(How) Can Signal Trades be copied?
Heinrich Munz:
When subscribing to a signal, how does MT4/5 prevent that the user does a simple copy trading to other own or friends/customers accounts?
Nobody can make sure of that.
Heinrich Munz: When subscribing to a signal, how does MT4/5 prevent that the user does a simple copy trading to other own or friends/customers accounts?
How did the old video shops prevent that after renting a film you don't lend it to your neighbour/friends/family? It is simply impossible, isn't it? The same applies to this.
Heinrich Munz #:
I'm not talking about making copies, I'm talking about a physical loan of a VHS, DVD, etc.
About your question.
- Are there mechanisms today that "try" to avoid being copied? Yes.
- Are they effective? No.
- Is someone going to act as a policeman to look after my interests? No.
There are always (even in cTraders) ways to copy, maybe not in real time, but thanks to reverse engineering everything is possible. So no one is safe from being copied, no matter if it's a signal, an EA, etc.
it is not ethical and permitted to do.
But there isnt a way to prevent someone from doing such thing.
But there isnt a way to prevent someone from doing such thing.
When subscribing to a signal, how does MT4/5 prevent that the user does a simple copy trading to other own or friends/customers accounts?