MetaQuotes, the forex trading platform 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.
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.
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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.”