Congratulations to all on the beginning of warm May days and May holidays. Of course, during the active phase of spring, the desire to actively engage in troublesome financial affairs fades, but capital requires attention and composure. Therefore, when forming your investment portfolio even on such days, it is important to take into account the ongoing changes in the FXOpen PAMM rating. The number of providers that you can include in your portfolio is growing, and the latest PAMM review can help you figure out which accounts will be the best for your investment strategy.
As of May 2023, 116 PAMM accounts are opened at FXOpen for a total of 1,657,549.00 USD.
FXOpen’s TOP-10 April 2023 PAMM Accounts
This manager opened a EUR account with FXOpen in September 2022. They trade confidently and with a predominantly positive result, therefore the account is considered promising for an investment portfolio. Over the life of the account, the maximum drawdown is at a conservative level of 11.90% with a deposit load of 7.4%, which indicates very low risks. In April, the yield was 2.97% of profit. The trader is focused on only one currency pair, EURUSD. By the time of writing the review, there is no drawdown.
Another manager who has been demonstrating excellent results since the start of trading on the FXOpen site in May 2022. They have successfully started 2023 and have been pleasing investors with profit for 4 months. The maximum drawdown is kept within the range of 12.68%, loading has reached 7.04%. In April, they were able to earn +10.44%, which can be called an excellent result compared to the previous month. BFS trades only the AUDCAD currency pair. By the time this review was written, the working drawdown on the account was 0.37%. One can join the manager for 50 USD, there is a small penalty for early withdrawal in the amount of 5%.
The activity of the provider on the FXOpen site began in September 2022 and continues to please investors with positive trading results. The maximum drawdown on the account is still at 10.28% with a deposit load of 13.95%. These indicators are considered very good and indicate accurate trading and minimal risks. In April, the profit was 11.33% with a maximum drawdown of about zero. In April, the trader traded only gold (XAUUSD) and the USDJPY currency pair. One can join the manager for 200 USD.
This provider has been trading at FXOpen since February 2020 and is considered a long-liver with positive trading results. The maximum drawdown since the opening of the account remains at the level of 14.50%. The main features of the manager's trading are known: low risks, low deposit loading, conservative and stable income. In April, +2.72% was earned with a maximum drawdown for the period of 3.80%. 71% of transactions have been closed with a positive result. The trader trades a large number of currency pairs, but the main ones are EURUSD, AUDUSD, GBPUSD. One can join the manager for 100 USD or more without an early withdrawal penalty.
One of the oldest managers on the FXOpen site, having been trading since March 2014. In April, they were able to earn 2.65%, which indicates a conservative trading style with low risks. The floating drawdown in April did not exceed 2.24% with a deposit load of about 4.89%. In trading, they use only the NZDCAD currency pair. At the beginning of April, there is no floating drawdown on the account. It is worth noting that the manager's weeks rarely close in the red. One can join this account for 1,000 USD.
This manager has been trading since June 2020. Their trading style can be described as working with moderate risks and high returns. But it is desirable to enter the account after a drawdown, as a rule, after an unsuccessful period, the trader shows a good result. The maximum drawdown since the opening of the account did not exceed 28.52%. April brought the investor 1.85% profit. And by May 1, no floating drawdown was observed. Trading is carried out only in three currency pairs: AUDCAD, NZDCAD and AUDNZD. An investor can join this manager for 1 USD.
The account was opened more than 2 years ago and all this time the investors have been pleased with the positive dynamics of trading. Since the beginning of 2023, the provider has been successfully leveling trade. In April, earnings amounted to 21.47%, covering the previously formed small losses. As of May 1, there was no floating drawdown on the account. Trading is carried out only with the EURUSD pair. It is possible to join this manager for 1,000 USD or more.
This manager has been trading since August 2021. The account attracts with positive results at low risks. The maximum drawdown on the account remains at the level of 21.74%, the deposit load is 21.92%. In April, the profit was 1.38% with a deposit load of about 0.36% and a maximum drawdown of 1.51%. Trading is carried out in a large number of currency pairs, the main ones being GBPUSD, EURUSD, EURCAD and AUDCAD. Note that after each negative week, a long positive period begins. One can join the account for 1,000 USD or more without an early withdrawal penalty.
The account has been trading since March 2022. Judging by the trading statistics, this provider trades according to an averaging strategy, but with a positive result and controlled low risks. The maximum drawdown is still at 10.58%. In April, little was earned: 1.38%. The maximum drawdown was 3.33%. By May, the account situation is stable, there is a small working drawdown of 0.63%. It is possible to join this PAMM account for 10 USD. The early withdrawal penalty is 25%, but the higher the amount, the lower the early withdrawal penalty.
This provider opened an account with FXOpen in early 2023 and has been showing good trading results every month. Since the beginning of the year, the account has earned 13.66%, in April +2.03%. The maximum drawdown on the account is kept at the level of 8.10%, the deposit load is 11.06%. The provider trades one pair, USDCAD. Weekly trading statistics are interesting: after a negative week, a long period of positive trading continues. One can join the manager for 500 USD.
In this review, we have looked at the 10 most profitable PAMM providers that you should pay attention to as an investment in May.
Remember that there are no drawdown accounts, but it is important to diversify your investment portfolio. We wish you the best of luck with your investments!
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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.