You would not want to forget about investing at any time of year, as it is essential to prepare your portfolio, taking into account all the changes in FXOpen’s PAMM rating. More and more managers are joining the platform, and this PAMM overview will help investors navigate among their offers and choose the best ones to shape investment strategies.
There were 192 active managers with $2,908,613.00 on their FXOpen accounts in early May.
This manager has been trading for more than 1.5 years since August 2019. The maximum drawdown is still maintained at 26.38%, and trading is still conducted by short trades, which dominated in March. The maximum drawdown on transactions did not exceed 5.54%. Despite the impressive yield in February, the manager’s profit in March was more humble: +1.95%. At the time of writing the review, there is no floating drawdown. In the comments, investors are asking to open an offer with a smaller entry deposit, as for now, the minimum limit is at the level of 10,000 USD.
This rookie manager has been demonstrating impressive trading for four months already. The profitability is still high. For example, in March, Clip was able to demonstrate a 64.95% gain. Please note that investors are receiving 63% or more of the profits earned and there is no penalty for early withdrawal. In the middle of March, the maximum drawdown rose to 33.97% for a short moment, after which, however, the situation straightened out. The main trading pairs are EUR/JPY, AUD/CAD USD/CAD. It is possible to join the manager starting from 50 USD.
The account was opened on December 13, 2019. Since then, the manager shows a fairly stable yield with low risks. The maximum drawdown on the account during the entire time did not exceed 17.15%. The result is considered quite good for more than a year of trading. In March, the maximum drawdown was only 10.14%. However, the deposit load has increased to 4% during one day in March. During the last month, the manager has demonstrated a 12.18% gain. The manager successfully trades AUD/CAD, NZD/CAD, AUD/NZD. It is possible to join the account from 200 USD, the penalty for early withdrawal is only 5%.
This account was opened on August 26, 2020. The maximum drawdown is above the median — 57.03%. The profitability is also quite high. In March, they demonstrated a +8.49% gain, which added to almost 80% gain since the beginning of the year. The maximum deposit load did not exceed 11.75% last month, the maximum drawdown was only 4.4%. The main trading pair is EUR/USD. There is no floating drawdown at the moment of writing the review. The standard manager’s offer is a deposit of 500 USD with a 10% penalty for early withdrawal.
The account was opened in 2018. This PAMM account can be considered a long-liver even though this manager cannot be called conservative. There are moderate drawdowns, but the profit is generally decent. In March, the manager was able to demonstrate a +28.41% gain, which added to 35% since the beginning of the year. The offer is very accessible, you only have to deposit $50 or more, and there is no penalty for early withdrawal.
This long-living account was opened on March 26, 2014. Despite small periodic drawdowns, the account is very stable and shows a conservative yield. At the time of writing the review, there is no floating drawdown. On this account, an automatic advisor trades and trading is only one trading pair NZD/CAD. High drawdowns haven’t been observed for a long time, despite the instability in financial markets. You can join the manager with an amount starting from 1000 USD.
The account was opened on February 10, 2020, which means that it is more than a year old. The manager conducts conservative trading. And if there are rare small drawdowns, they are covered almost instantly. The maximum drawdown on the PAMM account only 9.02% for the entire period. In March, the deposit load did not exceed 3.55%, and the maximum drawdown for the month was 2.2%. The main trading pairs are GBP/USD and EUR/USD. It is possible to join the offer from 100 USD.
The trader has been ultra-profitable since November and does not permit serious drawdowns. Although March was not very profitable (+1.39%), April promises to bring some good news. Trading is conducted using only one instrument — #NDXm CFD. The account is notable for low deposit load: only 2% in March and the drawdown has not exceeded 17.4% for a single time. The manager works mostly with medium-term trades. It is possible to join the manager starting from 1 USD.
This manager has been trading crypto instruments since September 17, 2020. In March, such pairs as BTC/USD, ETH/USD, LTC/USD were used. The manager is trading quite aggressively. The maximum drawdown in March reached 61%. Last month’s profit was +20.71%. At the moment of writing the review, there is no floating drawdown, and all trades are closed. One can join the manager starting from $100.
This PAMM Crypto account was opened back in June 2018. Since the beginning of the year, there has been a positive trend, although in March there was almost no trading activity. In April, however, there are open trades. The main cryptocurrency pairs traded are BTC/EUR, BTC/USD, ETH/BTC. Since the beginning of the year, the profit was more than 100%. It is possible to join the manager from 100 USD.
It is important to keep in mind that even if you have formed an investment portfolio of stable PAMM managers, its roster should be reviewed to eliminate unprofitable accounts and engage new ones with more attractive characteristics. You can check the PAMM accounts rating on our website. We wish you all investment success in the Forex market!
PAMM is not available for clients of FXOpen EU and FXOpen UK or residents of Australia.