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Are there any trading platforms designed to trade multiple accounts ?
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Adolis

Member Since Feb 12, 2019  11 posts Adolis Jan 07 at 14:12
I think it's possible on mt5, and other terminals. This is a known format for risk diversification and I think it should be in demand, too. On the other hand, even if this format is not provided for your broker, which you are used to, you can open several accounts in one company and trade from several at once. I don't think this is very convenient, but if you really need it, why not?

JaniceLiu

Member Since Dec 30, 2019  14 posts JaniceLiu Jan 08 at 03:02
some brokers provide MAM & PAMM account, but people who manage multiple accounts should focus on the profit share and make sure that you have warranty to take what you have to get.

AdamCantor

Member Since Mar 18, 2019  50 posts Adam Cantor (AdamCantor) Jan 08 at 14:39
JaniceLiu posted:
some brokers provide MAM & PAMM account, but people who manage multiple accounts should focus on the profit share and make sure that you have warranty to take what you have to get.


agreed. although i stay away fromsuch accounts. never used them but heard some horror stories. you ever had them?

tradeFX4btc

Member Since Sep 13, 2017  70 posts tradeFX4btc Jan 09 at 10:47
Since Metatrader doesn't have an api, it requires running the platforms and using a trade copier bridge to these other accounts.

cTrader has an api, so managing several accounts simultaneously is much easier and doesn't require hosting the additional platforms.

Also any brokerage with an external api such as oanda can also work similar to ctrader.

(Environmentally friendly)
jamesgwyther

Member Since Aug 05, 2017  276 posts jamesgwyther Jan 09 at 12:55
I dont think so

Professional4X

Member Since Jan 05, 2016  1189 posts Professional4X Jan 12 at 05:43
Yes, it's available.

Talk to your broker and ask them for a copy of the Multiple terminal version of Metatrader.

The brokerage will usually have additional rules and account requirements for investors wishing to trade multiple accounts.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X

Member Since Jan 05, 2016  1189 posts Professional4X Jan 12 at 05:44
tradeFX4btc posted:
Since Metatrader doesn't have an api, it requires running the platforms and using a trade copier bridge to these other accounts.

cTrader has an api, so managing several accounts simultaneously is much easier and doesn't require hosting the additional platforms.

Also any brokerage with an external api such as oanda can also work similar to ctrader.


Metatrader has an API. And it's well documented.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
ProfitableRisks

Member Since Dec 18, 2019  38 posts ProfitableRisks (ProfitableRisks) Jan 12 at 05:50
Professional4X posted:
Yes, it's available.

Talk to your broker and ask them for a copy of the Multiple terminal version of Metatrader.

The brokerage will usually have additional rules and account requirements for investors wishing to trade multiple accounts.


More than 4 accounts will require a license, I have to provide a trading license before I was allowed to trade up to 8 accounts on a broker multiterminal

Trender
AdamCantor

Member Since Mar 18, 2019  50 posts Adam Cantor (AdamCantor) Jan 14 at 12:54
HappyFran posted:
Oanda can. You can calculate position size if your accounts to tradingview


this is PAmmaccoutn or individual?

ufotech

Member Since Jan 05, 2020  19 posts ufotech (ufotech) Jan 15 at 01:21
You can install more than one instance of MT4 on your computer and trade multiple accounts with them.

If you want to be profitable, make profitable trades.
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