Meta trader Account Copieris a power software tool developed by Forex Tester Software that assists traders using the Meta Trader 4 trading terminal. Traders at beginner’s level prefer to copy the trades of professional traders. On the other hand, successful traders like to multiply their profit margin by selling trade signals. However, manual processing of these trade signals is a complicated affair and not very user friendly. This software aims at simplifying the process and making it more user- friendly. Instead of wasting the time in waiting for the signal for hours, the software automatically processes them for the trader at once.
The real power of this software lies in the flexibility it provides to its users. Not only does it allow one to copy orders from one account into another, but from an unlimited number of accounts from different signal providers into one or several accounts. Without any special supervision, once activated, the program keeps copying signal at each trading step from the provider 24 hours a day. Basically, it is an automated system requiring minimum or no manual assistance in handling its operations.
If one wants to copy an account in Meta trader 4 into his own, all that is required is the investor’s password of that account. The account to be copied can be larger or smaller than the primary account of the user and can be synchronised simply by manipulating the lot size or lot multiplier. One can also be notified about the changes occurring in a particular trading account. Flexibility is provided in controlling the notification type ranging from opening positions, modifying positions, closing positions, moving stop loss, take profit, etc.
If an investor possesses investment passwords of several accounts, he can synchronise all these accounts with his primary. One can also subscribe to Forex signal for one account and duplicate trades to several accounts.
There is no local limit associated with the capability of the account copier. A reasonably fast internet connection makes it possible for clients to copy trades within seconds from anywhere in the world. A signal provider selling trade orders to a number of clients can find this technology quite helpful. Apart from the flexibility and powerful synchronising capabilities of this tool between the server provider and the client, this software provides a high speed reliable platform to its users and is definitely a step up from the more conventional ways of trading.