This is a brief article sharing some insight about MetaTrader Account Copy System for your live trading and signal copy, etc.
The thing you should know is that MetaTrader 4 has only one account mode ( i.e. hedge mode) where as MetaTrader 5 has two account modes (i.e. hedge mode and netting mode).
This difference between MetaTrader 4 and MetaTrader 5 create some confusion among traders when they want to copy their trading from MetaTrader 4 to MetaTrader 5 or vice versa.
If you want to copy your live trading or signals from MetaTrader 4 to MetaTrader 5 or from MetaTrader 5 to MetaTrader 4, then it is best to use MetaTrader 5 Hedge account to avoid the confusion. MetaTrader 5 account mode can be found out from the top of the title bar in your MetaTrader as shown in the screenshot.
To assist your account copying with MetaTrader, we provide few account copiers.
Firstly, we provide “Account Copier MT4 to MT5 Hedge”.
As the name indicates that this product helps you to copy your trading from MetaTrader 4 to MetaTrader 5 hedge mode. With this product, you will be given one Sender for MetaTrader 4 and one receiver for MetaTrader 5.
Secondly, we provide “Account Copier MT5 Hedge to MT4”.
As the name indicates that this product helps you to copy your trading from MetaTrader 5 hedge mode to MetaTrader 4. With this product, you will be given one Sender for MetaTrader 5 hedge mode and one receiver for MetaTrader 4.
Good news is that when you can mix and match sender and receivers according to your need. For example, if you buy “Account Copier MT4 to MT5 Hedge” and “Account Copier MT5 Hedge to MT4”.
You can connect the sender for MetaTrader 4 to the receiver for MetaTrader 4 as well as connecting the sender for MetaTrader 5 to the receiver for MetaTrader 5 hedge mode. Hence, you can create four different possible connections when you buy these two products.
1. MetaTrader 4 to MetaTrader 4 connection
2. MetaTrader 4 to MetaTrader 5 connection
3. MetaTrader 5 to MetaTrader 5 connection
4. MetaTrader 5 to MetaTrader 4 connection
For your information, here is the link to our MetaTrader 4/MetaTrader 5 products.