MAM – short for Multi Account Management for Investors – is a service that allows investors to profit without trading on their own.
Manager opens a MAM-Manager account. After that manager creates a proposal for the potential Investors where terms of cooperation are defined including the amount of remuneration investors will be charged – profit fee and volume fee.
Investor opens a MAM-Investor account and connects to a manager. By doing that investor puts this account under the control of the manager trusting manager to perform trades with his funds.
Manager trades on financial market using all investors’ accounts connected to him. All the profits are divided among investors according to their shares in combined account. Investor pays manager a compensation for using the service.
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