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Automated Copy Trading with AdroFx Trading Signals - Learn how it works
AdroFX signals services provides everyghing you need and more. Learn how to maximize your gains with AdroFX.
An international company with a decade of experience in Financial Markets, AdroFX is a regulated broker that offers traders the opportunity to invest in a wide range of products (including forex, stock CFDs, index CFDs, crypto CFDs, and spot metal CFDs) with excellent investment conditions and technologically advanced tools. The broker’s main goal is to provide clients with a clear and reliable environment. This is made possible thanks to the proven experience of a team of experts always available and the high security standards in place to protect clients.
Moreover, AdroFX invests numerous resources to provide clients with everything needed to fully capitalize on market opportunities. A great learning section, interesting promotional initiatives, and reliable trading signals are just some of the features offered.
- Wide range of instruments
- The broker allows clients to trade a broad list of available products. Besides forex, AdroFX allows traders to invest in stock, index, crypto, and spot metal CFDs. It’s worth noting that CFD instruments allow trading only on price fluctuations without having to purchase the selected instrument.
- Promo Section
- To further enhance client operations and encourage them to excel, the broker regularly offers interesting promotional initiatives. Bonuses, discounts, and contests are exclusively designed to enhance any trading experience.
- Maximum privacy protection.
- Without the client’s consent, the broker will never share the client’s personal data. Moreover, high security standards ensure that no one can access sensitive information, except the account holder.
- Funds security.
- Traders’ funds are held in segregated accounts, separate from the company’s capital. The broker cannot access these accounts and use the traders’ funds for secondary purposes. Moreover, all transactions are protected by industry-leading security protocols.
- Educational Pathways
- An excellent section dedicated to learning and updating will enable both novice and experienced traders to acquire useful information and refine their trading style. Videos, guides, trading analyses, signals, and much more.
- Advantageous trading conditions.
- Minimum spreads, zero commissions, and maximum transparency.
- Signals and copy trading.
- By receiving signals crafted by professionals in the industry and interacting with traders worldwide on platforms dedicated to social and copy trading, each client can evolve their trading methods and maximize the benefits of every operation.
What are signals and copy trading?
In practice, trading signals can be described as “advice” suggesting to the trader when and how to make a purchase or sale on a specific financial instrument. They can be created by:
- Expert analysts who study the markets through accurate analysis.
- Cutting-edge algorithmic software designed to monitor market trends continuously.
- Social and copy trading. Platforms that offer traders the opportunity to interact and share information with other traders. Copy trading allows the client to replicate the operations carried out by experts in the field to enjoy the same benefits.
Signals
The main objective of signals (both algorithmic and otherwise) is to make the most of elaborate investment techniques and market fluctuations, to identify with extreme precision the exact moment to open or close a position. For example, having studied the trend of an instrument, a professional can signal when the price may fall or rise and consequently when it would be better to buy or sell.
Generally, signals can be received in real time through various channels including: email, SMS, platform notifications, or instant messaging apps like WhatsApp. Within the received message, the trader will find all the necessary information to invest in a specific asset, the price level to buy, the times to maintain the position open, and sometimes even activation of risk control solutions, such as stop loss. Moreover, the trader will have the option to execute the operation manually or through the use of automated software (EAs).
Extremely popular among novice traders, signals are a useful solution for those not yet able to perform accurate analyses or market research. Using signals, the beginner will only need to set the instructions received. All the “preparation” operations for the investment will be the responsibility of the signal provider.
How do signals work?
As already extensively described, signals are excellent tools that facilitate operations in the financial markets. With access to the service, traders can make the most of any investment opportunity, without having to engage in the creation of accurate strategies or careful analyses.
In summary, signals are processed and executed as follows:
- Creation.
- The signal is processed by professionals in the field or sophisticated algorithmic software that constantly analyze the markets and identify potential trading opportunities. The providers (companies that create the signals) use cutting-edge software for technical and fundamental analysis.
- Signal delivery.
- The trader will receive the signal in real time via email, SMS, notifications on their platform or app.
- Execute the signal.
- Having received the instructions, the trader can execute the signal manually or through the use of software that enables automated trading.
- Constant monitoring.
