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Local Trade Copier Review , Best Forex Trade Copier for MT4/MT5

Local Trade Copier at a glance

$49
8.8

Value

8.5/10

Easy To Use

9.0/10

Price

8.5/10

Support

9.2/10

Pros

  • Profits Are Fast- The software was made to ensure that when you are using it, you do not have to go through the motions of trial and error
  • It Works- The program actually works because it has been in use since the year 2010 and that is a long time to test and also get feedback which has been positive so far.
  • Money Manager- This feature has the responsibility of making sure that the money you have stays with you and that it is not wasted on trades that are useless and not safe.
  • Growing Your Account- this will happen faster when you have the software which has capabilities that will make this growth so much easier
  • 60 days money back guarantee.

Cons

  • Most people think that with this one, you cannot fail.
  • You will need to be careful with what you bet on or buy and that way, be safe in case something happens overnight.

Local Trade Copier Review :

Local Trade Copier is an Forex trading copier that utilizes specialized software for the MetaTrader 4 , a platform that assists retailers and Forex trader and manager of accounts replicate trading positions across multiple accounts operating on the same PC/VPS, so they don’t have to duplicate the exact trade operation for every MT4 platform on its own.

This means that you are now able to trade with multiple accounts on MetaTrader 4 simultaneously and mirror the trades from any bot trading account to family or friends accounts (even even if it’s locked on your own MT4 account) Create investment portfolios based on a variety of accounts using MT4, avoid the risks associated with non-regulated Forex broker, turn losing trading strategy into a winning one becoming an account manager who is independent immediately , without having to sign any contract or open costly PAMM brokerage accounts.

Trade Copier vs. Forex Trade Copier Service

We must be able to discern distinction between the definition of a trade copier and what it isn’t. The confusion surrounding this topic is widespread among traders due to the fact that it’s very easy for software that can be used to copy trades to be misinterpreted as the use of a signal service to trade on social platforms where trades are made on clients’ accounts in a way that is automated.

Two Categories of Forex Trade Copiers Services

Trade copier that is utilized by traders who wish to replicate trades across multiple trade platforms. With this type of software you are able to duplicate your trades on different platform trading and also share your trades with family, friends or even clients. In essence, the primary function is to transfer trades from one account to another.

Trade copier is that is used to provide trading signals or more precisely, to mirror trade. This is the principle of receiving trades using the software for trade copier directly to you MT4 account. It is necessary to pay a monthly subscription fee to the Forex signals service provider in order to mirror trades.

Features of Local Trade Copier Services

Copy the success for other traders When you’ve had the pleasure of meeting someone who is trading successfully then ask him for an investor’s password for MT4 (read-only access) and copy his trading on your account.

Begin copying trades within just 5 mins: Local Trade Copier is designed in it is that you can use it instantly without having to learn all its configuration options of 100+.

Automated Scaling (different sizes of accounts supported): This trade copier can handle various size accounts automatically and adjust the size of a position upwards or downwards in accordance with the size of the account. There are other risk options for traders of all kinds too.

compatible with different Forex robots This is a great way to utilize this account copier in conjunction with the other forex robots. Be sure to connect the MT4 EA to an individual chart.

more than 100configuration options: LTC can be the best customizable application that exists in the market with more than 100 options, yet it’s very simple to use. Imagine being in the car that has thousands of button. You may not be able to tell what each button accomplish, but that does mean that you can’t drive the car.

This is the same with the MT4 Trade Copier Software. There are a lot of options, but you have to be aware of a few options to get started and duplicate trades between accounts using MT4.

MetaTrader 4 is compatible with: Unlike some other trade copy tools, LTC does not violate any MetaQuotes guidelines and is safe for use by everyone.

FIFO compatible: My account copier is designed to comply with FIFO limitations, even if copy non-FIFO strategies to an account that has FIFO restrictions. Hedging trades will be delayed if the opposite order is in place and the SL/TP method will be implemented in accordance with FIFO rules.

Compatible with VPS: The VPS compatible software can be used LTC within a Virtual Private Server (VPS/VPN). This is actually recommended since it lets you run MT4 platforms all day long, without having to run your computer 24/7.

Join several accounts. One MT4 accounts is able to receive trades, and forward them to different MT4 platforms that are on that same computer. This allows you to combine multiple MT4 accounts into one , or simply to have distinct groups of receiver accounts.

Speedy trade duplicate: The trades you make will be copied within one second or less in normal conditions. LTC can also allow you to regulate the synchronization rate of its system to accelerate or slow down the mirroring processes for trades.

does not abandon orphan trades LTC employs Smart Trade Identification technology to maintain the connection between trades on the server and accounts of clients. If the trade ticket number changes after partial closing, “close by” operations or when pending orders are triggers, the connection stays. LTC never leaves orphan trades.

third party trades are allowed: LTC is designed to be non-interfering with other trades that are that are running within your accounts. This means that you can choose to open trades either manually or automatically when the trade copier is running.

Replicates All types of orders: LTC will replicate any order type such as BUY, SELL in-progress STOP and in pending LIMIT and take profits (profit goal) as well as stop loss.

works with Forex and other non-Forex instruments: You can copy not just currency transactions however, you can also copy CFDs, Indexes, Metals or any other instrument available in your MetaTrader 4 accounts.

Why Traders Use Forex Trade Copier Services?

Trading online in the Forex market has seen a rise in popularity over the past few years, and many traders have decided to spread their cash across several accounts for trading. This is perfectly normal since placing all your eggs into one basket isn’t an investment decision, especially when it comes to the security of your funds.

However, having your cash split across several trading accounts can present many challenges. One of the biggest hurdles is managing trades across several platforms, which could result in losing money, particularly when you’re a trader who is manual.

