Why is MultiTerminal MT4 needed and what can it do?

Over the past 10 years, the MetaTrader 4 trading platform has virtually eliminated alternative applications from the market.

Most brokers offer three versions of the program: Metatrader 4, Metatrader 5, and Metatrader Web, as well as modifications for use on mobile devices.

Therefore, it is always interesting if any broker offers something at least somehow different from the existing trading terminals.

Today we will look at software such as MultiTerminal, also developed on the basis of the MetaTrader 4 trading platform.

What is MultiTerminal used for?

The main task of MultiTerminal is to comprehensively manage trader accounts and trading orders.

With its help you can perform the following actions:

Open market orders, while setting the proportions for distributing the collateral for the transaction between several accounts:

Open pending orders and set the distribution principle:

Manage open positions, partially close, and change stop order parameters:

Perform simultaneous closing of all existing positions:

You can also conduct comprehensive balance monitoring on all your existing accounts and review the history of your archived trades. You can simultaneously use up to 128 live accounts and 10 demo accounts, but please note that all accounts must be of the same type, such as Standard, ECN, or PRO.

How is MultiTerminal different from the standard MetaTrader 4 platform?

It can be said that MultiTerminal is more of an order management program than a full-fledged trading platform.

There are no full-fledged charts of exchange assets and no possibility to use tools such as scripts, indicators or advisors.

Therefore, it is best to use MultiTerminal in conjunction with the MetaTrader 4 trading platform, performing technical market analysis in the latter.

You can download the program from the RoboForex broker website - www.roboforex.org or the Amarkets broker website - www.amarkets.org