EasyMAM — Easy Multi Account Manager

Takeprofit Easy Multi Account Manager is an application that organizes mini-hedge funds on MetaTrader trading platforms.

Takeprofit MT5 and MT4 MAM allow fund managers to simultaneously trade and manage multiple client accounts.

The solution assists brokers in attracting professional traders and those who don’t want to spend time on trading but are ready to invest their funds.

What is a Multi Account Manager?

The multi account manager (multi account manager MT4 /MT5) is a software used in financial trading to facilitate the management of multiple trading accounts simultaneously. It is employed by asset managers, professional traders, and investment firms to efficiently execute trades across numerous client accounts with a single master account. 

At its core, the multi account manager functions as a bridge between the master trading account and the client accounts, allowing for the replication of trades from the master account to multiple sub-accounts in real-time. This replication process is achieved through the allocation of proportional trade sizes to each client account, based on predetermined parameters set by the account manager.

How Easy Multi Account Management Works

  • Investor chooses a money manager and allocate his funds to the manager’s account. Thus, investors get sub-accounts in a master’s account;
  • The money manager makes trades using the funds in their account;
  • Profits and losses of the money manager are automatically divided among investors, based on their shares in manager’s account;
  • Investors see their sub-trades, real-time profits and losses, and full account trading reports on their accounts;
  • Investors may deposit and withdraw money from their sub-accounts.

Key Features of Easy Multi Account Manager

Money managers and investors accounts are kept inside MetaTrader. That mean that:
1) Money managers can use all of their tools: EAs, robots, dealers.
2) Trading accounts can be reviewed by regulators.

Our multi account management app is developed with keeping maximum reliability and speed of execution in mind.

It can simultaneously distribute trades to up to 20 000 investors.

EasyMAM provides absolute calculation accuracy. Even a trading volume of 0.000001 lots will show the correct profit.

The solution offers a “hide open trades” feature.

More Advantages of Our MT5 / MT4 MAM

Does not collect or store customer personal data.

Lightweight. Our multi account manager software is not a plugin. It can’t overload your server or freeze it.

Сompatible with third-party bridges and plugins.

Profits are calculated online.

New Feature of EasyMAM — Trader Interfaces

EasyMAM now provides interfaces for investors and money managers. The interfaces enable traders to invest and earn right on your website:

  • Investor interface allow investors to pick money managers and entrust funds to them with one click, as well as stop investing at any time. 
  • Money manager interface provides your managers with their trading statistics.

Traders log into EasyMAM on your website using their MetaTrader login and password.

Investor interface

The interfaces are customizable to align with your brand guidelines and website. We can modify colors, fonts, and logo to suit your preferences.

Support of Easy Multi Account Manager

Installation of MT5 and MT4 MAM solutions can be performed by our support team to ensure smooth and trouble-free integration of the service. This can be done within one day.

Along with multi account manager software you get these paid support plan features for free:

Email and Telegram support during business hours

Emergency 24/7 support hotline

Updates to ensure that all products work with the latest version of MetaTrader platforms and Windows

Developers devoted to finding solutions to your personal needs

Price for MT5 / MT4 MAM

To get the pricing options and a free trial of MT5 or MT4 multi account manager software, fill out and submit this form. We’ll get back to you within one business day.
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Easy Multi Account Manager is included in the Essential and Money Management discount bundles.

Customers Say

The best one for our purposes

Takeprofit Multi Account Manager turned out to be the best one for our purposes. The most important factor is the option to reflect all MT5 account trades both for the master and slaves. We also appreciate the fact that a WL broker can see all his MAM accounts in his own GUI.  What we would like to see is an option to attach slaves automatically if a new account is opened in a slave group.

The most valuable tech support feature is its availability via Skype and willingness to help and solve the problems. Sometimes we need to wait. That happens when a question is more technical, and there is a need to discuss it with the IT department.

Chris Dankowski, Chief Business Development Officer at Match-Trade Technologies

Flexible and fast in product customization and tech support

Takeprofit is flexible and fast in product customization and tech support. Its EasyMAM is the first PAMM product that we work with. The solution is easy to understand and use. Most importantly it is highly customizable which is important for us and our clients. However, the occasional bugs are disruptive to our business. For example, one of the issues made us stop trading for several days. This part should be improved – when our client base gets bigger we cannot afford such downtimes.

Velos Technology

Has simplified our work

EasyMAM fully met our business requirements. The solution allowed our master account to work seamlessly, and workflow has simplified our work. What might have done our life simpler is a demo set on a third-party demo server.

Amook, CTO at FX Broker Tools

easymam

The accuracy in order distribution

When choosing a multi account manager we also considered the Trading Room solution by B2Broker. What made us pick Takeprofit EasyMAM was that our client was using the same software. And in addition, Takeprofit had a reasonable pricing plan.

