We do however provide our clients with a tracking link page, which is regularly updated and gives them both visual and statistical analysis of the standing of their investment. While all forex brokers allow you to make trades on your own account, only a select few enable you to employ professional managers to trade your account on your behalf. When choosing a multi account manager we also considered the Trading Room solution by B2Broker. What made us pick Takeprofit EasyMAM was that our client was using the same software.
That’s why we offer multiple account traders and money
managers the MetaFx MAM (Multi Account Manager) software. MAM has
significant advantages over other comparable platforms like
MetaTrader Multi Terminal for example. The solution allowed our master account to work seamlessly, and workflow has simplified our work.
An investor gets to allocate his or her money in desired proportion to the qualified trader(s)/money manager(s) of his or her choice. These traders/managers may manage multiple forex trading accounts using their own capital and such pooled moneys, with an aim to generate profits. Multi-Accounts Trader MAT ( MAM \ PAMM ) accounts are a simple hassle-free method for individuals to pick and choose their money managers for forex trading. The main purpose of a multi account manager MT5 and multi account manager MT4 is to allow professional money managers to efficiently trade and manage multiple accounts from their single master account. This capability can attract novice traders and contribute to the growth of trading volume. The software maintains all the trading functionalities on MT4 and MT5, including placing or editing orders, limiting orders set up, and closing positions.
Traders can experience the full MAT for MT4 and MT5 functionality using TradeToolsFX web trader (included in the system). Takeprofit Multi Account Manager has the best speed we could get on the market to get transactions placed in each slave account. And the most valuable in tech support is the way how efficiently the guys respond and how fast they solve our problems. managed forex accounts Installation of MT5 and MT4 MAM solutions can be performed by our support team to ensure smooth and trouble-free integration of the service. The MetaCore MAM solution has been designed with constant attention to the reliability and speed of any operation. The interface is intuitive and straightforward, and users can easily find the features they need.
It’s a technical software setup that allows for multiple client accounts to be automatically consolidated into a single, centralized terminal for the account manager to trade from. In our case, we use a single installation of the trading terminal program MetaTrader 4 (MT4) to trade each strategy. For professional traders and regulated asset managers, Hantec Markets’ Multi-Account Manager (MAM) is the perfect way to simplify the management of your MT4 accounts.
Multi Account Manager “MAM5” software for the MetaTrader 5 (MT5) Server trading platform. The MAM5 broadens the functionality of the MetaTrader by enabling the Money Manager to effectively trade and manage multiple accounts from a single MT5 interface. A Multi Account Manager is quite simply software that integrates into your MT4 that allows money managers to place orders in bulk, in an unlimited number of accounts. The process is fast, efficient and can be executed from one trading terminal.Who can use the MAM? Well, Professional Traders and Investment Firms that have the authority to manage funds on behalf of their clients can use the Tickmill Multi Account Manager. MAM is designed specifically for Money Managers that utilize the MetaTrader 4 Trading Platform.
What might have done our life simpler is a demo set on a third-party demo server. Most importantly it is highly customizable which is important for us and our clients. This solution fully automates the process of distributing profit/loss and trade volumes across all accounts, mostly removing the potential for human error with trading via multiple copies of MT4.
To illustrate, if you manage 10 accounts, with a MAM account you will only need to spend a tenth of the time you would normally use to trade all your clients’ accounts. The time saved, therefore, can be put to better use to things such as conducting research, which in turn should lead to more informed trading decisions. If you are looking to save even more time, combining your multi account manager with automated trading strategies (Expert Advisors – EAs) is an option. Though if you’re an investment firm or a professional trader managing client money, or a finance-savvy trader who manages your extended family members’ trading accounts, trading using a MAM account is an option.
Contact our dedicated customer support with any questions you have about the platform.
PAMM, or percent allocation management module, has different allocation parameters compared to MAM. For that reason, under PAMM, you cannot assign different leverages to each sub account, nor can you separate your own money from the master account. MAM5 has been designed with keeping maximum reliability and speed of execution in mind. All processing is centralized and server based, which allows the fastest and most reliable integration.
While working in the field of programming of financial applications and MetaTrader support we have learned to follow one simple principle – reliability is the priority. And just because of this, we are using our own well tested libraries for the core logic even in the simplest applications. Due to this, we have been able to increase the stability of the products and lower the costs of the projects. Leverage your existing trading skills and evolve as a professional Money Manager with the support of an award-winning broker, that is trusted and respected globally. Grab the opportunity to use MAM for MT4 and start making better trades for your clients today. If you trade simply to manage your own capital, feel free to trade using any account.
The software also provides a variety of tools to help traders make better trading decisions. The Multi-Account Trader MAT ( MAM \ PAMM ) is a convenient trading tool to operate multiple MT4 and MT5 trading accounts simultaneously, while trading from one Master Account. https://www.xcritical.in/ Trade Tools FX has always been about creating quality and integrated solutions to give clients the best possible experience. We are excited to bring Multi-Account Trader MAT well known as PAMM / MAM as one of strongest innovative products to ever hit the Forex market.
- The manager will have “skin in the game” where signal providers and other forex gurus may not have money committed to the strategy.
- To illustrate, if you manage 10 accounts, with a MAM account you will only need to spend a tenth of the time you would normally use to trade all your clients’ accounts.
- Contact our dedicated customer support with any questions you have about the platform.
- The Multi-Account terminal enables money managers manage the accounts depending on different trading strategies to meet clients’ requirements.
- If you’re already a seasoned forex trader, or are just starting out and looking for an easier way to manage your trading, then forex account management software is definitely worth considering.
We have clients who prefer to have their investment broken up across several different trading strategies and instruments, although most prefer to. Market conditions are always changing, and day-to-day, the money markets will be moving differently to the commodity markets, which will be moving differently to the equity markets. Managed account investors can often obtain advanced real-time and transparent reporting on trading portfolio performance from brokers. By contrast, pooled investment vehicles like ETFs and mutual funds often only provide quarterly reporting. If you’re a professional trader that manages money for other clients, then you need low costs, great support and technology. We have split all the functionality of the solution between a MAM plugin for MT4 and MT5 servers.