hey how this lot multiplier thing really work? for example 4 lots on the master account and 2 lots on the slave account...So that means if you place 2 lots (half) on the master account, copier place 1 lot (half) on the slave account...and if you place 8 lots (x2) on the master account, copier place 4 lots (x2) on the slave account....Does the copier automatically adjust the lot size?😊
Hey I've few questions 1: can i set a mt4 demo acc as master acc and a tft challenge acc as slave acc? 2: for 1 master to connect with 1 slave acc , do I've to pay for 1 acc per year or 2 acc per year 3: with a % risk being set , dose that mean if i use 5% risk on 100k acc and it hits the SL now equity will be 95k , so the next time it execute a trade will it be a 5% of 95k? 4: can we have a fixed equity set for SL instead of %? Thanks.😊
1. Yes absolutely! 2. 1 master and 1 slave would be 2x accounts, $20 per month or $200 per year. 3. Yes that's correct, it is calculated from your current balance (not equity). 4. Currently the only SL and TP you can copy are the ones placed on your master account.
but most prop firms have a rule of mandatory stop-loss, so if we don't copy that it could be a violation right? in these cases, copy stop loss become necessary.. or is there a way that prop firms know that a trade copier is being used so not using a stop loss is exempted?
Yes, in that case just leave 'copy stop loss' turned on. You can always extend it manually if you like, the slave trades will always close when the master trade closes.
Will the Market Order for different Prop firms will be instant so should I be tension free for different values of Indices on different prop firms due to different brokers?
Our average execution time is 30-50 milliseconds if you're using a fast broker. I'd recommend support for a more detailed answer regarding different pricing feeds between brokers.
@@tradersconnectso sir if I want it to just be risk based in the initial amount I used to start the funded account and not as my profit increase the initial amount increases as well is it possible?
Unfortunately we don't have a risk setting which considers your "starting balance", I would suggest the Lot Multiplier to achieve your desired risk setting.
If I use Traders Connect to copy from my personal MT4 account to a prop firms MT5, and copy the stop because the prop firm demands it. What happens if I move my stop? If price is 1,000 on my personal account and I buy with a 20 pt SL my SL is at 9080. If at the same time price on my prop feed is 1002 is the prop SL set to 9080 or 9082? If I then move my SL to BE +1 on my personal account (1001) does the SL on the prop get set to 1001 or 1003 because I've moved the stop by 21 pts?
If you move your SL on the master account, your slave SL will also be adjusted to that same price. This can be customised though using our SL refiner or fixed SL settings.
Does taking multiple profits work? For example you have a system on your master accounts where you’ll take profits up to 3 times, will the profit taking be relayed to the slave accounts? And will it be relayed in lot/% proportion of the account sizes?
At the moment you can only copy trades between MT4, MT5 and cTrader with TradingView integration coming in the future. However, you can connect to TradingView with MT4 OANDA credentials. This is a workaround so you can use our copier through TradingView 👍
Hello. Is it possible to set a risk of 1% in USD as well. F.i., I set a risk per trade as $200 in Expert Advisor, which is 1% of balance. The same approach I'd like to use in Trade Copier..
If I purchase the 1 account that means I can use Master account to copy to Slave Account, correct? Lets say my master account is prop firm account and got to second phase with another credential, do I need to purchase another account or just switch the Master account with the new credential?
Can i have my risk set to a fix dollar amount so like 1% of iniatial balance lets say 10k account for example so always risking 100 dollars or is it only current balance risk you guys allow?
Hello, I have one question about the 'copy pending order'. If you put a limit on your "master account," does this limit also come on your "slave account"? But if the limit of the master account is activated and not that of your slave account (due to spread). Then the copy pending order causes this trade to be set by market execution on your slave account, right? But if it is automatically set by market execution, what happens to the limit on your slave account? Is it automatically removed if you are then in it via market execution or is there a chance that your limit will then also be triggered causing you to be in the trade with double risk?
