Overview of FXOpen's Best-performing PAMM Accounts of March 2023
Days are getting warmer, but one should not forget about investing. Traders are trying to show their best results, and investors should always control their portfolio and change it taking into account all changes in the FXOpen PAMM rating. The number of providers on the site is gradually increasing, and this PAMM review will help investors make a choice in favor of the best based on their investment strategy.
At the beginning of April, 128 manager accounts were opened in FXOpen, in which investment capital was collected in the amount of 1,594,646.00 USD.
FXOpen’s TOP-10 March 2023 PAMM Accounts
PowerGold986
This provider has been actively trading on the FXOpen platform since September 2022, demonstrating positive trading results for more than six months. Since the beginning of trading activities, the maximum drawdown on the account did not exceed 10.28%, and the deposit load, 13.95%, which is considered very good indicators. According to statistics, one can see that the trader trades carefully and with minimal risks. In March, the profit was 23.36%. The maximum drawdown for the last month was about zero, the load did not exceed 0.18%. In March, the provider traded only gold, XAUUSD. One can join the manager for 200 USD.
Scalp
This provider has been trading on the FXOpen platform since November 2022, although the account itself has been opened since August 2019. The main features of their trading can already be distinguished: low risks, low deposit loading, average profitability on the verge of conservatism. According to the account, the maximum drawdown is kept at the level of 20.34%. In March, +3.13% was earned, with a maximum drawdown for the period of 1.06%. Most of the completed transactions are closed with a positive result, 84%. Main trading pairs: EURAUD, GBPCAD. One can join the manager for 100 USD or more without an early withdrawal penalty.
FXLionCross
One of the best providers of the last year, besides, they had a very successful start to 2023, having been trading since March 2014. This March, the yield was much higher than in February, 3.78%. It should be noted that this account is popular with investors. The floating drawdown in March did not exceed 4.41% with a deposit load of 7.92%. The only currency pair in trading is NZDCAD. At the beginning of April, there is no floating drawdown on the account. One can join this manager for 1000 USD or more.
Pandorum
Another stable provider with a trading term of almost three years, having started in June 2020. Their trading style can be described as working with moderate risks with high returns. At the same time, the maximum drawdown since the opening of the account did not exceed 28.52%. March was not very successful for them, with 1.08% profit, but the minimum drawdown at the end of the month is insignificant, so one should pay attention to the account. Trading is carried out in the following currency pairs: AUDCAD, NZD/CAD, and AUDNZD. An investor can join the account for 1 USD.
VBPrimeFactor
The account has been trading since August 2021. The trading of this provider can be described as positive and dynamic. They trade at high profitability and low risks, as evidenced by trading statistics. The maximum drawdown on the account remains at the level of 21.74%. In March, the profit was 7.31% with a deposit load of about 0% and a maximum drawdown of 0.73%. Main trading pairs: GBPUSD, EURUSD, EURCAD, AUDCAD. One can join the account and earn for 1000 USD or more without an early withdrawal penalty.
VBInspecto1
The provider has been trading on the FXOpen platform for more than six months. The maximum drawdown remains at 6.48% with a deposit load of 29.51%. In March, the trader earned 6.87% profit with a maximum drawdown of 1.49% and a deposit load of 29.5%. The choice of trading pairs is quite wide, in March trading was mainly carried out with the following instruments: GBPAUD, USDCHF, EURAUD, EURCHF. It is possible to join this manager for 1000 USD, there is no penalty for early withdrawal.
VRVSEMBOT
The account has been trading since May 2021. Trading can be characterized as stable and conservative. Judging by the yield chart, we can conclude that the trader works according to the averaging strategy. The maximum drawdown is still at 10.58%. In March, the profit was 8.62% with a maximum drawdown of 10.19% and a deposit load of 7.64%. By April, the situation is stable, the floating drawdown is insignificant, only 0.31%. It is possible to join this PAMM account for an amount of 10 USD. The penalty for early withdrawal is 25%, but the higher the amount, the lower the penalty for early withdrawal.
SuperSpeculativ
2023 is off to a good start for this provider. Although it must be admitted that March ended with a not too significant profit. Earnings amounted to only +0.52%. This is the second month in a row with a positive result. The trader mainly traded the following currency pairs: EURCAD, CADJPY, EURJPY, AUDCHF, EURCAD. At the time of writing this review, the account has a small working drawdown of 1.07%. One can join this trader for just $100, there is no penalty for early withdrawal.
BFS
The provider has been trading on the FXOpen platform since May 2022 and showing excellent results. The beginning of 2023 was successful for them. The maximum drawdown is kept within 12.68%, the deposit load is 7.04%. In March, they were able to earn +3.97%, which can be called a conservative result compared to the previous month. The main trading pair is AUDCAD. At the time of writing this review, there is a small working drawdown on the account. One can join the manager for 50 USD. There is a small penalty for early withdrawal, 5%.
ProInvesting
This promising profitable provider opened their EUR account with FXOpen in September 2022. They are trading strongly and with mostly positive results. Over the life of the account, the maximum drawdown is at a conservative level of 11.09%, the deposit load is about 7.4%, which indicates very low risks. March yield was 3.60%. Trading is carried out only in one currency pair, EURUSD. By the time of writing this review, there is a small working drawdown on the account.
This was a selection of the most active, stable, and positively trading providers, whose accounts can be considered as a possible investment tool. Keep track of the profitability and drawdown level, and be sure to diversify your investments. We wish you the best of luck with your investments!
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Read more: https://fxopen.com/blog/en/overview-of-fxopens-best-performing-pamm-accounts-of-march-2023/
Text source: Forex Trading Blog
