What is a Multi-Account Management (MAM) account?
A MAM account is a propriety account that enables competent traders to manage the funds of other, possibly less experienced, traders for an Incentive Fee depending on the account’s performance.
We offer the MAM service to experienced traders who have their own client base and want to trade on their behalf.
Please note that if you want to earn money by bringing new clients to FXChoice, but you don’t want to trade for them, you need to use the “Refer and Earn” programme.
There are four steps to becoming a Money Manager:
- Apply – you must fill in an application form so we can ascertain your suitability to become a Money Manager. You will be expected to provide evidence of profitability and that you can bring clients to FXChoice.
- Open a MAM — once we approve your application, you can open a MAM account.
- Add clients – now you can add clients to your account and pool their funds. You can do this via a unique referral link that we will provide you with once your application is successful. You can post this link anywhere and clients joining us through this link will automatically become your clients.
- Trade – with the MAM in place, clients added and funds deposited, you can now trade on their behalf and gain compensation for your trading ability.
Does it sound like you have all the credentials to become one of our Money Managers? If so, click the button below to start the application process.