Winter has finally receded, but don’t let the springlike warmth distract you from investing. Our advice is that investors always take care of their portfolios, with the latest changes in the FXOpen PAMM rating in mind. The number of providers on the site is gradually increasing, and the purpose of this PAMM review is to help investors choose what best suits their needs depending on their investment strategy.
As of the beginning of April, there are 145 active PAMM managers on the FXOpen platform, with a total investment capital of $2,795,856.00 (USD).
This provider registered their account on 08-26-2020. Despite the fact that the maximum drawdown on the account is above average at 57.03%, its profitability is pleasing to investors, since it has been observed at a fairly high level for a long time. In March, the profit was +5.78%. The maximum deposit load for the last month did not exceed 3.68%, the maximum drawdown was only 3.82%. Trading is carried out only in EUR/USD. At the time of writing the review, the floating drawdown is insignificant, only 0.5% due to open trades. The standard offer of this provider is 500 USD, with a 10% penalty for early withdrawal.
One of FXOpen's older accounts, registered on 01-05-2016. By 2022, we can see that this provider has been trading steadily. In March, the profit was 2.02%; we expect April to also be a profitable month. The deposit load in March could be considered quite impressive, but this is true only for the beginning of the month. The maximum drawdown did not exceed 17%. At the time of writing the review, no floating drawdown is observed.
This provider has been trading on the FXOpen platform for almost 2 years. The maximum drawdown has yet to exceed 17.56%. In March, this trader was able to earn +10.73% with a deposit load of 4.38% and a maximum drawdown of no more than 5.67%. They tend to trade various currency instruments, most often cross-pairs. Weekly returns are most often positive, but drawdowns, if any, are quite conservative. You can join this provider with a minimum of 50 USD.
This provider has been with FXOpen for over 2 years. Their trading stands out for its stability and profitability, which is why the account is in demand among investors. The deposit load is gradually growing. The trader confidently trades for long periods of time while maintaining a conservative maximum drawdown within 17%. In March, the maximum drawdown did not exceed 5.69%, while the profit was 6.34%. The main trading is carried out in AUDNZD, AUDCAD, and NZDCAD. You can join this provider with a minimum of 200 USD.
One of FXOpen's most experienced providers, having been active since 2019. The maximum drawdown on the account at the time of writing is only 8.20%. The account is being used for long-term trading in both main and cross pairs. In March, this provider earned +3.91% profit, while there was no drawdown on the account at all. You can join this provider for a minimum of 50 USD.
We wouldn’t call this provider a novice, since they’ve been trading on our platform for over a year already (the account was launched on 09-11-2020). In 2021, this provider earned 56.60% in profit. March was quite profitable for the trader, with 17.66% — and almost 70% since the beginning of the year. Last month, the drawdown did not exceed 10%. This provider's style can be described as moderate, and the capital is gradually increasing. The trading leverage is set at 1:100. The minimum investment amount for this account is 250 USD, with a small penalty for early withdrawal at 5%.
New to our rankings but not new to trading, showing fairly stable results. This trader has been active since 03-08-2021, that is, this March, the account turned one year old. Interestingly, the account currency is EUR. The maximum drawdown reached 45% with a maximum deposit load of 20%, but that occurred just twice in December and January, after which the trader significantly reduced the risks. In March, the trader was able to earn 45.31%, reaching this level more than once. All of this allows us to conclude that this provider prefers an aggressive style of trading. The minimum investment amount to join this account is 100 USD.
The stability of this provider's trading is enviable. Despite the fact that do experience drawdown periods, this provider's style is conservative. In 2021, we can hardly call their trading stable, but since the end of 2021, a positive period has begun for them, with the provider yielding profit with no significant disadvantages. In March, conservative trading was conducted with minimal drawdown (did not exceed 1.48%) and deposit loading. Last month’s profit was 2.63%. The minimum investment for joining this account is 20 USD, and we consider the offer to be quite delicious: the investor receives 75% of the income on the account.
This provider commands a euro account, having registered it on 04-22-2021. Since the beginning of the year, tahy have not ventured in the red zone, and the profit for this period was 26.76%. In March, an income of 8.13% was recorded. Trading is carried out mainly in EUR/USD. The maximum all-time drawdown was 32.61% — it has not changed since the registration date. Periodically, a decent deposit load can be observed, and an increase in drawdown up to 25%. At the time of writing, there is a small floating drawdown around 2.4%, but it continues to decline. The minimum amount of investment is 1,000 USD.
This provider has been trading on the FXOpen platform since 05-12-2018. At the moment, this trader is experiencing some difficulties, as a streak of bad luck has come since the beginning of the year. But in March, this provider was able to neutralize the minus and become profitable. In March, +12.99% was earned. At the time of writing the review, a floating drawdown is observed, albeit with a minimum deposit load. We would advise FXOpen traders to add this provider to their watchlist. They most often trade AUDNZD, AUDCAD, NZDCAD, EURAUD, EURNZD, AUDCHF. Trading on this account is carried out with a leverage of 1:300.
This was a selection of the most active, stable and profitable FXOpen PAMM providers. Keep an eye on profitability and drawdown levels, and be sure to diversify your investments.
We wish you the best of luck with your trading.
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PAMM is not available for clients of FXOpen EU and FXOpen UK or residents of Australia.
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.