Although the winter is over, the early spring has not made things much brighter around the world. However, PAMM account managers continue to trade actively, adapting their strategies to the changing market. Investors’ goals are still the same — they want to invest their money in the most promising PAMM accounts with minimum risk and maximum profit.
On March 1, 2021, FXOpen launched a new round of “Money Managers” competition, where participants can not only show their skills in PAMM account management but also win up to 5,000 USD in prizes. Registration is open until May 1.
TOP-10 FXOpen PAMM Accounts in February 2021
The manager has been trading with FXOpen for more than two years and has been quite successful, showing positive dynamics throughout the whole period. Since the beginning of the year, the profit on the account amounted to almost 200%. In February, a gain of 9.39% was recorded. The trader trades mostly major currency pairs. Moderate drawdowns are frequent. In February, the deposit load was not more than 15%. At the moment of writing this review, there is no floating drawdown but gained positions are present. It is possible to join this PAMM account for only 50 USD.
The manager has been trading for more than two years since the end of 2019. The maximum drawdown was only 17.15% and has been at the same level for a long time. The gains were +3.26% in February and almost 10% since the beginning of the year. The deposit load in February did not exceed 11%. The trader successfully trades AUD/CAD, NZD/CAD, and AUD/NZD currency pairs. It is possible to join the account for 200 USD or more. The penalty for early withdrawal is only 5%.
This manager has been operating on the FXOpen platform since 26.08.2020, i. e. for more than half a year. Their earnings are stable: moderate profits and low drawdowns are observed on the account. In February the manager managed to show 35.85% profitability. The maximum drawdown during the month did not exceed 7%, while the deposit load was about 22%. Only EUR/USD currency pair is being traded. At the moment of writing this review, there is no floating drawdown. You can join the manager for 500 USD or more.
The manager has been trading on the platform for a long time. This account is interesting because it is open in mBTC. In February the profit was 9.07%. There is no floating drawdown at the time of writing the review. The trader trades both manually and automatically and tries to find entry points independently. The main trading instrument in February is ETH/BTC. It is possible to join the manager with an amount starting from 100 USD.
The manager is one of the old-timers on the site. The account was opened in March 2014. They trade using conservative Expert Advisor settings. Small profits are compensated by small drawdowns. This manager attracts larger investors with a minimum amount of 1,000 USD. In February, the profit was 1.52%. The deposit load has not exceeded 2% since the beginning of the year. There is a conservative floating drawdown in February.
This account was opened in EUR in August 2019. Trading is mostly conducted in short trades, the manager holds positions for weeks and months only on occasion. Throughout the account’s history, the maximum drawdown has not exceeded 26.38%, and in February, the maximum drawdown was no more than 12%. As for trading, it may be characterized as moderate, although the profit may be quite aggressive. In February, the profit was 143.08% and over 300% for the whole period of account existence. It is possible to join the manager starting from 1,000 USD.
This newcomer has been trading since December 2020 but has already managed to prove itself with increased returns. The main trading pairs are EUR/JPY, AUD/CAD, and USD/CAD. February returns amounted to 36.73%, while the drawdown did not exceed 5%. You can join the manager from 50 USD and withdrawal is possible at any time without penalty. The account is interesting due to its profitability and low drawdown.
This account is three months old, but we can already observe positive dynamics. The maximum drawdown since the opening date was only 8.31%, a value which was not exceeded in February. The return in the last month was only +3.53%. There are no open trades at the moment of writing the review. The manager trades various pairs, including crosses and longs, but in singles and short trades. You can join the account with a minimum of 1000 USD, and there is no early withdrawal fee. There is a 25% drawdown limit on the account.
The manager started trading in FXOpen in November 2020 and is already showing positive dynamics. The trader earned 4.80% in February. The maximum drawdown since the account opening was only 6.09%. The trader trades a variety of pairs. In February, the trader mostly used USD/JPY, EUR/USD, EUR/CAD, NZD/USD, and USD/CHF. You can join the account with 100 USD or more. There is no penalty for early withdrawal.
This manager is another newcomer to the platform. The account has recently been opened, the maximum drawdown is only 9%, while the profit is 26%. They mainly trade EUR/USD and sometimes gold (XAU/USD). In February, the manager earned +10.78%, and the positive trend continues in March. There is no floating drawdown at the moment of writing the review. It is possible to join the manager with an amount starting from 1000 USD.
These were the top ten most promising accounts in February 2021. You can find a more detailed PAMM account rating on our PAMM service website. Remember that there is no such thing as a drawdown-free account, although we wish all investors to experience as few drawdowns as possible. May each of your investments be a success!
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This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.