FP Markets PAMM Account

Follow experienced traders and replicate the ones that best suit your investment goals with an FP Markets PAMM account. Or sign-up to become a signal provider. We'll discuss both options below.

How to open a PAMM account

First, open a live trading account on F************, as if you were trading on your own account. You can apply to open either a Standard account or a Raw account for now. Play the video to follow this process step-by-step.

Once you've logged in to your client portal, click the "Social Trading" link on the left-hand side to search and compare Signals Providers. You can filter traders based on their trading activity, and rank them based on their return over different time frames.

Once you found a Signal Provider you'd like to follow, click 'Invest' to go to the Subscription's registration page. On the right-hand side of the page, you can review important information such as the trader's performance fee, how often the fee is charged and the minimum amount you'll need to deposit to activate the copy relationship.

FP Markets provides a wide range of risk management tools to help you maximise your profits, and cap your losses. For example, you could end the copy relationship automatically once you've reached either a fixed dollar amount of potential profits or losses. You may also temporarily pause the copy relationship, or close copied trades individually. This level of control explains why it calls its service a "copy trading" service, rather than a pure-play PAMM service, where your funds would be pooled with that of other investors.

How to become a Signal Provider

If you're a successful trader, register your interest in becoming a Signal Provider on F************. FP Markets accepts all trading styles on MetaTrader 4 or 5, and places no restrictions on your use of Expert Advisors. Choose a performance fee up to 50% of the profit you help your followers generate, as well as a payout interval, which could be either on a daily, weekly or monthly basis.

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About the author

I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.

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