What is a MAM Account?

As a forex/foreign currency trader, it is very important to understand the concept of a MAM account or in simpler terms what is a MAM account. Let us tell you this before you start trading real-time as it will definitely give you an insight on the same. MAM stands for Multi-Account Manager that allows funding managers to manage and handle multiple accounts from one source account that is one single account without even having to create an investment fund. Now, let us know more about MAM account in detail before we get started.

Features and benefits

1: You can place block orders from a master account as a major benefit.

2: It is compatible with EAs (Expert Advisors) and automated strategies.

3: Place an order for an unlimited number of client accounts and it is not limited.

4: You can create multiple trading sub-groups for a variety of strategies.

5: It includes multiple allocation types, including balance, lot, percentage and equity.

6: Trading on account level with partial close option (also on account level)

7: Client allocations starting at just 0.01 lots

8: Utilize all MT4 order types: stops, limits, trailing stops, close all, etc.

These are the few important and significant benefits and features of a multi-account manager system.

MAM Accounts help the trader to manage multiple trading accounts using a single terminal. MAM accounts make use of combining individual trader accounts into a large pool of managed fund that comprises of individual trader accounts as well as investor accounts. Here all the orders that are executed on the master trading account are overall reflected on every associated MAM account according to the parameters set by the investor in the run. Investors also have the option of entering orders through their individual trading accounts and are free to modify MAM trades according to their preferences and choices. These are to be known to the traders about multi-account managers as of now.

MAM Software Multi Account Manager is designed specifically for Money Managers that utilize the Meta Trader 4 platform. All normal type orders are accepted here in MAM. Other financial asset classes such as stocks, bonds, commodities, futures or options — will rarely be traded within PAMM, LAMM or MAM accounts, although there are always exceptions. Technically, you are able to use any financial instrument in whichever configuration you please — as long as its economically viable of course. MAM accounts are particularly suitable for investors with a high-risk tolerance and a high level of market understanding.

Do you wish to become a multi-account manager with forex, then Siby Varghese’s PAMM Service is a sure guaranteed help to you and you should not miss grabbing this opportunity to connect with the forex brokers any time soon.

Get started now; by logging on to www.sibyvarghese.com if you are keen to learn about multi-account managing system right here with us because Siby Varghese is the best PAMM service provider across the globe where you will grasp the right information. Are you visiting us online soon? A thought is just an action away. Hurry up!