I can see you emphasize opening a live IC Markets accounts even if small like $500 to use as the master account over slave accounts. Is there any difference opening a DEMO IC Markets accounts since apparently they offer the same price & volume feeds, minus the slippage errors sometimes present in LIVE accounts. Am I missing out on something or the Demo price feeds are different from Live Markets
I believe you should be fine with a IC Markets demo account. I haven't personally used it but the trading conditions should be absolutely the same as on the live account :)
I believe it should be fine, just double check if there isnt a time limit on the demo account. Sometimes demo accounts are only valid for 30 or 60 days. So just be aware of that
What about using a prop firm account as master and copy to a slave personal live account? And also can I change the master account to slave and a slave to master?
Question, Can I have multiple accounts under the same prop firms? If so, can they all be operated on this platform?....And what would be the risks of having all these accounts under the same firm. Sorry, I'm a beginner just getting into the game, so I get that I've got a lot to learn. Thanks in advance.
Hello, yes you can have multiple accounts under the same prop firm. And yes they can all be connected to this software. There are no risks as far as I know. I have multiple accounts with the same prop firm and never had an issue. :)
Since not copying SL will look like we trade without SL to prop firms, could this result in them flagging us as a high risk trader with whatever implications this may have (B-book, deny payout or even ban)?
Most prop firms don't have a required stoploss rule so you won't get flagged at all. Some prop firms do have this rule and with those prop firms you must copy the stoploss. Make sure you read into all of the rules of the particular prop firm that you use. For the ones I use (FTMO, Alpha, Darwinex Zero) the stoploss is not required. :)
hi there man great content can the master account be a demo account meaning as for your case ic markets demo and the trade will be copied to the live slave accounts eg prop accounts?
its VPS that does me in, i sign up and the server is just not liking the speed the mt's work.. trade platforms for accounts and trade signals are a good help
@@markostradingjourney people who use MT4 advised that vps would be a great option to allow the EA to work 24/5 a week. despite turning to a good virtual server, i found they worked slow
@markostradingjourney Additionally, dear I connect my IC market Demo account in Trading View (using my Ctrader demo account) is still working to trade copier, while my order set in trading view?
I need to run 2 EA the copier and a money management Ea. I was told I need to open 2 charts of the same symbol, so If I do this and Execute on the money management EA chart will it still copy over?
There is no signal provider. This is just for copying trades from your personal broker account to a prop firm account. It makes things faster and more simple as you don't have to open multiple accounts each time you want to take a trade. This is for traders that are trading their personal capital and prop firm capital.
It knows the equity values of all accounts and adjusts the risk by lot size. Stoploss input doesn't matter. Only the lot size and the equity value is needed as an input for Traders Connect to proportionally calculate the lot size for all slave accounts.
@@markostradingjourney what if I risk 5 percent a trade of a $100,000 and my account goes do to 80,000 due to some drawdowns,it will still risk 5 percent of the initial account balance which was $100,000 and not $80,000 dollars right?
Yeah I learned about that couple of weeks after it happened. Definitely not cool. I still have my accounts running but I will definitely not be buying more account from them.
Is it possible to copier between different prop firms with cfds because one like alpha call it nas100 fundednext ndx100 other like ftmo call it us100 but it is all the same nasdaq?
Great video Mark. It was very helpful. Subscribed. I'm funded with Alpha Capital and I was looking to find a suitable trade copier for ACG CTrader. As per Alpha Capital customer support it is not possible to use trade copier on Alpha's CTrader. Are you facing any issues on this? Thanks in advance.
Hello! Thank you for the feedback and sub :) I haven't had any issues with copying traders from my IC Markets MT5 to Alpha Ctrader. Maybe they are not aware that Traders Connect offer the option to copy to Ctrader? For me it works great.
Is it possible to have, for example, 2 Alpha Capital accounts of 50k each on MetaTrader 5, 2 FTMO accounts of 50k each on MetaTrader 4, and also have my private account on T4Trade where I exclusively trade XAU/USD with a 30-pip stop loss, and enter trades simultaneously across all these accounts with different lot sizes? Thank you very much for your response. I am new to this. Best regards from Croatia.
Nope, different props have different data providers. You will get a bit of a different price execution depending on the spreads that the particular prop firm has. But the difference of spreads and price data is not very big. :)
@@markostradingjourney thanks for the reply! I personally trade with 30 pips tp and sl on xauusd. Should be big enough not to be in trouble with different feeds i guess. What do you think?
@@HAMSTAR135 I think that leaves a lot of room for different feeds so you should be completely fine. It is a problem when you are a scalper for example and you are using a 5 pip stoploss.
Copying trades from your master account to your prop firm account is allowed on most prop firms. You do need to check with the particular prop firm you are using. What is not allowed is copying the same trades from other traders on the same prop firm.
