Context The landscape of proprietary trading (prop trading) companies has witnessed a significant shift in platform preference, moving away from the traditional MetaTrader platforms, MT4 and MT5, towards more advanced and versatile platforms like cTrader and DX.Trade. This transition underscores a broader trend in the trading industry towards embracing technology that offers enhanced functionality, greater transparency, and improved trading conditions. Let’s delve into the reasons behind this shift and the advantages these newer platforms bring to prop trading firms. From MetaTrader to cTrader and DX.Trade: A Trend in Motion MetaTrader’s Legacy: MT4 and MT5 have long been the go-to platforms for traders worldwide, lauded for their ease of use, wide […]
タグ: mt5 copier
Forex Account Copier – ideas for use
What is a Forex Account Copier? Forex Account Copier is a program, which allows traders to replicate trades from the master account to secondary accounts while changing the trade size of the secondary (dependent) accounts according to a predefined rule. Why do we need a forex account copier – main application? The main users of the forex account copier are account administrators, signal providers, and traders trading on several accounts at the same time. In the case of managers and traders who trade on multiple accounts simultaneously (for ease of understanding, let’s group them under “forex manager”), the program helps to ease the work greatly, because the forex manager does […]
How to choose a Forex trade copier?
Introduction The Forex trade copier has long been an indispensable tool not only for every money manager or Forex signal provider but also for ordinary Forex traders. The sphere of Forex trade copier application is rather vast and a lot of articles could be and have been written about it. How to choose a Forex trade copier? First of all, you need to proceed from your tasks as a Forex trade copier user, as well as from your working conditions. If you have only 2-3 sub-accounts and copying time is not critical for your strategy-which is almost a non-realistic condition-you can use a Forex trade copier based on MQL scripts […]