4) Send your first trade signal
Congratulations, you are ready to send your first signal to your Followers!
- Open your prefered trading platform, for example your mobile MT4 platform
- Login to your Master account with your credentials
- Now place an order on your Master, for example BUY 1 lot GBPUSD
- Check the order in the Cockpit, you should see the order placed on your Master in the tab "Masters"->"Open Positions"
Now verify that your order has been copied on your Followers accounts, you can check it within the Cockpit in "Follower -> Open Positions", you can also check the closed positions in the tab "Follower -> Closed Positions".
You can also verify the list of orders copied from your Master to your Follower in the tab "Follower -> Orders", this is useful in case an order failed to check if the orders has been sent and its status. If an order failed you can contact directly your Follower in order to inform him on the reason and how to solve it. You can learn more how to resolve failed orders.
Symbols Settings: (Learn more here)
By default, our Trade Copier is able to automatically define the suffix by itself. For instance EURUSD to EURUSDm or USDCHF to USDCHFpro, etc. However, for complex symbols like XAUUSD to Gold or XTI to Oil, etc. you will need to use the "Symbols Settings" functionality (in "Follower-> Accounts"). It will allow you to define which Signal Provider symbol corresponds to which Follower symbol.
In the case you as Signal Provider is trading complex symbols and these symbols are not the same than on your Follower account, please assit your Follower to setup the Symbols Settings.
Pending/StopLoss/TakeProfit (Learn more here)
Our advanced Trade Copier can copy all pending orders like Limit or Stop orders. Moreover, it can copy StopLoss (SL) and TakeProfit (TP), too. With a Free plan, the Trade Copier will close the Follower position as soon as the Signal Provider StopLoss or TakeProfit is triggered. However, the StopLoss or TakeProfit is not copied (hosted) directly on the Follower account. With a Paid plan, the StopLoss and TakeProfit can be copied directly on the Follower account if you enable the corresponding options in the Follower account setting in the column "Copy Master's Pending/SL/TP".
In case you as Signal Provider uses Pending, SL or TP orders please inform your Followers that they will be manage properly by the Trade Copier no matter you are using a Free or Paid plan and no matter you have enable the copy of these orders.
Others advanced settings (Learn more here)
It up to you to use or not others advanced settings like Global Account Protection, Orders Filters, Globals Settings, Open/Close Only Mode,...
Please note that using such settings is at your own responsabilities and could leads to differents results that the one promises.
If you plan to define specific settings that should be used by your Followers, please inform your Followers.