Hi. What if may I open a trade for a symbol that isnât on one of the slave accounts? Or if the slave account doesnât allow an overnight position or weekend position for that symbol, but the master does? Thanks!
New subscriber here! Thanks for the great value man! I have the following questions, since I just started with prop firms. 1. Is trade copy allowed but FTMO, so I mean copy live with the challenges? 2. If not, the unique IP addresses should cover it right? 3. Also, what if i want to risk 1% on all accounts but my FTMO has limit of 50 lots and the 1% is above the 50 lots. Does it take the maximum possible amount of lots then (e.g. 0.7%)?
No worries! Thank you for the feedback :) 1. Yes copy trading is allowed for phase 1, phase 2, and funded phase with FTMO. 2. You don't need a unique IP address for FTMO (I never heard of anyone having issues with this) but you can have it with the dedicated environment through Traders Connect. 3. Not sure about this one. Best to ask Traders Connect support. Hope that helps bro!
Huge help Mark. I was looking for best copier recently. ð
Great to hear that! Thank you for the feedback bro :)
I'm using Duplikium Trade Copier, trades are copied faster, great support, many more advanced settings also.
Thanks for your time and your support to the community great video information thanks again please keep going don't stop helping great job âĪ
Thank you very much for the feedback! :)
Thanks for this info...
I have to ask though can you take trades directly on trading view and copy your trades from there?
Thanks Man, very well detailed
No worries, thank you for the feedback!
I can see you emphasize opening a live IC Markets accounts even if small like $500 to use as the master account over slave accounts. Is there any difference opening a DEMO IC Markets accounts since apparently they offer the same price & volume feeds, minus the slippage errors sometimes present in LIVE accounts. Am I missing out on something or the Demo price feeds are different from Live Markets
I believe you should be fine with a IC Markets demo account. I haven't personally used it but the trading conditions should be absolutely the same as on the live account :)
I believe it should be fine, just double check if there isnt a time limit on the demo account. Sometimes demo accounts are only valid for 30 or 60 days. So just be aware of that
@@ftsomalan Yes! Great advice :)
Live IC markets available for US users? Do ya have the Link for it. Thank you
What about using a prop firm account as master and copy to a slave personal live account? And also can I change the master account to slave and a slave to master?
You can do that. Yes you can change the accounts as you like.
Question, Can I have multiple accounts under the same prop firms? If so, can they all be operated on this platform?....And what would be the risks of having all these accounts under the same firm. Sorry, I'm a beginner just getting into the game, so I get that I've got a lot to learn. Thanks in advance.
Hello, yes you can have multiple accounts under the same prop firm. And yes they can all be connected to this software. There are no risks as far as I know. I have multiple accounts with the same prop firm and never had an issue. :)
@@markostradingjourney thanks. And what would you say the best prop firms are for US residents?
@@Jeyden28 Well you can only choose a futures prop firm which I don't use so I can't help you with that sry :(
Since not copying SL will look like we trade without SL to prop firms, could this result in them flagging us as a high risk trader with whatever implications this may have (B-book, deny payout or even ban)?
Most prop firms don't have a required stoploss rule so you won't get flagged at all. Some prop firms do have this rule and with those prop firms you must copy the stoploss. Make sure you read into all of the rules of the particular prop firm that you use. For the ones I use (FTMO, Alpha, Darwinex Zero) the stoploss is not required. :)
Do you put stop SL after you clicked trade also or?
Can you copy bracket orders? Stops etc
Have they changed something on their main dashboard? I don't have equity protector ðĪĻðĪ
Mine is still there. It is under accounts>edit>equity protector
Hi thx for the vidÃĐo. Is it possible to connect an account MT4 to an account ctrader and to an account dxtrade ?
Yes it is. I have it setup so that I copy trades from my master MT5 to my Ctrader accounts on FTMO. :)
Hi, does this work well when scalping short moves on the 5 minute tf? Thanks
It can yes. This is the fastest trade copier so you shouldn't have issues :)
Great, thanks the rapid reply!
@@ambiencelectronica No worries!
Hi Marko, please, can i trade an ftmo challenge account as a slave account witout any problem?
Yup you can do that with no issues. :)
I manage other people's accounts. What is the way to protect my transactions without them paying me? If there is a way, please guide me
thank you
I am not sure what you mean? Are you managing capital for other people? Are they paying you to manage their accounts?
hi there man great content can the master account be a demo account meaning as for your case ic markets demo and the trade will be copied to the live slave accounts eg prop accounts?
