Copy trade with
Download the Eurotrader: Copy Trading app to follow the experts, learn from the best, and connect with our trading community!
How to sign up to Eurotrader: Copy Trading
Make sure you have a Eurotrader account.
To get started, you’ll need a live MT4 trading account. With Eurotrader, it only takes three steps to set one up!
Download the Eurotrader: Copy Trading app & open an account.
Enter your details and tell us about your trading interests. Enter the login code sent to the mobile device. If it does not arrive, opt for an email version.
Link your MT4 account.
Enter your MT4 details. You can only auto-copy with a live account. Make sure your MT4 account is funded via My eurotrader.
There you are! Ready to chat and trade!
Don’t forget to complete suitability questions before making the first trade.
Download the Eurotrader: Copy Trading app
Download the app to join our growing trading community and learn from the best!
Frequently asked questions
Eurotrader: Copy Trading is entirely free of charge, just like our regular trading services. You will, however, still be subjected to the industry-wide trading costs that every broker applies to trades to cover the costs of executing orders.
Also, note that some Signals in Spotlight might charge. If you apply to copy a Signal, we’ll let you know whether the Signal charges a fee.
You can always connect, follow and interact with other traders having accounts with other brokers.
However, please be aware that any past performance does not guarantee future results.
It is advised that you 'Follow' an account before you start auto-copying.
Following is free and lets you monitor a Signal’s live performance. Simply navigate to a trader's profile. Select 'Follow' and you can monitor their ability by receiving updates as and when they place a trade.
It's very easy:
- Select the user.
- Go to their Eurotrader Profile.
- Select Copy.
- Complete the suitability questions (you'll only be asked these once).
- Select the trade type and the subsequent options.
- Select start.
Mirror Master Risk allows you to adjust the risk your account will take when auto-copying another user.
Let’s explore the following example:If you auto-copy another account and set the Amount to Mirror at 1.0, your account would copy trades with the SAME risk taken by the master Signal.
If you had £10,000, copying a signal with £1,000 on the account. If the Signal placed a trade of 0.01 lots, you would copy at 0.1 lots. Your account size is 10x larger - therefore, your trade size will be to match the risk.
Suppose you changed your amount to mirror to 2.0. Using the same example, your lot size would be double the Signals, e.g., 0.2 lots. You are therefore INCREASING your exposure.
If you entered 0.5, your lot size would be half 0.05 lots. In this instance, you are DECREASING your exposure.
Is there a limit on mirror master risk?
There is no limit on how much you can enter in the section 'Mirror Master Risk'. For example, you could enter 2.0. This would mean that your account would trade positions 2x larger than the signal relative to equity on the account.
Reasons to join Eurotrader: Copy Trading
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Risk warning: FX and CFD trading involves a high risk of loss.