Since the launch of FXOpen PAMM service in 2009, we have been consistently improving it to ensure stable, profitable and secure environment for PAMM account owners and their Investors. FXOpen has recently reduced the minimum capital for PAMM Masters (traders who provide PAMM Offers to Investors). Now we would like to offer Investors some useful tips on how to subscribe to copy trading from PAMM Master accounts.
Investors (referred to as “Slaves” in PAMM terminology) can join multiple offers from different Masters. FXOpen provides PAMM account rating to help you make the investment decision. There you will see a list of all PAMM Master accounts with their key financial parameters, including total gain and maximum drawdown. To be even more meticulous, just click on the name of any PAMM account and view charts detailing every trade made in that account.
Slaves can switch from one Offer to another within the same PAMM account using the Offer Migration procedure. Our system of extended analytics also includes advanced options such as intraday equity reports with real-time updates.
A new shorter trading interval of seven days allows Slaves to withdraw their deposit and profits in just a week. After seven days the Master Fee is calculated and all profits are automatically allocated to the Master and the Slaves in proportion to their shares in the PAMM account.
PAMM Investors have full control over funding and withdrawing.
To join a PAMM as a Slave you need to:
- Open an Investment Account
- Fund your Investment Account via the My FXOpen area
- Choose a preferred Master via PAMM Account Rating and subscribe to automatic copying of the Master’s strategy