FXOpen’s TOP-10 July 2022 PAMM Accounts
The better part of the summer has already passed, but the PAMM trading process goes non-stop, delighting investors with new positive results. We would like to focus on those accounts that are still stable and profitable for their subscribers.
As of August 1, 2022, 141 active accounts have been opened at FXOpen, and 2’427’960.00 USD of subscribers’ funds have been invested, according to Investflow monitoring statistics.
FastWay
FastWay's account will soon be 3 years old. This provider trades quite successfully and profitably, attracting more and more investors with their stable results. Since the beginning of the year, there has not been a single drawdown in a month, and those that happened in a week did not exceed 6%. The maximum drawdown is kept at the level of 17.23%. 75% of the 1920 trades for the entire trading time are profitable. The statistics can be called almost ideal for an investor. In July, +7.27% was earned on the account, and the maximum drawdown did not exceed 12.61%; the deposit load remained at the level of 23%. As of August, there is a small working drawdown of less than 1%. One can join this provider for at least 200 USD, and the penalty for early withdrawal is 5%.
Pandorum
Pandorum's account has been active for over 2 years. Since the launch of the account, the maximum drawdown has not fallen below 28.52%. Since the beginning of 2022, there has not been a single month in the red, and for the last six months, the weekly profitability has been pleasing, and the drawdown has not fallen below 12%. In July, 9.79% was earned. In July, the maximum drawdown did not exceed 3%, and the deposit load was at the level of 14%. As of August, all trades are closed, there is no floating drawdown. The main trading pair of this manager is AUDCAD, but NZDCAD and AUDNZD are also sometimes traded. One can join the offer with an amount of 1 USD. The investor can earn 65% of the profit. There is no early exit penalty.
PierstageCapitl
PierstageCapitl has been trading on the FXOpen platform since the beginning of 2022; the account itself was launched in November 2019, but the statistics upload starts on February 16th. The manager is showing good results: since the beginning of the year there has not been a single month with negative statistics, and the weekly yield has not fallen below 6%. In July, little was earned — just 0.99%, but the maximum drawdown did not exceed 1.84%, and the deposit load was observed no more than 4.69%. Main trading instruments: GBPUSD, AUDCAD, AUDNZD. The account is suitable for large investors since one can join with an amount of 10,000 USD or more.
hyBrazil
hyBrazil is an account for those who want a conservative profit. It is also necessary to pay attention to the fact that in 2021, the account sank thoroughly in the period April-May, but then smoothly recovered from the drawdown. Since the beginning of 2022, the manager has not shown major drawdowns, closing in positive territory. In July, 2.23% was earned with a maximum drawdown of 1.46% and a one-time deposit load of 11.26%. The minimum amount for joining a manager's account is 20 USD. The yield on the account is small, but according to the offer, the investor receives 75% of the profit. There is no penalty for early withdrawal.
Inspecto
This manager's account was opened in June 2020; on the FXOpen platform, trading has been conducted since October 19, 2021. The account is pretty stable. Since the opening of the account in 2021, only 1 month had a slight minus. The maximum drawdown is kept at the level of 17.56%. July did not surprise with profitability: the profit was 2.96% with a maximum drawdown of 4.85%. By the end of the month, the account was positive. A number of trades may be open and supported. The deposit load in July did not exceed 2.22%. Trading is still carried out in cross-pairs. The minimum amount for joining is 50 USD.
Shanti
This manager has been trading on the site since February 2022. According to statistics, it can already be concluded that in six months, the profit was almost 100%. In July, the trader earned 48%. At the same time, the deposit load did not exceed 21.65% at the beginning of the month, and then went down, and the maximum drawdown disappeared by the end of July. Shanti's account can be called moderate. In July, they preferred to trade the following pairs: AUDUSD, GBPUSD, GBPCHF, and USDCHF. One can join the offer for an amount of 1 USD.
SuperSpeculativ
This trader has been active since the end of 2019. Since January 2022, trading has been quite successful, with only April standing out from the positive statistics. In July, 7.14% was earned, and the maximum drawdown for the month reached 7.71%. The deposit load did not exceed 1.36%. In the last month, trading was carried out with EURUSD, EURCHF, and GBPUSD trading pairs. At the time of writing the review, there no floating drawdown is observed. One can join the trader for just $100, and there is no penalty for early withdrawal.
AcHotECN
AcHotECN is a newcomer on the FXOpen platform. Their account was opened at the beginning of May 2022, and for 3 months of trading, the trader showed good results: the profit was already 80%. In July alone, 24.49% was earned. At the same time, the investor receives 70% of the profit. The maximum drawdown since the beginning of opening this PAMM account was 9.70%. Main trading pairs: AUDCAD, NZDCAD, AUDNZD. One can join the manager starting from 1 USD.
kwarst
A conservative manager with a small maximum drawdown of 14.5% since opening an account in early 2020. This account can be used as a safe haven for your savings since its main characteristics are stability, caution, and profitability. In July, earnings amounted to 2.44%. It is worth noting that this yield is significantly higher than his usual profit of 1%. In general, since the beginning of the year, the provider has been trading successfully, only the first month was closed with a slight minus. The maximum drawdown in July did not exceed 0.13%. At the time of writing the review, there are no open transactions on the account. In July, trading was carried out with trading pairs NZDUSD, AUDUSD, EURUSD, USDCHF, and USDCAD. One can join the offer for at least 100 USD.
mixture
Previously, this manager could hardly be called a successful one, but the statistics began to improve in 2022. Since the beginning of the year, the trader has earned 60% of the profit. And July brought +21.87% to the piggy bank. Despite rather aggressive drawdowns, 91% of all trades of this trader are profitable. In July, trading was carried out with EURUSD, NZDUSD, USDCAD, and AUDUSD trading pairs. The maximum drawdown in July remained at the level of 20% and gradually decreased by the end of the month to 2%. The deposit loading did not exceed 17.71%. You can join this PAMM account for 50 USD. There is no penalty for early withdrawal.
These were the top 10 PAMM providers according to the FXOpen rating. They have every chance to show profitable trading in August. We wish you the best of luck in your investments.
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Read more: https://fxopen.com/blog/en/fxopens-top-10-july-2022-pamm-accounts/
Text source: Forex Trading Blog
