PAMM ECN
FXOpen ECN accounts based on the PAMM Technology. These accounts let the Master trade in the ECN environment.
| 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 |
| Spread | floating from 0 pips |
| Commission | from $1 8 half-turn |
| 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; |
| 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) |
- *Half-turn commissions.
The round-turn commission for a 1 lot position (100000) is equal to 5 units of the base currency per round turn.
For ECN accounts with Net Deposit higher than USD 50000 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 with your documents attached including your PAMM account number and the desired leverage.