How To Copy PMTW Trades Using CopyFX
From the desk of Edward Lomax,
RE: Copying my trades automatically using CopyFX
PMTW Trade Copy is an excellent passive income option for people who want to earn from the financial markets, but don’t have the time or trading knowledge to place and manage trades on their own.
Simply hook your account up to mine with the power of technology… and everything I do in my account is copied by your account on autopilot. This is a true set-and-forget, passive income solution for investors looking for higher than average potential profits.
PMTW Trade Copy using CopyFX allows you to copy all the trading activity in my Forex signals accounts on autopilot directly through the RoboForex broker.
Let’s go over everything you need to know…
PMTW Accounts Available For Copying
All the Forex signals available for manual trading inside PMTW Full Access Pass are also available for PMTW Trade Copy. There are two types of signals available…
FSBO Partial Profits Signals
Each account trades one currency pair using a Partial Profits trade management strategy. You can pick which account you want to follow, or set up separate accounts for each to create multiple income streams.
FSBO Single Target Signals
All currency pairs are trades on the same account as a portfolio using a Single Target trade management strategy. You can choose this option to get all the trades on one account, or add another income stream by setting up a separate account.
PMTW Trade Copy Costs
(No Up-Front Subscription Fees)
There are no up-front subscription fees charged for copying my trades. You don’t even need to be a subscriber to PMTW Full Access Pass. I only get compensated if I make you money.
Here is how I suggest you look at it…
Each of your trade copy accounts should be looked at as an independent Forex business. The only cost to get your Forex business up and running is your initial investment. After you set the account up to copy my trades… there is nothing more for you to do.
I take care of all the trading decisions:
- When to place a BUY or SELL trade
- Where to place the initial stop loss and take profit targets
- When to move the stop loss to Breakeven +2 Pips
- When to take partial profits (if following a Partial Profits account)
- When to move the stop loss to lock in profits. If and when to manually close the trade
- If all my trading activities lead to a profit, you pay me a commission based on the money I made you
My commission is 20%.
That means I completely run your Forex business and you keep 80% of the profits. (The average commission at CopyFX is 40%, but I wanted to provide an excellent value for my followers, so I am charging only HALF of the average).
This is a 100% hands off, set-and-forget, passive income solution.
- You make an initial deposit to your account of at least $500
- There are no on-going subscription fees at all
- If my trading produces a profit over a 4 week period, the profits are split 80% for YOU and 20% for me
Everything is done for you behind the scenes:
- You DON’T need to download and install a trading platform
- You DON’T need to learn how to install indicators and templates
- You DON'T need to learn how to use scripts or place trades with the proper lot size
- You DON’T need to learn how to use trade management tools
- You DON’T need a Virtual Private Server to keep your platforms connected to the Internet
- You DON’T need to monitor your charts, not even once a day
- You DON’T need to receive signal emails or Telegram messages and manually perform trading activities.
Basically, you set everything up once, and then go about your busy lives. Everything is taken care of for you on autopilot, behind the scenes.
Plus, you have complete control over your money at all times. You can stop the trade copying at any time, make withdrawals, etc. Your money remains in YOUR account, under YOUR control.
So, if you’ve recognized the high profit potential Forex trading provides, but don’t have the time to manually place and manage trades, or simply don’t have the desire to learn how to set everything up and perform the trading actions… PMTW Trade Copy can simplify everything for you.
How To Copy My Trades On Autopilot Using CopyFX
Getting started with PMTW Trade Copy is extremely easy.
Step 1: Get A Trading Account At RoboForex
In order to use the CopyFX trade copy service, you need an account at the RoboForex broker. Here is some useful information taken directly from the RoboForex website:
To invest on CopyFX, you need to open a trading account on MetaTrader4 via your Personal Members Area on the RoboForex website. The following account types suit for investing: Pro-Cent, Pro-Standard, ECN-Pro, Prime, and Pro-Affiliate. The system of cross-copying allows for the correct connection of various account types of traders and investors.
