MetaTrader has advanced commission functionality but does not have the ability to set-up automatic profit sharing with introducing brokers (IBs) or agents. This utility allows real-time profit sharing to be configured for any number of client groups or individual clients and any number of agents/IBs.
How does the Gold-i MT4 IB ProfitShare work?
The Gold-i MT4 ProfitShare monitors trading activity in real-time and whenever a client opens or closes a trade the appropriate trade or profit or loss is added to the configured agents’ accounts. The utility handles manual closes, stop loss, take profit and stop out closes, all in real-time. It even converts the profit currency from that of the trading client to that of the agent/IB.
How do you use the Gold-i MT4 IB ProfitShare?
Once the configuration has been completed the system is completely automatic, and requires no human intervention. Changes can be made whilst MetaTrader is running as there is no need to re-start once the plugin has been added initially.