Multi Account Manager (MAM)


 

 

Beacon FX Multi Account Manager (MAM) is a brilliant solution designed for money managers or clients looking to appoint a trader on their account on the basis of a limited trading power of attorney. Beacon FX MAM allocates trades from any number of master accounts to any number of sub-accounts, in real-time, automatically.

It is an essential integrated software tool to quickly execute block orders with one click under a master account arrangement and conveniently automate trade allocations to client accounts.

How Beacon FX MAM Works

 

The MAM software enables a simple way of handling multiple accounts with all commissions accrued automatically, making it efficient for fund managers to trade with clients’ accounts in a transparent way.

All managed accounts can be traded from a single MT4 client terminal application. MAM has been designed with keeping maximum reliability and speed of execution in mind. In brief, MAM is integrated into the MT4 Server.

All order processing is from Beacon FX -MT4 Server, which allows the fastest and most reliable integration. Hundreds of accounts can be traded with one click and virtually no delay in allocations.

 

Profits

Profits from closed orders are automatically distributed to the original account owners (Follower Accounts).

 

Losses

Losses from closed orders are calculated according to the funds that were used during the trading activity. This guarantees that the Manager handles all funds appropriately and never risks more than he has previously agreed on with his Investors.

Features & Benefits

 

Unlimited number of trading accounts

Trade sizes from as 0.01 lot (1000 currency units)

Live P&L data for clients

Easily manage Monthly, Quarterly and Annual client reports through MT4 Manager

Full SL/TP functionality

Ideal for Expert Advisor (EA) trading on multiple accounts

How To Apply for MAM

 

  • Both Manager and Investors are required to open a real trading account with Beacon FX .
  • Investors must complete a limited Power of Attorney, which empowers the Manager to trade the funds on their behalf.
  • Investors must send the signed limited Power of Attorney to cts@beaconfx.com.
  • The Manager has the responsibility to contact cts@beaconfx.com and request that his real trading account has the MAM software enabled and all authorized accounts are set manageable by his Master Account.

 

Please note:

The Investors can revoke the limited Power of Attorney at any time by contacting cts@beaconfx.com

MAM is recommended for our partners, money managers and fund managers who wish to manage trades on behalf of their clients.

Click here to download Personal Multi Account Manager User Guide