How to сopy trades in MT4
MetaTrader 4 provides hundreds of features based on algorithmic trading that remains to the number one tool for every trader. Either you are an experienced trader or newbie, expert advisors (also known as trading robots) are developed to boost your trading performance, automate some routine work and сopy trades in MT4.
Trading robots are highly functional, flexible and smart solutions that enable their users to perform deep analysis, set notifications, subscribe to other successful traders and even copy their deals automatically with no personal assistance, making MT4 one of the most powerful applications in the web.
MetaTrader 4 is able to copy the best deals by other traders in real time. Some traders allow public access to their trades for free or for a small fee, becoming popular signal providers.
MT4 contains more than 3,000 different free and commercial signals available for each user at their Signal tap of the application. All providers are sorted by their trading performance, starting from the most successful ones.
To сopy trades in MT4 you need to follow these steps:
- Firsts of all, select your favorite signal provider. The list of providers shows the total amount of trades, growth rates, the percentage of profitable deals and some other values. Consider its trading results and performance to make sure you’ve chosen the most suitable one.
Note that you can pay for provider’s subscription by your MQL5 account or using the most convenient payment system. Select the payment method and make a transaction.
After that you will be subscribed to provider’s signals
- Start copying trading signals
You will also need to set on how the signal's trades will be copied to your account.
Therefore, enter the amount of money to be used for trading using chosen signal and set the Take Profit and Stop Loss values.
Now you are free to copy trades in MT4 of the most profitable and experienced traders!
Not to mention, you can copy deals on both demo and live accounts without leaving MetaTrader 4.
Copy trades in MT4 and launch your own successful business now