Copy Trading

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.tickmill.com/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.tickmill.com/support#terms_of_service. Trading terms are same as on Pro account except 0.6 pip markup per side (1.2 pips in total). Tickmill Ltd. is not responsible and has no control over the signals generated through the use of AutoTrade and the resulting trades on Tickmill Ltd. accounts. Signals generated through the use of the AutoTrade system and the resulting trades are not the responsibility of Tickmill Ltd. and do not constitute general or personal advice.