Copy Trading FTMO

General Information

• Broker: Key Partners
• Account Type: Standard
• Currency: EUR
• Leverage: 1:30
• Standard Balance: 10K
• Platform: MT5
• System Type: Technical
• Trading Type: Automated
• Trading Style: Scalping
• Assets Used: Currency Pairs and Metals
• Statistics: Trading Performance
• Withdrawals: Once a week
• Validity: 1 Month
• Renewal: Automatic
• Potential: Extra Income

Check out my FAQ for answers to common questions about this product.

Copy Trading FTMO: A Simplified Guide

Copy Trading FTMO is a product designed for individuals seeking to enter the Forex Trading world with a larger trading account and minimal risk. It's also suitable for those pursuing a Prop Firm challenge or verification or experienced traders adhering to strict Prop Firm limits. This account has a maximum DD (daily drawdown) limit of 4.9% and a total account DD limit of 9.9%. It also features automated safety mechanisms, including automatic order closure and new order suspension in emergencies.

Adherence to Prop Firm Rules

The account follows the rules of the largest, oldest, and most reputable Prop Firm, FTMO, which I've been using since 2020. It adheres to swing trading rules, typically characterized by lower leverage (like 1:30) and allowing order placement during major news events and around-the-clock order management (24/7). I prefer this account type because it aligns with my personal trading approach, offering lower risk while maintaining flexibility.

Prop Firm Compatibility

Most Prop Firms prohibit the use of MQL5. While some might allow it initially, they can block it later, preventing copy trading via MQL5. Additionally, Prop Firms monitor IP addresses. If your orders originate from the same IP as another trader, you could lose your challenge, verification, or account.

Check out my FAQ for answers to common questions about Prop Firm Compatibility.

Remember, there's no time limit to pass a challenge or verification. The key is to respect the limits and progress gradually. My product adheres to Prop Firm rules and can be used in challenges or verifications, but there's no guaranteed timeframe for achieving the 10% target. In normal months, it might take a month, but understand that this product isn't compatible with rushing. There's no promise or commitment on my part to make you pass any challenge or verification.

Benefits

• Access to experienced trader expertise: Benefit from the expertise of a professional trader, prop firm trader.
• Simplified risk management: Let the experienced trader handle risk management, mainly adapted to prop firm rules
• Potential for extra income: Earn extra income without delving into complex trading strategies.
• Customization options: Configure the copying tool to suit your risk profile and goals.

Purchase Options

• MQL5 Purchase:
  
  • Price: $60/month. Monthly Payment Subscription. Cancel Anytime.
  • Management: Automated, automatic order synchronization.
  • Duration: 30 days from purchase.
  • Platform: Works only with MT5.

Considerations

• Risks: Copy Trading does not guarantee profits and involves risks of losses, and including loss of challenges, verifications and a prop trading account.
• Responsibility: You are responsible for the copying tool settings and potential losses.
• Learning: Use Copy Trading as a stepping stone to learn about trading and manage your account independently in the future. In this specific case, mainly money and risk management.

Conclusion

Copy Trading FTMO caters to individuals seeking a simplified entry into Forex with a larger account and risk management features tailored for Prop Firm challenges or experienced traders adhering to strict Prop Firm rules.

While it offers the benefits of experienced trader guidance, risk management strategies, and potential for extra income, it's important to remember that success isn't guaranteed. This product emphasizes responsible trading practices and encourages continuous learning to build your independent trading skills.

Check out my FAQ for answers to common questions about this product.