Or is it like this: when you put this setting off. If you have a limit on your master account it doesn't place the limit on the slave account. But once the limit activates on your master account it does market execution on all your slaves account? So that you are in on all trades no matter the bad market conditions, right? And when you activate the setting it copies the pending orders or limits on all your account but this can mean due to the bad market conditions on some brokers or prop firms that you aren't in the trade on some accounts, right?And therefore it is better to just put the setting off and only place a limit on your main account and once it activates it does market execution on all the slave account, right?
Hello! When it comes to trading brokers that have different pricing feeds, it can causes issues, but if you follow our default recommended settings it will open and close trades based on the timing and not the actual market price, this is what most users do and it works well in this situation. Do not set: - Copy Pending Orders - Copy Stop Loss - Copy Take Profit This way, the slave trades will open and close as and when the master trades open and close, based on time and not market price. This helps mitigate differences in pricing feeds between brokers.
does it support Fixed risk amount instead of % ...i mean suppose i want to risk 500 USD per trade ?...then ? i just dont want use % of capital but fixed amount
A Fixed $ amount Risk would be great! A usage case would be for prop firm accounts people like to use a % of the initial account balance. eg $100 000 account you want to always trade $1000. Some people like to have keep extra money in the prop account eg leave 2% on the account so your draw down is 12% of the initial balance.
Hey I have a question. If I set my risk at 1% but on one trade, I want to risk 0.5% do i have to chance it or can I let the 1% risk stay and use a lotsize calculater to use 0.5%? and than is my question if the account will use the 0.5% or will it automatically chane to 1%? Kind regards
Can I make my Master account no matter lot size I open up with it opens a fixed lot size I choose on the slave account ? like ( Changeable on Master account & Fixed on Slave )
Sir just newb question. What if my Master account has 1:100 Leverage but the Slave account has 1:50 Leverage, does the Leverage has nothing to do with the risk if the risk type I choose would be % Based Risk?
Leverage does not affect your lot size calculation - it only affects the maximum lot size you can open. If you don't have enough free margin to open a position, the trade copy will fail.
If your master account is 100k and slave account 50k and when 1% risk is turned on, does it automatically risk 1% on slave account aswell or does it goes in on trade with master account 1% risk on slave account. Thanks
You can just use a Balance Multiplier 100%, provided you're risking 1% on your master all your slaves will risk 1% per trade too, regardless of their account balances.
Unfortunately not, HFT will struggle to copy through a trade copier as the trades are only open for a split second. So it will not work if you are using a true HFT bot. It will only work if you are taking trades for more than a few seconds, but genuine HFT will not work through the copier.
You have recommended turning SL off on the slave account, but what happen if I lost internet connection (it happens a lot on CTrader) while the trade is on, now the master account is protected by the SL I have set but the slave account have no SL, am I correct on this?
@@tradersconnect does that means even if Ctrader Spotware goes off line for a minute which happens to me time to time and it's not my internet connection, the trade will not be effected?
@@Roy7.. If the cTrader platform is down then of course no actions will be taken, in the same way you would not be able to communicate on your PC. If Spotware are down, they're down everywhere, unfortunately. However, in such cases our platform will retry the trade action until Spotware is back up.
One question like if i place a 0.15 lot on master account and i want it copy on my other account with 10x (1.5lot) setting, is that setting available on that ? Like if i place 0.05 lot i want it 10x (0.5lot) on my other account
Hi there, we currently have developers allocated fulltime to integrating these platforms. You can follow the status here: tradersconnect.com/features/platform-implementations
@@tradersconnect fantastic news. I know so many traders that can't wait to use traders connect along with ctrader now a lot of prop firms are having to drop mt4/5. Massive step forward.. Thank you to the whole team what made this happen 👍
Can we add more than one trade copier, means another master count copied to a list of slave accounts, or it is restricted only to one master account and one trade copier,
Can i connect the master account only with an investor password? I mean I've got the investor password of someone and want to copy their trades, is this possible?
