Description

FRZ Copy Trader EA – Automated Copy Trading Robot

With our trade copier, you can copy trades to your account automatically 24/7. Once purchased, you will get a Signal Receiver EA which you need to load to any single chart on your MT4/MT5. Then all our trades will be traded on your MT4/MT5 on a real-time basis. You need to set up the signal receiver on your MT4/MT5 once (preferably on a VPS) and thereafter everything will be automatic.

NB: A single-quantity purchase will get you any of the two copiers as per your choice. If you need both please select qty as 2.

Live Account Track Record

Gold Signal Live Account Track Record

Disclaimer: The past performance of any trading system is not necessarily indicative of future results. Please ensure that you fully understand the risks involved and seek independent advice if necessary before you make any purchase or use of any products.

After the purchase, please submit your account details here for activation.

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How to set up your MT4/MT5 for Copy Trading

NB: Please do not specify a pair to trade; so that all the trades will be copied to your account. Although we trade on all the pairs, we do not trade all pairs at the same time. We always avoid concurrent trades on related pairs. Therefore, it is recommended not to select any specific pairs for trades. (Just follow the videos and set up exactly as it shows).

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Frequently Asked Questions

Is this a recurring payment or subscription?

No. This is only one-time payment. You will get lifetime access to our copy trading. No of accounts that you can use at the same time depends on the no of licenses you purchase. Even if you purchase a single license, you can always change the account number to a new one free.

Is there a guarantee of returns?

Obviously no. Our software and copy service is provided “as is”, without any warranty or condition of any kind, express, implied, or statutory. You are advised to set an equity-based stop loss as per your preference. Trading carries a high level of risk to your capital and you should only trade with money you can afford to lose. The past performance of any trading system is not necessarily indicative of future results.

Is your trading manual or using an EA?

It is based on automated trading. The signals are primarily based on modified versions our FRZ Gold Scalper and FRZ NoNonsense Forex EA.

Do you use a stop loss?

No, we do not use any practical hard-stop loss. If you see any hard stop loss, it would be a large stop loss, which we would never expect to hit. Hard stop loss you may see is just for the sake of a stop loss as a formality (We use DCA to manage trades). You can only set an account-wide equity stop loss in the receiver EA that we provide. i.e. If you set your maximum allowed equity drawdown as 25%, then if the drawdown reaches that level, all the trades will be closed and copy trading will stop. We recommended using at least 25% equity-based drawdown stop loss.

What lot size should I use?

By default, the lot size is automatically decided based on your account balance. For instance, if we enter 1 lot trade on our $10,000 account and your account balance is $1000, then your lot size will be 0.1 lots. However, you can increase the lot size by increasing the scale factor, which is 1 by default on the copier interface. For instance, if you increase the scale factor to 1.5, your lot size would become 0.15 as in the previous example. However, please note increasing lot size will in turn increase the risk.

Can I use this service for trading with prop firms?

This is not specifically designed for prop firm trading. You may use it for prop trading if it complies with your prop firm rules. Please note there can be others who are using this service on your prop firm. Most prop firms do not allow copy trading; therefore you may violate your prop firm rules in that case. However, if you are a prop trader, we can recommend our prop trading products.

What are your strategies?

These are scalping strategies based on price action patterns. 

How much deposit do I need to start with?

The minimum deposit is USD 500 ($1000 is better). 

What is the recommended leverage?

1:200 is the minimum recommended leverage. 

Are cent accounts okay to use?

Yes. Cent accounts are fine.

How do you provide copy trades?

After the purchase, we will send you a signal receiver EA (MT4/MT5) which you need to load it to any single chart on your MT4/MT5. Then all our signals will be traded on your MT4/MT5 on a real-time basis (you get the trades automatically on your MT4/MT5). The receiver has several customizable settings to customize the trading such as:

• Having an equity-based stop loss
• Deciding lot size based on our scaling
• Maximum slippage allowed
• Maximum delay allowed

How many trades would you provide a week?

The number of trades will depend on market conditions and the no of pairs you use. Please use the given fxblue links to see past statistics.

Do you use martingale, grids, averaging, hedging, or tick scalping?

We use DCA averaging; we do not use martingale, hedging, grids, or tick scalping.

During what time do you provide trading?

It can be any time during weekdays.

Which platform do you support?

We currently support MT4 and MT5 only.

Which timeframe & pairs do you use?

We use short time frames such as 1 to 15-minute timeframes.