(PRWEB) August 09, 2013
ForexMinute reports that traders can now get Multi Account Manager at PFD, a renowned Forex, futures, options brokerage firm. PFD stands for Pacific Financial Derivatives Ltd (PFD) which is a New Zealand registered company. It is 100% owned and controlled by a Japanese investor who has experience providing the services has carved a niche in the market.
Talking about Multi Account Manager, a researcher at ForexMinute says, Multi Account Manager (MAM) is designed for Money Managers and comes with several key features. It can be plugged on MT4 servers that will help s the manager execute block orders on the Master Account. Subsequently, it will assist in automating the trade allocations in proportion to the equity to the slave/sub accounts.
Regarding several benefits and features, he further says, You can trade block orders from a single Master Account with the help of the MT4 client terminal. Also, with it, you may receive and unlimited number of customer accounts and also monitor commissions and performance in a real time scenario. Nonetheless, it helps or allows system trading including Expert Advisor (EA) trading.
With the Multi Account Manager traders can manage Monthly, Quarterly and Annual client reports. Additionally, it allocates to slave/sub-accounts as little as 0.01 lot (1000 currency units). However, to apply for this, certain criteria or requirements are in place; for instance, there must be minimum of 10 slave/sub-accounts; and MAM Power of Attorney and Compensation Acknowledgement Forms for any slave/sub accounts. Last but not the least; The Money Manager mandatorily needs to have the relevant license/authorization.
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