Masters and Slaves

Any FXOpen client can use PAMM Technology as a Master or a Slave. All you have to do is decide, which role you are going to take, based on your goals, skills, trading experience and available time.

PAMM for Masters

Masters are experienced traders who are willing to share their strategies for other clients to follow, and in return they receive a fee or a share of profit.

Benefits of a PAMM Master's Account

• An unlimited number of Slaves
  FXOpen PAMM Technology gives you the opportunity to offer your strategy to an unlimited number of Slaves, while the trading is done from a single MT4.
• Multiple Offers with different parameters
  The Master can create several Offers with different conditions to cater for Slaves with different capital and risk tolerance.
• Automatic profit/loss allocation
  FXOpen PAMM Technology automatically shares profits and losses between the Master and his Slaves. This guarantees that the Master will be paid the fees and share of profit on time and strictly according to the Offer conditions which allows the Master to focus on his primary activity – successful trading.
• Master's Performance Monitoring
  A detailed perfomance monitoring system allows the Master to showcase his/her past trading results and attract new Slaves. Potential Slaves can choose a suitable Master based on visual and easy-to-understand chats, displaying the Master's trading results.

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For both sides profiable trading is the key to success. FXOpen will take care of the rest.

PAMM for Slaves

A Slave is a trader who probably lacks time, skill or desire for full time Forex trading. The Master’s trading strategy will automatically be replicated in the Slave’s trading account in respect of these selected funds. This allows Slaves to receive profit without fully engaging themselves into Forex trading.

Benefits of PAMM for Slaves

• Full control over funding and withdrawing
  The Slave can add money to be used in the PAMM account or withdraw these funds at any moment of time without any permission from the Master. The Master has no access to additng or withdrawaing the Slave's money whatsoever. So the scenario when a dishonest Master prevents a Slave  from withdrawing money or fails to pay the profit is completely impossible.
• Automatic Allocation of Profits/Losses and Fees
  All calculations (allocation of profit and fees) are made automatically, strictly on time and in accordance with the Offer Conditions. that were accepted by the Slaves.
• Public monitoring of the Master's trading activity
  Choosing a lucrative Master’s strategy is a tough decision, however FXOpen's public monitoring system makes this task easier. With our visual and easy-to-understand charts both novice and experienced Slaves can find a suitable Master.

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FXOpen PAMM Technology is a safe and proven automatic trading tool. All you have to do is choose an offer and profit from strategies created by some of the most sophisticated traders being reproduced in your account. FXOpen will take care of the rest.