The New API Copy Trading System: Permanently Free for Individuals
The OKCOPY Smart Copy Trading System (referred to as OC) is a third-party tool software developed based on the MT4 trading platform. It uses API technology to seamlessly integrate with various brokers, enabling one-to-many copy trading (one copy trading account to multiple signal accounts), as well as many-to-one copy trading (multiple copy trading accounts to one signal account). It features a comprehensive risk control system, simple settings, fast copy trading speed, and flexible convenience, making it an indispensable multi-account management tool for traders, asset management companies, brokers, and investors!
The main features and functionalities of the OKCOPY Smart Copy Trading System include:
1. Custom Broker Name
Create memorable broker names according to personal preferences, with the option to modify and delete. As shown in the image:
2. Configure Broker Server Files
Each broker's server files are different, and a single broker might have multiple server files. Configure according to the server where your account is located, as shown in the image:
3. Three Copy Trading Strategies
1) Lot Size Ratio: Copy trading based on the signal provider's lot size ratio, ranging from a minimum of 0.01 to a maximum of 99.99.
2) Equity Ratio: Copy trading based on the signal provider's equity ratio, from a minimum of 0.01 to a maximum of 99.99.
3) Fixed Lot Size: Copy trading with a fixed lot size regardless of how many lots the signal provider opens, from a minimum of 0.01 lot to a maximum of 999.99 lots.
It is also possible to copy trade in a reverse direction. As shown in the image:
4. Limiting Copy Trading Account Lot Sizes
Copy trading lot sizes can be restricted based on the account's funding situation. Inputting 0 means no copy trading, a risk control measure that effectively reduces risk. As shown in the image:
5. One-Click Instrument Matching
When copy trading across platforms, the variety of instruments offered by different brokers -- standard, with prefixes, suffixes, or even completely different names -- can all be configured for clarity. You can also set certain instruments to not be copied. As shown in the image:
6. Contract Size Matching
When copy trading across platforms, the contract size for the same instrument may differ between brokers. It is possible to set multiples for copy trading for specific instruments. As shown in the image:
7. Order Types in Copy Trading
It is possible to only copy buy or sell orders for a certain instrument from the signal provider, by default both buy and sell orders are copied. This risk control measure can effectively reduce risks. As shown in the image:
8. Account Net Value Take Profit and Stop Loss
A copy trading account can follow one or more signals simultaneously. To safeguard the account's profits or capital risk, the entire account can be set with take profit and stop loss orders. Take profit means forcing a close of positions and stopping copy trading when the account's net value exceeds the set value. Stop loss means forcing a close of positions and stopping copy trading when the account's net value falls below the set value. Manual intervention can lift the risk control to restart copy trading. As shown in the image:
9. Prepayment Ratio
To avoid excessive positions in copy trading accounts, a prepayment ratio can limit copy trading. When the account's prepayment ratio falls below the set value, the account stops copy trading, entering a state of risk control where only closing orders are copied. Manual intervention can lift the risk control to restart copy trading. As shown in the image:
10. Manual Open Positions and Close Positions
In special situations, manual operations can be used to open or close positions for the copy trading account.
As shown in the image:
11. Custom Comments
Custom comments for copy trading are supported, currently limited to 6 bytes of content. As shown in the image:
12. Order Take Profit and Stop Loss
Synchronize the signal provider's order take profit and stop loss settings. It's important to note that, after setting take profit and stop loss, the copy trading account might close positions while the signal does not. Also, due to differing broker rules for take profit and stop loss settings, the copy trading account might not be able to follow them exactly. As shown in the image:
13. Multilingual
The OKCOPY Smart Copy Trading System aims to serve global users in the future, so it will be translated into different languages based on market demand.
The OKCOPY Smart Copy Trading System is currently in the trial testing stage, and the official version will be released soon. We welcome everyone to suggest improvements and provide feedback during the trial period.
The official download website for the OKCOPY Smart Copy Trading System: https://www.myokcopy.cn