PAMM accounts

PAMM accounts

Trading terms for PAMM accounts

PAMM account (PAMM — Percentage Allocation Management Module) is a special trading account based on trust management. Managed account (PAMM) enables a professional trader to manage funds of many investors on one live account. 
PAMM account consists of unlimited Managed accounts, representing an independent and unified trading structure, which is controlled only by the Manager of the PAMM account.

PAMM service keeps each Investor’s account records individually and the gains and losses are automatically distributed by FXOpen between the Manager and the Investors on a percentage basis.
PAMM account is advantageous for Investors because they can receive potential profit and do not need to trade themselves, and for Managers it is advantageous as they receive remunerations for managing accounts of Investors. 

Available to clients of FXOpen AU and FXOpen Markets only.

FXOpen Markets supports 3 types of PAMM accounts: PAMM STP and PAMM ECN.

While FXOpen AU offers PAMM ECN account, at the moment.

FXOpen MT4 based accounts offer flexible and transparent trading environment for Money Managers, as well as attractive investment opportunities for Investors.
Find out in more detail on accounts the company supports: FXOpen PAMM Markets and FXOpen PAMM AU.

Minimum Master Capital required to open a PAMM Account

Minimum Deposit for Investors depends on the PAMM Manager Offer conditions.

Manager’s Capital is determined by the following requirements: 

AccountTo create a PAMM account:To create a Manager's offer:
PAMM STPUSD 200; EUR 200.USD 200; EUR 200.
PAMM ECNUSD 1,000; AUD 1,000; EUR 1,000; GBP 1,000; CHF 1,000; JPY 100,000.USD 1,000; AUD 1,000; EUR 1,000; GBP 1,000; CHF 1,000; JPY 100,000.

The minimum Master Capital for a PAMM ECN opened with FXOpen AU. 

AccountTo create a PAMM account:To create a Manager's offer:
PAMM 
ECN		USD 1,000; AUD 1,000; EUR 1,000; GBP 1,000; CHF 1,000; JPY 100,000.USD 1,000; AUD 1,000; EUR 1,000; GBP 1,000; CHF 1,000; JPY 100,000; RUB 30,000.

On PAMM account it's allowed to use Scalping, Hedging, Phone Dealing, and Expert Advisors as well. 

Read FAQ for getting more information on Forex trading.

Investment account

Investment account is a special account type used by Masters and Followers on on the FXOpen PAMM Service and FXOpen PAMM AU Service. 

It works as an intermediary account between the Main account and PAMM service for assigning funds and withdrawing profits. This is not a trading account, so there is no password for it.

You can open one Investment account per each currency available in the Client Portal. If you would like to join two Offers within the same PAMM account, open two Investment accounts in different currencies.

  • If you are a Master: Use your Investment account to open a PAMM account, assign funds and withdraw profits.
  • If you are a Follower: Use your Investment account to join a Master’s PAMM offer, assign funds and withdraw profits.

To open an Investment account

  1. Select Add Account → Investment in the Client Portal. Accept PAMM Service Terms and Conditions, and then click Next.
  2. Account currency: Select the account currency. The currency of your Investment account must match the currency of the PAMM account that you want to open or join.
    Agent: If you were introduced to the Company please state the agent’s account number (optional).
    Click Next.

The list of your Investment accounts is displayed on the left of the Client Portal, under Investment.

To make a deposit to an Investment account

Use any payment option available in the Add Funds menu in the Client Portal to make a deposit to your Investment account.

To transfer funds to/from an Investment account:

Select Transfer → Between my Accounts in the Client Portal menu to transfer funds to/from your Investment account.

To withdraw funds from an Investment account, first transfer them to Main account, and then select the payment option in the Withdraw Funds menu.


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