MT4 Copier review: Pros, Cons, and Traders Ratings.
What is MT4 Copier?
MT4 Copier is a software company that develops a copy trading software called Local Trade Copier which can be installed on MT4 platform to make the chosen MT4 account a master account so that every trade placed on this master account will be mirrored to other clients accounts.
Please read MT4 Copier Reviews below and share your copy trading experiences with this software company.
Recent User Reviews of MT4 Copier
A lot of costumization available, but also very simple to use at the same time.
2014-06-22 No RatingI have tested a few local trade copiers, but this one is the most stable and reliable. You need to configure it carefully though.
I use the LTC software about 1 month, and very reliable (it make some profit for me:) They give with a software a very detailed user manual, so easy to install and set up. (It need, because the EA a little bit too complex) And the best test you can try the trial verson for 1 month - its enough time to try how good this software. So I can recomend tihis software honestly. Good luck for copying trades.
Works as intended, read the docs first
With manual trading on the Master I never had a missed copy.
With trades generated by my EAs I had some problems at the beginning, until I figured what was the reason. It turns out that If I recompile my EA so I can add a comment on my chart, for example, the master LTC EA stops communicating (the "server send" number stops growing), however the smiley face keeps smiling and I thought it was still working. So now, when I need to update some of my EAs, I reinstall the master LTC afterwards and everything runs fine.
For the last two weeks I haven't touched anything on one of the masters and it hasn't missed a trade there.
I can't say that this is a problem with the software, as it may be a safety feature, but I want to point it out because I didn't see it mentioned in the instructions.
I do recommend it as an excellent value for the money.