MT4 Local Trade Copier Netting of Forex positions

How to use Local Trade Copier in Netting mode on MT4 accounts with FIFO limitations

By | Trade Copier articles | One Comment

U.S. Forex brokers and possibly some other brokers will have FIFO limitations applied to each account. It means trader or any EA is restricted to close positions only in particular order and hedge trading will be disabled too (you cannot hold BUY and SELL positions open at the same time). These restrictions cannot be changed, and anyone who is trading in such account (including EA) will have to obey these restrictions.

Local Trade Copier is capable of handling trade copying of positions on MT4 accounts with FIFO limitations including partial closes.

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