FX Blue Remote Trade Copier Service
One of the most powerful feature that we like about the MT4 trading platform is the ability that it accords a trader to copy another trader. What this really means is that if you know George Soros and he is willing to let you copy all his trades, it can all be done through MT4. All you really need to do is to have it set up and make sure that the internet trade copier is live and connected and you are set. And if you are copying George Soros, then you are probably set for life too. This is truly wonderful when you think about it because all you really need now to get professional trading results is to find a good trader that you can copy. Wonderful, isn’t?
We have searched for plenty of trade copier solution and tested even more. We looked at several factors such as…
- Ease of Setup
- Cost of using the trade copier solution
We searched for a remote trade copier because we wanted to implement it on our trade signal service, Profit By Friday, so that all of our subscribers can copy our trades in real-time without lifting a finger other than setting it up.
We finally found a solution that meets all the 3 criteria above and after testing it for 2 weeks, we think that this solution is something viable. It’s not the best out there but in our opinion, it’s the best when you take cost into consideration.
So this is our recommended remote trade copier service… it’s by FX Blue.
Here’s how to set up the FX Blue.
1. First Create Your FXBlue Account
Before you can use the FX Blue Remote Trade Copier, you must, naturally, have a FX Blue account. So first register an account.
We are not sure how the rest works. We selected Account Sync + MT4 and registered an account here.
Link Your MT4 Account to FX Blue
Now it’s time to link your MT4 Account to FX Blue. You will need your MT4 account number, investor password, and the broker server name that you are connected to.
2. Email to Your Trade Signal Provider Your FX Blue Username
Email to your trade signal provider your FX Blue Username so that they can include you in their receiver list.
3. Download and Configure the FX Blue Receiver EA
Once you have logged into your new FX Blue account, please select “Connect” and “Trade Mirror” as shown below.
Download the Receiver EA. And you will receive a file called FXBlueTradeMirrorReceiverSetup.zip. You can unzip this file using winzip or RAR. Double click on the .exe file to begin installation. From here, the installation process should be rather self explanatory.
Once you have completed the installation of the Receiver EA, you can refresh your Expert Advisor list and should now see the FX Blue Receiver EA appearing under your Expert Advisor list as show below.
Now right click on the FX Blue – Internet Mirror Receive and select “attach to chart.”
You are now given the opportunity to configure the receiver EA.
Please check the boxes as shown above. Also remember to allow AutoTrading on your top navigation bar.
Next, let’s configure the parameters. There are only 3 things you should look here…
- Channel – this is where you should input the Channel name of the trader or FX Blue account you want to copy. You should get this from the trader or trade signal provider.
- Username – this is your FX Blue Username that you should input here
- Password – this is your FX Blue password that you have selected
Once you have keyed in the channel name, your username and password correctly, you should see the screen below. As this is done manually, you probably have to allow 24 hours for your Trade signal provider to add you into the approved list of receiver. And when they have added your username into the receiver list, you should see the screen below. Check the heart beat to make sure you are connected. For example, our channel is called StrategyWorks and you should see it like below.
Now, you are done configuring the FX Blue Remote Trade Copier and should start seeing trades made by your signal provider.
If you are looking for a reliable trade signal provider, you can consider our very own trade signals service, Profit By Friday. And yes, we use FX Blue to verify our account and to also allow our subscribers copy our trades. Click here to find out more…
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