What Is a Trade Copier and How Does It Work?

A plain explanation of trade copiers, master and slave accounts, and when to use one.

A trade copier places the same trades on several accounts. One account is the master. The others are slaves.

When the master places an order, the copier repeats it on each slave. You can scale the size with a multiplier or set a fixed lot.

Traders and fund managers use copiers to run many accounts without placing every order by hand.

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