de | cn | ru

Brokers News

ThinkForex Offers the Trade Manager MAM Applicaion

Jan 15 2013
By
Forexbrokerz.com
After it announced its plans to expand to Europe and cut its spreads at the end of last year, ThinkForex is stepping into 2013 with a new tool to enhance its customers' trading: the Trade Manager. 
 
Trade Manager was designed with a single purpose in mind: to let its users spend more time on trading, and less time on managing their trades.  As ThinkForex notices in the application's intro video, timing is one of the crucial factors for succes in forex trading, therefore the better one's time management, the better they do. With the Trade Manager Windows application, traders can manage up to 20 Metatrader 4 (MT4) accounts at once, thus improving their chances of higher profits.
 
The application has a very simple and intuitive interface, and comes with comprehensive, self-explanatory right-click menus. It offers a number of useful tools, such as one-click trading, automated risk calculation for better money management, account and trade grouping capabilities, adjusting the settings for trade speed and customization, setting preferred break-even values, etc. 
 
Pending and market orders are both supported and traders can easily scale their trades by using partial closes. Stop loss, take profit and trailing stops are set easily and quickly. Trade Manager is also compatible with MT4 Expert Advisors (EAs) so trades can be copied from an EA. 
 
The interface of ThinkForex's Trade Manager
 
Trade Manager is available free to ThinkForex Standard and Pro account holders with a minimum account balance of 2,500 units (depending on account currency). In order to get access to it, you need to have or open a live account with the broker, and fill in an application form for Trade Manager.
 
ThinkForex is not the first broker to come up with account management software – XEMarkets (previously known as TradingPoint) offers a pretty flexible MAM (Multiple Account Management) application, and recently the Ukrainian developer PFSOFT added a MAM module to its ProTrader 2 ECN platform. 
 
Even though these apps are targeting mainly money managers and wealth advisors, they are also available to private traders who spread their portfolios over two or more accounts. 
 
 

About ThinkForex

 
ThinkForex is a leading international Forex broker with headquarters in New Zealand. It offers traders extremely fast, low latency NDD execution, competitive spreads, swap-free accounts and full hedging. The broker’s customers enjoy excellent promotions on a regular basis, and its highly professional customer support team is available around the clock. 
 
ThinkForex was named "Fastest Growing FX Broker" at the MENA Forex Awards 2012 in Dubai and "Best Forex Customer Service" at the UK Forex Awards 2012 in London. For more information, please visit ThinkForex Australia.

 

TAGS: ThinkForex  forex broker  forex spread  forex account  forex trading  TradingPoint  XEMarkets  MAM  Trade Manager  pending order  market order  stop loss  take profit  trailing stop  one-click dealing  ECN 

More news about ThinkMarkets

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

More Forex Brokers News

FXTM Launches 30% Welcome Bonus

Aug 06 2019 13:38:53

  As part of FXTM’s mission to provide clients with an exceptional trading experience, the international broker has launched its latest offering – the 30% Welcome Bonus!   This promotion, available under Exinity Limited, boosts your account by an extra 30% when you deposit $100... Read more

XM parent actively prepares for the launch of its US brand Trading.com

Jul 03 2019 14:19:28

  Trading Point Group, the owner and operator of the XM brand, actively prepares for the future launch of its US brand Trading.com. Read more

FBS Invites 20 Best Partners To a VIP Party

Jul 02 2019 15:04:24

Partner parties is a great way to get to know company’s local promoters and celebrate loyalty, motivation, and cooperation. In 2019, FBS broker launches the FBS Stars contest with a round trip flight to Russia’s second largest city and a VIP party invitation as a prize. Read more

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

Australians lost $86 mln to investment scams in 2018

May 02 2019 17:04:18

Australians lost over 86 million USD to investment scams in 2018 alone – the biggest portion of the almost 490 million USD  in losses from over 378 000 scam reports, the latest report of the Australian Competition and Consumer Commission’s (ACCC) reveals. Read more

FXTM now offers a deposit bonus of up to $5 000

Apr 25 2019 11:10:24

  Global award-winning brokerage FXTM has launched their biggest deposit bonus promotion ever. The broker is now offering an extra 30% back from every amount their traders deposit over a period of 30 days, up to a total of $5,000. Read more

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

de | cn | ru