- Although created by professionals in the field, the trader must carefully follow the operation carried out, in order to optimize the results and minimize the risks of loss, carefully setting any risk management functions such as stop loss and take profit.
- Expand knowledge and refine techniques
- By analyzing the results obtained and the strategies created to achieve them, the trader will have the opportunity to perfect their style and trade efficiently on the markets.
Open AdroFX’s Welcome Bonus Account
Copy trading
A popular trading method widely used by traders, copy trading allows traders to replicate the operations performed by experts in the field and enjoy the same benefits. The trader will have the option to manage the operation manually or through a completely automatic process. Despite the operation being copied, the trader will always have full control and can decide to set additional risk management functions, close the operation, or increase its volume.
It works like this, with access to the dedicated platform, the trader can view the list of available professionals and choose the most suitable for their needs. Indeed, by clicking on the professional’s icon, the trader can learn the details such as: risk propensity, trading preferences, investment volume, return percentage, and much more.
Once the Master has been selected, the trader can decide which operation to copy. The signal will be automatically executed on the trader’s account (who can set the amount to invest and other details). Once the operation is executed, the trader only needs to wait for the results.
Usually, the service involves a cost in the form of a commission owed to the master. The commission varies depending on the master selected. However, the commission will be paid to the master only if the copied operation is successful.
In addition to being able to copy the operations of carefully selected experts, the trader will have the opportunity to access a platform dedicated to social trading. This platform allows traders to interact with each other and share information. An excellent solution to broaden one’s views and improve trading techniques.
Both social and copy trading are excellent options for traders:
- Beginners who intend to trade despite not yet being able to develop effective strategies.
- Traders who cannot dedicate themselves diligently to their operations due to factors such as work, commitments, studies, or others.
- Experts intent on diversifying their investment portfolio without having to spend time creating strategies or accurate analyses.
- Benefit from copied operations and interaction with other traders: expanding knowledge, earning profits, and refining their style.
AdroFX Trading Signals
The signals offered by the broker are meticulously crafted by experts with proven experience in the field, through careful analysis of asset fluctuations on pricing data. By carefully evaluating the evolution of scenarios and considering the main technical indicators, AdroFX aims to offer customers a unique trading experience with this formidable tool.
By offering traders access to signals, the broker’s main goal is to ensure maximum advantage with minimal drawdown.
A flexible as well as efficient service, which perfectly adapts to both the markets offered and the trading conditions. In fact, every operation will be carefully monitored, using tight stop losses and continuous monitoring.
To access the signals and copy trading services, the broker uses two of the most powerful and popular platforms in the world: MT4 and Allpips. Intuitive software rich in cutting-edge tools and features, usable by traders of any level.
- MT4: to access copy trading and signal services, MT4 offers MQL5 Algo Trading. A revolutionary platform that allows interaction with both professional and novice traders from around the world. Copy trading, robots for automated trading, strategy testers, algorithmic signals, and much more.
- Allpips: A platform that offers traders a flexible, multifunctional signal and copy trading service. In addition to having total control over operations, the trader can access a community composed of thousands of participants with whom to interact, copy operations of professionals in the field, and set every investment: manual, automatic, semi-automatic. Verified partners, safe and fast deposits and withdrawals, and maximum transparency.
MQL5
Available on both MT4 and MT5 platforms, MetaQuotes Language 5 (MQL5) is a revolutionary programming language that allows traders to create trading robots and technical indicators for highly professional trading performance. Based on the C++ language, MQL5 is undoubtedly one of the most efficient and widely used programming tools in the world.
In addition to being available on platforms that are easy to use and feature an extremely intuitive interface, suitable for any category of trader, MQL5 offers beginners and experts in the field the ability to use a wide range of tools to perform analysis of quotations, integrated technical indicators, and functions useful for excellent investment management.
Below, the main properties of MQL5 programs:
- Automated trading: expert advisors – trading robots
- A trading robot (also known as Expert Advisor) is an app created for the elaboration of detailed price analyses and the execution of operations on the markets. Through a completely automated process, EAs can perform operations based on constant monitoring and accurate analysis. Although the program can operate independently, the trader will always have full control and can set additional parameters for risk management, close or increase the volume of a position, etc.
