How to copy duplicate trades to my Metatrader account using trader password

When you open a demo or live account on Metatrader, you will be given an account number and 2 passwords. The first password is used to log in as a normal user to operate. The second password is called the investor password. It is a read-only password used to log in for observation purposes. You cannot close, modify or start any trade, but you can view the real and genuine trading history and even save the trade statement on your computer. Investor passwords are often used by Forex signal services, account managers.

Once you have the trader password, you can copy/duplicate the trades in your account. You need to install and open 2 Metatrader accounts on your computer. Account #1 with investor password will act as server and account #2 will be client account. Now you need to run special software called Local Trade Copier on both platforms and all trades from account #1 will be copied to account #2.

LTC software has many features, you can select different lot sizes on the client side, choose which currency pairs to trade or not. The software is compatible with any broker.

LTC software is compatible with VPS. It can be used to copy some Metatrader accounts on 1 VPS or on several VPS. This can also be used for account management. You can run copier on many accounts and swap only 1 account: server/master account. Copy can and will copy trades opened manually or by another Expert Advisor.

Leave a Reply

Your email address will not be published. Required fields are marked *