Managing Multiple Accounts

Arconomy allows you to connect and manage multiple broker accounts from a single dashboard. Whether you want to run different strategies on separate accounts, trade across multiple brokers, or maintain dedicated demo and live environments, multi-account management gives you the flexibility to organise your trading operations however you see fit.

Adding Multiple Broker Accounts

You can add additional broker accounts at any time, up to the limit defined by your Arconomy subscription plan. Each account connection is independent — you can mix and match brokers, platforms, and account types (demo and live) freely.

Connection Limits by Plan

Adding a New Account

To add another broker account:

1. Navigate to Settings > Broker Connections.
2. Click the Add Connection button.
3. Select the broker and platform for the new account.
4. Enter the trading credentials for the new account.
5. Assign a descriptive label to help you identify this account (e.g., "Pepperstone Raw - Forex Only" or "IC Markets Demo - Testing").
6. Click Connect Account to establish the connection.

The new account will appear in your connections list alongside your existing accounts. Each account displays its broker name, platform, account type (demo or live), connection status, and current balance.

Organising Your Accounts

As you add more accounts, keeping them organised becomes important. Arconomy provides several tools to help you manage multiple connections effectively.

Account Labels

Every connected account has a customisable label that you define when connecting the account. You can change this label at any time by clicking the gear icon next to the account and selecting Edit Label. Effective labelling conventions include:

• Broker + Purpose: "IC Markets - Trend Following" or "Pepperstone - Scalping"
• Broker + Account Type: "Fusion Markets Demo" or "FP Markets Live"
• Strategy Name: "MA Crossover Account" or "Mean Reversion Account"
• Risk Level: "Conservative Portfolio" or "Aggressive Growth"

Account Ordering

You can reorder your accounts on the Broker Connections page by dragging and dropping them into your preferred arrangement. The order you set here is reflected in account selector dropdowns throughout the platform, so place your most frequently used accounts at the top.

Connection Status Indicators

Each account displays a real-time connection status indicator:

• Green (Connected): The account is connected and ready for strategy deployment.
• Yellow (Reconnecting): Arconomy is attempting to re-establish a connection after a temporary disconnection.
• Red (Disconnected): The connection has failed. Check your credentials or broker server status.
• Grey (Inactive): The account is connected but has no active strategy deployments.

Running the Same Strategy Across Accounts

One of the most powerful features of multi-account management is the ability to deploy the same strategy to multiple accounts simultaneously. Each deployment operates independently, meaning you can customise position sizes, risk parameters, and trading hours for each account.

Deploying to Multiple Accounts

To deploy a strategy to multiple accounts:

1. Open the strategy you want to deploy.
2. Click Deploy Strategy.
3. In the account selector, choose the first target account.
4. Configure the deployment settings (lot size, risk limits) for this account.
5. Click Start Strategy.
6. Repeat steps 2 through 5 for each additional account.

Each deployment appears as a separate entry in your active deployments list, with its own status, performance metrics, and controls.

Independent Execution

When the same strategy is deployed to multiple accounts, each deployment runs independently. This means:

• Different timing: Trades may trigger at slightly different times across accounts due to differences in price feeds and execution latency between brokers.
• Different fills: The exact fill price may vary between accounts, especially during fast-moving markets.
• Independent risk: Risk controls are applied per-account. Hitting a drawdown limit on one account does not affect deployments on other accounts.
• Separate P&L: Each deployment tracks its own profit and loss independently.

Scaling Position Sizes Across Accounts

When running the same strategy on accounts with different balances, you will typically want to scale your position sizes proportionally. Arconomy supports two approaches to position sizing:

• Fixed lot size: Set a specific lot size for each deployment. This gives you precise control but requires manual adjustment if account balances change significantly.
• Percentage-based sizing: Define position size as a percentage of the account balance. This automatically scales positions based on the account's current equity, keeping risk proportional across accounts of different sizes.

