A Forex account copier is used to copy the signals you send to your trading platform, sending them as well to another trader’s or multiple traders’ platforms, which process those signals and make the same trades for them as you just made yourself.  This way, if you have a trading strategy that’s making you money, you can sell those signals to other traders, either at a specific rate or for a percentage of the profit they make from using them, increasing your own profit by that much more.

Account Copier based on MT4 API.  Delay =0!

Don`t Miss The Opportunity To Increase Your  Profit In A Simple And Risk-Free Way Using  PowerTradeCopier Forex Account Copier

The most important parameter for account copier is copying speed.  What happens when you or your Forex Robot sends order. What happens on slave (sub-account), If you use  account copier based on Metatrader 4 scripts (or expert advisors).

Example for order closure request.

16:43:35 ’2345′: close order # 111 buy 1.00 EURCAD
16:43:35 ’2345′: request was accepted by server
16:43:35 ’2345′: request in process
16:43:36 ’2345′: order #111 buy 1.00 EURCAD closed     -16:43:36 + 0.5¹ sec Copier will copy closure request to slave terminal

1         – Master Script on master  terminal will  orders correspondence between master and slave terminals every T second. T – parameter defines a frequency of main script loop. Usually  T = 0.5 – 1  sec.

Master Script will not find order  #111 only when it will be closed  + T sec.

16:43:36 ’5678′: close order # 111 buy 1.00 EURCAD
16:43:36 ’5678′: request was accepted by server
16:43:36 ’5678′: request in process
16:43:37 ’5678′: order #111 buy 1.00 EURCAD closed

Time difference between time when  you or your Forex Robot sends closure request on master terminal and when order will be closed on slave terminal can be up to  3 sec. For this time price can be changed on several pips and this can be very critical for your strategy.

Same situation will be  with order opening or order  modification.

If you use our PowerTradeCopier , T=0 and order will be opened/modified/closed on 0.5 -1 sec  faster.  And our company constantly working for speed parameter improvement.

We have developed STP add-on which allows catch modification or closure request on the master terminal and copy it to slave. As soon as you or your Forex robot will send modification request or closure request, copier will copy this command to slave immediately without waiting when the order will be modified or closed  on the master terminal.  STP add-on has one limitation. PowerTradeCopier and master terminal should be installed on one PC or VPS.

If your strategy has closure condition by Take Profit or Stop Loss only, you can use this add-on for orders opening too.

But if your strategy has other closure conditions, we do not recommend to use STP add-on for orders opening. Because this can lead to abnormal situations when the order was for some reason not accepted by the server on the master account,  but has been copied to slave account.

Example for order closure request.  (PowerTradeCopier with STP add-on )

16:43:35 ’2345′: close order # 111 buy 1.00 EURCAD closed     -> 16:43:35 + 0¹ sec Copier will copy closure request to slave terminal

16:43:35 ’2345′: request was accepted by server
16:43:35 ’2345′: request in process
16:43:36 ’2345′: order #111 buy 1.00 EURCAD

Feel free to contact us for more information

MetaQuotes Software Corp., MIG Bank, GO Markets, Vantage FX and Forex-TSD hold the fifth annual Automated Trading Championship 2011. The championship will begin on October 3rd and will end on December 23rd 2011. All expert advisors will be under MetaTrader 5 control. It is an opportunity not only to participate, but for copying orders of the professional traders. For this purpose, you can use our Metatrader 5 – Metatrader 4 Account Copier.

READ More About our Offer

FIX Bridge is PowerTradeCopier module.  This module allows you to copy trades from Metatrader 4 terminals to Brokers with fix api support. For example: Currenex or  CitiFX

Explanation video:

We have tested standard account copier and PowerTradeCopier and compared delays. View video for more information

PowerTradeCopier contains a lot of filters. I would like to describe one of them.  Buy/Sell module allows you to copy only Buy orders or Sell orders.  This will be useful for  you if your broker doesn’t support hedging (locks). All US brokers doesn’t support locks.

“Lock” is when you open up Long and Short Position on the same instrument, lowering your margin requirements, and that’s what NFA prohibited some time ago.

You can avoid this restriction. You broker even if he does not support the locks, you will not be able to refuse to open two accounts. Using PowerTradeCopier you will be able to copy all BUY orders on 1st account and or SELL orders to second account.

This filter will be useful too if your would like to copy strategy, but only SELL positions, or only Limit orders, etc.

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Don`t Miss The Opportunity To Increase Your  Profit In A Simple And Risk-Free Way Using  PowerTradeCopier Forex Account Copier learn more…

• 1 sec + FASTER than any other Account Copier and 3 sec + FASTER than any other Net Account Copier;

All trade copiers based on mt4 expert advisors on mt4 scripts have delay about 0.5 sec, because script should call MT4 every N sec and compare orders on master account and slave accounts. PowerTradeCopier works without this delay.

MetaTrader 4 also has build-in delay 0.6 sec. PowerTradeCopier works without this delay. You win 0.5 + 0.6 = 1.1 sec. For this time price may change on several pips (average 2 pips). PowerTradeCopier works without any delays via Internet too. You win 2-3 sec.