Yes, I believe so! There shouldn't be an issue. :)
its VPS that does me in, i sign up and the server is just not liking the speed the mt's work.. trade platforms for accounts and trade signals are a good help
I am not sure what you mean. For what are you using a VPS? Trade copying? Traders Connect is much more efficient and faster tbh :)
@@markostradingjourney people who use MT4 advised that vps would be a great option to allow the EA to work 24/5 a week. despite turning to a good virtual server, i found they worked slow
@marko hello dear,
It is possible,
Ic Market
- demo account
Ftmo
-challenge account
For copy?
Yes! You can do that. :)
@markostradingjourney
Additionally, dear
I connect my IC market Demo account in Trading View (using my Ctrader demo account) is still working to trade copier, while my order set in trading view?
I need to run 2 EA the copier and a money management Ea. I was told I need to open 2 charts of the same symbol, so If I do this and Execute on the money management EA chart will it still copy over?
Hmm that is a very technical question. I would suggest contacting Traders Connect support. They will for sure know the answer. :)
Thanks for the video. i didnt understand from where do i copy the trades ?who provide the signals and do the trades ? please explain
There is no signal provider. This is just for copying trades from your personal broker account to a prop firm account. It makes things faster and more simple as you don't have to open multiple accounts each time you want to take a trade. This is for traders that are trading their personal capital and prop firm capital.
Does trader connect work for Trader Locker ?
If so, Can I use a Trader locker account as a Master ?
Nope, Trade Locker is unfortunately currently not supported I believe.
can I use reverse copy trade This means if I bought it in the first account then it should get sold in the second one
You definitely can. But you must do this on accounts from different prop firms, otherwise you will get banned from prop firms hahaha
Hi! Thanks for the info! Did you notify alpha capital prior to using a trade copier? Im in the same boat just wanted to know if you had any issues.
I didn't notify them and didn't have any problems. But if you want you can send them an email about it. Can't hurt :)
@@markostradingjourney thanks for replying! Appreciate it I just shot them in an email!
how does the traders connect calculate the risk percentage if you havent put the copy stoploss and the take profit
settings
It knows the equity values of all accounts and adjusts the risk by lot size. Stoploss input doesn't matter. Only the lot size and the equity value is needed as an input for Traders Connect to proportionally calculate the lot size for all slave accounts.
@@markostradingjourney what if I risk 5 percent a trade of a $100,000 and my account goes do to 80,000 due to some drawdowns,it will still risk 5 percent of the initial account balance which was $100,000 and not $80,000 dollars right?
@@funnymoments_shorts3668 Nope it will risk 5% of the current balance which is 80,000 in this case.
Your alpha capital is still good? Because they said that alpha capital ban traders who use trade copier.
Yeah I learned about that couple of weeks after it happened. Definitely not cool. I still have my accounts running but I will definitely not be buying more account from them.
Thank you ð
No worries! :)
Is it possible to copier between different prop firms with cfds because one like alpha call it nas100 fundednext ndx100 other like ftmo call it us100 but it is all the same nasdaq?
It is possible. There is a way to sync the instruments between different prop firms.
when i delete an account do i need to pay to add it back, even when my subscription is still active...
Nope. You can just delete accounts and add them back as long as the subscription is running. :)
Please what is the leverage on IC markets? I trade 1 minutes. I need a large leverage.
1:100 for IC Markets global and 1:30 for IC Markets EU clients :)
Does it also copy the partials and trailing SL set on the master account to the slave accounts
Yes it does. :)
do they support tradingview ? need to know
Nope, Tradingview is not supported. Only Metatrader, Ctrader and DX trade.
Hello but IC MARKET can connect to Trading View?â@@markostradingjourney
Hi. Can i copy mode reverse (hedging) between my personal account and prop firm as FTMO? Would I be banned?
You can! So basically when you enter a buy it will execute a sell setup on the prop firm? Is that what you meant?
@@markostradingjourney yes. Can i to send orders from personal account to prop firm and vice-versa?
@@brunomarc6830 Yes! You can copy regular trades and I believe you can also copy the opposite of a trade (hedge).
@@brunomarc6830have u tried it? Have they banned you from ftmo or another propfirm?
Will trades copy if u are not online but coping from another trader
They will as long as you have everything set up on Traders Connect. :)
Great video Mark. It was very helpful. Subscribed.
I'm funded with Alpha Capital and I was looking to find a suitable trade copier for ACG CTrader. As per Alpha Capital customer support it is not possible to use trade copier on Alpha's CTrader.
Are you facing any issues on this? Thanks in advance.
Hello! Thank you for the feedback and sub :)
I haven't had any issues with copying traders from my IC Markets MT5 to Alpha Ctrader. Maybe they are not aware that Traders Connect offer the option to copy to Ctrader? For me it works great.
@@markostradingjourney Thanks for your reply. I have one more question, while purchasing your Alpha Ctrader account did you enable EA?
