Copy trading is still a new thing in China. And it mainly exists in Forex trading. In recent years, as the domestic foreign exchange market has become more and more open, many former investors or futures players have slowly begun to try foreign exchange leverage trading.

As for copy trading, the current mainstream domestic market can be roughly divided into three categories

A: ea plug-in copying, this method requires the copying user’s MT4 client Install an EA plug-in on the terminal (PC only), receive trading signals through the plug-in, and perform position opening and closing transactions. The advantage is that the development cost is low, the operation model of the copying platform is simple, and it is not restricted by the trading platform. The disadvantage is that the copying user needs to keep the MT4 software logged in 24 hours a day, and the computer cannot be disconnected from the Internet. After all, if the network is disconnected, it will not be able to receive signals. Of course, you can also put your own client on a VPS server (theoretically equivalent to renting a computer). The mainstream domestic EA follow-up platforms include (Warring States Policy, Cloud Signal, etc.)

B: This method is simpler to follow orders within the platform. Generally speaking, such copying platforms are built by the brokers themselves, and followers must register as users on their own platforms. The advantage is that followers are easy to use and operate. The cost is low, but the disadvantage is that there are platform restrictions, and orders can only be followed within a single platform. The richness of signal sources is limited, and there is even a risk of being manipulated by brokers. Representative examples include (EToro. Zulu. Follwe me), etc.

C: Cross-platform follow-up. This method is more complicated. It is understood that it requires opening up the back-end permissions of each brokerage. Then run it directly on the cloud server. The advantage is that the user's operation is simpler and more flexible, and he can freely choose various methods and various types of signal sources for configuration. It sounds more like a combination of A and B. The disadvantage is that it requires a copying platform to open up the back-end permissions between different brokers. The operating cost will be higher than the first two.