Best Brokers With LAMM Accounts
Lot Allocation Management Module (LAMM) brokers allow you to give part of your capital to fund managers who will invest on your behalf.
They differ from other popular managed trading accounts like PAMM accounts and MAM accounts in their method of allocation. Capital is denominated in lots, hence lot allocation.
LAMM accounts will suit hands-off forex traders who want a degree of control over risk – you can decide the number of lots to invest.
Best LAMM Account Brokers In 2026
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How Did DayTrading.com Choose The Best LAMM Account Brokers?
To compile a list of the best LAMM accounts, we looked at several key factors:
- We checked brokers offer a form of LAMM account. They are no longer supported by many brokers, who increasingly offer copy trading, PAMM accounts and MAM accounts instead.
- We prioritized brokers we trust. Safety and security are key when you are trading, but even more so if you’re trusting someone else to manage your funds. IronFX stands out as one of the few heavily regulated brokers to offer LAMM accounts.
- We investigated the fund manager reports available. This is important because the top firms provide access to skilled fund managers with reports that detail past performance, approach to risk and other key metrics, helping you decide who to invest your capital with.
- We selected brokers with a low minimum investment, that makes LAMM accounts accessible to beginners. Grand Capital offers one of the lowest account minimums among LAMM brokers, starting from $10.
- We evaluated the fees you will pay to invest using a LAMM account, as they partly determine your chances of making a profit and limit the amount you can make. RoboForex offers a form of lot allocation with competitive spreads and a 25% management fee that is charged on profitable positions.
- We chose brokers with customer service you can rely on following our tests that considered the coverage, speed and professionalism of support in dealing with our questions about LAMM account conditions.
What Is A LAMM Account?
A LAMM, or Lot Allocation Management Module, allows you to partition capital for a fund manager to execute your orders.
This allocation is done by a set lot size, so the manager cannot access your whole account.
Profits or losses are calculated in line with the lot size you select.
You can see exactly how it works in IronFX’s solution below.
How Are LAMM Accounts Different To Other Managed Accounts?
Other popular managed trading accounts include Percentage Allocation Management Module (PAMM) and Multi-Account Manager (MAM).
LAMM is very similar to PAMM trading, the difference being that in a LAMM account, you specify the number of lots to allocate, whereas in PAMM accounts you specify a percentage of your capital.
In MAM trading, a single master trader executes trades that are mirrored by all the MAM account holders, though these investors also have the option to set their own parameters and have some control over the account.
Bottom Line
LAMM brokers offer a form of managed account that allows you to provide a set number of lots for a fund manager to carry out trades on your behalf.
LAMM accounts take much of the work and required knowledge out of trading, as you can simply select a manager and let them do the work.
However, there is no guarantee that you will make money and finding a trusted broker with a strong pool of fund managers can be challenging.
That’s why we recommend using one of our highest-rated brokers with LAMM accounts that have been reviewed by our testing team.
FAQ
What Are The Advantages Of LAMM Accounts?
The main benefits of LAMM accounts are that you can spend less time trading and you can leverage the experience of seasoned forex traders, for example.
You also retain a degree of control because you can normally choose how many lots to invest and you can use multiple fund managers to spread risk.
What Are The Risks Of LAMM Accounts?
There is no guarantee you will make money using a LAMM account. This will depend on the skill of the fund manager you entrust your capital with, and the fees you pay.
Also, LAMM accounts are less popular than PAMM and MAM solutions, which are provided more frequently by regulated brokers.