Computers and Technology

Copy Trading Software

 

Introduction

Copy Trading is a software system that permits individuals in the monetary business sectors to naturally duplicate positions opened and overseen by one more chosen master merchant. This technique permits merchants to duplicate explicit methodologies with the best influence. You can contribute lower or higher than the suggested assignment from the system owner.

On the whole, the main goal of the system is to ensure that merchants have a sheltered procedure for the procedure of exchanging.

The duplicate trades will be accomplished by the system after the course of action is coordinated and it is verified that the action is completed. The system is presently being utilized by a wide range of merchants, and the client base has expanded as the business continues to progress.

7 Most Best Copy Trading Software

TradeStation

For traders who want to start making trades with their accounts, TradeStation is the most popular software for making trades. They also offer a ‘Free’ version of the software which allows you to trade for free and to try out the program before you purchase the full version. They also allow for the setup of up to 4 live accounts at once.

Features: For those looking to get started, this is an excellent platform that allows for easy setup and the ability to trade right from your phone. However, if you already have a brokerage account set up with another platform, TradeStation is not necessarily the best choice for you.

Apex Pro

If you are familiar with the stock market or have a lot of experience trading forex, Apex Pro is for you. This copy trading software allows for multiple pairs and lets you set a stop loss and take profit. It also offers a demo mode that allows you to trade before you invest any money.

Features: For those who want to learn about the market and test their skills, this is an excellent platform to start with.

Metatrader

Metatrader is for the experienced trader. The software is designed to be used by professional traders and offers numerous options for different types of accounts. One of the most unique features of Metatrader is that you can use it as a ‘real-time’ trader. This means that you can watch the market in real-time and make your own trading decisions.

Features: Metatrader is the only trading platform that we have found that allows for this feature. Metatrader has an incredible array of functions and is a great way to learn how to trade and also to trade your trades.

CQG Trader

For those who want to trade stocks but want to do so from their mobile phone, CQG Trader is the perfect solution. You can trade on the go and access markets at all hours of the day. The software is simple to use, even if you are a beginner and the interface is very user-friendly. However, there are a few things to be aware of when using the program.

Ava Trader

Ava Trader is for those who want to trade the Forex market. It is similar to Metatrader in that you can use it as a real-time trader. However, Ava Trader has many different features and options that are not found in Metatrader.

Features: Ava Trader is easy to use and allows for the setup of various accounts. However, it is a little more expensive than Metatrader and is best suited for those who want to trade on the go.

Exchange Trader

For those who want to trade currencies, Exchange Trader is the perfect solution. The software allows for the setup of multiple accounts and offers many different types of accounts. It is easy to use and has a very user-friendly interface.

Features: The software allows for a ‘real-time’ trading feature and is great for those who want to trade currencies on the go.

FXStreet

FXStreet is software that is designed for beginners. The software is designed to be used by beginners who want to learn how to trade. However, there are some things that you should be aware of before using the platform. The software is not free, but it is a good option for those who want to learn how to trade.

Features: For those who want to trade forex and stocks at the same time, FXStreet is an excellent option. It is a simple platform to use and the interface is very user-friendly.

Etoro

Etoro is an excellent platform for beginners and also for those who want to learn how to trade. The software is very easy to use and allows for the setup of various accounts. There are also multiple ways to trade and several features that allow for a great trading experience.

Features: For those who want to learn how to trade and use the software, Etoro is an excellent choice.

Roboforex MT4

MetaTrader4 MultiTerminal is a useful tool that makes it easy for you to trade through Roboforex MT4. By connecting the MT4 Terminal to the MultiTerminal, you will have the capacity to trade on a couple of exchanges at once.

RoboForex offers a multi-Terminal that is specially designed for traders who want to be able to monitor a large number of trading positions simultaneously. This is accomplished by allowing them to send multiple requests to one or more servers at the same time.

Particular elements of RoboForex Meta Trader 4 MultiTerminal:

  • Up to 128 genuine records and up to 10 demo accounts simultaneously.
  • Opening situations on a few records with a solitary snap.
  • 5 different ways of conveying the request volume between accounts while putting in new requests.
  • Inward reports framework for finished exchanges.

Roboforex MT4

Conclusion

However, if you are looking for a platform that is easy to use and allows for the setup of multiple accounts, then FXStreet is the perfect option. If you are looking for a platform that allows for the setup of multiple accounts and has a simple-to-use interface, then Etoro is the perfect option.

 

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