MetaTrader Account Сopiers Сomparison
We’ve been receiving a lot of questions for some time in connection with release of new metatrader
account copier Multiterminal “PowerTradeCopier”. The most widespread question is: “What is the
difference between CopyToolPro metatrader account copier and PowerTradeCopier Metatrader Multiterminal ?”
CopyToolPro is a metatrader account copier, which was created several years ago and is currently the
most popular copier among traders, money managers and brokers. This tool won such popularity thanks to
high reliability and wide range of capabilities, such as:
- copy trade operations between different MetaTrader4 brokers (market and instant execution, 4 and 5
digits quotes etc.);
- CopyTool can duplicate trades and merge trades;
- CopyTool copies all types of market and pending orders;
- Copies orders opened by expert advisors or manulally;
- CopyTool has a lot of customizable settings.
The metatrader account copier “CopyToolPro” can also be adapted to needs of any trader or broker. We’ve
developed hundreds of various additional modules and filters on order of our clients.
The copier has the following shortcomings:
- There is a small delay in the process of copying (about 1-2 seconds), because the copier is based on
scripts. Such delay is insignificant for the majority of traders and brokers;
- All slave terminals (subaccounts) should be launched for correct work of the copier;
- Master and slave terminals should be launched on one local computer or VPS.
Read more about Metatrader acount copier CopyTooPro on our website | Blog
Such approach isn’t quite acceptable for forex signals providers, since clients can refuse to provide
their account data to the signal provider.
We’ve been receiving many letters with request to create a copier, which can work in a local network,
i.e. when master and slave terminal are on different computers. Such configuration is necessary for
forex signals providers. Master terminal sends signals to slave terminals, launched on different
computers, and each slave client adjusts copying parameters independently. Master can add or block any
slave account, for example, if a client didn’t make payment in time.
We studied MT4 thoroughly and created API, while working on this project. Thanks to it we developed a
multiterminal “PowerTradeCopier” , which allows to work on a single computer or in the local network. It
isn’t necessary to launch all slave terminals for correct work of the “PowerTradeCopier” multiterminal;
it is very important, when you manage large number of accounts. And also delay during copying is equal
to zero thanks to the fact that the copier uses MT4 protocols. It’s even lesser than delay of
metatrader. We succeeded to achieve it, because metatrader is an upper level application with low
priority and it uses only one trade flow. Our program works at the level of Windows core and can use
about 250 connections; it considerably increases reliability and speed.
regards,
BJF Trading Group
