MetaTrader 4 Multiterminal
The FXFlat MetaTrader 4 MultiTerminal is the ideal platform to manage multiple MT4 accounts in an effect and time saving manner within a single terminal.
MetaTrader 4 MultiTerminal is based on the structure of MT4 trading platform and is specially designed for simultaneous management of multiple accounts. The platform is an ideal tool for all traders who want to work and trade with many accounts simultaneously without having to switch between them.
The interface is very similar to that of the MetaTrader 4 client terminal and combines ease of use and numerous functionalities that enable effective handling of multiple accounts.
MT4 MultiTerminal Features
- Open positions on multiple trading accounts simultaneously with just one click
- Manage up to 128 real money accounts simultaneously
- 5 different ways to divide the order volume between accounts when placing new orders
- Multiple types of trade orders, including linked orders
- Real-time management and execution
- Internal reports for completed transactions
- MetaTrader 4 Client Terminal Structure and Multilingual Interface
Download the latest version of MT4 MultiTerminal here. The MT4 MultiTerminal version will update automatically upon login when an update is available.
Differences between MT4 and MT4 MultiTerminal
| Feature | MT4 - MultiTerminal | MetaTrader 4 |
|---|---|---|
| Selective order definition and trading on up to 128 real money accounts simultaneously | Yes | No |
| Chart display | No | Yes |
| Use of Expert Advisorn, scripts and indicators | No | Yes |
| Use of MT4 mobile app and WebTrader | No | Yes |
FAQ - MultiTerminal
- Download and install the FXFlat MultiTerminal from our website
- After the successful installation, the existing server environment should be checked. Are you in the desired live or demo environment? Go to Tools -> Options -> Server
- Then go to File -> New account and log in to the corresponding trading account with your access data
- If you would like to use additional accounts via the MultiTerminal, step 4 must be repeated
The MultiTerminal can only be used with FXFlat MetaTrader 4 trading accounts. It is not possible to use MT5 accounts.
FXFlat has two trading environments. The FXFlatMT4 LiveServer environment handles real money trading, while the FXFlatMT4 DemoServer is available for demo accounts. So you can only trade live accounts together via the live server, simultaneous trading with demo and live accounts is not possible.
FXFlat has two account models, which separate trading for standard clients and professional clients respectively. Professional clients have an additional apostrophe suffix attached to the symbol name (e.g. EURUSD'). Only symbols with the same naming can be traded through MultiTerminal. So trading EURUSD and EURUSD' is not possible.
Start the MultiTerminal and go to the market overview on the left side of the MultiTerminal.
Load the symbol you want to trade. If the desired symbol is in the market overview, you can set a market order via the New tab, a pending order can be stored in the Pending tab.
Via the Lot Allocation tab you can choose between five methods of position sizing. The following options are available:
Predefined Volume: With this method, you manually define the position size per account before the order.
Total volume for each order: You define a position size which should also apply to all linked accounts.
Equal parts: You define a position size that is distributed equally among all linked trading accounts.
On equity ratio: The position size depends on the capital of the respective trading account, the position size is calculated proportionally.
| Total | Account #1 | Account #2 | Account #3 | |
|---|---|---|---|---|
| Equity | €4,300.00 | €559.00 | €1,419.00 | €2,322.00 |
| Ratio | 100 % | 13.0 % | 33.0 % | 54.0 % |
| Lots Allocation | 2 Lots | 0.26 Lot | 0.66 Lot | 1.08 Lots |
On free margin ratio: The position size is calculated from the available free margin of the respective linked trading account.
| Total | Account #1 | Account #2 | Account #3 | |
|---|---|---|---|---|
| Free Margin | €5,840.00 | €759.20 | €2,219.20 | €2,861.80 |
| Ratio | 100 % | 13.0 % | 38.0 % | 49.0 % |
| Lots Allocation | 3.5 Lots | 0.45 Lot | 1.33 Lots | 1.72 Lots |
Select the symbol from the market overview and enter the desired order properties in the order mask.
Total Volume allows you to determine the position size, which will be used for all subordinate accounts as well. Under Lot Allocation you can use other methods of position sizing (see Definition - Lots Allocation).
Optionally, the market order can also be provided with a stop loss, take profit or a comment.
If all values are entered correctly, the order can be instructed for execution via Buy by Market (long position) or Sell by Market (short position).
The order will then be visible in the Orders tab.
In the tab window Pending, you can enter pending orders. Using the existing order mask, you can provide the order with the parameters:
Symbol: The selected trading instrument
Total Volume: Position size, which should be stored for all linked accounts
Lots Allocation: Different methods of position sizing can be selected
Open Price: The desired price of your order
Type: Choose between Buy-/Sell-Stop and Buy-/Sell-Limit the desired order type
Optionally, you can specify a stop loss, take profit, comment and an expiration date for the order.
Click on Place to confirm and submit the order.
You can modify existing orders afterwards, if they have not been executed yet. In the Modify tab you will find all existing orders of the connected trading accounts.
Using the checkboxes, you can select individual, several or all orders that are to be affected by the changes. Afterwards, stop loss, take profit, open price and the expiration date can be changed with a click on Modify.
The Close tab can be used to close positions.
Select the trading instrument to be closed under Symbol at the very top.
The MultiTerminal then displays the positions of all connected accounts for this symbol. You can use the checkboxes to select the desired positions to be closed.
By clicking on Close, the selected individual or overall position can now be closed.
The MetaTrader platform has the possibility to close two opposite positions of the same symbol. Thus, a Close By order will offset a long position with a short position.
If the selected positions have different lot sizes, the offsetting of the positions will result in a residual position which will continue to run.
Example: Buy 1.0 DE30 against 0.5 Sell DE30 via Close By order will result in an overhang position of Buy 0.5 DE30 after netting the positions - 1.0 Buy - 0.5 Sell = 0.5 Buy
Via the Close By tab, all existing positions of the linked accounts are displayed symbol-specifically. Finally, the positions can be selected via the checkboxes and then offset with each other by clicking on Close.
The MetaTrader platform has the ability to close multiple opposing positions of the same symbol with each other. Thus, a Multiple Close By order will result in netting more than one long position with more than one short position.
If the selected positions have different lot sizes, the netting of the positions will result in a residual position that will continue to run.
Using the Multiple Close By tab, all existing positions of the connected accounts are displayed in a symbol-specific way. Finally, the accounts and positions can be selected via the checkboxes and then offset with each other by clicking on Multiple Close By.