The TopTrades trade copier is a multi-featured trade copier that works with several trading platforms. It has the ability to do cross-market (ie. Futures to CFDs) and cross-platform (ie. NinjaTrader to cTrader) trade copying. Aside from
copying trades locally on one computer, the trade copier can also copy trades World Wide to multiple computers within milliseconds.
Watch the video demonstration for a more detailed explanation on the TopTrades trade copier.
HOW TRADE COPIERS WORK
A trade copier is a piece of software that automatically replicates trading actions (opening, modifying, and closing positions) from one "master" (or "leader") trading account to one or more "client" (or "follower") trading accounts in near real-time.
This allows a trader to execute trades from a single master account and have it automatically copied into multiple client accounts within milliseconds.
Trade Copying Process
Master Account: An experienced trader (or trade signal provider) trades on their primary account as usual.
Software/Platform: A trade copier application is installed and configured to monitor the master account.
Signal Transmission: When a trade is executed on the master account, the trade copier captures the signal.
Replication: The trade copier automatically sends the same trade details (entry point, stop loss, take profit, etc.) to all connected follower accounts.
Execution: The trades are executed in the follower accounts instantly or with very minimal latency.
Common Uses
Signal Providers/Copy Trading Services: A professional trader shares their trades with other traders who automatically copy them.
Account Management: A money manager trades one master account and the trade copier replicates those trades across multiple accounts.
Personal Use: A trader may have multiple accounts at different brokers and use a trade copier to keep them synchronized.
Key Benefits
Cross-Broker Support: Works between different brokers and platforms (ie. MetaTrader to NinjaTrader, or cTrader to MetaTrader).
Time Efficiency: Automates trade execution across multiple accounts, saving significant time and effort compared to manual entry.
Diversification: Allows traders to diversify their investments across various accounts and markets (ie. Forex, CFDs, Crypto).
Beginner Accessibility: Enables less experienced traders to benefit from the expertise of professional traders.
Passive Income Potential: Experienced traders can become signal providers and earn a flat fee or a commission from traders that copy their trades.
Trade Copier Types
Local Trade Copiers: Copies trades between accounts on the same computer or within the same trading platform instance (ie. MT5 to MT5 on the same computer).
Remote Trade Copiers: Copies trades over the internet (or network) to different computers, trading platforms, or brokers (ie. MT5 from USA to an MT5 in the UK).
TopTrades
