MT5 Coverage Accounts – Centralized Order Grouping for Business and Risk Analysis
Order service
MT5 Coverage Accounts is a powerful plugin designed to group users together for the purpose of business and risk analysis. The plugin’s unique feature is its netting capability, which ensures that all users’ orders are replicated to a single common account, and the results of these transactions are consolidated into one value. This makes it easier to analyze and manage the overall risk and business performance for a specific group of users, improving operational efficiency and decision-making.
How it works
The plugin operates based on several parameters that can be configured by the broker. These include specifying the account to which users’ orders will be replicated, determining which user groups the plugin will process, and selecting which users’ orders will be replicated. If multiple Coverage plugins are used, users’ orders are replicated to different accounts if their account parameters align with the respective plugin settings. This flexibility allows for more precise and customizable groupings for various operational needs.
Key Benefits:
Order Grouping for Risk Analysis
Consolidates users' orders into one account for simplified risk and business analysis.
Netting Feature
Replicates all users' orders to a common account and consolidates transaction results into a single value.
Configurable Parameters
Allows brokers to set the replication account, user groups, and order selection criteria.
Multiple Plugin Support
Orders are replicated to different accounts if there are multiple Coverage plugins and matching account parameters.
Efficient Risk Management
Facilitates streamlined risk management by grouping orders from multiple users into a centralized account.