How to open a PAMM account and become a Manager
Categorized as:PAMM accounts - Information for Managers
» How to open a PAMM account and become a Manager
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How to open a PAMM account and become a Manager
Please, take these steps to open a
PAMM Account and become a
Manager:
- Register on FXOpen forum. To do that:
- Click Forum in the main menu;
- To register on FXOpen forum click Register;
- Fill in the Register forum form and click Complete Registration.
 | Note! You can use your existing Forum login and password if you have registered earlier. |
- Click Open a Live Account! on the FXOpen homepage and register FXOpen eWallet].
- Verify your eWallet.
- Log in to My FXOpen.
- Deposit to your eWallet not less than the Minimum Manager's Capital for PAMM accounts. You can make a deposit via any available payment system.
- Click Add New Account → PAMM. You can create:
- a PAMM Standard account;
- a PAMM ECN account.
 | Note!
• The Minimum Deposit (Manager’s Capital) to create a PAMM Standard account: USD 200; AUD 200; EUR 200; GBP 200; CHF 200; JPY 20,000; RUB 6,000;
• The Minimum Deposit (Manager's Capital) to create a PAMM ECN account: USD 1,000; AUD 1,000; EUR 1,000; GBP 1,000; CHF 1,000; JPY 100,000; RUB 30,000.
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- Fill in the registration form to create your PAMM account.
Let us view in details all fields in the PAMM Manager: Open New Account form.
- Available funds — select the eWallet currency in which you are going to make a deposit.
- Account name — the name of your PAMM account which the Investors will see the when they accept your Offer, it can outline your trading style. Account name is also used:
> in PAMM account rating;
> in your FXOpen forum thread.
- Account type — the type of PAMM account: PAMM Standard or PAMM ECN.
- Account currency — select the currency of your new PAMM account.
- Phone Password — any word or a combination of words that is easy for you to remember. If FXOpen gives you a phone call, we will ask for your name, address and possibly the phone password to verify your identity.
- Repeat Phone Password — fill in the field to confirm your phone password.
- Forum Login — your FXOpen Forum login.
- Forum Password — your FXOpen Forum password.
- Deposit — the size of Manager’s Capital. It must not be less than the Minimum Manager's Capital.
- eWallet PIN — PIN code for your eWallet received after registration.
- Updating of Investors’ Account. you can choose the renewal periodicity of Investor's Statement. It can be “daily”, “weekly”, “monthly” or “quarterly”.
- Show equity to all — select this option if you want to show the total equity of the account and the Equity tab to all your Investors and others who monitor your account performance
- Show Currencies to all — select this option if you want to show the Summary tab in Advanced Statistics of the account to all your Investors and others who monitor your account performance.
- Show Statements to all — select this option if you want to show the Statements tab in Advanced Statistics of the account to all your Investors and others who monitor your account performance.
- Allow Investor's offers — select this option if you want to get requests from Investors with their own investment parameters.
- Read and accept the document PAMM account Service Regulations.
- Click Create.
Afterwards you will receive an e-mail from
FXOpen detailing your
PAMM account registration information. You will also see a special thread on
FXOpen Forum with your
PAMM account name. Use this thread to communicate with your Investors.
 | PAMM accounts have fixed leverage of 1:100.
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