11/04 08:39

Overview of FXOpen's Best-performing PAMM Accounts of March 2024

With the onset of spring, one should notd forget about investing. Stability of earnings when investing your capital is the goal of any investor, and preserving and increasing investments and equity capital is the task of a trader. And all this happens in the context of political and economic instability in the modern world. This PAMM review will help investors make a choice according to their investment strategy in favor of the most promising FXOpen PAMM providers in March 2024.

FXOpen’s TOP-10 March 2024 PAMM Accounts

BFS

This provider opened an account on the FXOpen platform in May 2022. One can see a high level of maximum drawdown in the account, but it is worth noting that this happened almost a year ago, and now the trader is trading very carefully. In March, the drawdown did not exceed 1.88% with a deposit load of 0.89%. In March, 2.48% was earned. Trading is carried out only with the AUD/CAD pair. At the time of writing this review, there is a slight operating drawdown of 1%. One can join this manager for 50 USD, where 65% of the profit goes into the investor’s pocket, there is no penalty for early withdrawal.

ECNp20

This is one of the longest-serving PAMM managers on the FXOpen platform; the account was opened in January 2011. This PAMM may also appeal to fans of conservative trading, although it is worth noting that recently the manager has switched to moderate trading. In March, they earned 13.81% profit, and in February, they earned 55.39%. It is worth noting that the provider has many subscribers, and most of the transactions made are profitable. The trader offers a large number of offers to choose from and one has the opportunity to choose the right one based on one’s financial capabilities. One can start investing in this account for just $1.

Pandorum

For almost 4 years, this provider has been trading on the FXOpen platform with long-term positive account dynamics and stable profits. In March, the manager earned 3.78% with a maximum drawdown for the period of 1.11% and a deposit load of 14.12%. The manager trades with a moderate-aggressive strategy, but investors may be pleased with the stability of the account. As of April, there is a working drawdown of up to 1%. The main trading pairs in work: AUD/CAD, NZD/CAD, and AUD/NZD. The offer for investors is quite profitable: it is possible to join an account for 1 USD, there is no penalty for early withdrawal, the investor receives 65% of the profit amount.

haft8

This manager can be called one of the best on the site. The account has been open since April 2021. The manager has been trading for 3 years with positive results. In March, they were able to earn +11.17% with a maximum monthly drawdown of 16.6%. The majority of all transactions are closed with a profit. Pay attention to the Kalmar coefficient — it is 24.59, which means the increased efficiency of the Forex strategy. The trader trades only the EUR/USD currency pair. One can join the offer for 1,000 USD.

SuperSpeculativ

This trader is also considered to be very successful. Their trading account was opened in 2019. According to the account statistics, it is clear that over long periods of time it is quite possible to make money with this PAMM provider. In March, the trader earned 1.84% with a drawdown of 0.57% and a deposit load of 0.66%. It is important to note that in the last few months the manager has significantly reduced trading risks: over the past six months the drawdown has not exceeded 6%. Main trading pairs: USD/CAD, EUR/USD, EUR/GBP, USD/CHF. At the end of March there was no floating drawdown. One can join the account with a capital of 100 USD and receive 80% of the profit.

VESBOLTSemiHFT

This manager's account has been open on the FXOpen platform for almost 3 years. It may interest investors in conservative and calm trading with a low maximum drawdown. For three years now, the level of maximum drawdown has not increased and remains within 8.82%. In March, the trader earned +5.08% with a maximum drawdown of 2.11%. At the time of writing the review, there is no drawdown. The Kalmar coefficient is more than 18, which means increased efficiency of the Forex strategy. The provider's main trading instruments: EUR/CAD, EUR/GBP, AUD/CAD, EUR/AUD, AUD/USD. One can join an account with an amount starting from 1,000 USD, the investor can earn 75% of the profit received, there is no penalty for early withdrawal.

ProInvesting

This manager is interesting because they traded with positive results throughout 2023. March 2024 was not very successful for them, but let’s note that the maximum account drawdown does not exceed 18.04%, the deposit load remains at 7.40%. At the same time, the Kalmar coefficient is 11.74, therefore one can expect the account to be restored and make a profit. The trader's main trading pair is EUR/USD. The minimum amount to join the account is 1,000 US dollars, the investor can receive 81% profit. There is no penalty for early withdrawal. At the time of writing this review, there is a working drawdown observed.

Scalp

Investors have long paid attention to the stability of this manager's trading in past periods. They trade with low risks (the maximum drawdown remains at 20%), and despite a slight decline in profitability, their strategy is profitable. In March, the manager earned +4.50% in the account's treasury, but there is a small working drawdown. The percentage of positive transactions is 71%. Main trading pairs: EUR/AUD, GBP/CAD, and CHF/JPY. The minimum investment amount is $100.

kwarst

This provider's account has been open with FXOpen for over 4 years. It can be considered a long-liver. During this period, the account demonstrates positive trading results on the site. It is worth paying attention to the maximum drawdown on the account — only 14.50%. Over the past year, the drawdown did not exceed 7%. The main features of the manager's trading activities include low risks, low deposit load, conservative and stable income. It is worth noting that most likely trading is carried out with the help of a trading advisor, and the main trading pairs are EUR/USD, AUD/USD, GBP/USD. One can join this manager with an amount of 100 USD or more; there is no penalty for early withdrawal.

FXLionCross

FXLionCross is another long-lived manager on the FXOpen platform. They have been trading since 2014. They can safely be considered a trader with conservative trading, despite the inflated drawdown rate. But over the past six months the drawdown has not exceeded 12%. Presumably, the manager’s trading strategy is based on an averaging algorithm, but this does not prevent them from closing each year with a positive result. The trader prefers to trade only the NZD/CAD pair. At the time of writing this review, there is a slight operating drawdown observed. One can join this manager for 1,000 USD.

PAMM accounts aren’t available to FXOpen EU and FXOpen UK clients. PAMM service is available for FXOpen AU clients subject to provision of respective permissions or authorisation by the clients.