Account-Level Risk Controls

Arconomy provides risk controls that can be configured at the account level. These controls act as circuit breakers that protect individual accounts from excessive losses, regardless of which strategies are deployed to them.

Available Risk Controls

Configuring Risk Controls

To configure risk controls for an account:

1. Navigate to Settings > Broker Connections.
2. Click the gear icon next to the account you want to configure.
3. Select Risk Controls from the dropdown menu.
4. Enable and configure the controls you want to apply.
5. Click Save to apply the changes.

Strategy-Level vs Account-Level Risk

Arconomy supports risk controls at both the strategy level and the account level. Understanding how they interact is important:

• Strategy-level controls are defined within the strategy itself using risk management rules. They govern the behaviour of that specific strategy — for example, the maximum loss per trade or a trailing stop distance.
• Account-level controls are configured on the broker connection. They act as an outer boundary that limits the total risk across all strategies on that account.
• Interaction: Both levels are enforced simultaneously. If either a strategy-level or an account-level control is triggered, the corresponding action is taken. Account-level controls cannot be overridden by strategy-level settings.

Use Cases for Multi-Account Setups

Multi-account management supports a wide range of trading workflows. Here are some common configurations used by Arconomy traders.

Strategy Isolation

Run each strategy on its own dedicated broker account. This provides complete isolation between strategies — the performance, risk, and capital allocation of each strategy are entirely independent. This approach makes it easy to evaluate each strategy on its own merits and to add or remove strategies without affecting others.

• Account A: Trend-following strategy on EUR/USD and GBP/USD
• Account B: Mean reversion strategy on AUD/USD and NZD/USD
• Account C: Breakout strategy on major indices

Broker Diversification

Spread your trading across multiple brokers to reduce counterparty risk and take advantage of each broker's strengths. For example, you might use one broker for its tight forex spreads and another for its superior indices offering.

• IC Markets: Forex strategies (best raw spreads)
• Pepperstone: Index strategies (broadest index offering)
• Fusion Markets: High-frequency strategies (lowest commissions)

Demo and Live in Parallel

Maintain a demo account alongside your live accounts to continuously test new strategies and modifications before deploying them live. This setup creates a development pipeline for your trading operations.

• Demo Account: Testing new strategy ideas and parameter changes
• Live Account 1: Running proven strategies with real capital
• Live Account 2: Recently promoted strategies under close monitoring

Risk Tiering

Allocate capital across accounts based on risk level. Conservative strategies get a larger share of capital on one account, while more aggressive or experimental strategies operate on a separate account with a smaller allocation.

• Conservative Account (60% of capital): Low-frequency, well-tested strategies with tight risk controls
• Moderate Account (30% of capital): Medium-frequency strategies with standard risk parameters
• Aggressive Account (10% of capital): Higher-risk experimental strategies with wider stop losses

Platform Comparison Testing

If your broker supports multiple platforms, you can open accounts on different platforms and compare execution quality. For example, run the same strategy on both an MT5 and a cTrader account with the same broker to see which platform provides better fills for your specific strategy.

Monitoring Multiple Accounts

The Arconomy dashboard provides a consolidated view of all your connected accounts and active deployments. From the dashboard, you can:

• View aggregate performance: See the combined profit and loss across all accounts, or filter by individual account.
• Monitor connection health: All account connection statuses are visible at a glance, with alerts for any disconnections.
• Track active deployments: See which strategies are running on which accounts, with real-time status updates.
• Review trade history: Filter the trade log by account to review execution details for a specific broker connection.
• Compare performance: Compare the performance of the same strategy across different accounts to identify execution quality differences between brokers.

Removing an Account

To remove a broker account from Arconomy:

1. Stop all strategies currently deployed to the account.
2. Navigate to Settings > Broker Connections.
3. Click the gear icon next to the account.
4. Select Disconnect Account.
5. Confirm the disconnection in the dialog.

After removing an account, the connection slot becomes available for a new account, within your plan's connection limits. Your historical trade data from the removed account is retained in your Arconomy analytics for reference.