@@tradersconnect do you have a link to that please? I have another likely useful suggestion I'd love to see (in the calculator for lot risk multiplier to add the other's account balance along desired percent)
Hey, i have master and 3 slave account. always get symbol error. i only trade gold and i cant find xauusd on all 3 slave account upon mapping.. which make me thinking of canceling subscription
so to clarify. With the risk multiplier with your 1% risk example. say you choose to do 0.5% risk instead of your normal risk instead. Will it adjust to the 0.5% for both accounts at the 100% multiplier or can does it only default to 1%? I assume it will adjust?
sir can you make option or this option is already available in slave to copy the same ratio of master. example = if master have 1000usd then lot size used is 0.02 lots per trade. slave have 2000usd then automatic slave lots used is 0.04. thank you sir or if slave have 500usd the lots size will be 0.01 lot per trade.
hi so i risk a percentage of my original account balance 200k as apposed to risking a percentage of my current account balance if that makes sense , i want to add a 50k account to it and follow the same risk management is it possible to do this ?
Fixed $ amount Risk would male sense a lot as well! Please include that as well!
Thanks for the suggestion! Written this down
hey how this lot multiplier thing really work? for example 4 lots on the master account and 2 lots on the slave account...So that means if you place 2 lots (half) on the master account, copier place 1 lot (half) on the slave account...and if you place 8 lots (x2) on the master account, copier place 4 lots (x2) on the slave account....Does the copier automatically adjust the lot size?😊
If the accounts are different sizes will the dollar risk be affected, or Will it still be 1% of Both accounts
Hey I've few questions
1: can i set a mt4 demo acc as master acc and a tft challenge acc as slave acc?
2: for 1 master to connect with 1 slave acc , do I've to pay for 1 acc per year or 2 acc per year
3: with a % risk being set , dose that mean if i use 5% risk on 100k acc and it hits the SL now equity will be 95k , so the next time it execute a trade will it be a 5% of 95k?
4: can we have a fixed equity set for SL instead of %?
Thanks.😊
1. Yes absolutely!
2. 1 master and 1 slave would be 2x accounts, $20 per month or $200 per year.
3. Yes that's correct, it is calculated from your current balance (not equity).
4. Currently the only SL and TP you can copy are the ones placed on your master account.
social trading tools and traders connect which one is more batter, and what is the advantage
That's for users to decide 😎
traders connect 100% i used social traders for like a year at this point, i just cancelled all subscriptions with them and move to traders connect
I’m looking forward to the MT5/DxTrade copy feature.
Coming soon 😎
russ have you found a trade copy site that takes dxtrade ?
DX Trade is supported now
So with the setting you’ve shown here I’m assuming the platform automatically takes account for the different tick values between different accounts.
Yes that's considered automatically
Do i need vps to run tradersconnect?
Looking forward for you guys becoming compatible with dxtrade accounts. Any info on how long until that can be expected?
Don't have an exact release date at the moment unfortunately, very soon.
but most prop firms have a rule of mandatory stop-loss, so if we don't copy that it could be a violation right? in these cases, copy stop loss become necessary.. or is there a way that prop firms know that a trade copier is being used so not using a stop loss is exempted?
Yes, in that case just leave 'copy stop loss' turned on. You can always extend it manually if you like, the slave trades will always close when the master trade closes.
Will the Market Order for different Prop firms will be instant so should I be tension free for different values of Indices on different prop firms due to different brokers?
Our average execution time is 30-50 milliseconds if you're using a fast broker. I'd recommend support for a more detailed answer regarding different pricing feeds between brokers.
How about the fixed lot option, how does it work?
It trades the lot size you enter, for example if you choose a Fixed Lot of 1 lot, every trade opened would be 1 lot.
The % risk is based on initial balance or current balance ?
Current balance 👍
@@tradersconnectso sir if I want it to just be risk based in the initial amount I used to start the funded account and not as my profit increase the initial amount increases as well is it possible?
Unfortunately we don't have a risk setting which considers your "starting balance", I would suggest the Lot Multiplier to achieve your desired risk setting.
If I use Traders Connect to copy from my personal MT4 account to a prop firms MT5, and copy the stop because the prop firm demands it. What happens if I move my stop?
If price is 1,000 on my personal account and I buy with a 20 pt SL my SL is at 9080. If at the same time price on my prop feed is 1002 is the prop SL set to 9080 or 9082?
If I then move my SL to BE +1 on my personal account (1001) does the SL on the prop get set to 1001 or 1003 because I've moved the stop by 21 pts?
