The 4X Solutions trade copier is a cloud-based solution that enables traders and brokers to replicate trades across multiple accounts simultaneously, thereby amplifying profits extracted from the markets. Trusted by over 15,000 traders worldwide, 4X Solutions has been a cornerstone of the industry for the past 11 years. With risk management being powered by Machine Learning technology, it’s evident why this company has garnered such a stellar reputation in the industry.
Programs & Pricing
In terms of pricing, 4X Solutions is not on the low-cost side compared to its counterparts within the industry. The total monthly expense will largely depend on the scale of your operation and whether you are trading solely for your own accounts or for multiple clients as well.
With the basic package priced at $15 per month, you can only copy trades to one slave account, which may not be sufficient for many users. The standard package, priced at $60 per month, allows you to copy trades from 2 master accounts to 5 slave accounts, and the pricing increases accordingly with options like the Pro+ package, which costs $500 per month and offers management of 75 accounts, where 25 are master and 50 slaves.
For the majority of retail traders, the Standard package at $60 per month is often recommended, considering its features. However, it’s worth noting that while this package offers fully managed and cloud-hosted services, it may still be more expensive than some alternative options, depending on the specific needs and scale of your trading operation.
Monthly Program Pricing
Yearly Program Pricing
Features
The 4X Solutions trade copier showcases a variety of distinctive features that differentiate it from others in the industry. Let’s take a closer look at them.
Supervise risk across a portfolio of accounts
By utilizing this service, you can effectively manage risk across multiple accounts simultaneously, as you have the capability to predefine the risk parameters for the client or slave accounts. Your portfolio could be divided as follows:
- Master Account – 2% risk per position
- Slave Account 1 – 4% risk per position
- Slave Account 2 – 1.5% risk per position
Having the option to specify the level of risk you wish to assume per trade on individual accounts provides a high degree of flexibility, enabling you to seize opportunities in higher-risk trading scenarios without jeopardizing your primary capital.
Fully cloud-hosted trade copier
The entire trade copier is cloud-hosted, eliminating the need for any local downloads by yourself or your slave accounts. This not only saves time and money but also reduces downtime locally, ensuring trades are copied with utmost accuracy. Additionally, this cloud-based approach enhances scalability compared to some alternatives, as it eliminates the necessity for multiple local servers or stable connections to maintain consistency.
High scaling potential
The scalability is a result of the infrastructure and the team’s approach to its development. You can easily scale up from managing just 2 accounts on the trade copier to over 10,000 accounts, all while maintaining exceptional speed and performance with minimal differences. While retail traders may not require 10,000 accounts, brokers and money managers may find this scalability extremely beneficial. Although 4X Solutions may have higher pricing compared to some other copy trading services, they lack the scalability of this platform. If you have a substantial number of accounts to add to a copier, this platform may be your best choice.
Diversify risk among different brokers
As a forex trader, it’s crucial to avoid overexposure to a single broker. While regulated brokers typically offer greater security against insolvency, offshore brokers pose a higher risk of sudden closure. Relying solely on one brokerage account can be extremely risky. However, utilizing a trade copier allows you to distribute your capital across multiple brokers. For instance, you could allocate funds to a primary account with BlackBull Markets, a slave account with Purple Trading, and another slave account with XM, thereby evenly spreading your risk.
Manage multiple accounts within proprietary trading firms
The best feature is allowing traders to scale their prop firm funding by copying trades to multiple accounts at the same time. By using some of the Best Prop Firms, you’re able to take on huge amounts of trading capital relatively fast. Your trading portfolio could look something like this:
- Main account trading 2% risk with BlackBull Markets
- FundedNext Two-step Stellar Challenge $200k account size
- The Funded Trader Royal Challenge $50k account size
- Funding Pips Evaluation Program $100k account size
Why Is Using a Trade Copier Beneficial for Forex Trading?
A trade copier is essentially a software tool employed to duplicate trades across numerous trading accounts. It stands out as the most convenient and effective method for simultaneously managing multiple trading accounts, allowing for the execution of identical trades across various trading platforms.
What are the benefits of using a Trade Copier?
- You can connect numerous trading accounts of different Brokers.
- You can connect numerous Proprietary Trading Firm trading accounts.
- You can manage and customize risk between numerous trading accounts.
As stated above, incorporating a Trade Copier into your trading activity can provide a wide range of advantages. For example, when pairing them with multiple trading accounts, you can strengthen the benefits they offer to an even larger extent.
| Trading Account | Account Size | Account Type |
|---|---|---|
| Prop Firm Account | $200,000 Account | Master Account |
| Broker Account | €12,000 Account | Slave Account |
| Prop Firm Account | $50,000 Account | Slave Account |
| Prop Firm Account | $100,000 Account | Slave Account |
| Broker Account | $7,000 Account | Slave Account |
| Trading Account | Account Size | Risk per Position |
|---|---|---|
| Prop Firm (FundedNext) | $200,000 Evaluation Account | 0.4% per trade ($800) |
| Broker (BlackBull Markets) | €12,000 Account | 1% per trade (€120) |
| Prop Firm (The Funded Trader) | $50,000 Funded Account | 0.2% per trade ($100) |
| Prop Firm (Funding Pips) | $100,000 Funded Account | 0.35% per trade ($350) |
| Broker (XM) | $7,000 Account | 1.5% per trade ($105) |
Additionally, with the utilization of a VPS server, such as Forex VPS, you guarantee yourself a consistently low latency and a robust connection, thereby ensuring uninterrupted operation of your Trade Copier around the clock. When seamlessly integrated into your network of trading accounts linked by a Trade Copier, this integration can yield significant enhancements in your trading results. This is primarily due to the elimination of manual trade execution across all your accounts. Instead, you simply execute the trade on your Master account, and the Trade Copier autonomously duplicates it across all the connected Slave accounts. By adopting this methodology and configuring specific risk parameters for each linked trading account, you can optimize your risk management for every position, irrespective of the current balance available in any of your trading accounts.
Conclusion
In conclusion, the 4X Solutions trade copier stands out as one of the better options in the industry for expanding a trading operation and replicating trades across a large number of accounts. Its robust risk management features, combined with scalability and cloud hosting, make it ideal for traders managing numerous copier accounts or brokers venturing into the copy trading market.
The service may be somewhat expensive for retail traders seeking to duplicate trades across just a couple of trading accounts. However, for brokers and experienced money managers, 4X Solutions is well-suited to meet your needs.
