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Trade and manage multiple accounts with our PMAM platform
Manage several forex accounts with ease, using the IronFX Personal Multi Account Manager (PMAM) platform. Benefit from one of the most flexible and advanced platforms currently existing within the industry, suitable for both professional traders and money managers.The PMAM platform allows money managers to trade and manage multiple MT4 accounts at the same time. It offers clients an intuitive money management solution, featuring advanced tools to enable optimum market execution.
PMAM benefits and trading features:
The IronFX PMAM software makes trading easier to manage, taking the stress out of handling multiple accounts. It allows the trader to focus on trading through the MetaTrader 4 Master Account, as PMAM takes care of all the other processes involved.
Manage orders, positions and equity online
One-click order entry
Manage unlimited accounts
Monitoring of financial instruments' prices and forex rates
PMAM supports a total of 8 allocation methods, with the allocations by volume listed below:
Used to divide volume of the master trade to the sub accounts, according to the set parameter of the sub accounts. It allows trading with variable lot sizes on the master account. The allocation to the sub accounts will be proportional to the set lot sizes provided for each of them.
Used to divide volume of the master trade to the sub accounts according to the set percent (%) parameter of the sub accounts. The allocation to the sub accounts will be calculated as a percentage of the master trade volume.
Proportional by Balance allocation
Used to calculate the proportion of the master trade volume according to the balances of the sub accounts. This method does not require additional settings. The fraction of the master trade volume is calculated automatically.
Proportional by Equity allocation
This method is similar to the previous allocation in the way that proportion is calculated automatically. The difference is that equity is used instead of balance. This method does not require additional settings. The fraction of the master trade volume is calculated automatically.
Equity percent allocation
Used when the user requires allocating to sub accounts on a percentage basis of each individual sub account. The idea is to make it possible to define the risk for each individual sub account. This method is using percent (%) parameter of the sub accounts to define the percentage of the sub account equity which will be traded in every trade.
Allocation by Equal Risk
Is introduced to address the problem of margin control on the sub accounts. Sometimes the sub accounts are stopped because of the low margin level. No other allocation method is taking into consideration the margin level of the individual sub accounts. But with this method it is possible to set the minimal % level for each of the sub accounts.
Percent allocation by p/l
This method is made without opening positions on the sub accounts, but when the master position is closed the allocation to the sub accounts is made with a deposit/withdrawal transaction. It is used when the user requires allocation to the sub accounts on a percentage basis according to the set percent (%) parameter similar to the percent allocation method.
Proportional allocation by p/l
Similar to the previous method in the way that no trades are open on the sub accounts. The deposit/withdrawal is made to the sub accounts when the master trade is closed. This method is used when the user requires allocating to sub accounts proportionally to their balances.
Learn more about the PMAM platform
Use our handy guide to discover more about the IronFX Personal Multi Account Manager platform. There you will find further details about how to log on and more information about the tabs, sub account allocation settings, and the full list of allocation methods.
Risk Warning: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.