If you move your SL on the master account, your slave SL will also be adjusted to that same price. This can be customised though using our SL refiner or fixed SL settings.
Does taking multiple profits work? For example you have a system on your master accounts where you’ll take profits up to 3 times, will the profit taking be relayed to the slave accounts? And will it be relayed in lot/% proportion of the account sizes?
Yes, partial closes works no problem 👍 if you close 50% of your master trade, we'll close 50% of your slave trade.
Can I connect Oanda ? or any brokers in Tradingview?
At the moment you can only copy trades between MT4, MT5 and cTrader with TradingView integration coming in the future. However, you can connect to TradingView with MT4 OANDA credentials. This is a workaround so you can use our copier through TradingView 👍
Thank you for your prompt response.
Hi I was recommended to use these services since my Propfirm I used lost its license to MT4. how do I connect back with MT4 using these services?
We support a variety of platforms, you can add your accounts from the 'Accounts' tab
Hello. Is it possible to set a risk of 1% in USD as well. F.i., I set a risk per trade as $200 in Expert Advisor, which is 1% of balance. The same approach I'd like to use in Trade Copier..
I understand, not at this time unfortunately, we do hope to improve our Balance Multiplier setting like this in the future though.
Thank you.
You're welcome!
Hi, do I need to log into MT4/5 and put the account details in first before this can work? Wondering for many account situations.
You only need to enter your Metatrader login credentials here in Traders Connect 👍
Awesome! Thank you so much for your quick reply 🙏
Does it make sense not to copy the SL if thre slave account is a prop firm account? Remember every trade must have a SL
Yes that's what we recommend - if your broker requires you to have a SL then you can just leave 'copy stop loss' enabled.
Can i copy from Oanda tradingview to prop firm accounts on MT4 ?
Yes, provided your OANDA TradingView account uses one of our supported platforms (MT4, MT5, cTrader, DX Trade or Tradelocker)
If I purchase the 1 account that means I can use Master account to copy to Slave Account, correct? Lets say my master account is prop firm account and got to second phase with another credential, do I need to purchase another account or just switch the Master account with the new credential?
You pay per account connection, you can replace your accounts as often as you like
So to copy from master to slave , I have to pay for 2 accounts?
Correct
Not sure if it’s possible but is there a way to risk a fixed amount on a slave acc regardless of the master acc risk?
Yes, use the 'Fixed Lot' setting
Can i have my risk set to a fix dollar amount so like 1% of iniatial balance lets say 10k account for example so always risking 100 dollars or is it only current balance risk you guys allow?
There isn't a fixed % risk setting at this time, but you can set a fixed lot size setting or fixed % setting :)
Hello, I have one question about the 'copy pending order'. If you put a limit on your "master account," does this limit also come on your "slave account"? But if the limit of the master account is activated and not that of your slave account (due to spread). Then the copy pending order causes this trade to be set by market execution on your slave account, right? But if it is automatically set by market execution, what happens to the limit on your slave account? Is it automatically removed if you are then in it via market execution or is there a chance that your limit will then also be triggered causing you to be in the trade with double risk?
Or is it like this: when you put this setting off. If you have a limit on your master account it doesn't place the limit on the slave account. But once the limit activates on your master account it does market execution on all your slaves account? So that you are in on all trades no matter the bad market conditions, right? And when you activate the setting it copies the pending orders or limits on all your account but this can mean due to the bad market conditions on some brokers or prop firms that you aren't in the trade on some accounts, right?And therefore it is better to just put the setting off and only place a limit on your main account and once it activates it does market execution on all the slave account, right?
Hello! When it comes to trading brokers that have different pricing feeds, it can causes issues, but if you follow our default recommended settings it will open and close trades based on the timing and not the actual market price, this is what most users do and it works well in this situation.
Do not set:
- Copy Pending Orders
- Copy Stop Loss
- Copy Take Profit
This way, the slave trades will open and close as and when the master trades open and close, based on time and not market price.
This helps mitigate differences in pricing feeds between brokers.
Hi, does it work also with pending orders ?
