This summer FXOpen extends its PAMM promotion and keeps the minimum capital required to open PAMM STP and PAMM ECN at reduced levels until September 1, 2015.
Since the launch of the PAMM service in 2009, FXOpen has introduced multiple changes to trading conditions and implemented new technological solutions to ensure a stable, profitable and secure PAMM operation for Masters and Slaves alike.
FXOpen PAMM Providers can have unlimited number of Slaves and create multiple Offers with different parameters. PAMM Investors have full control over funding and withdrawing. Additionally, Slaves can switch from one Offer to another within the same Account thanks to the Offer Migration procedure. Our system of extended analytics includes advanced options such as intraday equity reports with updates every minute.
Recently, FXOpen introduced new minimum transaction size in ECN and a shorter trading interval in PAMM. The reduced minimum lot of 0.01 means less financial risks for both PAMM Masters and Slaves. New shorter trading interval of seven days allows Slaves to withdraw their deposit and profits in just a week. After seven days, Master Fee is calculated and all profits are automatically allocated.
As part of ongoing efforts to create and maintain the most stable and profitable PAMM service, FXOpen extends the offer for PAMM Providers. Prior to this incentive, the minimum capital required to open an account was US$1,000 in PAMM STP and US$5,000 in PAMM ECN.
Now you need to make a deposit of just US$200 to open PAMM STP and US$1,000 to set up PAMM ECN. After adding the required funds, you can create Offers, generate profits and receive the Fee and Commission for providing other traders with your strategy.