If you open demo or actual account on Metatrader you may be given account quantity and a pair of passwords. The primary password is used to login as a daily person for buying and selling. The second password is named investor password. It’s read-only password used to login for statement functions. You cannot shut, modify or begin any trades, however you may see the true and real buying and selling historical past and even save the buying and selling assertion to your pc. Investor passwords are sometimes utilized by Foreign exchange sign providers, account managers.
When you’ve got investor password you may copy/duplicate the trades to your account. It is advisable to set up and open 2 Metatrader accounts in your pc. Account #1 with investor password will act because the server and account #2 would be the shopper account. Now it’s good to run a particular software program referred to as Native Commerce Copier on each platforms and all trades from account #1 shall be copied to the account #2.
LTC software program has many options, you may choose completely different lot measurement on the shopper aspect, select what foreign money pairs to commerce or to not commerce. The software program is suitable with any dealer.
LTC software program is suitable with VPS. It may be used to repeat few Metatrader accounts on 1 VPS or on a number of VPS. This can be utilized for account administration too. You may run copier on many accounts and commerce simply 1 account – server/grasp account. Copier can and can copy the trades opened manually or by one other Professional Advisor.