The way Copy trading works is by running multiple instances of MT4, a master account and slave accounts, together on a VPS (Virtual Private Server). When a trade is executed on the master account it is duplicated across to the slave accounts by an EA (Expert Advisor) The EA will execute the trades almost simultaneously. The position size for each slave account is set to size according to the account balance and Risk Tolerance.
to open a Copy trading account with us you are required to:
- Open an account of at least $ 10 000 with any broker that supports MT4 trading platform.
- Pay the initial setup fee (link below)
- Download Limited power of attorney agreement
- Return signed agreement with a copy of your ID to firstname.lastname@example.org