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MetaTrader 4 MultiTerminal
Tentang MetaTrader 4 MultiTerminal platform
MetaTrader 4 MultiTerminal is an addition to the MetaTrader 4 Online Trading Platform, designed specifically for managing multiple accounts simultaneously. It caters to both professional asset managers and independent traders who handle several accounts at once. This platform allows trading across various accounts without switching between them, offering seamless management capabilities.
Traders can efficiently manage up to 128 real accounts and ten demo accounts simultaneously, with the ability to open positions for all accounts in a fraction of a second. This feature streamlines the trading process, saving traders time and effort.
MetaTrader 4 MultiTerminal offers five types of trade volume distribution options among accounts when placing a new order, providing flexibility and customization to meet traders’ preferences and strategies. With an interface similar to the MetaTrader 4 Client Terminal, MetaTrader 4 MultiTerminal ensures ease of use for traders already familiar with the MetaTrader ecosystem.
MetaTrader 4 MultiTerminal prioritizes safety and simplicity, offering increased control over security measures and a simplified interface. It also comes with a detailed reporting feature, allowing investors and managers to access comprehensive reports on trading activities.
In MultiTerminal, traders can open positions using the “New Order” or “Pending Order” tabs, depending on their preference. Traders have various methods of lot allocation when placing new orders in MultiTerminal including Predefined Volume, Total Volume for Each Order, Equal Parts, On Equity Ratio, and On Free Margin Ratio.
MultiTerminal also allows traders to simultaneously close multiple counter positions for one instrument using the “Multiple Close By” tab. Traders can conveniently close counter positions for all or some managed accounts through this feature.
Like MetaTrader 4, MultiTerminal includes a “Market Watch” window to view a list of financial instruments receiving quotes from the server. The “History” tab displays trading operation history for one or all managed accounts, accessible by double-clicking on the account in the “Accounts” window.
Pros and Cons
The MetaTrader 4 Multi-terminal is best known for its ability to manage multiple accounts. We have highlighted the pros and cons of the trading platform below.
Pros
- MultiTerminal features a Toolbox window with various tabs, including news, alerts, mailbox, and journal, similar to MetaTrader 4. Traders can access relevant information by selecting the appropriate tab in the toolbox window, enhancing their trading experience.
- Easily handle multiple trading and investor accounts from a single, robust platform.
- Simultaneously execute various order types across all accounts with ease.
- Stay informed with live market quotes, financial news, and messaging capabilities directly within the platform.
- Exercise complete control over trades, whether manually distributing volume or automating distribution based on equity or equality.
Cons
- The platform lacks extensive customization options compared to some alternatives.
- Users might find the interface overwhelming or challenging to navigate, especially for those new to multi-account trading.
- Certain advanced features available in individual MetaTrader 4 terminals may be limited or unavailable in the MultiTerminal version.
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