Manage multiple accounts with EA trading

Feb 12, 2010 at 16:34
5,503 Views
7 Replies
Member Since Sep 18, 2009   86 posts
Feb 12, 2010 at 16:34 (edited Feb 12, 2010 at 16:34)
Dear all,

I want to manage multiple accounts on a platform which support EA trading. I downloaded the MT4 multi-terminal but seems that it does not support EA.

Could anyone advise how I can manage multiple accounts on MT4 platform which also support EA trading? Thanks in advance for your help. 😄

Cheers,

Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Member Since Jan 05, 2010   92 posts
Feb 12, 2010 at 17:03
No such beast.

The next best solution would be your own VPS running each account separately with the EA attached - a bit tedious task once you have a large amount of accounts, if you ask me.
Patience is a virtue.
Member Since Aug 20, 2009   266 posts
Feb 12, 2010 at 17:46
Wallace,

There are several brokers that have a system that allows you to trade multiple accounts through a master MT4 account. Ask them about their money manager products.

The multi-terminal does not support EA's but it is nice for keeping tabs on multiple accounts. Your broker needs to support the PAMM/MAM system. Forex.com has such a system....Alpari(Rus) has such a system although I don't think Alpari(UK) has quite caught up yet.
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robw135
forex_trader_5776
Member Since Jan 17, 2010   140 posts
Feb 15, 2010 at 03:38
There is a product I found which manages multiple brokers which I'm about to test.
I don't want to post the name/address since I don't know what the policy is on that but if any one is interested just PM for the info.
The idea sounds very interesting and may avoid PAMM but like I said I still need to test it, just found it over the weekend.

Member Since Feb 13, 2010   7 posts
Feb 15, 2010 at 08:20
Member Since Oct 29, 2009   12 posts
Feb 15, 2010 at 09:11 (edited Feb 15, 2010 at 09:11)
manageaccount22, if you are seurios about managing other people's account, it could be a good start if you verify your track record and trading privileges, don't you think so?😁

I once saw a tool that sort of does what you want, from itic software. I copy below:

****************
MetaTrader CopyTool Forex Software Conception

CopyTool is MetaTrader4 oriented forex software that makes it possible to copy trade operations between different MetaTrader4 terminals synchronous. This forex software is developed for simultaneous management of multiple accounts, for which is mostly helpful for those whom manage investors' accounts and for traders working with many accounts simultaneously.

CopyTool Forex Software successfully combines great functionalities that allow effective trading with many accounts and with exceptional usability. The maximum amount of active terminals is not limited. This amount depends only on hardware resources of your computer. Installation and usage is very simple. To copy signals you need to know the trade password for slave account and only investor password for master account.

***************

I haven't tried it, so do your own due diligence and tests.

Hope that helps,
Miguel


Member Since Feb 19, 2010   54 posts
Feb 23, 2010 at 11:00
Hi Miguel,

Talking about trade copy tools, I had it. Yes it a very precise system to copy any trade you want. I am using it since last year to manage couple of peoples account. The only disadvantages is is not really suitable to copy trade from a very tight scalping especially in between different broker master and slave. You can see it here myea.50webs.com
Not greedy is the most important factor on your FOREX sucsessfullness.
Member Since Nov 20, 2015   1 posts
Dec 02, 2015 at 13:22
AVA trades seems to have that service,
https://www.avatrade.com/about-avatrade/multi-account-manager

Compatible with EAs (Expert Advisors) and automated strategies

Anyone have tried it?
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