Metatrader 4 copy trading: How To Copy Trades From Selected MetaTrader 4 Master Accounts

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Besides that, you can use MetaTrader on Android and Windows Phones. Until September 2022, the MT4 was also available on iOS. Also, you can send us a message on the Contact Us page. Our support team will get back to you as soon as possible . Every VPS server counts as one computer when activating your Local Trade Copier™ license, no matter how many LTC instances you run inside.

Trading Signals in MetaTrader 4 allow you to automatically copy the deals performed by other traders in real time. Many successful traders provide their Forex trades in public access either for free or for a reasonable fee, becoming signal providers. It means you must have as many platforms as you have clients installed on your computer or VPS server. Hi Rimantas,I need to Know the maximum number of slave/client accounts that can be linked in one Master account,thank you.

LTC Server EA auto-installer scanning to find all MT4 platformsWhen scan is finished the auto-installer is ready to begin installation as soon as the user clicks NEXT button. MT4 trading terminal login windowOnce you are logged into the MT4 account you can minimize the window and open the next MT4 platform. When you open MT4 account it will ask you to login or create a new account.

The system will deliver the software access information to your email inbox immediately after successful payment. Note that sometimes email messages can get trapped in your Spam/Junk folder, so make sure you check there as well. If you don’t receive an email with the download link in 60 minutes, contact support here. I call this the Unlock Any Forex Robot™ method, and it’s perfect for saving money and sharing Forex Robot trades to other accounts. If you have a Forex Robot which license is locked to one account only, you do not need to buy additional robot licenses. Better copy its trades from one account to many other accounts with the Local Trade Copier™.

For up to 4x Metatrader 4/5 terminals, choose the VPS PLAN FX-1 LD, which has 1x CPU core and 4096 MB RAM. Local Trade Copier for MT5 works only with MetaTrader 5 hedging accounts on the server-side. It does not work with Master accounts that are MT5 Netting accounts, but we are working on this and doing our best to bring this functionality as soon as possible. When you buy Local Trade Copier™, you’ll get both versions with one subscription. You do not need to purchase separate trade copier versions for MT4 and MT5.

It will allow you to become a profitable trader in the long run. Once receiving the message on your mobile, you’ll be able to log in to an MQL5 page to create the signal. However, our expert advice is always to try the demo version before you really get into MT4 copy trading. Only in that way will you learn how to copy trade on MT4 the best and why it is essential to know so. Download the MetaTrader 4 platform and register for a special MQL5 account.

What are the main benefits of using MT4?

In other words, which account you choose to be the Master. This is the account that you will be trading and all positions that you open on this account will be transferred to other MetaTrader accounts automatically. This is where you can change the MT4 installation destination folder.Personally I like to add numbers at the end of each folder. That way I end up having all MT4 platforms installed and numbered, so it’s easy to access the right one when I need.

It means each trade copied to the client account will have a different magic number and that is how the Client EA will recognize which trade is the parent of the copied trade. This is what allows this application to compare the remote trades with the trades that were copied to the client side. By implementing this technique you can trade multiple MetaTrader 4 accounts at once from just one MT4 account. This is the easiest and fastest way to transfer your trading positions to your friends, family members or your clients. This is the type of software that can make you an independent account manager, if you will. Local Trade Copier™ automatically adjusts the size of each copied trade to keep the same risk and reward percentage.

Preparing to trade multiple MetaTrader 4 accounts

If your computer is powerful enough, you can run dozens of instances of Local Trade Copier™ on MT4 and MT5. With the Local Trade Copier™, you can copy all trades from MT4/MT5 investor password account to your account. You diversify the risk by not betting on one system or trader.

With that server, you can add additional signal providers in the future to your MetaTrader 4. MetaTrader 4, or MT4, is an application that is Microsoft Windows-based. It mostly became popular because of the great ability of end users to write their robots and trading scripts for automated trading.

But you’ll get both programs with the same subscription. Local Trade Copier™ works with Metatrader 4 and Metatrader 5, and you’ll be able to copy trades from “MT4 to MT5” and “MT5 to MT4”. If you have read-only access to any Metatrader™ account, then you can clone its profits to your account, and no one will ever know about it. You can even use MT4 Expert Advisors on MT5 and vice versa because you can copy trades from MT4 to MT5 and from MT5 to MT4 with the Local Trade Copier™ software.

Please read RTC webpage to know more about how it works. So normally what you need is at least one VPS where you will run your MASTER account with the Server EA attached and the SLAVE account with the Client EA attached. When the first number of server read counter is growing it means Client EA is runningOkay, you have the Client EA running. Now repeat the same on each Client MT4 account you have. Attach Expert Advisor to a chart in MT4When LTC Server EA is attached to a chart, immediately you will see the “EA Properties” window that looks like this.

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It can be chart of any symbol and any time frame, but I recommend EURUSD. LTC Server EA in MT4 Navigator windowAnd this is my LTC Client EA on one of the Client MT4 accounts I will be using. When I start the LTC Server EA auto-installer it will scan my computer to find all MetaTrader 4 instances.

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Local Trade Copier™ works with any other Forex Robot and will copy all its trades instantly to other connected MT4/MT5 accounts. Your goal is to get funded by 10 different prop firms to build a $2M fund across multiple accounts. Technically brokers can see logs and that you are using an EA, but they do not know what EA exactly and they don’t care about it. Don’t worry, there is no way for a trader to know that you are using a copier. Here is a video about how a trade copier works with the MT4 Mobile app.

All MT4 platforms by default are ready to be used for trading, but if you want to trade many accounts at once you need to enable one option. The Local Trade Copier™ will work without any special configuration and by using its default settings. But if you need custom setup and advanced configuration, you’ll find every parameter explained in the detailed instructions manual. Beware of Ponzi investment scams that give investor password access to MT4 accounts where trades appear with a delay, and it’s too late to copy them. Local Trade Copier™ allows you to copy trades from different master accounts and merge them into one account .

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Choose either the free or paid crypto strategy you wish to use from the list below. If you’re interested in testing the platform, we advise you to start with the demo account. It allows you to create a low-risk Investment Portfolio of multiple strategies from multiple sources like Social Trading Networks, Forex Robots, or Investor Password accounts. Use Local Trade Copier™ to connect those prop firm accounts to your MT4/5, and you will be trading on many accounts simultaneously by placing trades on your main account. Local Trade Copier for MT4 & MT5 allows you to make 100X more money on the exact same trades by simultaneously trading many accounts.

If you already have an account you can close the registration window and enter your account login information. Trading multiple MT4 accounts at once Important to mention, that you can use Main or Investor (read-only) password to log in to the Master account. But it is mandatory to use the Main password when you are logging into all subsidiary accounts.

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