RoboForex is a famous broker in the post-soviet space, a very active and modern broker. It was during the previous month alone the RoboForex opened an official representative office in the Republic of Belarus and an office of RoboForex regional partner in Kharkov (Ukraine). A real, rather than virtual office — what can be more convincing for a beginner forex player and a weathered pro alike that this broker is a reliable partner that has come to the local market for serious and for long instead of being after easy money of inexperienced traders.
RoboForex is also well-known as a company that continuously seeks and implements latest and most relevant IT developments and techniques for forex players. In the same past month, the company made MT4 Pro-ECN trading conditions more favorable, changed MTP parameters for agency fee calculation under all currency pairs, launched an updated universal Rebates program for all account types, removed compensation for payment system's fees when processing withdrawal requests, started new terminals such as a RoboForex web-terminal — WebTrader and mobile RoboForex AndroidTrader etc.
Very few broking companies can boast of such a large number of serious novelties that make trading easier and more effective for traders and took so little time to launch.
Strategic new products include one of RoboForex's most popular developments — a multi-terminal for those who manage investor accounts or work with a large number of accounts at the same time — MetaTrader 4 MultiTerminal.
RoboForex multi-terminal has all features and the interface available in MT4 standard platform, but expands the functionality for managers and trader. Now the order can be sent for a few different accounts with one click of the mouse. The manager can control up to 128 live accounts at one time (or ten accounts for simulated trading). Moreover, the multi-terminal can automatically establish the required lot size depending on the balance, floating profit or available funds in each account.
Hardware requirements for installation of the multi-terminal are the same as for MT4 — operating systems Microsoft Windows 98SE/ME/2000/XP/2003/Vista.
Like with the use of standard MT4 platform, the trader can control and manage open trades and pending orders and get online news and prices.
As different currencies can be used to fund different accounts, after work is over the manager can choose the currency to generate a total financial statement for all working accounts.
The multi-terminal's context menu helps select order currency, account currency and position profit in pips. The trading report can be saved and later accessed to view history of actual trades, including with different filters (period, currency etc).
Trading accounts are opened and linked to the server in the multi-terminal in the same way as in the standard MT4 trading platform. For security reasons, trading accounts are connected to the server after the password is entered (passwords for trading accounts can be saved on the trader's computer disk; then passwords do not have to be manually entered for connection to the server).
Opened accounts that the manager is currently working with and pending orders are given as a table. Table fields include information about the ticker of the trade, open and close time, type of trade (Buy, Sell, Sell Stop, Sell Limit, Buy Stop or Buy Limit), expiry dates of pending orders, Stop-loss or Take-profit levels, the traded financial instrument, lot size involved in the trade, trade open price, fees, taxes, swaps and profits etc.
Therefore, it could be said that, in terms of functionality, MetaTrader 4 MultiTerminal is no big deal for a manager or trader experienced with it and requires no retraining or getting used to. At the same time, it has a number of additional features that make trading in a large number of accounts more convenient, rapid and effective.
The company is among leaders in the Broker Rating of the Masterforex-V Academy — the 20th place in Supreme League. RoboForex professional team is unlikely to slide down. On the contrary, its path to the top is open provided that the broker continues actively supporting traders and managers in their challenging work in the international forex market.