Yes, you can copy pending orders :)
does it support Fixed risk amount instead of % ...i mean suppose i want to risk 500 USD per trade ?...then ? i just dont want use % of capital but fixed amount
Yes, you can set this up using the Lot Multiplier or Fixed Lot settings.
Hi mate, thank for the nice vid.
I have a question. Does it copy from mt4 and mt5 to match trader?
Currently it can copy between MT4, MT5, cTrader and DX Trade with new platforms coming soon :)
@@tradersconnect can we use MT5 at mobile phone to fill the setup for master account? is this available on IOS/MacOS?
A Fixed $ amount Risk would be great! A usage case would be for prop firm accounts people like to use a % of the initial account balance. eg $100 000 account you want to always trade $1000. Some people like to have keep extra money in the prop account eg leave 2% on the account so your draw down is 12% of the initial balance.
Thanks for the suggestion! We'll definitely consider implementing this.
Guys can i copy my c-trader accounts?
Yes, you can currently copy between MT4, MT5 and cTrader
@@tradersconnect can i copy "match trader" account??
Hey I have a question. If I set my risk at 1% but on one trade, I want to risk 0.5% do i have to chance it or can I let the 1% risk stay and use a lotsize calculater to use 0.5%? and than is my question if the account will use the 0.5% or will it automatically chane to 1%?
Kind regards
You can just use a 50% Balance Multiplier.
Can I make my Master account no matter lot size I open up with it opens a fixed lot size I choose on the slave account ? like ( Changeable on Master account & Fixed on Slave )
Yes, you can use the Fixed Lot risk setting to trade fixed lots.
What's the maximum number of slaves account we can connect with main account
You can connect as many accounts as you like within the limits of your Traders Connect subscription
Sir just newb question. What if my Master account has 1:100 Leverage but the Slave account has 1:50 Leverage, does the Leverage has nothing to do with the risk if the risk type I choose would be % Based Risk?
Leverage does not affect your lot size calculation - it only affects the maximum lot size you can open. If you don't have enough free margin to open a position, the trade copy will fail.
Hello, do matchtrader also work
Not at this time, but we do have plans to add Match Trader in the near future.
If your master account is 100k and slave account 50k and when 1% risk is turned on, does it automatically risk 1% on slave account aswell or does it goes in on trade with master account 1% risk on slave account. Thanks
You can just use a Balance Multiplier 100%, provided you're risking 1% on your master all your slaves will risk 1% per trade too, regardless of their account balances.
Do you allow copy-trading for high-frequency scalping from mt4 to mt5?
Unfortunately not, HFT will struggle to copy through a trade copier as the trades are only open for a split second.
So it will not work if you are using a true HFT bot. It will only work if you are taking trades for more than a few seconds, but genuine HFT will not work through the copier.
You have recommended turning SL off on the slave account, but what happen if I lost internet connection (it happens a lot on CTrader) while the trade is on, now the master account is protected by the SL I have set but the slave account have no SL, am I correct on this?
We are a cloud-based copier, your internet connection does not make a difference. You can turn off your computer and trade from mobile if you wish 👍
@@tradersconnect does that means even if Ctrader Spotware goes off line for a minute which happens to me time to time and it's not my internet connection, the trade will not be effected?
@@Roy7.. If the cTrader platform is down then of course no actions will be taken, in the same way you would not be able to communicate on your PC. If Spotware are down, they're down everywhere, unfortunately. However, in such cases our platform will retry the trade action until Spotware is back up.
@@tradersconnect But my understanding is that even if SL is set to off on the slave account it would still exit once the maser account hits its SL?
@@Roy7.. Yes, if you have your copier set that way, that's how it will work. If you have any questions feel free to contact our support team in-app 👍
can i copy trades to 8 accounts?
Yes that's no problem at all, you can copy to as many accounts as you like within the limits of your subscription.
Does this work with Pepperstone broker MT5 plataform?
Yes, we support all brokers which use MT4 or MT5 :)
One question like if i place a 0.15 lot on master account and i want it copy on my other account with 10x (1.5lot) setting, is that setting available on that ? Like if i place 0.05 lot i want it 10x (0.5lot) on my other account
Yes, absolutely, please reach out to our support team if you're unsure how to do this.
Does this work with dxtrader or ctrader?
