In this article, we are going to delve into the topic of how you can change leverage on the MT4 platform. Leverage enables traders to operate more significant amounts of funds on their balance. Basically, it is trading using borrowed funds, usually from your broker or their liquidity provider (most likely banks). 1:100 leverage means that a trader can trade with funds 100 times higher than he actually has, or in other words, for every U.S. dollar that he has, he can open a $100 position. That’s the power of leverage that you can harness for better or worse.
FX Account Cloning™ setup allows you to place the same Forex trades in many different Metatrader accounts simultaneously.
Did you know that you can run multiple MetaTrader 4 (MT4) or MetaTrader 5 (MT5) accounts on the same computer and place the same trades on all of them at once? The answer isn’t just that you can. It’s also easy and quick to do!
Many brokers often offer locally created web, desktop, or even mobile platforms for their users. However, none of them could be a match for the MetaTrader (MT4) platform, which has been a favourite choice for millions of traders since 2005. Even though it is by default used as a Forex platform, you can trade other financial assets such as indices, commodities, cryptocurrencies, or even stocks.
Forex is the largest global financial market with around $6.6 trillion daily volume. Obviously, investors who seek to employ their money and achieve the most significant returns are lured to get invoiced in currencies and take a slice of that ever-growing $6+ trillion pie. Yet it is the challenge that many have taken and failed.
According to official data, around 70%-90% of Forex traders lose money. It is not that easy to climb to the top. However, there are a few ways to do that; one is an active approach, the other is more passive.
Trading is hard. It takes a lot of time and money to learn, master, and succeed in trading. Furthermore, it is not wise to risk by betting on one system or trader. If it fails, you lose your money. But what if I tell you that you could create a profitable investment portfolio by merging multiple traders from social trading networks into one MT4/MT5 account and diversifying the risk?
Are your results from forex trading underwhelming? Are you stuck making small profits or even losing money? Don’t worry, you’re not alone. Most traders are struggling to make serious profits, and many of them are actually losing money.
But what if there was a way to turn things around and take your trading to the next level? That would be truly amazing, right?
Most traders lose money, but what if you could profit from the losing trades? Most traders are so focused on their profits that they forget about losses. That’s why 95% of them keep losing. I’ve developed a simple way to trade in the opposite direction as a failing trader and make money from his mistakes. In a nutshell, if a failing trader loses on a long trade, you win with a short; if he loses on a short trade, you win with a long trade.
As of 12th of December, 2021, when you buy Local Trade Copier™, you’ll get both versions with one subscription. You do not need to purchase separate trade copier versions for MT4 and MT5.
But what should you do if you already have a separate subscription for MT5 Trade Copier?
Let me go through different scenarios and explain what you need to do if you want to have a Local Trade Copier™ for both Metatrader versions under one subscription.
The new Local Trade Copier 2.9.9 has just been released and is now available for download in the member’s area (Download Center). This new version includes some bug fixes and enhancements, making it faster and more reliable than ever before. So if you’re looking for an easy way to replicate your trades across multiple accounts, be sure to check out the Local Trade Copier today!
Forex robots are costly. Chances are you want to buy a Forex robot, but you don’t have enough money. In most cases, a single forex robot license costs more than $200 or even $500 for just one account. The good news is that if you find a few of your friends (let’s call them John, Jane, and Joe) who also want to start trading with the same robot, then all of you can split the bill and buy only one license.
However, there’s still a problem here – if only one person buys the license (let’s say your friend “John”), he’ll be able to trade using his own MT4/MT5 account but not on the accounts of other people (in our example, your other friends “Jane” and “Joe”). That’s where the Unlock Any Forex Robot™ method becomes a great solution because I designed it to let you copy trades from any number of different trading robots across multiple accounts in just a few clicks.