Best Brokers With MAM Accounts In The UK 2026
MAM (Multi-Account Manager) profiles allow traders to hand over their investments to skilled fund managers in the financial markets, whilst also maintaining a level of control over trades. The best MAM account managers offer competitive performance indicators, flexibility and access to reputable platforms such as MT4. This review explains how to open an account and ranks the top UK forex brokers with MAM accounts:
Best MAM Brokers UK
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Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Interactive Brokers (IBKR), a leading brokerage, offers access to 150 markets across 33 countries and provides extensive investment services. With more than 40 years of experience, this Nasdaq-listed company complies with strict regulations from the SEC, FCA, CIRO, and SFC. It is among the most reliable brokers worldwide for traders.
Instruments Regulator Platforms Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower Min. Deposit Min. Trade Leverage $0 $100 1:50 -
Eightcap, an acclaimed broker regulated by the FCA, offers exceptionally low trading costs. Recognised as the top-rated brand by TradingView's vast user base of 100 million, traders can directly access the platform. UK traders can open a live account with a minimum deposit of just £100.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities ASIC, FCA, CySEC, SCB MT4, MT5, TradingView Min. Deposit Min. Trade Leverage £100 0.01 Lots 1:30 -
Established in 2009, Vantage provides trading on more than 1,000 short-term CFD products to over 900,000 clients. Forex CFDs are available from 0.0 pips on the RAW account via TradingView, MT4, or MT5. Regulated by ASIC, Vantage ensures that client funds are kept in separate accounts. Traders looking to copy strategies will benefit from a wide array of social trading tools.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting FCA, ASIC, FSCA, VFSC ProTrader, MT4, MT5, TradingView, DupliTrade Min. Deposit Min. Trade Leverage $50 0.01 Lots 1:30 -
Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting FCA, CySEC, FSCA, SCB, FSA FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
FXCM, a reputable forex and CFD broker founded in 1999, is headquartered in the UK. It has garnered multiple accolades and operates in several regions, including the UK and Australia. Offering more than 400 assets and comprehensive analysis tools without any commission charges, FXCM is a favoured option among traders. The broker is also under the regulation of leading bodies such as the FCA, ASIC, CySEC, FSCA, and BaFin.
Instruments Regulator Platforms Forex, Stock CFDs, Commodities CFDs, Crypto CFDs FCA, CySEC, ASIC, FSCA, BaFin, CIRO Trading Station, MT4, TradingView, Quantower Min. Deposit Min. Trade Leverage $50 Variable 1:400 -
Founded in 2007, Axi is a forex and CFD broker operating under multiple regulations. Over the years, it has enhanced the trading experience by broadening its stock offerings, upgrading the Axi Academy, and launching a proprietary copy trading app.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Crypto FCA, ASIC, FMA, DFSA, SVGFSA Axi Copy Trading, MT4, AutoChartist Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30
Pepperstone
Interactive Brokers
Eightcap
Vantage FX
FXPro
FXCM
AxiSafety Comparison
Compare how safe the Best Brokers With MAM Accounts In The UK 2026 are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✘ | ✔ | |
| Interactive Brokers | ✔ | ✔ | ✘ | ✔ | |
| Eightcap | ✔ | ✔ | ✘ | ✔ | |
| Vantage FX | ✔ | ✔ | ✘ | ✔ | |
| FXPro | ✔ | ✔ | ✘ | ✔ | |
| FXCM | ✔ | ✔ | ✘ | ✔ | |
| Axi | ✔ | ✔ | ✘ | ✔ |
Payments Comparison
Compare which popular payment methods the Best Brokers With MAM Accounts In The UK 2026 support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Interactive Brokers | ✔ | ✔ | ✘ | ✘ | ✘ | ✘ |
| Eightcap | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Vantage FX | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| FXPro | ✔ | ✘ | ✔ | ✔ | ✔ | ✘ |
