Here are the most popular questions about Forex Copier
Forex Trade Copier 4: How to Register It Super Quickly
To register Forex Copier 4 please open the program and click on Register → Register program in the main menu.
If you have a Forex Copier license then please enter your name, email, and license key into the proper fields below and click the "Activate" button.
If the registration is finished successfully you will see the "The product has been successfully registered" message.
What Windows versions is Forex Copier compatible with?
With Windows 7 and higher (Windows 7, Windows Server 2012, Windows8/8.1, Windows 10).
How can I adjust position sizes?
By default, Forex Copier copies orders with the same lot size but you can copy orders with different lot sizes by selecting one of the lot management options in our program.
You can find all lot management options in Forex Copier 4 application, just click the “Settings” button on the Receiver account and go to the “Lot/risk management” tab (please see the screenshot).
01. “Multiply lot size from Source account by” – this option will multiply the original lot size by the value, which is entered in this field. If the original order is opened with 1 lot and you have LotMultiplier =2 then Forex Copier will open the order with lot size=2 on the Receiver account
02."Proportional lot based on Source/Receiver Equity ratio" – if you have 1000 Equity on the Source account, 100 Equity on the Receiver account and you open an order with 1 lot on this account, our software will copy this order with 0.1 lot size
03."Always use the fixed lot for copied orders" – Forex Copier will always open orders with the entered value
04.“Use risk management” - If you set some value here then the lot size of each copied order will be adjusted and this order will risk no more than selected % of your account in case the Stop Loss is hit.
Please note that the original order should have Stop Loss so our software can calculate the result lot correctly.
How do I change EA settings?
You can change settings of our experts in Forex Copier program. Please open it and click “Settings” on Source or Receiver account to open the program settings.
You can find a description of all Forex Copier features in this PDF User Manual. After you set necessary configuration please click “Apply Scheme” button in Forex Copier program to apply these new settings.
I got duplicated trades on my Receiver account. How can it happen and how do I fix that?
Possible reasons of duplicates are:
01.More than one CopierEA was running on the Source platform. For example, you have 2 charts on the Source platform: EURUSD with SourceEA attached and GBPUSD chart on the same platform with SourceEA attached.
Please make sure that you have only one Copier EA (SourceEA or ReceiverEA) per one MT4®/MT5® platform.
* MetaTrader®, MetaTrader 5®, MT4®, MT5® are the registered trademarks of MetaQuotes Software Corp. The developers of Forex Copier are not affiliated with MetaQuotes Software Corp.
02.More than one CopierEA was running on the Receiver platform. For example, you have 2 charts on the Receiver platform: EURUSD with ReceiverEA attached and GBPUSD chart on the same platform with ReceiverEA attached.
Please make sure that you have only one Copier EA (SourceEA or ReceiverEA) per one platform.
03.More than one instance of Provider/Receiver MT4®/MT5® platform logged into the same account was opened on this computer. This can happen on VPS when you have 2 sessions logged in.
In this case, just close the second Provider/Receiver platform or restart the VPS.
04.You logged into another account on the Source side for some time and then logged into the previous account.
Please disable EA execution (click the AutoTrading button in the MT4®/MT5® platform) when you switch between accounts on Source or Receiver platforms.
05. You changed password in Source account and it caused MetaTrader® to “re-login”.
Please disable EA execution (click “AutoTrading” button) when you change the password of Source account.
How can I copy orders with big price difference?
Forex Copier has a feature which does not allow copying orders if the difference in prices is bigger than entered value.
By default it = 15 pips, so if the price is different for more than 15 pips, this order will not be copied.
To change it please open Forex Copier application, click “Settings” on Receiver account, go to “Filtering orders” tab, and change the value of ”Max difference between Source open price and current open price”.
After this, click “Save and Finish” and then click “Apply Scheme” so Forex Copier will use these new settings.
My MetaTrader® platform crashes when I try to run Copier. How can I fix this? * MetaTrader®, MetaTrader 5®, MT4®, MT5® are the registered trademarks of MetaQuotes Software Corp. The developers of Forex Copier are not affiliated with MetaQuotes Software Corp.
Probably you have more than one Copier EA per one platform. For example, you may have SourceEA on 2 or more charts of the Source platform or ReceiverEA on 2 or more charts of the Receiver platform.
Please remove all excess EA instances and restart the MT4®/MT5® platform.
Please note that Forex Copier EA is installed on one chart but copies orders for all currency pairs by default.
How do I get my registration key and register Forex Copier?
You will receive a license key in email letter after purchase.
Please follow this instruction instruction to register Forex Copier 4 software and use it in full mode
I have big delays between placing an order on the Provider side and its appearing in my Receiver platform.
How can I increase copying speed?
The delay in copying orders is 0-1 sec depending on the Broker and Internet speed.
If you have big delays in copying then this can be caused by the broker or some settings of our software.
We can recommend you check the reason for the error in the logs, which are written by our software. You can find them in the “Experts” tab of the Terminal window.
Or please open Forex Copier 3 application, go to Help -> Send logs, enter your name, and subject and click the "Send logs" button.
We will check these logs and tell you how you can fix this issue.
How to Install Forex Trade Copier 4 | Quick & Simple Guide
If you do not have Forex Copier 4 installed on your computer, you can download it here
01.Open Forex Copier 4 installer
02. Read End-User License Agreement (EULA) and click on the “Accept License” checkbox if you agree with EULA terms.
03.Choose a folder and click “Install”.
04.After this, please click “Close”.
Congratulations! Installation is completed!