Managing multiple positions efficiently and safely is where a multi-trade manager shines. In this article, we spotlight five tools built for MetaTrader with prices ranging from free to $99 that streamline risk control, automate repetitive actions, and help you stay disciplined under pressure.
The tools have been released in the span of 2022–2025 and offer options for both one‑time purchase and short/long‑term rentals. Across these tools, you’ll find features like breakeven, partial close, trailing stop, symbol‑specific rules, and drawdown limits.
Overview of the best multi trade manager tools for MetaTrader, combining automation, risk management, and smarter trade execution
Best 5 Multi Trade Manager Tools Worth Your Attention
Below are five carefully selected utilities and EAs aligned with the multi-trade manager use case, covering capital protection, bulk actions, visual execution, and prop‑firm‑friendly controls:
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Prop Firm Capital Protection Expert
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Multi Trades Update (MT5)
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Trade Management MT5
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Risk and Trade Management 2UP
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RiskNtm Pro Trade Management Tool MT5
Prop Firm Capital Protection Expert
An advanced capital‑protection framework from TradingFinder designed for MetaTrader 4 and 5. Released recently on the marketplace, it is designed specifically for prop‑firm traders and professional independents.
While not focused on automatic trade entries, it strengthens risk control, capital management, and trading discipline.
It supports strategies like ICT and Smart Money and offers long‑term value for those needing compliance with strict prop rules.
Download links:
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Prop Firm Capital Protection Expert (MT4 Version)
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Prop Firm Capital Protection Expert (MT5 Version)
Key Features
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Drawdown control: Allows setting both daily and overall limits to stop trading once exceeded, helping protect funded accounts from breaches;
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Trade volume & frequency restrictions: Restricts the maximum number or size of trades per session to reduce over‑trading and maintain consistency;
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Blocking trades during news: Includes built‑in calendar filters to automatically pause trading around high‑volatility events;
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Auto suspension: Halts trading automatically when profit or loss thresholds are hit, preventing emotional decision‑making;
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Automatic position sizing: Calculates lot sizes based on account capital, chosen risk percentage, or pip value;
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Multi‑symbol management: Handles orders across pairs while applying Break Even, Trailing Stop, and Partial Close dynamically.
Prop Firm Capital Protection Expert interface showing advanced drawdown limits, trading suspension, and compliance with prop firm rules
Multi Trades Update (MT5)
Launched on 13 May 2025, this free utility in its initial version 1.0 gives traders simple but powerful bulk‑management tools. Being free, it’s accessible for beginners or those testing workflow optimizations without upfront investment.
Core Features:
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Profit Target Control: Lets users define an account‑wide profit level; once reached, all open positions are closed to lock in gains;
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Drawdown Protection: Continuously monitors unrealized loss; closes all trades if loss breaches a set percentage of balance;
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Trading Halt on Target: After a target profit percentage is achieved, the EA stops further trading, encouraging disciplined exits;
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Dynamic SL/TP Adjustment: Can automatically apply stop loss and take profit settings to multiple trades, saving manual effort;
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Symbol‑Specific Management: Traders can configure the EA for one instrument or let it default to the current chart symbol.
Multi Trades Update utility for MetaTrader 5 with automatic profit target, drawdown protection, and symbol-specific settings
Trade Management MT5
Introduced on 15 May 2025 and updated to version 1.2 in August 2025, this paid tool costs $70 with an option to rent at $30 per month. With 10 activations recorded, it demonstrates solid interest among traders seeking visual execution and semi‑automation. A free demo version is available.
Trade Management is a visual execution and risk management tool that blends manual decision‑making with automated precision. The intuitive GUI lets users execute trades instantly, with SL/TP placement guided by volatility and risk‑reward parameters.
Key Features:
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Manual & Automatic modes: Allows switching between hands‑on trading and pre‑defined automation for flexibility;
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Instant trade panel: Provides one‑click Buy/Sell and setup for four pending orders with clear risk‑reward targets;
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Visual SL/TP lines: Displays projected stop loss and take profit lines on the chart for transparent decision‑making;
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Fast, low‑friction workflow: Reduces steps for order placement, minimizing delays during volatile conditions;
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Resource support: Comes with documentation and a demo to ensure traders can set up and practice before committing real funds.
Trade Management MT5 tool enabling manual and automatic trade execution with precise SL/TP placement and visual confirmation
Risk and Trade Management 2UP
First released on 27 Feb 2023 and currently in version 1.0, this expert advisor is priced at $99 with a $30/month rental option. With five activations, it’s positioned as a personalized risk assistant and includes a free demo.
Designed as a personal assistant, 2UP emphasizes consistent equity growth through structured risk handling. It combines auto trailing, breakeven logic, and risk‑based closes.
Important Features:
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Risk per position: Monitors each open trade individually and auto‑closes once the maximum loss per position is exceeded;
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Profit % per trade: Enables users to define profit thresholds for each trade; closes positions once reached;
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Auto management: Continuously supervises trades and applies management logic to secure capital;
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Auto Trailing Stop: Gradually adjusts stop losses upward to protect accumulated profits without manual input;
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Breakeven shift: Moves stop loss to entry price after achieving a configurable percentage of profit.
2UP Risk & Trade Management Expert Advisor acting as a personal assistant with automated drawdown limits and trailing stop
RiskNtm Pro Trade Management Tool MT5
Released on 15 Apr 2022 with updates within the same month, this veteran tool has matured to version 1.92. Pricing is $99 outright, with rentals at $30 for 3 months or $49 annually. With 5 activations and free demo availability, it has proven appeal for MT4 and MT5 users alike.
It provides flexibility in lot sizing, order types, and chart integration. Designed for traders who want advanced money management, it supports quick execution and adaptable risk settings.
Key Specifics:
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On‑chart trade buttons: Give access to instant Buy, Sell, and Pending order options directly from the chart;
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Flexible lot sizing: Supports fixed lot amounts, percentage risk, or monetary values for each trade;
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Demo‑friendly: Offers a safe practice mode to test strategies without risking real funds;
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Customizable line tools: Traders can visually tailor order lines for clarity and control;
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Comprehensive risk control: Provides oversight across all positions without needing custom scripts.
RiskNtm Pro Trade Management Tool for MT5, allowing traders to configure custom lot sizes, risk percentages, and live order execution
Conclusion
If you’re serious about managing complex portfolios, a multi trade manager is no longer optional. From capital protection frameworks tailored by TradingFinder for prop environments to visual execution panels and basket-level controls, this lineup spans five tools released between 2022 and 2025, at a price range of $0–$99.
Whether you want strict drawdown governance, instant bulk actions, or intuitive risk‑reward placement, there’s a fit here for every workflow and budget.
FAQ
1) What is a multi-trade manager?
A category of utilities/EAs that streamline managing multiple positions—automating SL/TP, partial closes, trailing, drawdown limits, and batch actions across symbols.
2) Which trade manager tool is best for prop‑firm rules?
Prop Firm Capital Protection Expert focuses on protective, rule‑based controls (drawdown limits, news blocking, trade suspension), making it a strong match for prop‑style constraints.
3) Which multi-trade manager option is free?
Multi Trades Update is free (v1.0, published 13 May 2025).
Media Contact
Company Name: TradingFinder
Contact Person: John Davis
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City: New York
Country: United States
Website: https://tradingfinder.com