Managing multiple trading accounts manually is time-consuming and prone to errors. A multi-account trade copier automates the process, ensuring consistent execution across all your accounts.
Why Use a Multi-Account Trade Copier?
1. Prop Firm Traders
Many traders manage multiple funded accounts from different prop firms:
- FTMO, MyForexFunds, Funded Next accounts
- Different challenge phases simultaneously
- Scale profits across multiple payouts
2. Signal Providers
Distribute your trades to subscriber accounts:
- Manage hundreds of follower accounts
- Ensure consistent execution for all subscribers
- Build a signal selling business
3. Personal Portfolio Management
Diversify across multiple brokers:
- Spread risk across different brokers
- Take advantage of different leverage offerings
- Test strategies on different account types
Key Features for Multi-Account Copying
Scalable Lot Sizing
Different accounts have different balances. A good copier adjusts lot sizes automatically:
- Fixed lot: Same lot size for all accounts
- Multiplier: Apply a factor to master lot size
- Percentage risk: Risk X% of each account's balance
- Balance ratio: Proportional to account balance vs master
Individual Account Settings
Customize settings per receiver account:
- Different risk levels
- Symbol filtering (some accounts trade only forex)
- Reverse mode (open opposite trades)
Execution Monitoring
Track performance across all accounts:
- Real-time trade status dashboard
- Execution latency per account
- Failed trade notifications
- P&L tracking per account
Setting Up Multi-Account Copying
Step 1: Connect Your Master Account
Link your main trading account that will be the source of trades.
Step 2: Add Receiver Accounts
Connect all accounts that should receive copies. Social Trade Hub supports unlimited receiver accounts.
Step 3: Configure Risk Settings
Set lot sizing mode and risk parameters for each receiver:
- Conservative accounts: 0.5x multiplier
- Standard accounts: 1x multiplier
- Aggressive accounts: 2x multiplier
Step 4: Set Filters (Optional)
Limit which trades get copied:
- Symbol whitelist/blacklist
- Comment filtering
Step 5: Activate and Monitor
Enable copying and monitor execution through the dashboard.
Cross-Platform Multi-Account Copying
Social Trade Hub enables copying between different platforms:
| Master Account | Receiver Accounts |
|---|---|
| MT4 | MT4, MT5, cTrader, TradeLocker |
| MT5 | MT4, MT5, cTrader, TradeLocker |
| cTrader | MT4, MT5, cTrader, TradeLocker |
| Binance | Bybit, Kraken, MT5 (crypto symbols) |
Best Practices
- Start with demo accounts: Test your setup before going live
- Monitor latency: Ensure all accounts execute within acceptable time
- Use percentage-based sizing: Adapts automatically to balance changes
- Set up alerts: Get notified of any execution failures
- Regular audits: Compare P&L across accounts weekly
Pricing
Social Trade Hub Trade Copier is priced per receiver account with volume discounts available. Check our pricing page for current rates and plans.
Conclusion
A multi-account trade copier is essential for serious traders managing multiple funded accounts or running a signal service. Look for scalable lot sizing, cross-platform support, and reliable execution monitoring.
