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Trade Copier – An Indispensible Tool For Forex Management Companies

Applying sound trading strategies via an EA (Expert Advisor) by providing it with the timely trading based signals is the secret to helping your clients make profits in the market thus helping you expand your Forex Management clientele. As a result, it becomes all the more important to have a software in the likes of EA Coder’s Trade Copier in your arsenal that can copy and transfer signals to target accounts in a time-efficient manner.

The software, once functional, can replicate selected trading signals and transfer them to a large number of secondary accounts without any hassle. Better still, the signals being sent to the client’s side is the latest with only a mere 0.5-1 second time gap. The only prerequisite that need be considered is the both the source (master) account and all client (slave) accounts run on the Metatrader 4 platform.

Once, you have ensured that a secondary Metatrader account is set on the client’s machine; you can pretty much do the rest of the management and sorting out work using the bundled client management website that comes with the software. Once up and running, the client account’s EA can receive trading signals from you irrespective of whether it is a part of a local network or VPS.

Creating new accounts in the TradeCopier database is an automatic process thanks mainly to the PayPal Notification as well as the Clickbank Payment Notification Service wherein client usernames get created in the system as soon as they make the payment. This saves both time and also makes the client service registration a fairly trouble-free affair for the Forex management company.

The Trade Copier is not just a simple copy and paste information type of an application. It comes packed with a lot of features that ensure that trade signals being copied from the master account into the client account make sense in the values being put up for the trader to initiate necessary action either manually or via a robot. This includes areas concerning lot size, take profit, stop loss, and others where these values become all the more important especially when an EA is trading on behalf of the client.

Take the LotMultiplier feature for instance in the Trade Copier. Now, while your subscribers need your timely forex signals, they do not necessarily have to trade in the lot proportions that you do. In case a trader is working on a low balance, the LotMultiplier proportionally brings down the appropriate values without changing the ratios before copying the signal into the TradeClient account and conversely pips up in case the client is a big money trader.

The Trade Copier can replicate both manual as well automatic trades set off by an EA robot. As a result, clients are able to receive better and fast signal updates from your side which makes it all the more important in case an EA is picking off signals from the client account to undertake a move. All said and done, Trade Copier package is an absolute must for any Forex manager looking to provide trade signals to clients.