MAM and PAMM option for US Traders

Discussion in 'Forex' started by PermaBare, May 8, 2020.

  1. PermaBare

    PermaBare

    I'm looking to manage a few forex accounts for family and friends.
    Are there any regulated brokers that accept US clients and offer MAM or PAMM accounts?

    The regulatory status of these accounts seems like a bit of grey area? MAM and PAMM accounts are legal in the US right?
     
  2. redman

    redman

    It's referred to as" friends and family" accounts. Usually limited to about 10 I think. With account size limits of 100k max. Haven't looked into it in years.
     
  3. PermaBare

    PermaBare

    Yeah that's what they call them on Interactive Brokers. I'm looking for an equivalent from a US forex broker.
    I've found some international brokers that offer MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts, but none so far that accept US clients.
     
  4. redman

    redman

    Try amp futures
     
  5. redman

    redman

    or ninjatrader brokerage. they have or had a deal going thru oanda.
     
  6. PermaBare

    PermaBare

    Checking them out, thanks!
     
  7. PermaBare

    PermaBare

    I couldn't find any mention of it on their site; but will shoot them an email and ask.
    Thanks
     

  8. Let me know if you find any
    Iam looking for the same here n there n some times
     
  9. p0box4

    p0box4

    I think ATC brokers offers such services and is available for US residents.
     
  10. PermaBare

    PermaBare

    #10     May 9, 2020