• Do not need to run and keep running MetaTrader Terminals;
• Easy to install and adjust;
• It is possible to create any copying structure;
• With Provider Mode you can copy trades via internet, and all slaves can be located in the different places;
• You are able to copy trades between brokers with instant execution and brokers with market execution (ECN brokerage companies);
• You can copy orders from 4 digits quotes to 5 digits quotes and vice versa;
• Copier works with different quotes symbols (EURUSD_FX, usdjpy_m, etc.);
• You can copy all types of market and pending orders;
• Partial closure is implemented;
• You can copy the orders even just having an investor password;
• Variation of Filters and Lot scale options;
• You can add, delete, block unblock any slave account any time;
• 24/7 support via e-mail, skype or phone;
• 30 days money back guarantee;
• All updates and changes – free of charge;
• It is possible to integrate non-MT4 brokers via FIX API (Currenex, HotSpot, Integral, FXCM, PFGBest, Deutche Bank, Barklays, CitiFX, UBS) for extra fee.

PowerTradeCopier Users

Forex Money Managers

Forex Brokers

About 15 Forex Brokerage companies transfer unwanted trades to other brokers (MT4 or Currenex for example). It is possible to set up a build-in filter and copy orders from certain levels of drawdown.

Forex Signal Providers

Up to 100 Forex Signal Providers increase their profit by selling the trading signals and execute signals for their clients platforms without delays.

Statistic: plus average 2.1 pips for each winning trade and minus average 2.1 pips for each losing trade.

Forex Traders

200+ Forex Traders copy orders of the professional traders. (It is possible to find account # and investor passwords on a lot of monitoring sites). Statistic: no need to buy forex robot (save $400 – $1000) or forex signals (save $50-$100/monthly)

Are you not a Forex trader, broker, money manager, or signal provider yet?

Start your own profitable business as Forex signal provider within 3 days. For more information contact us via e-mail: support@multiterminal.net

The FIX protocol supports Straight Through Processing or STP, which reduces the trade settlement time dramatically. Today, the FIX protocol is the de-facto messaging standard for trade communication globally. A lot of brokerage companies provide FIX API access for traders. For example: Currenex, HotSpot, PFGBest, FXCM, etc. But brokers doesn’t provide platform for auto-trading via FIX API. But good solution is copy trades from Metatrader 4  via FIX API.

FIX Module for account copier ” PowerTradeCopier” works as a bridge between MetaTrader 4 platforms and Brokers with FIX API Support. This Module allows you to  copy trades from MetaTrader 4 Master terminal(s) to Brokers with FIX API Support slave terminal(s); or from Brokers with FIX API Support master terminal(s) to MetaTRader 4 slave terminal(s); or from Brokers with FIX API Support master terminal(s) to Brokers with FIX API Support slave terminal(s).
Learn more about Account Copier (MT4 -MT4)

Learn more about FIX APi Module

Account Copier Provider Mode

In Provider mode account copier  works in two modes: master mode and slave mode.

You should start account copier master mode on your side to add master and slave accounts and specify copying settings for these accounts if necessary. Account copier is working in master mode only on one computer on which it was originally installed and started (it is mapped to the hardware of this computer).

Then your clients should start software in the slave mode. In fact they start the same software but when it starts up from different computer from yours it automatically works in slave mode (when they start software on their computer, software defines that this is another computer from the one where master part should work and thus software works in the slave mode)…

In this slave mode user (your client) can specify password for his slave account(s) and accept trading signals.

Note. Once trading password for slave account was specified on the side of your client both master and slave part of account copier can connect to this account and transfer trading signals to this slave account. So it is possible that your client is already working with his instance of account copier when you start up your (master) part and in this case both parts of forex software are connected to the slave account(s). That is why it is necessary to have only one instance of software working with each account to avoid collisions and orders duplications. Software informs you about double connections to single account during startup and allows to block this account to disallow sending trading signals to this account from this instance of PowerTradeCopier.

Once you have all master and slave accounts specified you should group slave accounts by assigning the client passwords to these accounts (this can be done by means of “Set password  for client” button in “Slaves” tab). Several slave accounts with the same client password make a set of accounts of a single client. You should tell this password to your client and then client should enter this password in his instance of software in “Setting” window by means of “Set password” button. Then your client will see on his side only this set of slave accounts and work with them only. If no client passwords were specified for some slave accounts these accounts would be displayed on the slave part which was started without client password entered in the “Setting” window.

Note. Master part of PowerTradeCopier displays all slave accounts irregardless of the clients passwords specified for them but transfers orders only to the accounts for which the same client password was specified with the one which was set in “Settings” window of the master instance of forex software. Slave accounts that receive trading signals from this instance of PowerTradeCopier have status “Working” in the “Copier” tab, slave accounts that has another client password and thus do not receive trading signals from this instance of PowerTradeCopier have status “Working. Block passw” in the “Copier” tab.

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You can find a lot of successful trading systems in the internet. It can be manual trading system or automated trading system. Often, the trader, the owner of the successful system, does not want to sell the system and offers to sell signals or offers to manage your account.

How Account Copier can help you

You can request investor password for this system and copy trades to your account using account copier.You also can find a lot of system with investor password on forex forums or monitoring websites. For example Onix-trade

Using this information (account # and password) you can copy trades to your account with account copier software.

You also can subscribe to forex signal service for one account and duplicate trades to several accounts.

Which one  account copier better to use

If you want to copy trades to one or several accounts (up to 5-7 accounts) and you would like to copy non scalping strategy, you can use CopyToolPro Account Copier.

If you want to copy trades to more than 7 account or you want to copy scalping strategy (ies), will be better to use PowerTradeCopier Account Copier Software.