| FXCM | ✔ | ✔ | ✔ | ✘ | ✘ | ✔ |
| Axi | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
Mobile Trading Comparison
How good are the Best Brokers With MAM Accounts In The UK 2026 at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Pepperstone | iOS & Android | ✘ | ||
| Interactive Brokers | iOS & Android | ✔ | ||
| Eightcap | iOS & Android | ✘ | ||
| Vantage FX | iOS & Android | ✘ | ||
| FXPro | iOS & Android | ✘ | ||
| FXCM | iOS and Android | ✘ | ||
| Axi | iOS & Android | ✘ |
Beginners Comparison
Are the Best Brokers With MAM Accounts In The UK 2026 good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Pepperstone | ✔ | $0 | 0.01 Lots | ||
| Interactive Brokers | ✔ | $0 | $100 | ||
| Eightcap | ✔ | £100 | 0.01 Lots | ||
| Vantage FX | ✔ | $50 | 0.01 Lots | ||
| FXPro | ✔ | $100 | 0.01 Lots | ||
| FXCM | ✔ | $50 | Variable | ||
| Axi | ✔ | $0 | 0.01 Lots |
Advanced Trading Comparison
Do the Best Brokers With MAM Accounts In The UK 2026 offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Pepperstone | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✘ | ✔ | ✘ |
| Interactive Brokers | Capitalise.ai, TWS API | ✘ | 1:50 | ✘ | ✔ | ✔ | ✔ |
| Eightcap | TradingView Bots | ✘ | 1:30 | ✔ | ✘ | ✔ | ✘ |
| Vantage FX | Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 | ✔ | ✘ | ✘ | ✘ |
| FXPro | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✔ | ✔ | ✘ |
| FXCM | - | ✘ | 1:400 | ✘ | ✔ | ✘ | ✘ |
| Axi | Expert Advisors (EAs) on MetaTrader, Myfxbook | ✔ | 1:30 | ✔ | ✔ | ✔ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Best Brokers With MAM Accounts In The UK 2026.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Pepperstone | |||||||||
| Interactive Brokers | |||||||||
| Eightcap | |||||||||
| Vantage FX | |||||||||
| FXPro | |||||||||
| FXCM | |||||||||
| Axi |
Our Take On Pepperstone
"Pepperstone is a premier trading platform, providing tight spreads, swift execution, and sophisticated charting tools for seasoned traders. Beginners benefit from no minimum deposit, comprehensive learning materials, and outstanding 24/7 support."Tobias Robinson
Reviewer
Pros
- Over the years, Pepperstone has consistently garnered recognition from DayTrading.com’s annual awards. Recently, it was honoured as the 'Best Overall Broker' in 2025 and was the 'Best Forex Broker' runner-up the same year.
- Pepperstone now offers spread betting via TradingView, delivering a streamlined and tax-efficient trading experience with sophisticated analytical tools.
- Pepperstone offers rapid execution speeds of approximately 30ms, enabling swift order processing and execution, making it ideal for traders.
Cons
- Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app.
- Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies.
- Although its market range has improved, its crypto offerings remain limited compared to brokers specialising in this sector, lacking real coin investment options.
Our Take On Interactive Brokers
"Interactive Brokers ranks highly for seasoned traders due to its robust charting platforms, live data, and bespoke layouts via the new IBKR Desktop app. Its competitive pricing and sophisticated order choices appeal to traders, and its wide equity options are industry-leading."Tobias Robinson
Reviewer
Pros
- While initially targeting seasoned traders, IBKR has recently widened its appeal by eliminating its $10,000 minimum deposit requirement.
- Interactive Brokers has introduced ForecastTrader, an innovative product offering zero-commission trading with yes/no Forecast Contracts on political, economic, and climate events. It features fixed $1 contract payouts, 24/6 market access, and a 3.83% APY on positions held.
- The new IBKR Desktop platform combines the top features of TWS with customised tools such as Option Lattice and MultiSort Screeners, providing an impressive trading experience for traders of all skill levels.
Cons
- IBKR offers a variety of research tools, but their inconsistent placement across trading platforms and the 'Account Management' webpage creates a confusing experience for users.