- Automated trading championships.
- An appealing initiative that offers traders the opportunity to test the power and efficiency of trading robots. During the competitions, thousands of Expert Advisors must analyze the markets and carry out operations for a maximum period of three months. The apps that achieve the most success during the promotional period will win coveted prizes.
- MQL5 indicators on the MetaTrader 4 platform
- The platform allows traders to use free indicators and create new ones, perfectly compatible with their needs. The custom technical indicator is an excellent tool for carrying out accurate analyses of currencies, stocks, cryptos, and other asset classes. Unlike integrated technical indicators, custom indicators are entirely processed by the trader and can be used to execute any algorithm. It should be noted that indicators cannot access any trading-dedicated functions nor perform trading operations autonomously.
- MQL5 scripts on the MetaTrader 4 platform
- A program very popular among traders to react in time to sudden market fluctuations, the script performs specific actions within a certain period of time. Unlike indicators, scripts have free access to all functions and trading operations. Unlike robots for automated trading, scripts can perform a single transaction at a time.
- MQL5 libraries on the MetaTrader 4 platform
- A list that encompasses a wide range of customized functions, the MQL5 library stores and offers traders worldwide the opportunity to benefit from customized programs.
- Trading signal MetaTrader 4
- A service that allows traders to automatically copy operations performed by experts in the field to enjoy the same benefits.
In summary, custom apps created through the use of the MQL5 language allow the trader to express their maximum capabilities on the MT4 platform. Thanks to customizable trading robots and technical indicators, scripts, and much more, every trader, whether novice or expert, can maximize the benefits of any operation, maximizing profits and managing risks effectively.
Trading Signals
Trading Signals is a service that allows clients to copy in real-time the operations of professional traders to enjoy the same benefits. Trading Signals offers a flexible environment, both in terms of costs and specific trading needs. The service offers traders a wide list of professionals with proven experience in the field, who offer traders the opportunity to copy their operations either for free or through the payment of a small commission. When the trader subscribes to the signals, the operations carried out by the expert will be automatically executed on their account.
In summary, it works like this: the trader accesses the service and views the list of available professionals. Based on their needs, the trader selects the signal to subscribe to. To allow the client to choose accurately, by clicking on the professional it will be possible to learn their characteristics in detail (risk propensity, trading volume, possible commission, etc). The showcase includes both free and paid signals. Moreover, to progressively improve the service offered, all professionals who have not achieved considerable results in the previous months will be removed from the list and replaced with more performant ones.
MT4 Overview
Undoubtedly one of the most popular and widely used platforms in the world, MT4 has revolutionized the world of online trading. The platform features a very intuitive and easy-to-use interface, suitable for both novice and experienced traders. The environment offered is rich in cutting-edge tools and features for high-level trading. The main characteristic of the platform is its total customization, which allows the trader to adapt it to their trading methods, modifying parameters, functions, tools, and much more.
Characteristics | MT4 |
---|---|
Types of execution orders | 3 |
Pending orders available | 4 |
Symbols included | 1024 |
Technical indicators | 30 |
Programming language | MQL4 – MQL5 |
Times available on the chart | 9 |
Analytical objects included | 31 |
Strategy tester | Single-thread |
Trading signals and copy trading | Available |
Reports | Tables Only |
Economic calendar | Not integrated |
Allpips Copy Trading
As previously mentioned, the Allpips platform offers traders an excellent service for analysis and copy trading signals. In particular, copy trading, in addition to including numerous cutting-edge tools, is based on two fundamental concepts: flexibility and convenience. Indeed, the service is accessible with only $100 and allows the trader to operate as they see fit, using automatic, semi-automatic, or manual tools. The range of available professionals is impressive, and the trader can decide which one to follow to copy their operations. When choosing a professional, the trader will be required to pay a commission to copy their signals. Commissions vary depending on the Master selected and will only be incurred when the copied operations are successful.
- Manual Copy.
- Considered by many as Social Trading, manual copy is carried out exclusively by the trader, without the presence of any automated software. The trader must select and subsequently follow the professional to copy. Moreover, by interacting with the Master, the client can draw on useful information to improve their level.
- Automatic Copy.
