PAMM Service Update: Risk Limitation

15/10/2020

FXOpen broker has implemented a new feature of the PAMM service — PAMM account drawdown limit. This mechanism will allow reducing losses of Subscribers’ funds in case of unprofitable trading on a PAMM account.

How does it work?

  1. The Provider specifies the maximum allowable drawdown of a PAMM account.
  2. The Company monitors the drawdown 24 hours a day.
  3. If the PAMM account exceeds the drawdown limit, the Subscribers’ funds will be revoked.

This update will help to arrange professional collaboration between the Provider and Subscribers, as well as create more comfortable conditions for PAMM service users.

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Forex trading involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.