Signal Currency

[David Swann]

Is it OK to follow a signal denominated in one currency using a broker account denominated in a different currency?

[Sergey Golubev]

Your question is more related to the mapping, for example:

Forum on trading, automated trading systems and testing trading strategies

Copying signal with different broker

Sergey Golubev, 2023.10.21 07:01

Read this part of FAQ -

The Provider has trading symbol called GOLD, and my broker has the same instrument, but it is called XAUUSD. Are trades on GOLD copied to XAUUSD in that case?

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Also, make sure that your broker allows this symbol to trade for traders with Forex margin calculation in specification, more in details:

mapping

• post  #7
• full explanation (thread): https://www.mql5.com/en/forum/442553
• explanation in details (incl lot size): https://www.mql5.com/en/forum/447444