Overview of FXOpen's Best-performing PAMM Accounts of August 2023
<img src="https://fxopen.com/blog/en/content/images/2023/09/aug-en.png" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /><p>Despite summer coming to an end, the managers' trading continues, and investors are pleased with the positive results. When preparing the next forecast based on the results of traders trading on the FXOpen site, we always want to focus on those accounts that are still stable and profitable for their subscribers.</p><p>As of September 1, 2023, 115 active accounts have been opened at FXOpen and $1,455,496.00 of capital has been invested, according to InvestFlow monitoring statistics.</p><h2>FXOpen’s TOP-10 August 2023 PAMM Accounts</h2><h3><a href="https://pamm.fxopen.com/en/pamm/scalp">Scalp</a></h3><p>No longer a newcomer to the rating, this provider attracts attention with their trading stability in past periods. They trade with low risks, although it is noticeable that the profitability has fallen somewhat. The maximum drawdown on the account is only 20.34%. In August, +0.68% was earned with a maximum drawdown for the period of 1.21%. Most of their trades are closed with a profit — 76%. Major currency pairs: EURAUD, GBPCAD, GBPUSD, and CHFJPY. At the time of writing this forecast, a small working drawdown is observed. The minimum amount to invest in this account is 100 USD.</p><!–kg-card-begin: html–><a href="https://pamm.fxopen.com/pamm/scalp" title="title" target="_blank"> <img src="https://pamm.fxopen.com/widget/gainwidget/scalp/3/0/en/widget.png" border="0" title="PAMM: scalp" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /> </a><!–kg-card-end: html–><h3><a href="https://pamm.fxopen.com/en/pamm/pandorum">Pandorum</a></h3><p>The Pandorum manager has been trading at FXOpen since June 2020. The maximum drawdown reached 33.33%. Since the beginning of 2023, this manager has been able to earn 38% of the profit, despite a couple of negative results for the month. In August, 5.97% was earned with a maximum deposit load of 7.04% and a maximum drawdown of 7.87%. There is a small floating drawdown in September. The trader still prefers the AUDCAD, NZD/CAD, and AUDNZD currency pairs for trading. One can join the offer with an amount of 1 USD. The investor earns 65% of the profit. There are no penalties for early withdrawal of investments.</p><!–kg-card-begin: html–><a href="https://pamm.fxopen.com/pamm/pandorum" title="title" target="_blank"> <img src="https://pamm.fxopen.com/widget/gainwidget/pandorum/3/0/en/widget.png" border="0" title="PAMM: pandorum" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /> </a><!–kg-card-end: html–><h3><a href="https://pamm.fxopen.com/en/pamm/fxlioncross">FXLionCross</a></h3><p>One of the long-lived PAMM accounts, has been operating on the FXOpen platform since 2014. In 2023, only one month ended with a minus. But one should pay attention that trading on the account is carried out with the help of an adviser and most likely with averaging, although the term of work is captivating. In August, they were able to earn +3.24%. The yield is conservative, but given the instability in the financial markets, we can say that the trader has developed an optimal trading strategy. At the time of writing the review, there is a small floating drawdown, which is gradually decreasing. One can join this manager for 1000 USD or more.</p><!–kg-card-begin: html–><a href="https://pamm.fxopen.com/pamm/fxlioncross" title="title" target="_blank"> <img src="https://pamm.fxopen.com/widget/gainwidget/fxlioncross/3/0/en/widget.png" border="0" title="PAMM: fxlioncross" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /> </a><!–kg-card-end: html–><h3><a href="https://pamm.fxopen.com/en/pamm/bfs">BFS</a></h3><p>Despite the short period of trading on the FXOpen platform, the provider shows good results. Last year was very successful for them, and this year there is not a single month with a negative result, although the increased maximum drawdown this year is alarming. Trading is carried out only with a pair of AUDCAD. In August, the account earned +11.18% profit with a maximum deposit load of 1% and a maximum drawdown of 1.38%. One can join this manager for 50 USD, there is a small penalty for early withdrawal in the amount of 5%.</p><!–kg-card-begin: html–><a href="https://pamm.fxopen.com/pamm/bfs" title="title" target="_blank"> <img src="https://pamm.fxopen.com/widget/gainwidget/bfs/3/0/en/widget.png" border="0" title="PAMM: bfs" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /> </a><!–kg-card-end: html–><h3><a href="https://pamm.fxopen.com/en/pamm/kraken">Kraken</a></h3><p>The ever-conservative PAMM provider has been trading on the FXOpen platform for over 5 years. Profitability and long trading time on the site are their main advantages. The maximum drawdown on the account is 15.06%. The provider has been quite successful this year, although there were a couple of months of small drawdowns. In August, 0.54% was earned. At the time of writing the review, there is a small floating drawdown. The minimum investment amount is 10 USD.