KopirMT4 Copy trades for MT4 is an expert advisor that can be found on the MQL5 marketplace, there are a number of similar names expert advisors so we have provided a link below so you know exactly which expert advisor we are referring to. The expert advisor was first realized on the 23rd of September 2014, it has been updated a number of times, the most recent update was on the 15th of March 2020 and is now at version 5.25.
The KopirMT4 Copy Trades is an expert advisor created to be used with the MetaTrader 4 trading platform, it is designed to copy trades from MT4 to MT4, MT4 to MT5 Hedge and from MT5 Hedge to MT4. In order for it to function properly, you will need to have two copies, one as a sender and one as a receiver.
There is a long list of features for this expert advisor, some of them are below:
-The copier has a high speed and is not dependent on ticks. Copy speed – less than 0.5 sec.
-Transactions are copied with high accuracy, the scalper mode allows you to copy only at the best price.
-Able to increase transaction volumes from Signals
-It does not lose position when a connection is lost or the terminal is restarted.
-It does not load the processor and does not have a large load on the PC or VPS.
-The number of terminals (server \ client) is not limited.
-It does not use a DLL and does not transmit data to the Internet.
-It can work with other advisers (experts) and scripts.
-It works correctly with a partial closure, without losing the spread at reopening.
-Able to copy server trades when they are in plus or in the specified minus.
-It works correctly with cross rates, metals, CFDs, stocks, and futures, as well as instruments with prefixes (automatic detection of prefixes).
-Recognizes differences in the name of metals and supports copying on them (XAUUSD <-> GOLD, XAGUSD <-> SILVER and others,).
There are also a few other options such as the mode (sender or receiver), list of server accounts, and lot size multipliers.
The expert advisor can not be purchased outright, instead, it needs to be rented, there are three different time frames available. You can rent it for one month which will cost you $10, you can rent it for six months for $17, and you can rent it for a one year period for $30. There is also a free version available, however, this will have some limitations as it is only able to copy one position for each currency pairing.
There are 87 different reviews available for this expert advisor, the overall rating is currently 4.5 out of 5 stars which his a very good score to have.
“It’s the easiest to use and full functions copy trade EA that I have ever bought and used.” – A 5-star review.
“As a private trader and manager of customer’s account, I rely heavily on this EA. Before using it, I had to manually enter the same trade several times (in several accounts). Now, I only configure the proper risk to each account and voalá!. Highly recommended.” – A 5-star review.
“This open random forex pair for random lot anytime. I loss 2000usd for 5min. Shit” – A 1-star review.
So as we can see, most people are very happy with it, but there are a few negative reviews around, we would highly recommend trying out the free version, just to make sure that is functioning correctly for you before renting it.
This Forex service is currently available at the following web address: https://www.mql5.com/en/market/product/4319