However, if the trader and the investor have different account types, the results of trading may vary slightly due to the difference in the conditions of trading. The size of the spread, the broker fee, the leverage or the number of available instruments may differ. If the trader's instrument is unavailable on the investor's account, the trades will not be copied.
For exact copying, it is better to open a type of account with a maximal number of instruments available and the biggest leverage. If you are interested in investing only, you can avoid installing the MT4 terminal: with an active subscription, the trades are copied automatically, the statistics of the copied trades are reflected in the PMA. You can use copying in addition to your own trading on the account — the trader does not get any fees for the trades that the trader carries out themselves.
Here are the takeaways:
- You need to open an account at RoboForex for Metatrader4
- You can use any type of account, but it is probably best to use the same type as the signal provider. I use Pro-Standard Accounts with 1:500 leverage
- If you are only using the account for investing, and not trading on the account yourselves (I recommend only using the account for investing), then you DON’T even have to download the Metatrader4 Platform
- Trades are copied automatically and you can see your results in your Personal Member’s Area (PMA).
Step 2: Fund Your Account
There are many ways to fund your account at RoboForex so you can choose the method you are most comfortable with. The minimum deposit amount to be eligible to use CopyFX is $100.
However, the minimum deposit to follow my accounts through CopyFX is $500.
Why $500?
Well, most of my trading accounts use a Partial Profits trade management strategy. This means a portion of the trade is captured at a certain distance from entry, putting money into your account. Then the rest of the position runs until the completion of the trade.
In order to be able to take partial profits, you need to place trades with a minimum 0.02 lot size. Therefore, I don’t recommend using accounts with a balance less than $500.
In order to get the most from the trade copy experience, your account needs to be able to perform trading actions similar to mine. Therefore, using an account smaller than $500 would not allow for the most accurate trade copying.
Step 3: Setting Up The Trade Copying
Once you have a funded account at RoboForex, you can subscribe to copy your chosen trader (me). To see the subscription conditions, check the trader’s card for the account you want to follow.
In order for the following links to take you to the correct trader’s card page,
you need to have an account with RoboForex and be logged in.
Subscription Conditions
To keep things simple, the subscription conditions for all PMTW Trade Copy accounts are the same:
- Commission: 20% of profit (The average commission at CopyFX is 40%)
- Minimum Deposit: $500 (To ensure your accounts can follow mine correctly)
- Investment Period: 4 weeks (This is how often commissions are taken. Since I am not a high frequency trader, a longer period makes sense)
Once on the trader’s card for the account you want to follow, click Customize Manually.
I recommend copying my accounts exactly as I trade them. This means each investment account should follow ONE of my accounts, only place the trades for that account and use my money management.
Therefore, choose Proportional with a ratio of 100.
Once you are satisfied, click Subscribe to trader.
NOTE: If you want to set up multiple income streams and follow more of my accounts, simply open and fund separate trading accounts and go through the above process for each account you want to copy.
That’s it. There is nothing more for you to do. Whenever I do something on my account, it will be copied proportionally on your account… 100% on autopilot.
Recommendations For Copying
PMTW Trades Using CopyFX
PMTW Trade Copy using CopyFX is an excellent way to copy my trading accounts and benefit from high profit potential Forex trading. Once set up, everything is taken care of for you. I have no doubt you’ll be very excited as you go through the steps yourself and finally click the Subscribe to trader button.
But once you do, it is time to relax, calm down and prepare for the long term.
My trading approach is strategically designed to be profitable over the long term with the potential to greatly outperform other investment opportunities. I methodically trade the Daily time frames looking for the best setups on my chosen currency pairs.
So, be patient. Commit to the long term.
After all, this is the beauty of trading on commission. You don’t pay me anything unless I make you money first. So, you don’t need to feel pressured about making a certain amount of money each month.
If you are ready to get started, open your account here:
In order for the following links to take you to the correct trader’s card page, you need to have an account with RoboForex and be logged in.
To Your Wealth,
Edward Lomax
If you are not eligible to join RoboForex, you can still copy my trades automatically through MQL5 Signals or manually through PMTW Full Access Pass.