SIGNAL COPIERS - COPYING FOREX SIGNALS

The Forex market is a thriving place where people all over the world are buying and selling currencies in order to make money for themselves. Since you're here, you must be interested as well. Trading isn't the only way to increase your deposit on Forex. You can also make money selling your successful trading strategy to other traders. You can accomplish this in no time with an account copier.

LET'S TALK ABOUT ACCOUNT COPIERS

A Forex account copier is used to copy the signals you send to your trading platform, sending them as well to another trader's or multiple traders' platforms, which process those signals and make the same trades for them as you just made yourself. This way, if you have a trading strategy that's making you money, you can sell those signals to other traders, either at a specific rate or for a percentage of the profit they make from using them, increasing your own profit by that much more.

HOW DOES IT WORK?

A Metatrader 4 or MT4 account copier works by allowing one terminal to control the trades of another terminal or terminals - "master" and "slaves." The master terminal controls the trades of the slave terminals by sending signals from one expert advisor to another, that then uses those signals to initiate trades. This is done nearly instantaneously over the internet - the slaves trade at just about the same time as the master.

HOW DOES THIS BENEFIT YOU?

The opportunity to exponentially increase your profits is huge. If your trading strategy works, people will buy your signals. And since you're working on a percentage, the risk of selling these signals is nothing for you. And the risk to their deposit is negligible, since they won't invest with you in the first place until you prove your strategy works.

PROVING YOUR SIGNALS WORK

A good first step is registering with a third-party monitoring site. You'll be able to send your prospective investors there to check out your account's history. As well, you can set your possible clients up with an investor password for your actual Forex trading account. They get to see the real thing this way. This way they can check out everything you have ever done with your account - who wouldn't trust that?

USING WITH A TRADING ROBOT

Copying manual trades isn't all you can do. If you have an automated trading system that is consistently making money, you can use it in tandem with your account copier so that your robot's trades get copied to your investors' accounts. You won't have to spend hardly any time in front of your computer at all and you'll be making money trading your own deposit as well as other peoples' money.

HOW DO YOU FIND AN ACCOUNT COPIER?

There are tons of Forex forums to check out. You won't have any trouble finding them, and finding information on them about which copiers are good, and which ones suck. With some careful research you can get a good idea of which account copiers are the best to try.