Hi there, we currently have developers allocated fulltime to integrating these platforms. You can follow the status here: tradersconnect.com/features/platform-implementations
Great work to all the peeps at traders connect.. I can't wait to have this working with ctrader. Will make life so much easier.. 👍
@@MrNibbl0r Our cTrader connector has been released now 👍
@@tradersconnect fantastic news. I know so many traders that can't wait to use traders connect along with ctrader now a lot of prop firms are having to drop mt4/5. Massive step forward.. Thank you to the whole team what made this happen 👍
Woah, this is way better
😎
Can I copy mt5 to TradeLocker
Yes that's no problem!
Can we add more than one trade copier, means another master count copied to a list of slave accounts, or it is restricted only to one master account and one trade copier,
Yes, you can setup multiple copier configurations :)
I keep getting a message that says "an unexpected error occurred". What is causing this?
I'd suggest reaching out to our support team :)
Hi can I copy trades from Trading view to MT4/5?
We do not support TradingView at this time.
No trade locker?
Coming soon 😎
Can I copy trades using one account
Meaning if I have Account A can I use Account to receive the copy trades
The minimum subscription is 2 accounts because you need 1 to copy from (master) and 1 to copy to (slave)
Can i connect the master account only with an investor password? I mean I've got the investor password of someone and want to copy their trades, is this possible?
Yes, you can connect your master account with only the investor password.
Does this work on mt4 on eightcap broker?
Yes, we support all brokers on MT4 and MT5 :)
Hi i want copy from A account to B and C account same time how can i do?
Please speak with our support team directly for user specific configuration questions.
nice one bro
Thanks 🔥
Can this trade Tithmic and Tradovate accounts?
At this time we support trade copying between MT4, MT5, cTrader and DX Trade.
Unrelated idea to risk copy set up - it would be nice to have filter by spread. E.g. if spread is more than x-pips, do not trade.
Feel free to suggest this in our 'feature requests' section
@@tradersconnect do you have a link to that please? I have another likely useful suggestion I'd love to see (in the calculator for lot risk multiplier to add the other's account balance along desired percent)
Hey, i have master and 3 slave account. always get symbol error. i only trade gold and i cant find xauusd on all 3 slave account upon mapping.. which make me thinking of canceling subscription
Come to live chat and we will help you resolve your symbol mapping error :)
so to clarify. With the risk multiplier with your 1% risk example. say you choose to do 0.5% risk instead of your normal risk instead. Will it adjust to the 0.5% for both accounts at the 100% multiplier or can does it only default to 1%? I assume it will adjust?
It will match the master risk size, if you trade 0.5% on the master, the slave would also trade 0.5% risk.
sir can you make option or this option is already available in slave to copy the same ratio of master.
example = if master have 1000usd then lot size used is 0.02 lots per trade.
slave have 2000usd then automatic slave lots used is 0.04. thank you sir
or if slave have 500usd the lots size will be 0.01 lot per trade.
This is a standard feature in most copiers, Traders Connect can already handle it.
@@tradersconnectthis would be with lot multiplier or with balance multiplier?
hi so i risk a percentage of my original account balance 200k as apposed to risking a percentage of my current account balance if that makes sense , i want to add a 50k account to it and follow the same risk management is it possible to do this ?
Yes, you can just use 100% Balance Multiplier
How much does it cost per account?
Pricing can be found on our website.
@@tradersconnect I see but no crypto payment method found there, I wonder if there's a way
@@hosinhatami7271 If you wish to pay via crypto please contact support.
mffx and tft allows it?
There are users trade copying to and from these prop firms, yes. But it's best to confirm the rules directly with the prop firms.
Can it work for 5ers
Yes, we support all brokers which use MT4, MT5, cTrader or DX Trade.
Can i copy my mt5 account to ctrader account
Yes :D we support cross platform trade copying between MT4, MT5, cTrader and DX Trade.
Can i trade my phon using this
Yes, you can trade from any device which supports your master account trading platform.
Slave Trade is crazy
Can I copy to dxtrade and match trader?
DXTrade yes, Match Trade is coming soon.
Please do TradeLocker!! 🥲
We're working on it 😎