC
Minimum deposit from	$50,000
Average spread from	0.0 pips
Commissions from	$3.90 – $5.00 per $1,000,000 traded
Deposit/Withdrawal Fees	No
Maximum Leverage	1:200
Bonuses	No
Customer Support	24/5

Blackwell Global

Overview

Blackwell Global is a globally recognised STP and NDD broker which is well-regulated and authorised in facilitating the trade of financial instruments.

When trading with Blackwell Global, traders have access to a variety of financial instruments, trading tools and analytical tool packages such as MT4 accelerator, more than 15 MetaTrader 4 indicators, client sentiment data, and more.

Pros and Cons

PROS	CONS
Access to more than 15 MetaTrader 4 indicators	Daily market news or analysis not offered
Client sentiment data provided	High minimum deposit
Trading tools and analytical tools packages as MT4 accelerator	Limited range of financial instruments
Well-regulated	No US, Japan, or Belgian clients allowed
	Restricted leverage

Features

Feature	Information
Regulation	FCA
Minimum deposit from	$500
Average spread from	0.1 pips
Commissions from	$4.5 per lot
Deposit/Withdrawal Fees	None
Maximum Leverage	1:30
Bonuses	None
Customer Support	24/5

Dukascopy

Overview

Dukascopy is a licensed bank as well as an online trading broker that provides comprehensive trading solutions and services to global traders. Traders can choose from more than 600 financial instruments which can be traded seamlessly through either JForex or MetaTrader 4.

Traders are offered with a choice in dynamic account types, competitive trading conditions, and multiple trading tools, helping traders hone their trading skills in a volatile financial market.

Pros and Cons

PROS	CONS
Flexible trading platforms	Accounts tied to trading platforms
Managed Accounts	No MetaTrader 5
Multiple trading tools	No US Clients
Well-regulated

Features

Feature	Information
Regulation	FINMA, FSA
Minimum deposit from	$100
Average spread from	0.1 pips
Commissions from	$5 per million USD
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:200
Bonuses	Yes
Customer Support	24/5

IC Markets

Overview

Established in 2007, IC Markets is a well-regulated online broker, offering its traders with more than 230 financial instruments which can be traded through powerful trading platforms.

When using IC Markets to facilitate trades, traders can expect competitive trading conditions, a choice in a variety of accounts, and tailored solutions that cater for the varying trading needs and objectives of different traders.

Pros and Cons

PROS	CONS
Competitive trading conditions	Fixed spread accounts not offered
Low fees and tight spreads	US Clients not allowed
Social trading offered
Strict regulation
Various trading styles supported including hedging and scalping

Features

Feature	Information
Regulation	ASIC
Minimum deposit from	$200
Average spread from	0.0 pips
Commissions from	$3
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	None
Customer Support	24/5

AvaTrade

Overview

AvaTrade is one of the most popular brokers in the industry. In addition to being multi-regulated, AvaTrade has won an impressive amount of trading awards through its years in operation. With AvaTrade, traders can expect comprehensive, competitive, and tailored trading solutions and services.

Traders can trade more than 250 financial instruments through a variety of innovative, powerful trading platforms. Both retail and professional traders will find ideal and competitive trading conditions when dealing with AvaTrade.

Pros and Cons

PROS	CONS
Fixed and tight spreads	Lack of account type options
Multiple awards obtained	No US Client
Variety of trading platforms	Variable spread accounts not offered
Well-regulated
Zero-commission trading

Features

Feature	Information
Regulation	ASIC, BVI, CBI, FFAJ, FSA, FSCA
Minimum deposit from	$100
Average spread from	0.9 pips
Commissions from	$0
Deposit/Withdrawal Fees	None
Maximum Leverage	1:400
Bonuses	Yes
Customer Support	24/5

Sucden Financial

Overview

Sucden Financial has been in operation since 1973 and as one of the oldest brokers in the industry, Sucden Financial has become a prominent, trusted, and reputable broker catering for traders from around the world.

