FXOpen reduces Managers Capital down to $200 for PAMM Standard and down to $1000 for PAMM ECN.
January 26, 2012. FXOpen, one of the worlds leading FOREX brokers, is pleased to announce that it reduces Managers Capital for PAMM Standard accounts from $1000 down to $200 and for PAMM ECN accounts - from $5000 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 Managers 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 performance 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 his own share in the PAMM account is high, the manager will be more motivated to keep up the high-standard performance and follow a proper risk-management strategy.
Managers Capital can be increased by depositing additional funds or using the profit from trading.
FXOpen
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