Myfxbook Copy Trading
Copy successful traders by following their tried and tested strategies.
What is
Copy Trading?
Quite simply, its copying the trades of other successful traders within your own MT4 account.
As an investor, you’re able to look at the performance of a variety of trading systems that have been created by other successful traders. You’re given the choice between a diverse range of trader systems and can choose a system to follow based on your own trading style.
As an investor, you’re able to look at the performance of a variety of trading systems that have been created by other successful traders. You’re given the choice between a diverse range of trader systems and can choose a system to follow based on your own trading style.
How Does
Copy Trading Work?
When you decide who you wish to follow, you simply begin to follow them, and their trades will be replicated in your account. If they open a trade, that same trade will be opened in your account, and should that trade be successful, yours will too!
The AutoTrade system was designed specifically to ensure smooth and correct mirror trading. When you subscribe to an AutoTrade provider, you can change the multiplier value (either at subscribing or afterwards in your management screen). Changing this value will show you immediately the hypothetical return and risk you could have based on the data gathered so far. A multiplier of value 1 means you're getting the same risk ratio as the provider.
Risk is the maximal drawdown of the subscribed systems - it ranges from 0% to 100%. When you adjust the multiplier of each system, you will notice the risk bar adjusting accordingly, showing you the total risk in real time.
Once the multiplier is set the system automatically will determine the size of trades on your account based on the chosen provider. The lower the multiplier value, the lower the risk, trade sizes and profit/loss. The higher the multiplier value, the higher the risk, trade sizes and profit/loss.
For more info: https://autotrade.astrosoption.org/support
Disclaimer: The AutoTrade system is owned and operated by Myfxbook Ltd (“Myfxbook”) and its use is subject to the Terms and Conditions specified on their website at https://autotrade.astrosoption.org/support#terms_of_service. Trading terms are same as on Pro account except 0.6 pip markup per side (1.2 pips in total). astrosoption Ltd. is not responsible and has no control over the signals generated through the use of AutoTrade and the resulting trades on astrosoption Ltd. accounts. Signals generated through the use of the AutoTrade system and the resulting trades are not the responsibility of astrosoption Ltd. and do not constitute general or personal advice.
The AutoTrade system was designed specifically to ensure smooth and correct mirror trading. When you subscribe to an AutoTrade provider, you can change the multiplier value (either at subscribing or afterwards in your management screen). Changing this value will show you immediately the hypothetical return and risk you could have based on the data gathered so far. A multiplier of value 1 means you're getting the same risk ratio as the provider.
Risk is the maximal drawdown of the subscribed systems - it ranges from 0% to 100%. When you adjust the multiplier of each system, you will notice the risk bar adjusting accordingly, showing you the total risk in real time.
Once the multiplier is set the system automatically will determine the size of trades on your account based on the chosen provider. The lower the multiplier value, the lower the risk, trade sizes and profit/loss. The higher the multiplier value, the higher the risk, trade sizes and profit/loss.
For more info: https://autotrade.astrosoption.org/support
Disclaimer: The AutoTrade system is owned and operated by Myfxbook Ltd (“Myfxbook”) and its use is subject to the Terms and Conditions specified on their website at https://autotrade.astrosoption.org/support#terms_of_service. Trading terms are same as on Pro account except 0.6 pip markup per side (1.2 pips in total). astrosoption Ltd. is not responsible and has no control over the signals generated through the use of AutoTrade and the resulting trades on astrosoption Ltd. accounts. Signals generated through the use of the AutoTrade system and the resulting trades are not the responsibility of astrosoption Ltd. and do not constitute general or personal advice.
How do I start
Copy Trading?
STEP 1
Open your astrosoption LIVE account.
If you’re an existing astrosoption client, please email your account number to our Support Team and request to be added to astrosoption’s Myfxbook AutoTrade group.
Create Account
STEP 2
Link your astrosoption MT4 account to Myfxbook.
Just visit the Myfxbook website and link your astrosoption trading account to Myfxbook AutoTrade. Then pick the automated Forex systems you like the best and copy them.
Connect to Myfxbook
Copy Trading Benefits
NO EXPERIENCE NEEDED
Take a ‘hands-off’ approach to trading if you’ve got time constraints or a lack of experience.
1
EASY TO USE
No copy trade software installation needed.
2
VIEW PROFITABLE TRADES
Only historically profitable systems are shown that have been hand-picked from real accounts.
3
CUSTOMISABLE FEATURES
You can add or remove a system at any time.
4
5
ACCURATE STATISTICS
Facts and figures help you make better system selections.
6
MANAGE YOUR RISK
Control your risk on a trade by trade basis by simply closing unwanted trades in your MT4.
7
ENHANCE YOUR KNOWLEDGE
Learn by watching the success of other’s trading systems.
8
PRACTICE YOUR SKILLS
Open a Demo account to practice before you open a live account.
1
NO EXPERIENCE NEEDED
Take a ‘hands-off’ approach to trading if you’ve got time constraints or a lack of experience.
2
EASY TO USE
No copy trade software installation needed.
3
VIEW PROFITABLE TRADES
Only historically profitable systems are shown that have been hand-picked from real accounts.
4
CUSTOMISABLE FEATURES
You can add or remove a system at any time.
5
ACCURATE STATISTICS
Facts and figures help you make better system selections.
6
MANAGE YOUR RISK
Control your risk on a trade by trade basis by simply closing unwanted trades in your MT4.
7
ENHANCE YOUR KNOWLEDGE
Learn by watching the success of other’s trading systems.
8
PRACTICE YOUR SKILLS
Open a Demo account to practice before you open a live account.
START TRADING with astrosoption
It's simple and fast to join!
Full Name
Country
Client Type
Email Address
REGISTER
REGISTER
Complete registration, Log in to your Client Area and upload the required documents.
Create Account
Account Type
Currency
Leverage
CREATE AN ACCOUNT
CREATE AN ACCOUNT
Once your documents are approved, create a Live Trading account.
Deposit 1
Select Account
Deposit 2
Select Deposit Method
MAKE A DEPOSIT
MAKE A DEPOSIT
Select a payment method, fund your trading account and start trading.