Okay guys ,thanks for the help. So I need a trade copier but before I start downloading stuff and putting all this together I have one more question. I looked at a few copiers for mt4 and I know there is a sender which is the main platform that sends trades or copies to the receivers. Once I set this up on my computer at home, when I leave home and place trades on the sender platform from my phone will it still copy to receivers?
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trading software that allows you to trade several accounts
- Thread starter bjt
- Start date
Isn't there a risk of getting blocked accounts?
Blocked accounts??? I don't understand. What does this mean?Isn't there a risk of getting blocked accounts?
Exactly. Trading for others in their own account.What is the purpose and advantage of trading multiple accounts with the exact same trade?
Are you trading on behalf of someone else. With their funds for example?
Or maybe I am missing something relating to fees/commissions??
I use this tool, it's free
https://fxmerge.com/free-trade-copier-mt4-mt5
https://fxmerge.com/free-trade-copier-mt4-mt5
you need an OMS tool.
Sierrachart allows order allocation to multiple accounts.
The issue may be if your choice of broker allows for sub accounts, as Sierrachart allows only one connection per running instance.
Here's Sierra order allocation docs...
https://www.sierrachart.com/index.php?page=doc/OrderAllocationToTradeAccounts.html
The issue may be if your choice of broker allows for sub accounts, as Sierrachart allows only one connection per running instance.
Here's Sierra order allocation docs...
https://www.sierrachart.com/index.php?page=doc/OrderAllocationToTradeAccounts.html