Seasons keep changing, time goes on. And the forex market in 2022 has experienced various kinds of market conditions full of uncertainty.
However, forex investors may be more or less inclined to invest through PAMM accounts. Because they are only looking for and finding a fund manager to rely on for their forex investment.
It may not be easy to find PAMM accounts that always give a profit. Some of which end in failure. This will review some of the top TenkoFX broker PAMM accounts. Here are some tips that may be useful for choosing a PAMM account as a means of investing in business forex.
Tips for choosing a PAMM account
Not all fund managers in PAMM accounts are experienced and profitable traders. Choosing a PAMM account is very crucial for investors. Because it will determine how the final outcome of the investment.
Some of the following tips may be able to give research weight to the PAMM account that will be selected.
PAMM investors need to see statistical data that can be seen on the trading account performance of PAMM accounts. A graph that has gone up in more than six months is considered a good performer. Because many traders fail before six months. It would be a plus value if the performance stats were longer time.
Low drawdown allows trading performance to have low risk. If within six months the drawdown of the PAMM account is lower than 40%. It is considered sufficient to have good performance and low risk.
Return on Investment can give you an idea of the performance of a PAMM account as an aggressive or conservative trader. Conservative type traders usually take a low risk between 1-3% with a target ROI of between 10% -25% in a month.
Aggressive traders, dare to take higher risks up to 50% but with ROI above 25% even up to thousands of percent. Conservative traders are considered a lower risk in the long run.
PAMM account old
Some new PAMM accounts in a few weeks may have improved profit statistics performance. However, PAMM accounts that have a longer duration and performance of more than 2 years are better. Because they have been able to overcome various trading barriers.
Top PAMM account TenkoFX April 2022
TenkoFX PAMM account performance in 2022 profit achievement varies and so does the drawdown figure for each PAMM account.
This is a PAMM ECN account created on 23 august 2018, this account is 1340 days old since the account was created. With a master capital of $200, this account was active in trading for 464 days. Selecting 1:100 leverage the total gain as of the time of writing reached 2132.89%.
Of the total 120 trades, the average gain is 4.24 % / 236 USD, and the average loss is -2.9% / -98.7 USD. The maximum drawdown for this account is 36.3%.
The fund manager who manages this account chooses to trade on different pairs, sometimes choosing GBP/USD, EUR/USD, XAU/USD, GBP/JPY, and USD/RUB. From the duration of the trade, they tend to have a long-term strategy or position traders.
This PAMM account was created on January 22, 2018, until now it has been 1553 days since this account was created. This is also a PAMM ECN account with a master capital of $1500. Made 562 days of active trades for a total of 298 trades.
The total gain as of the time of writing reached 1855.89% with a maximum drawdown of 32.3%. Using 1:100 leverage this account got an average win of 1.91% / 167 US, and an average loss of -3.85% / -263 USD.
Trading instruments are traded from forex and crypto, with the strategy tending to choose short-term trades.
This account was created on June 9, 2017, and until now it has been 1691 days since this account was created.
This fund manager chooses PAMM STP with a master capital of $100 and is active in trading for 723 days. Selecting 1:100 leverage this PAMM account has achieved a gain of 1775.95% with a maximum drawdown of 40.49%.
As of writing it has made 201 trades with an average of 3.37% won / 120 USD, and an average loss of -3.24% / -130 USD. In the last history statement, closed transactions on July 22, 2021, on the USDCAD pair.
This is a 1982 PAMM ECN account since it was created on November 20, 2016. Starting with a master capital of $500, this account was active in trading for 794 days.
Choosing 1:100 leverage this account has gained a 1631.77% gain with a high drawdown of 80.05%.
Out of 271 trades, this account posted an average win of 4.08% / 83.7 USD. And the average loss is -6.02% / -76.5 USD. Trading in forex and cryptocurrency pairs this account locks the trading statement, so no order history information appears.
This is a PAMM ECN account created on July 23, 2018, to date, it has been 1372 since this account was created.
Using 1:100 leverage this PAMM account has accumulated a profit of 1137.92% with a high drawdown of 89.44%.
From a total of 207 trades, the average win is 8.64 % / 6.49 USD, and the average loss is -13.4% / -14 USD.
From the account statement, the last order was closed in 2020 on 23 November. it seems that this account has not been trading for over a year.
This PAMM account was created on January 30, 2020, and is an ECN PAMM with a master capital of $1500. Until now it has been 1372 days old. Active trading for 446 days, PAMM manager chooses 1:100 leverage.
The total gain obtained is 726.7% with a maximum drawdown of 39.59. Of the 300 trades made an average win of 1.4 % / 126 USD and an average loss of -4.3 % / -339 USD with an average order duration of 3 days.
The pair chosen is a mixture of major pairs and cross pairs as well as gold.
This is a PAMM ECN account created on August 22, 2018, 1341 days old since the account was created. This account manager started with a master capital of $1000 with 768 days of active trading.
Using 1:100 leverage this account has made 542 total trades with an average win of 0.82 % / 49.7 USD and an average loss of -1.11% / -61.7 USD.
The total gain obtained reached 685.46% with a maximum drawdown of 26.45%.
Trading style tends to be intraday with an average order of 1 day 11 hours with the traded pairs including the ETHUSD crypto pair in addition to forex pairs such as AUDUSD, USDCAD, EURUSD including gold.
This is a PAMM ECN account created on January 12, 2018, it is 1563 days old since the account was created. This PAMM manager started with $500 master capital with active trading for 623 days.
Using 1:100 leverage this account has made 156 orders with an average win of 2.95% / 108 USD and an average loss of -2.19% / -75.7 USD.
Using the trading style swing trading with an average order of 6 days and 13 hours. The total gain has reached 505.31% with a maximum drawdown of 47.42.
Manager PAMM choosing trading assets apart from forex pairs also include crypto pairs such as BCHUSD, BTCUSD, LTCUSD, and ETHUSD.
This is a PAMM ECN account created on November 16, 2017, which is 1620 days old since the account was created.
This account manager started with a master capital of $1000 with active trading for 598 days.
Using 1:100 leverage this account has made 201 trades. With an average winning Average Win: 4.52% / 104 USD. And an average loss of -21.1% / -186 USD.
The trading style used tends to be a swing trader with an average order of 5 days 22 hours. The total gain obtained reached 448.62% with a high maximum drawdown reaching 97.92%.
This is also a PAMM ECN account created on 22 august 2018 which has been 1341 since the account was created.
This PAMM manager started with a master capital of $1001 and has been actively trading for 394 days.
Using 1:100 leverage this account has traded a total of 185 times with an average win of 2.75% / 124 USD. Average loss -3.25% / -140 USD.
The trading style of this PAMM manager tends to be a swing trader with an average order duration of 3 days and 5 hours.
The total gain obtained reached 410.99% with a maximum drawdown of 35.88%. The instruments chosen are mostly forex pairs and occasionally oil and gold.
Forex trading and crypto CFDs are risky tradings, the results obtained in the past do not guarantee the same results in the future.
Maybe some of the PAMM managers in this article review are no longer active in trading, so it is important for investors to do their own research.
Note: this article is only a review by the author for informational purposes. This is not solicitation or investment advice. Forex, crypto CFD trading is high risk. Investors are responsible for the investments they make.