- The learning curve for TWS is quite steep, making it tough for novice traders to navigate and grasp all its features. In contrast, Plus500's web platform is far more accessible for those new to trading.
- Support can be sluggish and frustrating. Tests reveal that you may face challenges reaching customer service quickly, which could result in delays in issue resolution.
Our Take On Eightcap
"Eightcap excels for traders, offering diverse charting platforms, educational Labs, and AI tools. With over 120 crypto CFDs, it stands out in crypto trading and has won our 'Best Crypto Broker' award twice consecutively."William Berg
Reviewer
Pros
- Eightcap has excelled in all essential trading areas, surpassing all rivals to clinch our 'Best Overall Broker' award for 2024. It also earned the titles of 'Best Crypto Broker' and 'Best TradingView Broker' for 2025.
- In 2021, Eightcap enhanced its lineup, now providing an extensive range of cryptocurrency CFDs. It offers crypto/fiat and crypto/crypto pairs, along with crypto indices for comprehensive market exposure.
- Eightcap excels with a suite of advanced trading tools, such as MT4 and MT5, and has recently joined the 100-million-user social trading network, TradingView.
Cons
- The demo account is available for 30 days, after which it requires a request for extension. This is less convenient than XM's offering, which provides an unlimited demo mode.
- Despite a helpful array of educational guides and e-books in Labs, Eightcap lags behind IG's extensive resources for aspiring traders. IG boasts a dedicated Academy app and features 18 diverse course categories.
- Despite the growing range of tools available, Eightcap lacks popular industry resources such as Autochartist and Trading Central. These provide advanced charting analytics, live news, and essential market insights for traders focused on short-term strategies.
Our Take On Vantage FX
"Vantage is an ideal choice for CFD traders looking for a well-regulated broker with access to the dependable MetaTrader platforms. With a swift sign-up process and a minimum deposit of $50, starting trading is simple and fast."Tobias Robinson
Reviewer
Pros
- Vantage addresses the needs of passive investors through user-friendly social trading on ZuluTrade and Myfxbook.
- ECN accounts offer competitive terms, featuring spreads starting at 0.0 pips and a commission of $1.50 per trade side.
- Hedging and scalping strategies are fully permitted without any short-term restrictions.
Cons
- To access optimal trading conditions, a substantial deposit of $10,000 is required. This includes a commission of $1.50 per transaction per side.
- Regrettably, cryptocurrencies are accessible solely to clients in Australia.
- Based on tests, average execution speeds of 100ms to 250ms are slower compared to other options.
Our Take On FXPro
"FxPro is an excellent choice for traders, offering swift execution speeds under 12ms, reduced fees since 2022, and outstanding charting platforms like MT4, MT5, cTrader, and FxPro Edge."Tobias Robinson
Reviewer
Pros
- FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
- FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.
- FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.
Cons
- FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.
- FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.
- There are no passive investment options such as copy trading or interest on cash. While traders might not find these essential, competitors like eToro, which accommodate both active and passive investors, offer more extensive services.
Our Take On FXCM
"FXCM remains a leading choice for traders using automated strategies, offering four robust platforms, strategy backtesting, and algorithmic trading via APIs. It is also ideal for active traders, providing discounted spreads and minimal to zero commissions on popular assets."Tobias Robinson
Reviewer
Pros
- A variety of funding options, such as bank cards, Apple Pay, and PayPal, are available with immediate processing.
- The broker provides reduced spreads and additional benefits for seasoned traders through the Active Trader account.
- FXCM boasts a strong international reputation, holding licences from the FCA, ASIC, CySEC, and FSCA. With two decades of experience, it commands respect in the trading industry.
Cons
- While FXCM primarily caters to seasoned traders, the absence of managed accounts is unfortunate.
- The live chat support is often sluggish and inconsistent when compared to leading competitors.
- There are no retail account options available for traders, and Cent/Micro account alternatives are also absent.
