How Forex Trade Copier Works on Many MT4 Accounts

You don't know it yet but, in a few short minutes, you're going to learn how to trade multiple MetaTrader accounts using the Local Trade Copier. You probably already know that the MT4 trading platform does not give any option to trade multiple MT4 instances at once automatically, right? Well, let me jump straight to the point and explain to you how you can do this using the Local Trade Copier. Here's how the Local Trade Copier typically works You just have several MetaTrader accounts on the same computer and you link those accounts using the LTC trade copier. Now…
Local Trade Copier installation on MT4 trading platform
Copying Forex trades from one MT4 master into three MT4 client accounts
Risk Parameters Explained in LTC Client EA

In this video, I explain what risk parameters you can find in MT4 Local Trade Copier and how to use them. IMPORTANT! In Local Trade Copier 2.9.7 risk parameters have been upgraded and look differently. I would say their names are self-explanatory but I created a new risk parameters tutorial to explain them here. Note that the below parameters explained are for the older 2.9.6 version of the software. With LTC it is possible to determine the risk factor for each slave account separately. LTC can handle different lot sizes for different accounts independent of their balance. By default, LTC…