PAMM ECN Accounts
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 |
| Follower's minimum deposit |
depending on the offer parameters |
| Minimum Master's Capital |
$1000
(or an equivalent amount of other currency)
|
| Spread |
floating, from 0 pips |
| Commission |
from $1,5 half-turn, dependant upon equity and traded volume,
see detailed commission rates |
| Quotes format |
0.12345 |
| Execution |
market |
| Minimum transaction size |
0.01 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
CFDs, Oil, Natural Gas; |
| 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 fees |
maintenance - $10 per month;
reactivation - $50; |
| |
|
- *Half-turn commissions.
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.
- 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.