Easy Way to Open Same Trades on Many MT4 Accounts At Once

White label architecture is the same as for WLs in the MetaTrader server. Each white label will have access to their account only from manager’s applications, and leaderboards and will also be separated. This means that there will be no interference between accounts. Your clients can be placed in different groups with different symbol names for one instrument where you can set different price streams and other symbol settings. Your clients can use an account nominated in any currency. Let us show you the power of Signal Magician and see how you can automate your trading signal business with the leading copy trading software for MetaTrader 4 and 5.

• When I refresh the EA list and expand it, I see my LTC Server EA or LTC Client EA, depending to which MT4 platform I am looking at.
• OctaFX was founded in 2011 and is part of a group of global entities.
• Because you get both trade copier versions, you can easily copy Forex & CFD trades from MT4 to MT5 and vice versa.
• Even the best traders go through long, cold streaks and they might have more capital to burn than you do.
• Benzinga’s top pick for the best copy trade forex broker is eToro.
• And the best part of it is that you can set this up in like 5 minutes.

You can upgrade Local Trade Copier™ to a better license anytime. You can upgrade from your member’s area in the Download Center. Look for the link “Upgrade to a higher plan using prorated price difference” in the Downloads section. The system will deliver the software access information to your email inbox immediately after successful payment.

Signup to Social Trader Tools today!

Signal Magician allows copy trading even if the prices at the brokers are different and the names of the traded products do not match. Another problem is that social trading platforms are not a good idea because your account can get shut down anytime. Even the whole platform can get shut down, as it happened with Alpari TraderConnect, IBFX Connect, OANDA fxUnity, Currensee, FxPro SuperTrader, and many others. Social trading is a brewing phenomenon and a strong user base is the key to any social network.

• All MT4 accounts connected with Signal Magician must be online all the time to receive trades.
• You can create your free 7-day trial of the Local Trade Copier™ here.
• Once they sign up or link their existing account and agree to the T&Cs, you can enable their account for copy trading and get started.
• With our platform, your clients can set a risk limit for their investments and feel safe and calm.

Learning how to copy trade on MT4 is, undoubtedly, one of the most profitable things you can do as a devoted trader. 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. Cryptoassets are unregulated and can fluctuate widely in price and are, therefore, not appropriate for all investors.

Running the LTC Server EA

Offer your clients a daily risk limit – a tool widely used by all investment funds. Offer your clients the chance to earn money by starting a career as a professional, self-employed full-time trader. Our platform by default has https://bigbostrade.com/ a leaderboard of master accounts. However, your money managers have the option to show or hide accounts from the leaderboard. With our platform, your clients can set a risk limit for their investments and feel safe and calm.

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What’s included in the Local Trade Copier™ package?

EToro is at the forefront of the social trading revolution. Established in 2007, the company primarily supplies contracts for difference (CFDs) to traders looking to place bets on stocks, indices, currencies, commodities and cryptocurrencies. There is no difference between white label or fully licensed brokers while operating investment systems as Social Trading. However, usually white label brokers do not have access to the whole MetaTrader infrastructure, which is why they won’t be able to use some risk management plugins.

Because you get both trade copier versions, you can easily copy Forex & CFD trades from MT4 to MT5 and vice versa. You have complete control of money management settings in the Local Trade Copier™, and you can choose from multiple options. Use Local Trade Copier™ to connect those prop firm accounts to your MT4/5, and https://trading-market.org/ you will be trading on many accounts simultaneously by placing trades on your main account. Be sure you are working with a properly regulated forex broker. Benzinga’s top pick for the best copy trade forex broker is eToro. Copy trading is a form of automated trading that allows you to copy top-performing traders.

Order Your Customization or Extra Functionality

That way I end up having all MT4 platforms installed and numbered, so it’s easy to access the right one when I need. When you open trades in your MT4 account you can have the same trades opened on other MT4 accounts at the same time. And the best part of it is that you can set this https://forexbox.info/ up in like 5 minutes. Ultimately, we are talking about a huge step in the right direction. It’s changing how numerous traders from across the globe are copying trades. With it, traders can manage their copy trades without needing professional help or relying on crypto experts.

This platform has gained widespread popularity since its inception in 2005. The trading community adored MT4 because of its fantastic user-friendly interface, automation, streamlined operations, and innovative trading features. MT4 copy trading, or copy trade MT4, refers to a concept that enables users to copy winning strategies to easily trade their favorite financial asset. Integrating cryptos, commodities, and CFDs on the MetaTrader 4 platform has enabled traders with a new lifeline. Remember that copy trading doesn’t just net you free money.

Become Independent Signal Provider & Grow Your Forex Signals Brand

Once you are logged into the MT4 account you can minimize the window and open the next MT4 platform. Even though this so-called “mirror trading” enables automated trading, it’s restrictive. With the emergence of MT4 copy trading, all that has changed. Software license can work simultaneously on a limited number of computers/VPS (depends on the license type you choose). For up to 4x Metatrader 4/5 terminals, choose the VPS PLAN FX-1 LD, which has 1x CPU core and 4096 MB RAM.

It can be chart of any symbol and any time frame, but I recommend EURUSD. And this is my LTC Client EA on one of the Client MT4 accounts I will be using. When I refresh the EA list and expand it, I see my LTC Server EA or LTC Client EA, depending to which MT4 platform I am looking at.