Forex Trade Copier 2 – the best tool for copying orders in MetaTrader 4.
We offer simple and reliable software which can duplicate/copy trades between any MT4 accounts.
- Easy to use MetaTrader copier which saves valuable time
- Reliable, so you are protected from technical issues
- Powerful, with a lot of features available
Download free demo of Forex Copier 2 to make sure that Forex Copier is the best choice.
Who can use this MT4 copier?
Forex Copier is a solution for individual traders or account managers who need to execute trade signals from external sources or who need to manage several MetaTrader 4 accounts at the same time. We do not offer you “yet another holy grail EA”, we just offer a simple and reliable tool which copies orders from one MT4 to one or more other MT4s.
So, if you have a good source of Forex signals and want to execute these signals on your platform, you want to send signals to your clients, or you just want to manage several accounts, then our MetaTrader copier is what you are looking for.
The program is also helpful for people who know the source of “bad signals” and want to get some profit with the help of reverse copying.
What our customers say?more testimonials
Key features of Forex Trade Copier:
- Any broker support
- Any account type support
- Simple to install and use
- Custom lot/risk management
- Filtering orders
- Adjusting copied orders by user’s criteria
- Reverse Copying
- Lifetime license, no monthly/yearly payments
- Lifetime support
- Multiple Source support
- Multiple Receiver support
- Copying via Internet (in Forex Remote Copier)
- Many other features: see full list here
Is Forex Copier 2 user-friendly?
Yes! You should not have to spend hours to figure out how to set up and configure our EA in MT4.
We did our best to make the product as easy as it can be to save your time.
Would you believe that Forex Copier can be installed in a few clicks and less than 1 minute? Well, let’s check that in the short video:
As you see, this product is designed to free your time for things which are more important.
Is your MetaTrader copy tool better than other tools?
You probably know some other tools which do the same things, so you might ask us “Why is your program better? Is there any difference?” Our answer would be: Yes! There is a big difference between professional MT4 copy tools like ours and other basic tools which you can find on the market.
Be careful with choosing right tool for your needs; if you choose some “amateurish” software, then it may be dangerous for the account you send signals to. We have seen cases where some pieces of software blew up Receiver accounts by “copying” duplicates of the same order in the endless loop... you can imagine what traders say about that kind of software!
Our product is mature (we have been working on it for over 6 years), so it is very reliable and will not bring you such unpleasant surprises. Also, our MetaTrader copier provides an award-winning number of customizable features, including filters, transformations, and money management options which are available for your needs. Other programs do not provide such a wide range of features like our product.
6 reasons why our trade copier is better than other solutions
|Other products||Forex Copier 2|
||May be unstable and miss trades due to terminal errors or connection errors. Some orders can be closed on Source side but fail to close on Receiver side. This is dangerous for your balance.||Protects you from losing money. MT4 terminal errors are processed. If the program cannot open/close the order due to connection issues, it will try later.
Also, it has additional protection modules. For example,
“Equity/Drawdown Control” module stops the copying process if the equity falls to some level or if there is a big drawdown
|Is it easy to use?
||Time consuming, hard to install, usually require manual installation (you have to download experts and install them on charts by hand).
Hard to configure (many unclear options)
|Fast, automatic installation of experts on charts (takes only few clicks to install).
User-friendly visual scheme which shows relations between Source(s) and Receiver(s).
|Any MT4 support
||Other systems may not work with ECN brokers, brokers with different names of the same currency pair (e.g., EURUSD -> EURUSDfx). May not clone orders between brokers which work in different time zones.||Our trade duplicator works with any modification of the MT4 platform of any broker, which gives you wide opportunities in choosing a broker to work with.
||Most MT4 trade duplicators don’t have wide range of functions; they provide only basic features and give you no chance to adjust the process like you need. That is OK when you just want to duplicate orders, but if you want more (filtering orders, adjusting lot size, reversing orders etc.) then these products cannot do the job for you.||Forex Copier gives you almost complete freedom of transforming signals which come from Receiver. For example, you can turn losing trades into profitable ones with the help of Reverse Mode, you can filter incoming signals by different criteria (currency pair, comment, lot size, order type, etc.), or you can apply custom risk management on copied orders.
In other words, flexible settings give you an opportunity to customize the copying process for your needs.
||May not have customers support or this support isn’t helpful enough. (You download experts and don’t know what to do with them, how to install them etc or you don’t have enough skills to install the product.)||We try to solve all issues which the customers have. We offer remote support for customers who have difficulties. If you face any problems with the program, our polite support team will help you to overcome your troubles.|
||May not have a guarantee (You cannot get a refund if you are not satisfied with the product).||We are confident in the product and we are sure that you will like it. Therefore, we guarantee that we will return your full amount of money within 30 days if you are not satisfied.|
How does it copy trades?
Our MT4 trade copy tool is divided into 2 parts: Source expert advisor (EA) and Receiver EA. Source expert monitors the activity on the source account, and if something changes there (an order is opened/modified/closed) then it sends the command to the receiver terminal where Receiver EA executes that command.
You do not have to care about the installation of these expert advisors on charts and placing EA files into proper folders of the terminal. We’ve designed an automatic installer which configures everything; all you need to do is to specify sources and receivers in the visual copying scheme (see the screenshot below)
Note that "Forex Trade Copier 2" is a local MT4 copier (so trades are copied between MT4 terminals on the same computer); if you wish to clone orders from other computers then there are two possible solutions:
- Install clones of Source accounts on computer where Receiver platforms are installed. In this case, positions which were opened in Source account on other computers will appear on clones of this Source and will be copied to all Receivers
- Use Forex Remote Copier, which allows sending signals directly via internet. We recommend this version for traders who plan to provide Forex signal services.