What we like the most about the tool are the accuracy in order distribution and linking and unlinking investors to money managers through a GUI. What we lack is Arabic support.

Ouais Wajhani, CEO of Arab Platform Capital

Arab Platform Capital - multi account manager

Minimum questions, maximum results

That is such a pleasure to work with real professionals. Minimum questions, maximum results.

Tenko FX

The best speed we could get on the market

Takeprofit Multi Account Manager has the best speed we could get on the market to get transactions placed in each slave account. And the most valuable in tech support is the way how efficiently the guys respond and how fast they solve our problems. As well as their patience and understanding of what we need. I think the support team is doing a great job.

Brokerage name not disclosed, as per client’s request

Attach in MT5 / MT4 Multi Account Manager Software

Important to note before attaching investors:

  • A money manager must have zero personal deposits before investors can be attached.
  • An investor should not have had any trades before being attached to a money manager.

To attach an investor account to a money manager account, follow these steps:

  1. Navigate to the “Investors” tab.
  2. Right-click on the investor account.
  3. From the menu, select the “Attach” button:
  4. Specify the ID of the money manager account:

After a click on “Attach” button, EasyMAM service will start the process of “attaching” the investor account to its new money manager:

When an investor is attached, his account receives the money manager’s account ID:

For bulk attachment, the investors should be filtered to display only the detached ones.

Click the “Batch attach” button and enter the ID of the money manager account to which these investors must be attached.


Detach in MT5 / MT4 Multi Account Manager Software

While attached to the money manager account, all investor accounts have the ability to receive new trades, earn profits, and experience losses.

If an investor wants to prevent any further trading activities on their funds, the investor account must be detached from its associated money manager. To detach an investor account, follow these steps:

  1. Navigate to the “Investors” tab in the application.
  2. Right-click on the investor account.
  3. From the menu, select the “Detach” button:

If an investor account has open positions, EasyMAM will close them for that particular investor account and partially close the money manager account’s positions. The partial closure will be equivalent to the volume of the detached investor account positions.

When detaching an investor account, the position volume can be rounded up or down. The rounding is performed according to the minimum step of the Symbol volume.

As a result, there are three possible ways to detach an investor account:

  1. Detach with partial closing on money manager round UP. In this case, when detaching, the volume of detached investor deals will be rounded UP.
  2. Detach with partial closing on money manager round DOWN. In this case, when detaching, the volume of detached investor deals will be rounded DOWN.
  3. Detach without partial closing position on money manager. In this case, the investor account will be detached without receiving the profit or loss from any open positions in the money manager account.

Examples of investor detach with partial closing on money manager round UP and DOWN

  • The minimum volume step of the EURUSD symbol is 0.01.
  • The money manager account has an open position: EURUSD 2.65 lots.
  • Two investor accounts with equal balance amounts are attached to the money manager account.
  • Each investor account receives EURUSD 1.325 lots.

If an investor is detached with partial closing on money manager round UP, the investor will get a closing volume of 1.33 lots from the money manager’s position.

If an investor is detached with partial closing on money manager round DOWN, the investor will get a closing volume of 1.32 lots from the money manager’s position.

For bulk detachment, the investors should be filtered to display only the attached ones. Click the “Batch detach” button and choose the detach mode. Then, click the “Detach” button.


If this field stays checked, the balance of the money manager and investor accounts will differ after Stop Out is applied. This occurs because the Money manager’s negative balance will be compensated according to this rule.

Stop Loss in MT5 / MT4 Multi Account Manager Software

The Stop Loss function restricts the amount of money that should be present in an investor’s balance at all times (in the currency of the account’s balance). An automatic detach occurs whenever the current equity falls below the Stop Loss value.

To set the Stop Loss for an investor account, follow these steps:

    • Go to the “Investors” tab and select the investor account.
    • Right-click on the investor account and choose “Change SL”:

  • Specify the Stop Loss value:
  • Click “SET SL” and EasyMAM will display the Stop Loss value in the SL column:

For bulk setting of Stop Loss, investors should be filtered to display only attached ones. Click the “Batch set SL” button and set the stop loss amount.

Click the “Set SL” button to apply the settings to the selected investor accounts.

After clicking “Set SL”, the specified Stop Loss value will be recorded for the specified accounts in the SL column. If the Stop Loss amount exceeds the current equity of an investor account, it will be automatically detached.

It is possible to use a negative value to set SL. In this case, the investor account will not be detached even if it has a negative balance.

Incentive in Multi Account Manager Software

EasyMAM offers the option to reward money managers for trading performance.

