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Vantage offers a Multi-Account Manager (MAM) account designed for fund managers to efficiently manage multiple sub-accounts through a single master account. This account type is suitable for trading various assets, including forex, indices, shares, and commodities using CFDs on behalf of clients. Fund managers can benefit from commissions on trades, performance fees, and management fees. The MAM account allows for prorated profit-sharing and sophisticated fund allocation across different trading strategies, making it ideal for experienced traders who wish to be actively involved in investment decisions.
Sign Up: Begin by completing the online application form on the Vantage website to identify yourself as a trader. After submission, you will receive a link to continue the account opening process and a confirmation email.
Account Registration: Click on the individual link provided in the email to access the broker's website. Fill out the online questionnaire with your personal data, ensuring accuracy for account identification and insurance purposes.
Submit Documents: After completing the online application, upload the required documents in the client portal. For individual traders, this typically includes proof of identity (passport or drivers license) and proof of address (bank statement or utility bill). Legal entities may need to provide additional documentation.
Funding the Account: Once your account is approved, you can fund it by transferring money. Vantage accepts wire transfers only, and it's crucial that the name on the bank account matches the name on the brokerage account.
Trading: After funding, you can start trading. Vantage ensures that any withdrawal requests are processed promptly, typically within minutes on the same day or the next day.
For more details, visit Vantage MAM Account.
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