PAMM ECN
FXOpen ECN accounts based on the PAMM Technology. These accounts let the Master trade in the ECN environment.
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PAMM ECN |
| Account currency |
USD, AUD, CHF, EUR, GBP, JPY, RUB |
| Slave's minimum deposit |
depending on the offer parameters |
| Minimum Master's Capital |
$1000 to create a PAMM account;
$5000 to create Offers;
(or an equivalent amount of other currency)
|
| Spread |
floating, from 0 pips |
| Commission |
from $1 8 half-turn |
| Quotes format |
0.12345 |
| Execution |
market |
| Minimum transaction size |
0.1 lots |
| Maximum open trades |
not limited |
| Leverage |
up to 1:100; |
| Margin call |
100% |
| Stop Out |
50% |
| Islamic accounts |
Yes |
| Instruments |
50 currency pairs + gold and silver; |
| Expert Advisors |
Yes |
| Scalping |
Yes |
| Hedging |
Yes |
| News trading |
Yes |
| Market depth with level 2 quotes |
Yes |
| Trading time |
00:00 Mon – 23:59 Fri (FXOpen Server Time) |
| Inactive account maintenance fee |
$10 per month |
| Inactive account re-activation fee |
$50 |
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|
- *Half-turn commissions.
The round-turn commission for a 1 lot position (100,000) is equal to 5 units of the base currency per round turn.
For ECN accounts with Net Deposit higher than USD 50,000 commission is 3.6 units of the base currency round-turn.
Trading commissions are a subject to review in case of high trading volumes. Right after you open a trade, you will see the round turn commission charged.
Net Deposit is the sum of all deposits minus the sum of all withdrawals in USD.
- ECN commissions may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
- **Leverage. On opening a PAMM account the leverage is set at 1:100 by default. To change the leverage, please, email [email protected] with your documents attached, including your PAMM account number and the desired leverage.