MAM is an abbreviation for “Multi-Account-Manager” and it means exactly that, managing multiple accounts simultaneously, usually by a Professional Money Manager. This account type will allow the Trader to operate with the invested amount as a pool, allocating and monitoring all trades from a single software interface. MAM supports the rapid execution of multiple orders, batch transactions and instant allocation on multiple accounts, according to each account size and risk profile.
Money Managers place their trades on the Master or Parent account, which will then be allocated to the sub-accounts. Once profit is generated, the total amount is divided between the investors, proportionally to the size of their account.
Money Managers gain a predetermined percentage of the profit generated for their investors, called a “Performance Fee”, which is usually charged monthly or weekly. This ensures that Traders benefit only when their clients are profiting.
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Main Group FX is a trading name for the Australian company Main Group FX Pty Ltd (ACN 665 904 236). Main Group FX Pty Ltd is a Corporate Authorised Representative (No 001301900) under AFSL 421246, which is owned by Australian Company MGF Capital Pty Ltd (ACN 155 829 566), with a registered office at 465 Victoria Ave, Chatswood, NSW 2067, Australia.
CFDs are complex instruments and carry a high level of risk, with the possibility of losing all your capital. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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