January and New Year’s holidays are over, and the daily routine goes on. Now it is important to achieve stability when investing your savings. February is not a long month by the number of days, and the main challenge is to choose the right investment portfolio so that PAMM managers can show a positive result in such a short period. Read about how FXOpen top PAMM managers performed in January 2021 in our latest review.
As of 01.02.2021, the investments amounted to 1,653,430 USD on 165 PAMM accounts.
This is a proven PAMM manager, who opened their account back in October 2018. They demonstrate high profitability and the ability to get out of difficult situations mainly due to their experience and the selected trading instrument EUR/USD. The manager tries to avoid high risks, but lately the maximum drawdown is quite high — in January, it reached 55.95%. The manager trades with a leverage of 1:100. In January, the profit was +8.25%.
This manager has been trading with FXOpen since September 2020 and shows very positive statistics with almost no weekly drawdowns. Trading is conducted by short-term trades. The main instrument is EUR/USD. In January, the manager earned +21.61%. You can join the account with USD 500 or more.
This is a conservative manager who trades very cautiously. The PAMM account was created back in January 2011. The account is still successful and has the largest number of subscribers on the website. One should not expect much profit from it, but in a year, the investor can get their stable interest, which is usually higher than that offered by many banks. In January, the manager earned only +0.60%, but over the last year, the profit amounted to 12.92%.
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These are accounts of one manager, opened back in April 2018. In 2020, their trading has significantly improved. It was especially noticeable at the end of 2020 and the beginning of 2021. The instruments are the same on both accounts, but the first account is opened in USD and the second in mBTC. For each account, the trader keeps a different level of drawdown and deposit load. Earnings in January were 87.21% and 47.98% respectively. The manager conducts both manual and automated trading, while the entry points are only picked manually. The main trading instruments in January were ETH/EUR and ETH/USD. It is possible to join the manager with the amount starting from 100 USD.
The manager opened their PAMM ECN account in October 2019 in USD. At the beginning of the year, the account was very conservative. Possibly, the trader did not want to take risks during the thin market period. As a result, the manager was able to make a 0.79% profit in January. Only #NDXm is used in trading. In February we can already see positive results. At the time of writing the review, the profit was more than 10%. You can join the manager with just 1 USD.
The account of this manager will soon be a year old and it still has positive trading dynamics with maximum drawdown not exceeding 7.30%. The main instruments are cross pairs, which are traded intraday and no more than 3-4 trades a day. Recently, the manager has significantly reduced the risks, so the gain is not high. In January, the income was 0.75%. It should be noted that the manager did not trade in January for some time due to the thin market.
This manager is still a newcomer but has already managed to establish their account as a promising one. They have been trading since December 2020. The main trading pairs are EUR/JPY, USD/CAD. The gain in January was 72.79%, even though the maximum drawdown on this account didn’t exceed 15.08%. You can join the manager from 50 USD and withdraw funds at any time without paying a fee. Judging by the profitability and low level of drawdown, this account might be considered as an investment opportunity.
This is quite a stable account, which has been operating for more than 6 months. The maximum drawdown for the entire period was only 17.15%. The gain in January was only 0.66%. The maximum drawdown did not exceed 1.27%. In February, the manager continues to increase profitability. It’s possible to join the account with a minimum amount of 200 USD.
This account of PAMM Crypto type was opened in September 2020 and has already managed to demonstrate positive trading dynamics. The account can be considered aggressive because the earnings are high, but accompanied by high risks, high deposit load, and frequent drawdowns. In January the earnings amounted to +43.93%. There were no high drawdowns. The maximum drawdown was recorded on January 21 and amounted to 11.21%. The main trading instruments in January were BTC/USD, ETH/USD, XRP/USD.
It is possible to join the account with an amount of 100 USD or more.
Summing up the results of January, we can conclude that the first month of 2021 was profitable for many managers. The information from our review aims to help you open a PAMM account with a proven broker.
PAMM accounts are not available in all jurisdictions.
PAMM is not available for clients of FXOpen EU and FXOpen UK or residents of Australia.