The reward (incentive) calculation in Easy Multi Account Manager MT4 /MT5 follows a high-water mark logic. It means that the incentive is paid only if the overall profit of all the money manager’s trades is positive since the last incentive payment.

As money manager accounts cannot have their own money, the incentive will be paid to a designated incentive account owned by the money manager.

If you create an incentive account, it can belong to any group, but it must be added to the manager’s group list to make the incentive payment process possible.

Here is an example:

  • 3 investor accounts are attached to a money manager account.
  • The money manager account executes trades, resulting in a total profit of 1000 USD for all these trades.
  • EasyMAM calculates the incentive and creates a deposit operation for the specified incentive account.
  • After the payment, the money manager account continues to trade and incurs losses of 2000 USD (indicating that the profit of all new trades is -2000 USD).
  • When the incentive calculation is triggered again, EasyMAM does not create any new balance operations.
  • After that, the money manager account executes some more trades, resulting in a profit of 1500 USD.
  • However, according to the high-water mark logic, the money manager account must first recover all the losses before any further incentive can be paid. In this example, the money manager account loses 2000 USD and then earns 1500 USD, resulting in a total negative profit of -500 USD.
  • The money manager account continues to trade, eventually achieving a profit of 3000 USD. So, the overall profit now stands at -500 USD (previous loss) + 3000 USD, totaling 2500 USD.
  • At this point, EasyMAM can calculate the incentive based on the 2500 USD profit.

Set incentive

It is possible to set up to 3 incentive accounts for each investor account:


Once configured, the current incentive value will be in the “Incentive” tab in the GUI:

For bulk incentive setup, investors should be filtered to display only the attached ones.

Click the “Batch set incentive” button:

Enter the incentive account index, incentive account login, and incentive account percent:

Then click the “Set incentive” button to apply the changes.

Calculate incentive

To calculate incentive, choose the investor account in the “Investors” or “Incentive” tab. Right-click on the chosen account. Click the “Calculate Incentive” button in the menu:

It is possible to see the incentive operation in the trading history of incentive account after the payment:

It contains the following comment:

i M:’money manager_account_id’;S:’investor_account_id’.

Example: i M:’17500′;S:’17400′

Starting from version 5.86, EasyMAM supports the function of calculating incentives for a specified interval of days.

To calculate the incentive for a specified interval of days, follow these steps:

  1. To calculate it for a single investor account, click the “Calculate Incentive” button.
  2. To calculate it for multiple selected investor accounts, click the “Batch Calculate Incentive” button.
  3. Click on the “Calendar” icon:
  4. Select the start date and end date of the interval, and EasyMAM will calculate the incentive for this specified range of days.
  5. After selecting the days for the calculation, confirm the settings by clicking the “Apply” button. To calculate the incentive based on the specified interval, press the “Calculate” button.

FAQ

What is the main purpose of multi account manager MT5 and multi account manager MT4?

The main purpose of a multi account manager MT5 and multi account manager MT4 is to allow professional money managers to efficiently trade and manage multiple accounts from their single master account. This capability can attract novice traders and contribute to the growth of trading volume.

Is Easy Multi Account Manager software difficult to use?

No, MT5 and MT4 MAM software is designed to be user-friendly and easy to navigate. The interface is intuitive and straightforward, and users can easily find the features they need. In addition, the software comes with a comprehensive help file that provides step-by-step instructions for using all of the features. Overall, MAM software is not difficult to use. Our technical support team is available 24/7 to help you with any technical difficulties you may be having.

What are the differences between MetaTrader MAM and PAMM?

Both MetaTrader MAM (Multi Account Management) and PAMM (Percentage Allocation Money Management) have their own advantages and disadvantages.

PAMM is usually used for such systems where investors invest their money in a “common pot” (such as an investment fund), the manager trades on this common pot, and profits (or losses) are distributed among all investors in proportion to their investments. For example, if one invested $100, and the second invested $200, then the first will receive twice as much profit or sustain twice as big a loss as the second since the second has invested twice as much.

MAM is a system where investors entrust the management of the funds in their account to another person so that this person can conduct any transactions directly in the investor’s account. In general, there are several separate accounts under the supervision of a money manager, and they decide which transactions will appear on which account (for example, they may choose to open a deal on all accounts of the same size, or proportional size, or open it on one, but not on another — all of this is at the discretion of the money manager).


Why is the MAM plugin considered bad? 

It’s important to note that the perceived goodness or badness of an MAM plugin or app depends on the quality, security, and features offered by the specific implementation. Additionally, user preferences and requirements play a significant role in determining which solution is better suited for a particular situation. 

However, a plugin is software that is installed on the server, so it occupies the server’s space, and in case many calculations are done, the server may freeze.

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