Can your software help me to earn money when somebody else would lose?
This sounds strange, but YES! Forex Copier can make profit based on bad signals/bad accounts/bad EAs. This is possible because of the Reverse Function, which copies opposite positions.
It works this way:
|“Bad trader” (for example, some newbie or some “lossy EA”) is opening a BUY order.|
|Copier takes a signal and converts it to the opposite type of order (BUY -> SELL), so you receive SELL order|
|The price is falling so original BUY order is in loss and the bad trader starts to panic. At the same time, the SELL order in your account is in Profit.|
|“Bad trader” closes the order. Unfortunately, he lost some money.|
|You make profit|
How can I manage several accounts with your MT4 Copier?
If you manage several MT4 platforms and want to open/close the same orders on each of them, then Forex Trade Copier 2 will work just fine. All you need to do is to install the MetaTrader terminals which you want to manage on the same computer and install our software. This will allow you to trade from one platform only; orders will be copied to other terminals automatically.
If accounts are of the same broker then you can install several terminals of this broker and login to different accounts on each terminal.
If you wish to trade on one computer and duplicate your orders in other accounts which are located on other computers, VPS, or servers, then you can install a clone of your terminal on the computer (VPS) where Receiver accounts are installed. It will work this way:
You open an order on your computer -> this order automatically appears on the clone of your terminal which is installed on the same computer (VPS) where Receiver platforms are running -> Copier transfers the order from the clone terminal to all Receivers.
Can I use your product for signal service?
Sure. We have designed a special version of MetaTrader Copier which allows you to send trading signals remotely to customers’ computers which are located all over the world. This version is called “Forex Remote Copier”; see more information about it here.The main advantages of our solution are listed below:
- Self-hosted: you do not depend on somebody else’s servers, so if you have a good server with good Internet connection then your service will be available 99.9% of time
- You can control the subscriptions of each customer, so if somebody is not paying for your service then he or she would not receive signals anymore.
- Client’s part is easy to install and use: the client can set up everything in a few minutes. It makes your life easier, because you do not have to support each client.
- Any MT4 broker support. We do not have any agreements with brokers so our solution works fine on all MT4 platforms of all brokers.
- No monthly/yearly payments. When you buy Forex Remote Copier, then you get a life-time license.
- No payments based on the number of clients, so you can have an unlimited number of clients (you just need to have server which is powerful enough to process all connections)
- Reasonable price: our solution costs less than most analogs
- Free Beta Version (limited-time offer)
Examples (use cases)
Getting signals from profitable account
So, you know some good trader or account with profitable EA and you want to follow his/her trades. It is easy! All you need to know is an investor password of the account which you want to clone trades from. Then you need to:
- Install an additional MT4 terminal on your computer (it would be better if that MT4 terminal is of the same broker with the Source you want to follow)
- Login to the source account on the additional MT4
- Install our Copier and specify your MetaTrader as “Receiver” and the source MetaTrader as “Source”
That’s it! Now your account trades exactly like the Source’s one, and you do not have to worry about opening trades manually. Copier does that “dirty job” for you.
Managing Several Accounts
You may need to take care of several accounts at the same time. For example, you might need to manage your own account plus the account of your wife plus the account of your son, or you might want to offer management service and trade for your clients. Of course, you do not want to manage positions manually on each of the trading platforms; that would take a lot of time and energy.
So, you may try MT4 Multiterminal edition but… to be honest, it is not really convenient to use and you even cannot run EAs there.
The ideal solution would be to work on one MT4 terminal and mirror your trades to all other accounts which you manage. Our FX copier is the program which will do that for you! Every single position which you open/close/modify on your “Main” platform is duplicated on all “Receiver” platforms so they are synchronized with the main one. Your time will be saved and you will be able to concentrate on a trading strategy rather than on routine work of opening positions on all terminals.
Getting Profit from Losing Accounts
Let’s imagine that you know an account which loses money. For example, a person is just starting the trading career, meaning that there is at least a 90% probability that he or she will blow up the account (this is sad but you know the statistics…). Or you may have some EA which is always losing money, so you can install this EA on Demo and make this demo account losing (which is fine as long as you do not risk your own money).
So, you’d ask what you can get from that loser. It sounds strange, but you can get profit! How? Quite simple, just install our Copier in Reverse Mode and copy reversed trades from the account which is losing money. For example, when a SELL order is opened on a“loser” then a BUY order is copied to your account. So your balance grows every time when some money is lost on the “loser”.
Note that there are some warnings:
- You may lose money when “Source” (which you reverse trades from) earns something, so be careful when you choose the source to reverse orders from. We’d not recommend reversing trades of professional trader.
- Also, we do not recommend reversing short-time positions (scalping), because the profit will be decreased by the value of spread.
Running a Signal Service
If you are a professional trader and you think that you can earn money by providing your signals to clients, then you’d need software which connects the clients’ accounts to your main one. We can offer such a software to you. Please consider using Forex Remote Copier, which allows you to send trading signals over the Internet and execute these signals on clients’ platforms.
Contact us if you have any questions
Check out our other product which will help you to improve your trading skills
This product allows you to backestest your Forex strategy on historical data. It simulates real-time data feed. So you can trade on historical data like you do that in live account but you will be able to control the speed of time so you will not have to wait for the price change. Forex Tester is "must have" program for traders who want to improve their trading skills. See more details on www.forextester.com.