Social trading on MT4 refers to a functionality that allows traders to interact, share trading ideas, and copy the trading strategies of other traders within the broker's platform. It is a form of copy trading, where less experienced traders can automatically replicate the trades of more experienced and successful traders
MetaTrader 4, also known as MT4, is a popular electronic trading platform. MT4 has a simple to operate interface for placing trades, managing positions, and executing various sorts of orders, such as market orders, limit orders, and stop orders. The platform includes numerous technical analysis tools, such as charts, indicators, and graphical objects.
Copy ScalpX could potentially refer to a copy trading service or account type focused on scalping strategies. Scalping is a trading technique where traders aim to make multiple quick trades throughout the day, profiting from small price movements. In this context, "Copy ScalpX" might indicate a copy trading service tailored to copying scalping strategies.
Copy Pro might suggest a copy trading service or account type that is designed for more professional or experienced traders. It could offer additional features or higher minimum investment requirements compared to standard copy trading accounts.
Copy Micro could indicate a copy trading service or account type that allows traders to copy the strategies of other traders using micro-lots. Micro-lots are smaller trade sizes, typically representing a fraction of a standard lot, and are often used by traders with smaller account balances.
Copy Rookie could refer to a copy trading service or account type denominated in cents. It means that the account balance is measured in cents instead of the base currency. This type of account is commonly used for beginners or traders with limited capital, as it allows them to trade with smaller position sizes.
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