When trading with Sucden Financial, traders will find access to a variety of financial instruments, spread across several asset classes, competitive trading conditions, and some of the best trading solutions in the industry.

Pros and Cons

PROS	CONS
Competitive solutions offered	High minimum deposit
Offers comprehensive services to corporations, institutions, and brokers	Individual trading accounts not offered
Variety of trading platforms supported
Well-regulated

Features

Feature	Information
Regulation	FCA, SFC, NFA
Minimum deposit from	Not indicated
Average spread from	0.0 pips
Commissions from	Not indicated
Deposit/Withdrawal Fees	None
Maximum Leverage	1:100
Bonuses	None
Customer Support	24/5

Price Markets

Overview

Established in 2013, Price Markets is a reputable ECN and STP broker facilitating the trade in several asset classes. When trading with Price Markets, traders can be assured that they will receive the best trading solutions, tailored to the trading needs and objectives of each trader.

Both retail and professional traders can expect a variety of sophisticated account types, access to a variety of financial instruments, and advanced trading platforms through which trades can be executed seamlessly.

Pros and Cons

PROS	CONS
PAMM and MAM Accounts offered	Limited leverage
Prime trading solutions offered to institutional traders	Limited range of financial instruments
Tight spreads	US Clients not allowed
Well-regulated

Features

Feature	Information
Regulation	FCA
Minimum deposit from	$5,000
Average spread from	0.0 pips
Commissions from	$3.5
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:30 for retail, 1:200 for professional
Bonuses	None
Customer Support	24/5

FXtrading.com

Overview

FXtrading.com is an Australian-based Market Maker broker which facilitates the trade in a variety of financial instruments spread across several asset classes. Traders are offered with advanced trading solutions and FXtrading.com aims to provide traders with a more simplified approach to trading in global financial markets.

Traders can expect advanced trading account options, access to flexible trading platforms through which trades can be executed, and competitive, favourable trading conditions that suit each type of trader.

Pros and Cons

PROS	CONS
Competitive trading conditions	Limited trading instruments
MAMM and PAMM Accounts available	No Islamic Account option provided
MetaTrader 4 offered	No US Clients
No deposit fees	Only two account options offered
Well-regulated	Spreads are not the lowest in the industry

Features

Feature	Information
Regulation	ASIC, VFSC
Minimum deposit from	$200
Average spread from	0.0 pips
Commissions from	$3.5
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:400
Bonuses	Yes
Customer Support	24/5

ThinkMarkets

Overview

ThinkMarkets is yet another popular and reputable online trading broker that offers transparent fee schedules, comprehensive trading solutions, a variety of trading account options, and competitive trading conditions.

When using ThinkMarkets to facilitate trades, traders can expect some of the best online trading technology, a variety of tradable financial instruments, access to global financial markets, and dedicated customer support.

Pros and Cons

PROS	CONS
Commission-free trading account	EU clients restricted to leverage of 1:30
Competitive trading conditions	Fixed spread accounts not offered
Islamic Account option and demo account provided	Higher minimum deposit than other brokers
Strict regulation	US Clients not allowed
VPS service

Features

Feature	Information
Regulation	ASIC, FCA
Minimum deposit from	$250
Average spread from	0.1 pips
Commissions from	$3.5 per side
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	None
Customer Support	24/6

Pepperstone

Overview

Pepperstone is a well-established broker as well as one of the largest brokers in the industry, offering traders with innovative trading technology combined with a choice in dynamic account types, competitive trading conditions, and comprehensive trading services.

When using Pepperstone, traders will be offered with some of the best trading conditions, award-winning customer support, social trading opportunities, and access to use a variety of trading styles including hedging and scalping.