Imagine if you could duplicate trades across multiple accounts ? So that trades made on account A can be transferred to the account B, C and D, or any other account you wish immediately at the same time?

Features of Local Trade Copier Services

Copy the success from other traders When you’ve had the pleasure of meeting someone who’s successfully trading request an investor password for MT4 (read-only access) and copy the trading of your friend to your account.

Begin copying trades within five minutes Local Trade Copier is designed in it is that you can use it instantly without learning the 100plus configuration options.

Automated Scaling (different sizes of accounts assistance): This trade copier can handle different size accounts automatically and adjust the size of a position upwards or downwards in accordance with the size of the account. There are other risk options for all traders.

It is compatible with all other Forex robots It is possible to use the account copier in conjunction with the other forex robots. Be sure to connect every MT4 EA to an individual chart.

more than 100 options for configuration: LTC is the most flexible application that exists in the market with over 100 options, yet it’s extremely simple to use. Imagine being in the car that has thousands of button. It is possible that you will not know the function of each one of them. accomplish, but that does not hinder you from driving the car.

This is the same with the MT4 Trade Copier Software. There are a lot of options, but you have to be aware of a few options to get started and duplicate trades between accounts using MT4.

MetaTrader 4 is compatible with: Unlike some other tools for copying trades, LTC does not violate any MetaQuotes guidelines and is secure for all users.

FIFO compatible: My account copier is designed to comply with FIFO restrictions , even if copy a non-FIFO strategy onto an account that is subject to FIFO restrictions. The hedge trades are delayed if the opposite order is present . the SL/TP algorithm will be used according to FIFO regulations.

Virtual Private Server compatible It is possible to use LTC to connect with Virtual Private Server (VPS/VPN). It is recommended since it lets you keep MT4 running 24/7 without having to run your computer 24/7.

Combine different accounts A single MT4 account can be used to receive trades and forward the trades to different platforms running on that same computer. This lets you combine multiple MT4 accounts together or simply to have distinct groups of receiver accounts.

Speedy trade duplicate: Trades are copied within one second or less in normal conditions. LTC lets you adjust the rate at which it synchronizes to accelerate or slow down the trade mirroring.

Does not let orphan trades LTC utilizes Smart Trade Identification technology to keep the connection between the positions between client and server accounts. If trade ticket numbers change following partial close, “close by” operations or when pending orders are triggers, the connection stays. LTC never leaves orphan trades.

third party trades permitted: LTC is designed to not interfere with any other transactions that are running in your bank account. This means that you can choose to open trades by hand or automatically when the trade copier is running.

Replicates all types of orders: LTC will replicate any order type such as BUY, SELL waiting STOP or waiting for LIMIT and take profits (profit to target) along with stop loss.

Compatible with Forex and other instruments that are not Forex: It is possible to copy, not just forex transactions however, you can also copy CFDs Indices, CFD Metals and other instruments available in your MetaTrader 4 accounts.

How the Local Trade Copier Works

If you personalize the software to show you the latest market trends as well as which products are selling where and when you will receive alerts from these sources that can assist you in making the most profitable trades and earn the most profit.

These interfaces feature lines that change to reveal what’s taking place in the world at a moment’s notice and assist you in making a decision. It’s quite easy and it is possible to find it features a feature that allows you to connect it to your Smartphone and receive updates to ensure that you aren’t missing anything.

What You Can Expect at the local trade copier Local Trade Copier

The money you earn will be handled by the program, and that is the most efficient thing you could ask for in this field since bad strategies for managing money can bring your business down quickly.

This high-slippage security is a method to protect yourself when market conditions market are poor and you’re at risk of sustaining losses.

Customization allows you to move at your individual speed and to track the most important things without getting lost in the useless tidbits from sources that do not relate to the subject of your.

The program can be used to track your actions attentively and give you all the details without relying on other people who commit mistakes.

The software comes with videos that will show you how to complete the process automated, so you don’t have to be there unless are doing something else.

Automated NotificationsThese function in a similar way to messages. When there’s an alteration or the detector detects changes in relation to the parameters you inputted to keep track of specific financial instruments, they will notify you a notification that explains the change.

It will show the currency, latest changes and predictions regarding the currency you’re trading in.

Installation and Use
Despite the intricate things this program is responsible for controlling, it doesn’t require the time to learn or use.

If you are installing, you’ll just need to read the easy guideline that will provide you with instructions to follow once installing the disc or the program. They are easy to grasp since all you have to do is following the prompts.

Local Trade Copier Review
Local Trade Copier Review

Pros

  • It’s WorkingThe program is actually working since it has been operating since 2010 and it has taken a while to evaluate and get feedback that is positive to date.
  • Profits are FastThe program was designed to make sure that, when you use it, you don’t need to go through process that involve trial and error. you’ll be able to skip the work that can be done to make money for a beginner with no experience.
  • Automation is Complete- There is no need to do anything but just sit back and make profits as money flows in. All you have to do is watch and approve trades at the convenience of your computer or phone.
  • Money Manager- This function will make sure that the money you’ve got remains with you and it’s not thrown away in trades that aren’t worth it and unsafe. In this way, you’ll be secure and have the protection you require.
  • Growing Your Account – this is easier when you are using a software that can enable this growth to be simple as all you need to do is sure you’re performing the most profitable trades.
  • Faster trading- The software is extremely fast which you’ll find beneficial, especially if you’re one of those who needs to execute fast and adrenaline-fueled trades.
  • Its creator is an experienced who is familiar with his work and the program was designed according to the requirements which allow it to manage the various accounts you’ll need when trading.

Cons

  • Many people believe that this is the case and you can’t be successful. You must be cautious about the bets you place or purchase and, that means you are protected in the event of something happening overnight.

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