💸 COPY TRADING 💸
All my strategies that pay off...
...And how to copy them from A to Z!
(estimated set-up time: < 30 minutes)
This page is also translated in the following languages:
All my strategies that pay off...
...And how to copy them from A to Z!
(estimated set-up time: < 30 minutes)
This page is also translated in the following languages:
How to set up a Copy Trading strategy:
Step-by-step tutorial
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I'll teach you how to create sub-accounts in the next few steps.
I STRONGLY encourage you to open only one sub-account per trader (i.e. not to link a sub-account to several traders).
Follow the instructions in the right order, don't improvise, and you'll be confident you've done everything the right way.
If you have any questions, feel free to check out the FAQ.
If you live abroad, start by setting your VPN to your home country (so that the RoboForex broker identifies you as a resident of your home country).
You will arrive on this page.
Click on "Open an account".
Fill in your informations:
- E-mail
- First name
- Last name
Then click on "I have the Partner's code".
You will now receive an email.
Please check that you have received it:
You can now log in to your newly created RoboForex account.
The next step is to link yourself to the strategy of an experienced trader, for example one of those I've highlighted at the very beginning of this page.
Once you've chosen a strategy that seems relevant to you, it's time to create a sub-account that will link you to the strategy.
Go to your main account screen and click on "+Add account" to create the sub-account you'll use to make your first deposit, and start trading automatically:
We're now going to configure your sub-account in the most optimal way.
Take a close look at this screenshot:
In this screenshot, you can see the presentation of a strategy from a trader who offers his Copy Trading strategy on RoboForex.
This is also what the overview page will look like for the strategy you've chosen.
For the record, if you want to access a Copy Trading strategy, click on one of the links I have provided at the very top of this page.
Take a close look at how the trader's account is configured. The data circled in red will help you configure your own sub-account.
You can see that the trader we've chosen as an example uses an MT4 Pro account (there are several types, so make sure you always use the same type of account as the trader you want to connect to).
You can also see that the trader has set his leverage to 1:1000. You'll need to do the same when you set up your account.
Finally, note that the trader has $5180 in his balance.
You can connect to the trader with as little as $500 (you can see this in the info he displays in his strategy overview, next to "minimum deposit, USD").
HOWEVER, understand that the trader will be able to trade up to his balance.
If you put less money than him in your own balance, some buy/sell orders that the trader is going to place could therefore go right under your nose, for lack of sufficient liquidity on your side...
I know it might sound technical, but the logic is actually quite simple.
To sum up, if you want to play it safe, it's best to have a balance that's identical to or higher than the trader's, which will let you perfectly mimic the trader's moves.
This is useful in cases where the trader has a good opportunity to seize and decides to place a large order.
But it's up to you ;)
Do some research on the subject if you're afraid you might not have understood my explanations.
If you had wanted to create a sub-account to link up with the trader I've used as an example above, you would have had to create a sub-account following EXACTLY these criteria:
Trading platform: MetaTrader 4
Account Type: MT4 Pro
Currency: USD
Leverage: 1:1000
Password: Create your password
Confirm Password: Confirm your password
Affiliate code: ccod
This is an example - you get the idea!
Use the data that correspond to those displayed by your trader's strategy on his overview page and adapt.
Finally, enter your address and confirm.
Your sub-account is now created!
Of course, keep your sub-account password in a safe place.
Your sub-account is now ready to be linked to your trader.
To link it, you must first have enough money deposited in the sub-account to begin trading.
The minimum amount to be deposited in the sub-account is indicated on the overview page of the strategy of your choice ("minimum deposit", in USD).
Let's take a look at how to make your first deposit.
Click on "Deposit Funds":
Choose the payment method of your choice from the options provided.
Choose the deposit amount.
Choose to pay in Euro if this is your usual currency (if you leave it in USD, the payment will fail).
Enter your phone number.
Then click on "Deposit Funds".
Enter your credit card details.
Click on "Pay".
If the payment was successful, this page will be displayed.
Click on "Back to the shop" to return to the site:
If the payment was successful, you're all set to link up with the trader!
All you have to do is click on the link corresponding to the strategy(ies) of your choice, such as:
Check that the account on the right is the one on which you made a deposit.
If not, click on the double white arrow to the right of the account number to switch accounts.
Of course, make sure the sub-account you've chosen has enough money to connect to. But if you've followed the tutorial correctly so far, there's no problem at this point.
Click on "Customize manually" to set your level of risk.
Here's what the screen looks like (connected to another trader in this instance)
By default, the risk ratio is set to 1.00 and I advise you to leave this setting unchanged. That way, you'll mimic the trader's results as closely as possible.
But you can increase the risks (and profits) - it's up to you!
In the example below, I've set the ratio to 1.5, which means I'll make 1.5x as many gains and losses as the trader.
If I set the ratio to 2, my gains (and losses) would be doubled.
Click on "Send request" to validate.
Tip: You can create several sub-accounts connected to the same trader, but with different ratios for each sub-account.
New example:
Below, on the red arrow on the left, you can see that this time I've set my ratio to 3.00.
And on the red arrow on the right, I can choose "Unsubscribe from Trader", which means I'm ALREADY registered on the trader, and the account has been connected to the strategy.
Congratulations, you're connected to a strategy! Trades will start soon.
In the future, if you wish to add new deposits, repeat the process.
To withdraw your profits, go to the "Funds" section, then "Withdraw Funds".
For withdrawals, I return the money directly to the credit card used for payment.
If the payment failed, try different payment methods.
If you want to try out other payment methods in euros or dollars, go back to the RoboForex broker. Click on "Accounts".
Then click on "Deposit" on the account you created earlier:
(I already have $106.65 on my balance, because my first transfer was successful)
Then you can test the different deposit methods until you find one that works for you.
If nothing works, contact my support on Telegram (only accessible to people who have used my affiliate link): @copytradinghelp
If the deposit worked, please continue configuring your account here:
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