The Telegram Copier provides comprehensive guidance on replicating signals from Telegram signal copiers to your trading accounts. Put simply, the Telegram Copier monitors trading signals received from selected Telegram channels and forwards them to your Telegram to MetaTrader account.
Furthermore, Telegram Copier users are not limited to merely sticking to the signal provider’s directives. They have the autonomy to craft their own strategies by selecting preferred trading signals. Users can also customize their money and risk management settings.
Programs & Pricing
When it comes to affordability, the Telegram Copier stands as an average option within the industry. The platform provides users with two payment alternatives: a monthly plan or a lifetime subscription. Opting for the lifetime subscription proves more economical compared to the monthly option, particularly when considering the extended timeframe spanning multiple years. Additionally, users can select from three distinct programs: Regular, Prop Firm, and Backtester.
Regular Program Pricing
Prop Firm Program Pricing
Backtester Program Pricing
Features
The Telegram Copier presents a wide range of highly beneficial features crafted to elevate your trading journey. Let’s delve into these features extensively to grasp how they can refine and improve your trading tactics.
Customization of trading strategy
The customization of the trading strategy feature for the Telegram Copier represents a significant addition in empowering traders with greater control and flexibility. This feature equips traders with the tools they need to succeed in today’s dynamic markets while managing multiple trading accounts at the same time.
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.
Money management on a single or multiple currency pairs
Money management on single or multiple currency pairs for Telegram Copier provides traders with greater control, flexibility, and risk management capabilities. The feature equips you with the tools you need to optimize your trading strategy and achieve your financial goals. Experience the power of enhanced money management with Telegram Copier by trading a single currency pair or multiple at the same time and taking your trading to the next level.
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
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.
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 Telegram Copier offers traders a powerful tool for seamlessly replicating signals from Telegram channels to MetaTrader accounts. With its user-friendly interface and customizable features, traders gain the flexibility to tailor their strategies while benefiting from expert insights. Whether opting for monthly or lifetime programs, the Telegram Copier provides accessible pricing options, ensuring traders of all levels can harness its capabilities to enhance their trading experience.
