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Official Releases |
21.09.2010 build 1.1.0.16 - multi-masters version is available
20.09.2010 build 1.1.0.14 - fixed problem with Collective FX server
6.04.2010 build 1.1.0.12 - -we've added ability to copy orders, which was opened on the master terminal before running PowerTradeCopier |
Most recent reviews |
"The trade copier works perfectly. It copies trades to all MT4 Brokers without any delay. There are money-management options to every slave account. So one slave account can be traded with a fixed lot size, another slave account can be traded with a percentage risk, there are a bunch of money-management options.... To me as a signal provider; I don`t have to send my EA to my costumers, but send the trades directly to the broker server of the costumer. The trading-platform of the costumer doesn't have to be online. It is very comfortable to me and to my costumers. The administration of the copier tool is so easy, you don`t have to go through a huge manual. The Support of BJF Trading Group is outstanding; they even logged in into my VPS to set up the copier tool to me. " Urs M., Switzerland
"We purchased the internet based copytool software, Boris and crew have been great at figuring out all the issues and problems with running an fast EA with the tool. I can highly recommend IticSoftware and thier tools." Andy Stapleton, USA EAFXTRader
"I just want to say PowerTrade Copier multiterminal is AMAZING. I haven't had a copier program that could sync ALL of my accounts without a hitch. You guys have something great here." Scot A, Missoula, MT
"This is EXACTLY what each forex signal provider should actually be offering. I'm floored by the functionality and ability. I'm just ... I'm seriously speechless here." Tim S, Toronto, ON |
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Differences Between Modes
Copier Mode
Copier mode was designed for traders working with multiple accounts simultaneously, money managers, etc. If you know the passwords to the slave accounts, this type is suitable for you. For Copier mode you can and should add all information about slave accounts, included: account number, trader password, copying parameters (lot scaling, symbol's type, filters) on your side. Program have only one part and should be installed only on master side.
Provider Mode
Provider mode was designed for Forex signals sellers. Also this mode well suited for money management, if your customers do not want to provide you with trader password. Program is consist from two parts. First part should be installed on your side (master part) and you should enter account numbers only for all slave accounts. You can add, delete, block unblock any slave account any time. Second part (slave part) should be installed on remote (your customer's) computer and your customer should enter password and copying parameters.
In Provider Mode Software Works in Two Modes: Master Mode and Slave Mode.
You should start master mode on your side to add master and slave accounts and specify copying settings for these accounts if necessary. Software is working in master mode only on one computer on which it was originally installed and started (it is mapped to the hardware of this computer).
Then your clients should start software in the slave mode. In fact they start the same software but when it starts up from different computer from yours it automatically works in slave mode (when they start software on their computer, software defines that this is another computer from the one where master part should work and thus software works in the slave mode)..
In this slave mode user (your client) can specify password for his slave account(s) and accept trading signals.
Once you have all master and slave accounts specified you should group slave accounts by assigning the client passwords to these accounts (this can be done by means of "Set passw for client" button in "Slaves" tab). Several slave accounts with the same client password make a set of accounts of a single client. You should tell this password to your client and then client should enter this password in his instance of software in "Setting" window by means of "Set password" button. Then your client will see on his side only this set of slave accounts and work with them only. If no client passwords were specified for some slave accounts these accounts would be displayed on the slave part which was started without client password entered in the "Setting" window.
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Note. Once trading password for slave account was specified on the side of your client both master and slave part of software can connect to this account and transfer trading signals to this slave account. So it is possible that your client is already working with his instance of software when you start up your (master) part and in this case both parts of software are connected to the slave account(s). That is why it is necessary to have only one instance of software working with each account to avoid collisions and orders duplications. Software informs you about double connections to single account during startup and allows to block this account to disallow sending trading signals to this account from this instance of PowerTradeCopier.