This advanced money manager software was developed by our SmartTradeFX R&D team, to allow money managers to allocate trades done by one master account proportionately to each of their clients’ individual accounts.
How does it work?
All you need to do is have your clients registered and their accounts funded and ready to trade. Then all we need to do is set the leverage and the multiplier to the correct proportions in relation to the funds on hand.
Important information:
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Ability to manage accounts through an EA or manually trade clients accounts
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All types of order entries are allowed, including partial closing of an existing position
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As a slaved managed account your clients can trade for themselves in addition to having you manage their account
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Once the self trader intervenes in a position opened by a managed account trader then the trade must be closed and operated by the self trader as the managed account trader will lose access to control that position.
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As a client, you can have an unlimited amount of account managers trading this account for you at once.
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As an account manager you can control an unlimited amount of client accounts
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Managed and master accounts are controlled and operated on our MT4 platform.
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Send our managed account team an email for an example, managedaccounts@smarttradefx.com
Important! A managed account can trade a similar or greater position size then the masters but never smaller.
How does it show on your account?
At the master account two trades have been executed,
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EURUSD marked in green
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USDJPY marked in yellow
In the managed account two positions executed at the same time and quotes with a multiplier of 2.7 of the Master account’s trades.