Overview of FXOpen's Best-performing PAMM Accounts of October 2022
Despite the financial, political, and energy crises in the world, traders are not giving up trying to make money on their accounts, and investors are trying very carefully to increase their savings. FXOpen's PAMM account service offers a rating of providers, among which one can choose a stable PAMM trader account and receive income. In the last autumn month, we bring to your attention the most promising and profitable investment accounts.
As of November 1, 2022, 132 live accounts have been opened on the FXOpen platform, and $1’797’069.00 of subscribers’ funds have been invested, according to Investflow monitoring statistics.
FXOpen’s TOP-10 October 2022 PAMM Accounts
Pandorum
Pandorum has been trading on the FXOpen platform since June 2020. The manager trades confidently and with moderate risks. The maximum drawdown for the entire time of the account is 28.52%. Since the beginning of 2022, the trader has been able to earn over 110% profit. In October, the account brings 7.43%, with a maximum drawdown of 0.4% and a deposit load of 4.99%. By November, all trades were closed and there is no floating drawdown. Trader's favorite trading pairs: AUDCAD, NZDCAD and AUDNZD. An investor can join the account with an amount of 1 USD. Earnings of the investor is 65% of the amount of profit. There is no penalty for early exit.
FXLionCross
This PAMM account can be classified as a long-lived one, since it has been operating on the FXOpen site since 2014. In 2022, there are practically no drawdowns, the trading strategy is very clearly built. Since the beginning of 2022, almost 40% of profits have been earned. In October, the trader traded +7.83% on the account, which is usually more than their average current profitability. At the time of writing the review, there is no drawdown on the account, and in October it did not exceed 3.31%. It is worth noting that trading on the account is carried out with the help of an EA and, most likely, with averaging. But the term of work is captivating. One can join this manager with an amount of 1000 USD or more.
SuperSpeculativ
Trading has been going well since December 2019 despite temporary difficulties. In October, the provider earned +33.49%, the drawdown reached 24.75%, and the deposit load was 1.77%, but by November all transactions were closed. At the time of writing the review in November, there is a small operating drawdown of 3%. In the last month, trading was carried out mainly with trading pairs GBPCHF, EURUSD, EURCAD, and EURCHF. One can join this trader with $100, there is no penalty for early withdrawal.
PierstageCapitl
PierstageCapitl opened their account in November 2019 and has been trading on the platform since 2022. The trading style is very conservative, without excessive deposit load. The maximum drawdown from the moment the account was opened did not exceed 8.20% with a maximum deposit load of 4.70%. It shows excellent trading results: from the beginning of 2022, all months are closed in profit. 3.25% earned in October. Earnings, of course, are conservative, but, nevertheless, almost 65% have already been earned since the beginning of the year. There is no drawdown on the account. Major currency pairs: GBPUSD, AUDCAD, AUDNZD, EURCAD. This account is suitable for large investors, since it is possible to join with an amount of 10,000 USD or more.
haft8
Provider haft8 has been trading since April 2021 by opening a EUR account with FXOpen. Periodically, one can observe some difficulties in trading, which the provider successfully overcomes. So, after the September drawdown, the trader was able to equalize the account and earn +24.55% in October. The maximum drawdown last month did not exceed 18.11%, the deposit load was no more than 26.90%. They trade only the EURUSD currency pair. At the time of writing the review, there is no floating drawdown. The minimum amount of investment in the account is 1000 USD.
AcHotECN
This is a new provider on the FXOpen site, trading since May 2022. But their results are already attracting attention — earnings from the moment the account was opened amounted to more than 160% of the profit. In October, the trader managed to earn +4.38%. The maximum drawdown slightly increased to 24.17%. But at the time of writing the review in November, it is insignificant, only 1.38%. Main trading pairs: EURUSD, AUDCAD, NZDCAD, AUDNZD. The amount with which it is possible to join the manager is only 1 USD. 70% of the profit is the investor's income. There is no penalty for early withdrawal.
VESBOLTSemiHFT has been trading since May 2021, and their first year anniversary on the FXOpen platform is coming soon. They can be considered a stable manager with conservative trading style. The maximum drawdown on the account since the opening is only 3.38%. In October, they traded 4.70% of the profit, while the maximum drawdown did not exceed 2.48%, that is, the risks of trading are quite low. The main trading instruments of the provider: EURGBP, AUDCAD, EURAUD, AUDUSD, CADCHF. One can join this PAMM account for at least 1000 USD or more. There is no penalty for early withdrawal.
kwarst
A well-known long-time manager. Their account was opened in February 2020. Despite temporary difficulties, the manager was able to cope with the setbacks and bring profit to investors. The maximum drawdown on the account is only 14.50%, that is, the manager continues to keep the bar high. In October, they showed an excellent result: + 7.09% profit. At the time of writing the review, there is no drawdown observed. The main trading pairs in October are AUDUSD, GBPUSD, and EURUSD. One can join the offer from 100 USD.
mixture
The account of this PAMM provider was opened in August 2021. The provider trades with high risks. Despite the fact that October was not very successful for this manager (-11.20%), in November they practically rehabilitated themselves, leaving only a small working drawdown of 1.67%. 93% of all trader's trades are profitable. In October, trading was carried out in the following trading pairs: AUDUSD, EURUSD, NZDUSD. One can join a PAMM account for 50 USD. There is no penalty for early withdrawal.
Kraken
This PAMM provider has been considered conservative for more than 5 years. They have been trading since November 2016. The maximum drawdown on the account is 15.06%. October closed with a conservative minus of -1%, but the drawdown has already been covered and the trader continues to earn, so they can be called promising in November. The minimum deposit to join the offer is only 10 USD, and the investor can earn 80% of the profit.
These were potentially profitable PAMM providers as of November 2022. We wish you the best of luck in your investments!
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Read more: https://fxopen.com/blog/en/overview-of-fxopens-best-performing-pamm-accounts-of-october-2022/
Text source: Forex Trading Blog