Pros and Cons

PROS	CONS
Award-winning customer support	Fixed spread accounts not offered
Competitive trading conditions offered	US Clients not allowed
Hedging and scalping allowed
Social trading supported
Strictly regulated

Features

Feature	Information
Regulation	ASIC, FCA, DFSA
Minimum deposit from	$200
Average spread from	1 pip
Commissions from	AU$3.5
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	Yes
Customer Support	24/5

Valutrades

Overview

Valutrades is a Seychelles and UK-based broker that has regulation and authorisation through FSA and FCA in facilitating online trades. With Valutrades, traders have access to a NDD trading environment, a choice in dynamic account types, more than 100 financial instruments, and competitive, favourable trading conditions.

Pros and Cons

PROS	CONS
Access to free VPS	Islamic Account option not offered
MAM Accounts offered	Limited non-Forex financial instruments
Segregated client funds	Restricted leverage for Valutrades UK clients
Valutrades UK is a Member of FSCS	US Clients not allowed
Well-regulated

Features

Feature	Information
Regulation	FCA, FSA
Minimum deposit from	$50
Average spread from	0.0 pips
Commissions from	$6 per lot round turn
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:500
Bonuses	No
Customer Support	24/5

Blackbull Markets

Overview

Established in 2014, Blackbull Markets is an online trading broker that caters for both retail and professional traders from across the globe. Traders are provided with a choice in financial instruments, advanced trading platforms, and commission-free trading options.

In addition, traders are also granted access to competitive trading conditions, prime liquidity providers, low commissions, tight spreads, and more.

Pros and Cons

PROS	CONS
Access to prime liquidity providers	Cryptocurrency trading not offered
Commission-free trading available	Fixed spread accounts not offered
Competitive trading conditions	Limited trading tools offered
ECN, STP, and NDD models	No US Clients
Well-regulated

Features

Feature	Information
Regulation	FSPR
Minimum deposit from	$200
Average spread from	0.1 pips
Commissions from	$6 round turn per lot
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:500
Bonuses	None
Customer Support	24/5

Scandinavian Capital Markets

Overview

Scandinavian Capital Markets is a reputable broker that is well-regulated by the Swedish FSA in facilitating the trade of more than 50 forex pairs. These can be traded through user-friendly, flexible, and powerful trading platforms using Scandinavian Capital Markets’ competitive trading conditions.

Traders can choose between several trading accounts, each designed to meet the individual trading needs of different traders, advanced trading tools, superb research tools, and more.

Pros and Cons

PROS	CONS
Competitive trading conditions	High minimum deposit
Powerful trading platforms offered	Limited amount of Forex pairs offered
Strictly regulated	Limited deposit methods supported
Transparent trading conditions and fees	Only three account types offered
	US Clients not allowed

Features

Feature	Information
Regulation	Swedish FSA
Minimum deposit from	$10,000
Average spread from	0.0 pips
Commissions from	$10 per lot
Deposit/Withdrawal Fees	None
Maximum Leverage	1:100
Bonuses	None
Customer Support	24/5

CharterPrime

Overview

CharterPrime is an Australian and New Zealand-based broker that offers personalized trading solutions. With offices around the world, CharterPrime has a global reach in facilitating the trade in numerous financial instruments spread across several asset classes.

As an ECN and STP broker, CharterPrime also offers traders with some of the best pricing, a transparent fee schedule, access to trading tools, and powerful trading platforms.

Pros and Cons

PROS	CONS
Demo account offered	Credit/Debit cards not listed as a supported payment method
Islamic Account provided	High commissions charged on the Islamic Account
STP and ECN trading offered	Negative Balance Protection not offered
Tight, low spreads offered	No US Clients
Well-regulated by FSP

Features

Feature	Information
Regulation	FSP
Minimum deposit from	$100
Average spread from	0.0 pips
Commissions from	$8 per lot
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:500
Bonuses	None
Customer Support	24/5

ACY Securities

Overview

Established in 2013, ACY Securities is a reputable and well-regulated STP and ECN broker which is headquartered in Australia. Traders are offered with several trading accounts to choose from, each tailored to the varying needs of different traders, a variety of forex and CFD instruments, MetaTrader 4 and 5, and more.