</p><!–kg-card-begin: html–><a href="https://pamm.fxopen.com/pamm/kraken" title="title" target="_blank"> <img src="https://pamm.fxopen.com/widget/gainwidget/kraken/3/0/en/widget.png" border="0" title="PAMM: kraken" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /> </a><!–kg-card-end: html–><h3><a href="https://pamm.fxopen.com/en/pamm/proinvesting">ProInvesting</a></h3><p>The manager opened this account in EUR in September 2022. It shows positive results in the long section of trading and investors consider it quite promising to add to the investment portfolio. In 2023, he did not have a single unprofitable month. The maximum drawdown is still 18.04%. The yield on the account in August was 5.45%, with a monthly drawdown of 0.10% and a deposit load of 0.86%. The manager trades only the EURUSD currency pair. One can join this trader from 1,000 USD, there are no penalties for early withdrawal of investments.</p><!–kg-card-begin: html–><a href="https://pamm.fxopen.com/pamm/proinvesting" title="title" target="_blank"> <img src="https://pamm.fxopen.com/widget/gainwidget/proinvesting/3/0/en/widget.png" border="0" title="PAMM: proinvesting" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /> </a><!–kg-card-end: html–><h3><a href="https://pamm.fxopen.com/en/pamm/vbprimefactor">VBPrimeFactor</a></h3><p>This provider opened their account in August 2021, that is, they have been trading on the platform for 2 years. Trades dynamically and with a positive result. Since the opening of the account, the maximum drawdown has been kept at a very low level — only 21.74%, and the deposit load at the level of 21.92%. August was not entirely successful for the account, the drawdown was 2.21%, but the account is still promising, because the drawdown is conservative. Major currency pairs: GBPUSD, USDCAD, AUDUSD, USDCHF. It is possible to join this manager for at least 1,000 USD.</p><!–kg-card-begin: html–><a href="https://pamm.fxopen.com/pamm/vbprimefactor" title="title" target="_blank"> <img src="https://pamm.fxopen.com/widget/gainwidget/vbprimefactor/3/0/en/widget.png" border="0" title="PAMM: vbprimefactor" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /> </a><!–kg-card-end: html–><h3><a href="https://pamm.fxopen.com/en/pamm/vbinspecto1">VBInspecto1</a></h3><p>The account of this provider was opened in August 2021. The provider is trading conservatively, judging by the risks — the maximum drawdown has not exceeded 6.48% so far. In August, the trader sank a little, by 3.12%, but they can still be considered promising. The maximum drawdown for the period was 3.12%, the deposit load was 28.85%. The following currency pairs were mainly used in trading: AUDCAD, GBPUSD, GBPAUD, GBPCAD. One can join this trader for at least 1,000 USD, there is no penalty for early withdrawal.</p><!–kg-card-begin: html–><a href="https://pamm.fxopen.com/pamm/vbinspecto1" title="title" target="_blank"> <img src="https://pamm.fxopen.com/widget/gainwidget/vbinspecto1/3/0/en/widget.png" border="0" title="PAMM: vbinspecto1" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /> </a><!–kg-card-end: html–><h3><a href="https://pamm.fxopen.com/en/pamm/karmah">Karmah</a></h3><p>An interesting manager who, however, trades with varying success, but for the whole of 2023 has already been able to earn 85% of income. The manager account was opened in March 2022. In August, this provider was able to earn +35.79%. Investing in this manager is risky, and only after a drawdown can the risk pay off. One can join this trader for 100 USD, the penalty for early withdrawal is small, 3%.</p><!–kg-card-begin: html–><a href="https://pamm.fxopen.com/pamm/karmah" title="title" target="_blank"> <img src="https://pamm.fxopen.com/widget/gainwidget/karmah/3/0/en/widget.png" border="0" title="PAMM: karmah" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /> </a><!–kg-card-end: html–><h3><a href="https://pamm.fxopen.com/en/pamm/larrygrant">LarryGrant</a></h3><p>New to the FXOpen platform, the account was launched in July 2023. The deposit opening amount is decent, 5,000.52 USD. The maximum drawdown is only 3.76%, the deposit load is kept at the level of 10.41%. In August, the profit amounted to +16.56%. Main trading pairs: EUR/JPY, AUD/JPY, GBP/JPY. At the time of writing the review, there is no drawdown.</p><!–kg-card-begin: html–><a href="https://pamm.fxopen.com/pamm/larrygrant" title="title" target="_blank"> <img src="https://pamm.fxopen.com/widget/gainwidget/larrygrant/3/0/en/widget.png" border="0" title="PAMM: larrygrant" alt="Overview of FXOpen's Best-performing PAMM Accounts of August 2023" /> </a><!–kg-card-end: html–><p>These providers can be considered as an investment in September 2023 under favorable circumstances. Perhaps this rating will help one build their profitable PAMM portfolio. It is only important not to forget the rule: do not invest all the funds and do not invest them in one manager. We wish you the best of luck with your investments.</p>
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