- A complete package offered by the broker that allows traders access to numerous strategies, fully compatible with the client’s needs, risk propensity, and objectives. When a master is selected, any operation or transaction will be executed automatically.
- Semi-automatic Copy.
- Also considered a “more flexible automatic service,” it allows the trader to always have full control, despite the automatic execution of operations. Clients will be able to view all positions in the “Selected Trader” section and decide entirely autonomously which operation to execute automatically and which manually.
How to access Allpips Copy Trading
To start copying the signals of experts, simply follow the next steps:
- First step
- Access the AdroFX invest platform and select the professional to copy. The follower will be able to verify the characteristics of the selected Master (popularity, risk propensity, success rate, etc.) and decide whether to choose them or not. Once the professional is selected, make a minimum deposit of $100.
- Second step.
- Decide cautiously how much to invest in the copied signal.
- Third step.
- If the results obtained with the copied professional turn out to be optimal, the trader may decide to add more funds to increase the chances of gain and diversify the portfolio as best as possible.
Open AdroFX’s Welcome Bonus Account
AdroFX Accounts
It’s important to specify that to access the copy trading service offered by the broker, each trader must hold a rigorously verified account.
AdroFX is an STP-ECN BROKER that offers traders a wide range of accounts with instantaneous execution, market interaction without any intermediaries, favorable conditions, and cutting-edge tools.
The list of accounts offered has been structured to allow traders of any level to find the right solution for their needs.
The broker offers traders 8 accounts divided into two subcategories that mainly differ based on the platform used: MT4 accounts and Allpips accounts.
List of Allpips Accounts
- FIAT Account.
- An account that offers the client a standard approach to trading, the FIAT account features characteristics compatible with the majority of traders. Both novice and professional traders can trade to the best of their abilities with spreads starting from 0.4 pips, zero commissions, and a minimum deposit of $100
- Crypto Account.
- Designed exclusively for traders who prefer investments in crypto, the account offers everything needed to best navigate the highly volatile cryptocurrency markets. Zero commissions, account currency in BTC – ETH, and a maximum leverage of 1:500.
- Cent Pro Account.
- An account with contained expenses and limited risks, the Cent Pro account is ideal for novice traders who intend to start investing without risking too much capital. Like novices, experts in the field can also opt for this type of account to test their strategies before opening an account more suited to their trading methods.
Characteristics | FIAT Account | Crypto Account | Cent Pro Account |
---|---|---|---|
First deposit | 100 USD – EUR – GCB | $100 in BTC – ETH | 25 U.S. dollars |
Execution | Market | Market | Market |
Available instruments | Forex, stocks, metals, crypto | Forex, stocks, metals, crypto | Forex, metals |
Minimum trading volume | 0.01 lots | 0.01 lots | 0.0001 lots |
Spread | Variable starting from 0.4 pip | Variable starting from 0.4 pip | Variable starting from 0.4 pip |
Max leverage | 1:500 | 1:500 | 1:500 |
Stop Out | 5% | 5% | 20% |
Commissions | Zero | Zero | Zero |
Margin call | 10% | 10% | 55% |
VPS on request | Not available | Not available | Not available |
Trading platforms | Allpips | Allpips | Allpips |
Copy trading | Yes | Yes | Yes |
Personal manager | Available | Available | Available |
Educational material | Yes | Yes | Yes |
Negative balance protection | Active | Active | Active |
Allowed strategies | All | All | All |
Automated trading | Not available | Not available | Not available |
Islamic account option (zero swap) | Available | Available | Available |
In the event a trader wishes to test the offered environment without losing funds, they may opt to open a demo version of the selected account and trade at zero risk with virtual funds.
Open a real Allpips AdroFX account
MT4 Accounts
- Standard Account.
- An account type created to meet the trading needs of any type of trader, the Standard account offers a classic approach to trading with favorable conditions for the development of effective strategies, for both beginners and professionals.
- Premium Account.
- Created to allow traders excellent market interaction, the premium account offers conditions mainly suited for professional trading. Experts in the field will have access to exclusive conditions and tools that will enable the creation of meticulously crafted strategies.
- Pro Account.
- Designed for high-volume investors who need specific conditions and tools to implement strategies with accurate risk management, the Pro account allows highly experienced professionals to structure strategies with well-balanced costs, despite a high risk propensity.
- MicroPro Account.
- An innovative account type that combines the features of micro accounts (with contained expenses and limited risks) and Pro accounts (with exclusive trading conditions), to offer traders access to a typically professional environment that allows trading small amounts with contained risk of loss. Suitable for both professional traders and beginners intending to test their strategies and trading robots in optimal market conditions without investing too much capital.
- Micro Account
- An account type that offers an environment with low risk and contained costs, the Micro account is a good springboard for novice traders who want to enter the markets without committing excessive funds. Despite being selected mainly by novice traders, the Micro account is also a valid alternative for professionals intending to test the offered environment before opting for accounts more suited to their needs.
Characteristics | Standard Account | Premium Account | Pro Account | MicroPro Account | Micro Account |
---|---|---|---|---|---|
First deposit | 100 USD – EUR – GCB | $2000 USD – EUR – GCB | $10000 USD – EUR – GCB | $100 U.S. dollars | $25 U.S. dollars |
Execution | Market | Market | Market | Market | Market |
Available instruments | Forex, stocks, indices, metals, crypto | Forex, stocks, indices, metals, crypto | Forex, stocks, indices, metals, crypto | Forex, metals | Forex, metals |
Minimum trading volume | 0.01 lots | 0.01 lots | >0.01 lots | 0.0001 lots | 0.0001 lots |
Spread | Variable starting from 1.2 pips | Variable starting from 0.4 pip | Variable starting from 0.4 pip | Variable starting from 0.8 pip | Variable starting from 1.4 pip |
Max leverage | 1:500 | 1:500 | 1:500 | 1:500 | 1:500 |
Stop Out | 5% | 5% | 5% | 20% | 20% |
Commissions | Zero | Zero | Zero | Zero | Zero |
Margin call | 10% | 10% | 10% | 55% | 55% |
VPS on request | Available | Available | Available | Available | Available |
Trading platforms | Meta Trader 4 | Meta Trader 4 | Meta Trader 4 | Meta Trader 4 | Meta Trader 4 |
Copy trading | With access to MQL5 | With access to MQL5 | With access to MQL5 | With access to MQL5 | With access to MQL5 |
Personal manager | Available | Available | Available | Available | Available |
Educational material | Yes | Yes | Yes | Yes | Yes |
Negative balance protection | Active | Active | Active | Active | Active |
Allowed strategies | All | All | All | All | All |
Automated trading | Available | Available | Available | Available | Available |
Islamic account option (zero swap) | Available | Available | Available | Available | Available |
Just like the Allpips accounts, the MT4 accounts allow traders to test the selected account by opting for a demo version, which will enable trading on the markets with virtual funds, without any risk of loss and at zero cost.
How to open an AdroFx account
The procedure that allows traders to open a new account with the broker is both easy and secure. The new client can quickly sign up by providing all the required information, filling out the forms in a simple guided registration. In addition to having to provide personal information (such as name, surname, country of residence, etc.), the trader must verify the data provided to prove their identity.
To register and open a new account, simply follow these very simple steps:
- First Step
- To start, the interested trader will need to access the official website and click on the “start trading” icon visible at the top right of the screen. In the new page, fill out the first form by entering: name, surname, country of residence, email, phone number, and a secure password for the account. Read and accept the terms and conditions of use. Click on “Register Now”. The broker will send a verification link to the email entered during registration, click on the link to move to the next step. Now the trader will receive a code on their smartphone, enter the code sent via SMS, and click on “submit”.
- Second Step
- To continue the registration, in this step the trader must undergo a verification to prove their identity. To proceed, they must send a clear front and back photo of an identification document (ID card, passport, driver’s license) and a photo of a recent utility bill (internet, electricity, gas, etc.). Once suitable, the trader can proceed to the final stages of the registration.
- Third Step
- Now the trader can select the account most suited to their needs and set its parameters. To enhance their experience, the broker will ask the client to answer a simple questionnaire that will allow evaluating their level of experience and trading objectives. Once the account is opened, it will be possible to make an initial deposit and start trading.