Pros and Cons

PROS	CONS
MAM and PAMM Accounts available	Demo Accounts only valid for 30-days
MT4 and MT5 offered	No US Clients
Well-regulated

Features

Feature	Information
Regulation	ASIC, VFSC
Minimum deposit from	$50
Average spread from	1 pip
Commissions from	$0
Deposit/Withdrawal Fees	Yes
Maximum Leverage	1:500
Bonuses	Yes
Customer Support	24/5

MultiBank Exchange Group

Overview

MultiBank Exchange Group is a highly reputable broker operating according to both STP and ECN execution models, offering its traders some of the best pricing and execution in the industry.

When trading with MultiBank Exchange Group, traders can choose from a variety of financial instruments to trade. Traders also have access to social trading opportunities, advanced trading platforms, and competitive trading conditions.

Pros and Cons

PROS	CONS
Competitive trading conditions	Fixed spread accounts not offered
Low commission charges	Inactivity fee of $60 charged on dormant accounts
Social trading offered	No US Clients
Tight spreads
Well-regulated by several regulatory entities

Features

Feature	Information
Regulation	ASIC, BaFin, FMA, CNMV, RAK, FSC BVI, CIMA
Minimum deposit from	$50
Average spread from	0.1 pips
Commissions from	$3
Deposit/Withdrawal Fees	No
Maximum Leverage	1:500
Bonuses	Yes
Customer Support	24/5

Vantage FX

Overview

Vantage FX is a popular trading broker with strict regulation and authorisation through FCA, ASIC, CIMA, and SIBL in facilitating the trade of more than 300 financial instruments.

When trading with Vantage FX, traders can expect some of the best trading solutions in the industry, commission-free trading opportunities, a variety of trading accounts, advanced trading platforms, and dedicated customer support.

Pros and Cons

PROS	CONS
Commission-free trading offered	No fixed spread accounts
MAM and PAMM accounts	No US Clients
Over 300 financial instruments
Social trading offered
Well-regulated

Features

Feature	Information
Regulation	FCA, ASIC, CIMA, SIBL
Minimum deposit from	$200
Average spread from	0.0 pips
Commissions from	$2
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	Yes
Customer Support	24/5

MEX Exchange

Overview

Established in 2012, MEX Exchange is a well-regulated Australian-based broker that serves traders in more than 90 countries. Traders can choose from a variety of financial instruments which can be traded.

Traders are also offered with commission-free trading accounts, low commission charges, and tight, competitive spreads.

Pros and Cons

PROS	CONS
Commission-free trading account offered	No Islamic Account option provided
Low commission charges	US, South Africa, and numerous other countries not allowed
Tight and competitive spreads
Well-regulated

Features

Feature	Information
Regulation	ASIC
Minimum deposit from	$0
Average spread from	0.0 pips
Commissions from	$7 round turn
Deposit/Withdrawal Fees	None
Maximum Leverage	1:500
Bonuses	No
Customer Support	24/5

FAQ

What is MAM?

Multi-Account Manager, or MAM, is a software tool which is integrated and provides a designed account which allows for fund managers to manage multiple accounts adequately and effectively through a single account.

How is MAM trading done?

It is done through sophisticated use of leverage which can be applied to subaccounts and which allows for improved optimization of risk management.

Do these forex brokers offer traders with favourable competitive conditions?

Yes.

Do these forex brokers offer demo accounts?

Yes. Some of these forex brokers offer demo accounts, but not all. There are brokers on this list that do not offer demo accounts.

Which forex brokers offer the best MAM account options?

The brokers indicated on this list are the best forex brokers where MAM accounts are concerned.

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Table of Contents

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

May 10, 2021

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