PMAM
Personal Multi Account Manager

USER GUIDETABLE OF CONTENTOVERVIEW

2LOG ON

3TABS3

SUB ACCOUNT ALLOCATION SETTINGS

4

ALLOCATION METHODS

4PMAM USER GUIDE

Personal Multi Account Manager

1OVERVIEW

Multi Account Manager (MAM) is designed to provide the professional trader the essential
integrated soft- ware tools to quickly and conveniently allocate and manage funds undermaster account arrangement in live trading conditions.
MAM supports 8 allocation methods. Allocations by volume:• Lot allocation• Percent allocation• Proportional by Balance allocation• Proportional by Equity allocation• Equity percent allocation• Allocation by Equal Risk
• Percent allocation by p/l• Proportional allocation by p/l

LOG ON

To login please follow the link below:
https://mam.ironfx.com/#/login*Suggested browser: Google Chrome.

When the user enter the above link, will haveto use your Master account MT4 credentials
to login.
• In the first box please type your Login• In the second box please type your pass
• In the third box from the scroll menu pleasefind the server of which the Master Login isassigned to.

PMAM USER GUIDE

Personal Multi Account Manager2TABSWhen the user first login he will see three tabs on the right top:

MANAGER ACCOUNTIn the ‘Manager Account’ tab user will be able to see:
• The master account details (i.e. Sum of open lots, Sum percent, Active accounts etc.),• The Allocation method which he will be able to choose the way the orders/profit will beallocated to the subaccounts• The Sub Accounts sections shows breakdown details of the subaccounts and the Allocation
lot/Allocation percentage set.

ORDERS AND SUB ORDERS
In the ‘Orders’ tab the user will be able to see all the open trades in his master account while inthe ‘Sub orders’ tab the user will see all the open orders on the sub account below the master.

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SUB ACCOUNTTo edit any allocation settings for the Sub accounts, the user has to click on one of the subaccounts under the ‘Sub Accounts’ section and the below window will pop-up:

Based on what Allocation method the user selected he will choose the value orpercentage that will be allocated to the sub account. Note that the above values will beincluded on the calculation based on which allocation method the client selected.
The ‘Active’ box enables or disables a subaccount from receiving new orders.

ALLOCATION METHODSLOTS ALLOCATIONThis allocation method is used to divide volume of the master trade to the sub accounts
according to the set lot parameter of the sub accounts. Lot allocation allows tradingwith variable lot sizes on the master ac- count. The allocation to the sub accounts will
be proportional to the set lot sizes provided for each of them.
General formula of lot allocation method is this:For example, consider there are two active sub accounts with lot parameter set as 2 and 3lots respectively. If master account opens 10 lots then the volume of the sub orders iscalculated as follows:
The volume of the first sub account is 2/5 * 10= 4 lots The volume of the second sub accountis 3/5 * 10 = 6 lots

PMAM USER GUIDE

Personal Multi Account Manager

4ALLOCATION METHODSPERCENT ALLOCATIONThis allocation method is used to divide volume of the master trade to the sub accounts
according to the set percent (%) parameter of the sub accounts. The allocation to the subaccounts will be calculated as a percentage of the master trade volume.
General formula of percent allocation method is this:For example, consider there are two active sub accounts with lot parameter set as 30%
and 70% respectively. If master account opens 10 lots then the volume of the sub orders
is calculated as follows:
The volume of the first sub account is 30%/100% * 10
= 3 lots the volume of the second sub account is70%/100% * 10 = 7 lots
PROPORTIONAL BY EQUITYThis allocation method is similar to the proportional by Balance in a way that proportionis calculated automatically. The difference is that Equity is used instead of Balance. Thismethod doesn’t require additional settings. The fraction of the master trade volume iscalculated automatically.
General formula of proportional by Equity allocation method is this:PMAM USER GUIDE

Personal Multi Account Manager

5ALLOCATION METHODSPROPORTIONAL ALLOCATION BY BALANCEThis allocation method is calculating proportion of the master trade volume
according to the balances of the sub accounts. This method doesn’t require
additional settings. The fraction of the master trade volume is calculated
automatically.
General formula of proportional by Balance allocation method is this:For example, consider there are two active sub accounts with balances of 10,000 and6,000 respectively. If master account opens 10 lots then the volume of the sub orders iscalculated as follows:
The volume of the second sub account is 10,000/16,000 * 10 = 6.25 lots
The volume of the sub accounts is rounded according to the lot step. For example, if lot
step is0.1 lot then the sub accounts will be allocated 6.3 and 3.7 lots respectively.
EQUITY PERCENT ALLOCATION
Equity percentage allocation is used when the user requires allocating to sub accounts
on a percentage basis of each individual sub account. The idea of this allocation
method is to make it possible to define the risk for each individual sub account. Forexample, if the risk percentage of the sub account is set to 30%
It means that 30% of the sub account equity will be traded at any time. The volumetraded on the master account is calculated as a sum of volumes of the subaccounts.
This allocation method is using Percent (%) parameter of the sub accounts to define thepercentage of the sub account equity which will be traded in every trade.
General formula of Equity percent allocation method is this:PMAM USER GUIDE

Personal Multi Account Manager

6ALLOCATION METHODS

ALLOCATION BY EQUAL RISK
Allocation by Equal Risk is introduced to address the problem of margin control on the subaccounts. Sometimes the sub accounts are stopped out because of the low margin level.
No other allocation method is taking into consideration the margin level of theindividual sub accounts. But with the allocation by Equal Risk it is possible to set
minimal margin % level for each of the sub accounts. If the minimal margin % limit isreached there will be no allocation to such sub account.

PERCENT ALLOCATION BY P/LThis is one of the two allocation methods by profit/loss. The allocation by P/L is madewithout opening positions on the sub accounts. But when the master position is closed
the allocation to the sub accounts is made with deposit/withdrawal transaction. The
allocation methods by p/l are more precise in general. Their precision is always one
cent regardless of the minimal volume settings. These methods are also working
differently with the allocation parameters. The allocation parameters are read andallocations are calculated when the trade is closed on the master account.
Percent allocation by p/l is used when the user requires allocation to the subaccounts on a percentage basis according to the set percent (%) parameter similar
to the percent allocation method.
PROPORTIONAL ALLOCATION BY P/L
The allocation method is similar to the percent allocation by p/l in a way that no trades
are opened on the sub accounts. The deposit/withdrawal is made to the sub accounts
when master trade is closed. Proportional allocation by p/l is used when the user requires
allocating to sub accounts proportionally to their balances (see proportional byBalance allocation for more details).

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Personal Multi Account Manager

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PMAM

Personal Multi Account Manager
USER GUIDE

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Personal Multi Account Manager

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