Company news

Manager's Capital for PAMM Accounts Reduced

FXOpen reduces Manager's Capital down to $200 for PAMM Standard and down to $1000 for PAMM ECN.

January 26, 2012. FXOpen, one of the world's leading FOREX brokers, is pleased to announce that it reduces Manager's Capital for PAMM Standard accounts down to $200 and forPAMM ECN accounts - down to $1000.

Been dreaming to become a PAMM Manager but lack the initial capital to start a PAMM account? FXOpen makes your path to a successful PAMM Manager's career easy as never before.

You need only $200 to open a PAMM Standard account and $1000 to open a PAMM ECN account. Your PAMM account will be displayed on the list of PAMM accounts and your trading statistics will be publically displayed on the PAMM Account Monitoring page. This will help you build up a longer history of steady and successful performance and give investors more confidence in your PAMM account.

However, the Manager still needs at least $1000 in a PAMM Standard account and $5000 in a PAMM ECN account to create a public offer for Investors to join. Requirements to create an offer are set higher for greater security of Investors' funds. If the Manager's own share in the PAMM account is substantial, the manager will be more motivated to keep up the high-standard performance and follow a proper risk-management strategy.

Manager's Capital can be increased later by depositing additional funds or using the profit from trading.

 

FXOpen
Press and Media contact
marketing@fxopen.com

Sunday, 29 Jan, 2012 / 7:27

Source : http://www.fxopen.com/Pamm/List.aspx

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