Our Take On Axi
"Axi excels for forex trading on MetaTrader 4 with over 70 currency pairs, MT4 NextGen features, and tight spreads starting at 0.2 pips on the Pro account."Tobias Robinson
Reviewer
Pros
- Axi provides an excellent MT4 experience, enhanced by the NextGen plug-in for sophisticated order management and analytics, with low execution latency around 30ms.
- Based on our tests, Axi's new trading app is highly intuitive. It offers practical filtering options to align strategies with individual risk preferences.
- Axi Academy offers a wealth of educational resources, from free eBooks and video tutorials to interactive quizzes. These are particularly beneficial for novice traders.
Cons
- Even with the expansion of stock CFDs in the US, UK, and EU markets, its range still falls short compared to companies like BlackBull, which provide thousands of equities for varied trading opportunities.
- Axi lags by solely providing MT4, while competitors have upgraded to MT5, cTrader, TradingView, and bespoke platforms, delivering a smoother user experience with enhanced tools.
- Axi retains our confidence. However, recent issues with ASIC and FMA require it to maintain a secure environment and comply with licensing standards.
What Are MAM Accounts?
MAM, Multi-Account Manager, accounts permit professional fund managers to trade on behalf of multiple retail clients. MAM accounts are suitable for both beginner traders with limited market knowledge, and for high-net-worth individuals looking for a hands-off approach to investing.
Traders can choose a fund manager with a proven track record, with experience in trading multiple assets. Pepperstone and Vantage FX, for example, allow fund managers to trade forex, stocks, indices, and commodities on behalf of customers.
Typically, retail traders can set criteria around how trades are executed, meaning they maintain control over how their personal funds are invested. This may include the restriction of certain stocks due to non-compliance with ethical practice or the amount of leverage being used to reduce risk.
How MAM Accounts Work
Fund managers can manage risk from one profile, executing trades on behalf of their customers simultaneously – typically in ‘blocks’. Professional investors will look after multiple trading accounts in a single master account.
A pre-defined profit split will be taken by the fund manager, known as a performance fee, often every month. Let’s say four investors are part of one ‘pool’ of traders. Investor A deposits £20,000, Investor B deposits £25,000, Investor C deposits £15,000 and Investor D deposits £40,000. The MAM account will therefore hold a total of £100,000.
If the money manager trades with the full amount of money and a £10,000 profit is made, each investor receives a split of the funds. The fund manager then takes a 10% performance fee, receiving £1,000. The remaining profit of £9,000 will be split between the four investors based on their initial deposit weighting:
- Investor A receives £1,800
- Investor B receives £2,250
- Investor C receives £1,350
- Investor D receives £3,600
Investments can be executed in professional trading platforms. The Axi MAM account, for instance, provides pro traders access to the popular MetaTrader 4 (MT4) terminal.
How To Get Started With A MAM Account
It is relatively straightforward to open a MAM account. We outline the basic method to get started, though this may vary slightly between brokers and forex-managed MAM accounts:
- Choose a broker that offers MAM trading accounts – Select a well-known and trusted brand that holds a license with the Financial Conduct Authority (FCA) in the UK. Popular MAM brokers in the UK include Pepperstone, AxiTrader and FXTM.
- Register for a trading account – Once you have checked that you are happy with the trading terms, including minimum funding requirements and selection of assets, fill out any required account registration forms with the broker.
- Select a fund manager using the published performance statistics – Look for key performance metrics, reliability ratings and any fees that they charge.
- Set your trading criteria such as attitude to risk and investment parameters – Make sure to spend some time researching the criteria you can set with the money manager. Once this is done, they can begin trading on your behalf.
Before you sign up, review the terms and conditions in the agreement with the fund manager. Many MAM account brokers will provide a Limited Power of Attorney (LPOA), a document that oversees the manager-investor relationship.
Pros Of Brokers With MAM Accounts
- Performance metrics – The best brokers publish a range of performance indicators of fund managers including full trading history, profit gains, and popular assets being traded. This can help you determine which MAM advisor to trust with your capital.
- Flexibility – The majority of brokers with MAM accounts offer retail traders the flexibility to control and manage trading activities to some degree. This may include the opportunity to pull out of an account if the performance of the professional trader slips.
