FAQs

How Do I open a MAM Account?

First you need to have an account with the brokerage and fund this (Only USD or EUR MAM accounts are allowed. MAM/PAMM accounts are in USD or EUR ). We prefer fast executions and low spreads, thus we are using  Globalprime & IC markets.

Please make sure to choose a leverage during signing up at brokerage of 1:500. You can always ask your broker afterwards to check for you and have them change it.

After opening an account, you will need to verify your identity with the brokerage, usually by sending (by e-mail or fax) a scan of your passport and an utility bill (electricity company, water or bank statement, but not a phone bill) to the brokerage firm so they can verify your address if this matches the same details as your broker account. Afterwards you can wire (or using their other online payment methods) to your account.

When everything is approved by the broker, you are almost ready. You need to let us know, and I will send you an LPOA contract/agreement in order to become a client of my MAM. You will need to sign this and send to both us as well as the broker. Now you are done.

Can I choose My Own Brokerage?

No, we use Globalprime & IC Markets. We want to provide our clients good service and the best trading conditions for each of our systems.

I do not know how to set everything up can I still invest?

Yes, you can. Simply contact us click here  for help and we will guide you personally with every single step.

Can I withdraw money from my account?

As long as you have no open trades you can simply ask us to disable the MAM account for you and then do a full or partial withdrawal.

N.B The MAM must be Flat for a withdrawal to be processed

Do you accept Client Investors from the USA?

Unfortunately we do not as there is a restriction from the USA regarding their Nationals.

What Is the Minimum Deposit Investment?

Minimum Deposit is set at 7k EUR or 10k USD at Globalprime & 7k EUR at IC markets.

How do I fund my brokerage account?

Globalprime accepts funding by bank wire or credit card, you may access this from your client area once you have applied for an account and it has been approved. IC markets has 7 funding options credit cards are excluded from commisions.

How do I withdraw money from my MAM account?

As long as you have no open trades you can simply ask us to disable the MAM account for you and then do a full or partial withdrawal by instructing Globalprime or IC markets via the broker’s client area.

If I do not withdraw my profits every month will it be automatically reinvested?

Yes, eventually profits left in your account will be considered an addition to principal, and will be factored into trade size calculations.

Can I access my MT4 Account which is connected to your MAM?

Yes, please contact either the broker, or us and we will give you your own investor password which you can not only use to login on Metatrader but also to setup a direct-connect account on MyFXbook in order to see your progress.

Can I trade myself on the account connected to the MAM?

Your account is a sub-account of the MAM-master account and therefore we do not want you to trade yourself on it. If you chose to trade in your own account then it must be deactivated from the MAM and agreement is terminated.