MetaQuotes Launches MAMM Plugin for MT5

MetaQuotes, the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term provider, today announced that following the growth in MetaTrader 5, brokers have demanded extra solutions to extend its capabilities. In response to this demand, Plugit Apps Business Solution provider has released an asset management automation service integrated with the popular platform.

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MAMM Plugin

MetaTrader 5 PLG Multi-Asset Management Module (MAMM) is a special server-side plugin with a web interface designed for brokers and professional asset managers.

The application simplifies and optimises the interaction between a money manager (master) and an investor trading in the MetaTrader 5 multi-asset platform. The types of asset management supported are Equity Lot Ratio (MAM), Equity Cash Ratio (PAMM) and Equal Volume.

Large Block Trades

PLG MAMM allows money managers trading on MetaTrader 5 platform to place large block trades from a master account across an unlimited number of investor accounts using a variety of strategies and different allocations types.

The PLG MAMM application is also equipped with a powerful reporting tool allowing managers to manage their client list in addition to evaluating their performance through advanced statistical reports and charts.

Jalal Faour, CEO of Plugit Apps, commented: "Driven by the increased adoption of MetaTrader 5 among leading brokers, Plugit realized that time had come to invest heavily on MetaTrader 5 solutions to meet the surging demand for such products. Today, we pride ourselves to be amongst the first to have successfully launched a wide array of reliable MetaTrader 5 products, notably our turnkey solution, PLG MAMM. We are delighted to have worked closely with MetaQuotes prior to deploying this innovative solution."