MAM stands for Multiple Account Manager. Just like a PAMM Account, the MAM Account system also allows Money Managers to control multiple accounts from one Master Account. But while on a PAMM account the size of open positions is fixedly based on the percentage of total equity, MAM accounts offer more flexibility when sub-allocating the trades.
On a MAM Account, the Money Manager can manually adjust lot size and leverage within sub-accounts. This becomes important when the Money Manager needs to cater for a wide range of account sizes and client’s risk profiles within the same Master Account.
The MT4 MAM System is the most sophisticated and flexible platform in the industry today, supporting 10 allocation methods: