13/05 14:50

FXOpen Leading April 2021 PAMM Accounts Overview

It’s May 2021 already, so it’s high time we took a look at where we ended up in April. Our latest review of PAMM accounts is meant to help investors navigate the rating of FXOpen’s PAMM account managers and form their portfolio by choosing what’s best for them based on profitability and outlook reports.

As of now, 160 manager accounts have been registered with FXOpen, with the accumulated investment capital in the amount of US$2,912,991.00.

FXOpen in April 2021: TOP 10 best PAMM account managers

kwarst

A relatively new trader who has been a FXOpen PAMM account manager since February 2020. Their account is over one year old and has been demonstrating positive dynamics for quite a while, earning the trust of fellow investors. kwarst leans towards conservative trading, and, as of recently, it’s been especially noticeable that this trader does not like to risk. In April, their maximum drawdown did not exceed 2%; and, according to our stats, the all-time drawdown was only 9.02%. This provider’s main trading pairs are GBPUSD and EURUSD. In April, kwarst’s earnings were pretty modest, just +1.92%, but the account is notable for its stability. You can join the offer for the minimum deposit of $100.

FastWay

This PAMM account manager registered their account on the FXOpen platform in December 2019. Since then, they have demonstrated commendable stability in profit-making with relatively low risks. In April, the maximum drawdown for this PAMM account manager did not exceed 7%; the maximum drawdown for the entire activity period is yet to exceed 17.15%. The load of the deposit does periodically increase, but then decreases rapidly. In April, for example, the maximum load was at 22%, with 2.97% in earnings. This PAMM account manager successfully trades the AUDCAD, NZDCAD, AUDNZD currency pairs and holds long positions. The minimum deposit to join this provider is $200, the penalty for early withdrawal is set at 5%.

Sensei

This provider opened an account with FXOpen in late August 2020. Their maximum drawdown level is above average at 57.03%, but, as you can see, the profitability is also quite high. In April, their earnings amounted to +8.49%, and since the beginning of the year, the profit has exceeded 80%. The maximum loading of the deposit in April was no more than 5%, and the maximum drawdown was less than 0.5%. Also, one should note a significant risk reduction. In April, this manager traded only for a couple of days. Their main trading pair is EURUSD. At the time of writing this review, there is no floating drawdown observed. This provider’s usual minimum deposit is $500, with a 10% penalty for early withdrawal.

nepgusd

This crypto PAMM account was launched back in June 2018; since then, nepgusd has been demonstrating their aggressive trading style with stable returns. In April, they were able to yield 70.71% but couldn’t prevent a high deposit load and a floating drawdown up to 23%. A positive trend in their trade has been observed since the beginning of the year. April was a rather active month for this manager: lively trading with multiple open deals. Since the beginning of the year, this PAMM account manager’s yield has exceeded 300%. You can join them for $100.

IPFx2 and IPF

These are accounts of the same trader, with the only difference being in risk levels. The IPFx2 account is trading more aggressively with a higher deposit load, while the IPF account is more conservative. The trading tactics, however, are the same, judging by the chart. At the beginning of the year, this trader had been trading very conservatively, but the situation changed in April: one can already see the moderate profit. IPFx2 April’s yield amounted to 11.13%, 6% for the IPF account. Only one CFD instrument is traded, #NDXm. This manager tends to work with long-term positions. You can join them for just $1.

CryptoSits

This manager has been trading since September 17, 2020, and exclusively in cryptocurrencies within their PAMM Crypto-type account. In April, they traded in BTCUSD, ETHUSD, LTCUSD pairs. CryptoSits’ trading style is pretty aggressive, with trades being held for 3-4 days on average. The maximum drawdown in March reached 47% but quickly declined during the month. Profit for the last month was +38.13%. At the beginning of May, there was no floating drawdown and all trades were closed. You can join this provider starting at $100.

Pandorum

Made their FXOpen debut fairly recently and are already demonstrating promising statistics. The maximum drawdown on the account was 28.53%, the yield levels are closer to conservative-moderate. In April, the profit was 4.53%, and drawdowns in weekly yield have not exceeded 10% for a long time. The main pairs for trading are NZDCAD, AUDNZD, AUDCAD. You can join the manager with just $1.

LuckyBlack

FXOpen’s newcomer who has already attracted our attention thanks to high profitability and low drawdowns. Truth be told, this manager has had several months in a row where they were in the red, but the losses were not too significant and the subsequent profit was more than enough to cover them. In April, this manager was able to earn 24.05% with a maximum drawdown of 14%, which quickly declined by the middle of the month. Unfortunately, this trader’s reporting is not publicly accessible, but what we do know is that they’ve only had five open transactions so far, which they are working with long positions. You can join the manager with just 1 USD.

Kraken

A constant presence on the FXOpen platform since 2016. The maximum drawdown on the account still holds at the level of 13.8%. In April, this PAMM account manager earned 2.38%, which is quite a notable result for this account. In February 2021, the account nosedived a bit but has recovered since then. The minimum deposit to join is only $10.

It is important to bear in mind that even if you have already formed your investment portfolio with stable PAMM accounts, you shouldn’t forget to revise it periodically, getting rid of unprofitable accounts and subscribing to new ones that boast more attractive characteristics. We wish everyone success with their Forex trading!

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