How to copy-duplicate trades in my Metatrader account using investor password
When you open a demo or live Metatrader account, you will receive an account number and 2 passwords. The first password is used to log in as a normal trading user. The second password is called the investor password. This is a read-only password used to log in for monitoring purposes. You cannot close, modify or initiate any trades, but you can see the real and true trade history and even save the trade statement on your computer. Investor passwords are often used by Forex signal services, account managers.
When you have an investor password, you can copy/duplicate the trades in your account. You need to install and open 2 Metatrader accounts on your computer. Account #1 with an investor password will act as the server and account #2 will be the client account. Now you need to run a special software called Local Trade Copier on both platforms and all trades from account #1 will be copied to account #2.
LTC software has many features, you can choose different lot size on client side, choose what currency pairs to trade or not trade. The software is compatible with any broker.
LTC software is compatible with VPS. It can be used to copy multiple Metatrader accounts to 1 VPS or multiple VPS. This can also be used to manage accounts. You can run multiple account copy and trade with only 1 account – server/master account. Copier can and will copy trades opened manually or by another Expert Advisor.
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