NordFX MetaTrader MultiTerminal represents a significant leap in trading technology, specifically designed for traders and managers who simultaneously operate multiple accounts. This program combines the familiarity and ease of the MT4 platform with advanced features tailored for multi-account management, ensuring both efficiency and security with its Advanced Security solution.
User-Friendly Interface with Comprehensive MT4 Features
The MultiTerminal, with its user-friendly interface, mirrors the main features of MT4. This design choice ensures that even traders new to the platform can quickly adapt. Users can seamlessly transition from market analysis on MetaTrader 4 to executing trades on MultiTerminal.
Key Advantages of MetaTrader MultiTerminal
- Versatile Order Management: The program allows for the placement and modification of buy and sell orders. Traders can close positions either fully or partially, catering to various trading strategies.
- Investor Account Operations: All operations are conducted within the investor’s account. This feature allows for a lighter supervision requirement over the manager’s actions, enhancing trust and transparency.
- Flexible Trade Volume Distribution: The system offers both manual and automatic options for distributing trade volumes across accounts. This can be done through equal distribution algorithms or by allowing the program to automatically allocate volumes based on the equity ratio of each account.
Important Considerations
- Preparation is Key: We strongly advise studying the MultiTerminal User Guide and testing the program on a demo account before live implementation.
- Server Consistency: All managed accounts should be located on the same server for optimal performance and ease of management.
The Essence of MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal is an enhanced version of the globally renowned MT4 platform. It caters to a diverse range of users, including traders employing multiple strategies, PAMM managers, and trading signal providers participating in the NordFX Copy Trading service.
Diversification and Strategy Management
In line with the adage of not putting all your eggs in one basket, NordFX encourages its clients to diversify risks by utilizing different trading strategies. This is facilitated by a wide range of trading instruments available across various account types: Fix, Pro, Zero, and Stocks. However, managing different strategies through a single terminal can be challenging. MetaTrader 4 MultiTerminal addresses this issue by enabling the management of multiple accounts, each potentially employing a different trading strategy. This allows NordFX clients to execute tailored transactions on each account, be it uniform order volumes across all accounts or varying transaction sizes based on available funds, balance, or profit.
Interface and Usage
While MultiTerminal boasts a simple and intuitive interface akin to the standard MT4 for PC, it also incorporates specific features unique to multi-account management. Therefore, after downloading MultiTerminal from the NordFX website, it is crucial to familiarize yourself with the Manual to fully leverage its capabilities.
In conclusion, NordFX MetaTrader MultiTerminal is not just a tool but a gateway to efficient and secure multi-account trading, providing an indispensable resource for modern traders and managers.