PulseWatch · Guides
How to monitor multiple MT4/MT5 accounts on one dashboard
Updated July 2026 · written by a trader running EAs on three live MT5 accounts
If you trade more than one MetaTrader account — a main account, an EA account, a couple of
prop-firm challenges — you've hit the same wall everyone hits: MetaTrader shows one
account at a time. The mobile app makes you log out and back in to switch. There is no
built-in "show me everything" view, and margin problems don't announce themselves.
Here is every practical way to solve it, with the honest trade-offs of each. We build one of
these options, and we'll say so when we get to it.
Option 1: Multiple terminals side by side
Install several copies of MetaTrader (each in its own folder with /portable mode),
log each into a different account, and tile the windows.
- Good: free, official, full detail per account.
- Bad: only works while you're at that machine; heavy on RAM; no combined
totals; nothing alerts you when you walk away. On a phone it's the log-out-log-in dance.
Option 2: myfxbook / FX Blue
Free analytics portals that read your account via the investor password or a publisher EA.
Excellent for performance review — win rate, monthly gain, drawdown charts.
- Good: free, mature, great historical analytics, social sharing.
- Bad: updates are minutes behind (they poll), so they're a rear-view mirror,
not a live view. Most setups want your investor password — read-only, but
still a credential you're handing to a third party. Alerting is limited.
Option 3: MetaApi or a broker API
Cloud APIs (MetaApi and similar) connect to your account server-side and expose data
programmatically. Powerful if you're a developer building your own tooling.
- Good: real-time, no terminal needed on your side.
- Bad: you hand over full account credentials to a cloud
service; per-account pricing grows fast; you still have to build the dashboard and alerts
yourself.
Option 4: A push EA + web dashboard
A small Expert Advisor runs in each terminal you already have (VPS or desktop) and pushes
balance, equity, margin, open positions and trade history to a web dashboard every few seconds.
Your credentials never leave your terminal — the EA can only read what the terminal already
shows, and a read-only EA physically contains no trading calls.
- Good: live (seconds, not minutes), one page for every account with combined
totals, works with any broker since it doesn't need broker cooperation, no passwords shared.
Alerts can fire on margin, drawdown, or a terminal going silent — which is exactly when you
need to hear about it.
- Bad: requires your terminal (or VPS) to be running — if the terminal is off,
there's no data. Though a good dashboard turns that into a feature by alerting you that the
terminal went quiet.
This is what PulseWatch is — a push EA (open source, ~150 readable lines) and
a live dashboard with Telegram alerts, built by a trader who runs three live MT5 accounts
through it every day. The first account is free.
See the live demo — no signup
Details that separate a good multi-account dashboard from a toy
- Broker server time. "Today's P/L" must roll over at your broker's midnight,
not UTC and not your timezone — otherwise daily numbers never match your terminal.
- Deposits, withdrawals and transfers excluded. Moving money between accounts
must not show up as profit or loss. Day P/L should be computed from closed trades, not from
balance changes.
- Offline detection. A VPS dying silently is the most expensive failure mode
of EA trading. The dashboard should notice within a minute or two and tell you.
- Per-currency totals. Adding a USD account to a EUR account into one number
is wrong; totals should be grouped per currency.
- Worst float per day. Closed-trade history hides how deep positions went
before recovering. Sampling floating P/L continuously shows real intraday risk.
Frequently asked
Can I do this without a VPS? Yes — the EA runs wherever your terminal runs.
If your terminals are on a home PC, monitoring works while that PC is on. Most EA traders
already keep a VPS running anyway.
Does an extra EA slow trading down? A monitoring EA that only reads account
figures and posts them over HTTPS uses negligible CPU and does not touch your trading EAs or
their charts.
MT4 and MT5 mixed? A push-EA approach handles both in one dashboard, since
each terminal reports itself regardless of version.
More guides:
Telegram alerts for MetaTrader ·
Daily drawdown alerts for funded accounts