- No market knowledge needed – A key advantage of using a MAM account is that previous trading experience or expertise in the financial markets is not essential. Instead, the fund manager is the experienced investor. Pepperstone MAM account professionals, for example, are required to have a minimum of three years of trading experience.
Cons Of Brokers With MAM Accounts
- Risk – Investments made via MAM accounts still incur the risk of losses and are not sheltered from market volatility. Losses can exceed the initial capital deposited if the fund manager is not careful. Remember that previous performance history does not guarantee profits and you should never invest more than you can afford to lose.
- Fees – The fund manager will be entitled to a performance fee for managing the investment pool. This could be anywhere in the region of 1-20%. This is typically a set percentage calculated on the trading gains, though commission charges may also apply to executed orders. There may also be a minimum account balance requirement to be accepted by a MAM fund manager. FP Markets, for instance, has a minimum deposit requirement of £100.
How To Compare Brokers With MAM Accounts
- Withdrawals – It is important to understand whether you can withdraw your funds/profits at any time. For example, some brokers with MAM accounts may set a fixed payment timeline or expect a certain number of trades before you can withdraw.
- Fees – Costs are an important factor when comparing brokers with MAM accounts. The fee structure will determine the amount of profit that will be taken by the fund manager. Ensure you are aware of all the charges involved with trading, including any commission fees per trade and a monthly/annual service charge. It is also important to determine whether a minimum investment amount is required. This could be anywhere from £100 to £50,000.
- Dashboard Interface – Access to an intuitive MAM account dashboard via a broker-dealer is important. You will want to be able to view the trading history of the fund manager, with real-time performance statistics. The interactive platform should also allow you to customise investment criteria.
- Customer Service – Contactable and responsive customer support is key when investing your money with a fund manager. Live chat or telephone may be the most appropriate method if any issues arise, particularly if you notice any performance slips.
- Assets – Is the fund manager able to invest in a range of asset classes via the broker on your behalf? This can be useful to protect investments against sector volatility and reduce risk. Having a choice of instruments is also useful if you wish to trade independently outside of your MAM profile. The Interactive Brokers MAM account, for example, provides trading opportunities across stocks, forex, funds, options, and futures markets.
- Security – Although you are investing through an experienced professional, profits are not guaranteed. Fortunately, the best MAM account brokers provide plenty of information about their listed agents. Pepperstone, for example, requires MAM account partners to have relevant qualifications and experience to be able to trade on their terminal.
Bottom Line On MAM Accounts
Brokers with MAM accounts offer a hands-off solution to online trading. They may be suitable for those who don’t have the time to source profitable investment opportunities, or who lack the experience to trade forex, for example. Key features to look for include minimum investment requirements, flexibility around changing criteria, and competitive funding terms.
See our table of the top UK brokers with MAM accounts to start trading.
FAQ
What Is A MAM Account?
MAM accounts allow professional money managers to trade on behalf of multiple clients simultaneously. They provide retail investors with the option to hand over trading decisions to an experienced investor, who in return takes a cut of the profits achieved.
What Are The Best MAM Account Managers In The UK?
Among the top-rated MAM account providers in the UK include Pepperstone, IG, and IC Markets. See our full list of brokers with MAM accounts for more options.
Are MAM Accounts Good?
Multi-account managers can invest in a variety of instruments to create a diverse portfolio. They also offer a hands-off approach to online investing for beginners and those with less time. With that said, profits are not guaranteed so traders should not risk more than they can afford to lose.
Are MAM Accounts Cheap?
Fees vary between brokers that offer MAM accounts. Typically fund managers will request a monthly or annual fee in return for their services which can be in the region of 1-20% of profits. Additionally, there may be a commission per trade executed.
How Do I Choose The Best MAM Account?
When comparing UK brokers with MAM accounts, focus on the past performance of the fund managers, plus their fee structure, trading term flexibility, regulatory status, and customer support. Alternatively, see our ranking of top-rated brokers with MAM accounts.