EasyMAM — Easy Multi Account Manager MT4 / MT5

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 MetaTrader 4 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, MAM forex 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 MetaTrader 4 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 in MetaTrader multi account manager

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 in MetaTrader multi account manager

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.