@@octogoncapital I didn't. I don't use EAs to trade.
Is it possible to have, for example, 2 Alpha Capital accounts of 50k each on MetaTrader 5, 2 FTMO accounts of 50k each on MetaTrader 4, and also have my private account on T4Trade where I exclusively trade XAU/USD with a 30-pip stop loss, and enter trades simultaneously across all these accounts with different lot sizes?
Thank you very much for your response. I am new to this.
Best regards from Croatia.
I don't think Traders Connect supports T4Trade software. Otherwise everything you wrote down can be done!
Pozdrav iz Zagreba!
can they copy match trade ?
Not currently :(
Hey! Just wonderingâĶ. Lets say i want to copy trade xauusd among different props. Will all props have same prices and charts?
just dont copy stop loss or take profit. Run all the trades on your main account. That way separate spreads and prices don't matter.
@@brinny5950 so how will you close the trades on the other accounts? Market close through the main account?
Nope, different props have different data providers. You will get a bit of a different price execution depending on the spreads that the particular prop firm has. But the difference of spreads and price data is not very big. :)
@@markostradingjourney thanks for the reply! I personally trade with 30 pips tp and sl on xauusd. Should be big enough not to be in trouble with different feeds i guess. What do you think?
@@HAMSTAR135 I think that leaves a lot of room for different feeds so you should be completely fine. It is a problem when you are a scalper for example and you are using a 5 pip stoploss.
Will the copier work if I am executing trades across accounts from my master mobile MetaTrader app (IOS) ?
Yes, I execute trades only on my phone and it works great!
Great video thanks
No worries! Glad to help. :)
Any issues copying between mt5 and Ctrader?
Nope! Everything works great for me. IC Markets is my master on mt5 and FTMO is on C trader. Very happy with the copier. :)
How about ip address.. It will change or not.. Or my own lap ip it show
For a unique IP address you will need to choose the dedicated environment option and pay extra money.
Did you pay for that for those prop firms you use?
@@SherifGfx Nope, I am not using the dedicated environment.
Alright, thank you very much for your response!
@@SherifGfx No worries bro!
is coping trades not against prop firms rules
Copying trades from your master account to your prop firm account is allowed on most prop firms. You do need to check with the particular prop firm you are using. What is not allowed is copying the same trades from other traders on the same prop firm.
Can it trade phase 1 and phase 2 prop accounts
Yes it absolutely can. :)
Good day. Does this work on any forex prop firm company?
It does! Although you should check if the prop firm allows a trade copier. Some prop firms don't allow copiers in their rules.
Can an IC Markets Trading View Account be the master account?
I don't think you can connect a Tradingview account. It must be Metatrader, cTrader, or DX trade platforms :)
I think it might be possible. Since the tradingview account is technically a cTrader account.
Hi. What if may I open a trade for a symbol that isnât on one of the slave accounts? Or if the slave account doesnât allow an overnight position or weekend position for that symbol, but the master does? Thanks!
Hello! I believe the trade copier will return an error. Best to check this with Traders Connect support team. :)
Trading environment will need additional $30/month ?
Yes! You pay extra for the unique IP address :)
can I use dx as master account?
I am pretty sure you can but it is best to contact Traders Connect support and check with them!
Did i have to pay before i can do this?
Yes, traders connect requires a subscription to use their services.
Thanks Marko ð
No worries! :)
New subscriber here! Thanks for the great value man!
I have the following questions, since I just started with prop firms.
1. Is trade copy allowed but FTMO, so I mean copy live with the challenges?
2. If not, the unique IP addresses should cover it right?
3. Also, what if i want to risk 1% on all accounts but my FTMO has limit of 50 lots and the 1% is above the 50 lots. Does it take the maximum possible amount of lots then (e.g. 0.7%)?
No worries! Thank you for the feedback :)
1. Yes copy trading is allowed for phase 1, phase 2, and funded phase with FTMO.
2. You don't need a unique IP address for FTMO (I never heard of anyone having issues with this) but you can have it with the dedicated environment through Traders Connect.
3. Not sure about this one. Best to ask Traders Connect support.
Hope that helps bro!
Top. Thnak you
No worries! :)
Itâs that fine for ftmo to use like 200k x2 and trade with copier !!
Yes, it shouldn't be a problem. :)
@@markostradingjourney awesome alpha capital seems rules?
@@wael_te Yeah you can do it on Alpha Capital as well!
tradelocker compatible?
Unfortunately Traders Connect only support Metatrader, Ctrader and DX trade for now.
@@markostradingjourney thank you!
can I have trades copy from mt4 to extrude?
I am not sure what Extrude is?
@@markostradingjourney dxtrade sorrry
Does it work for DX Trder?
It does! DX Trade is supported.