The specific mechanics behind our platform are a trade secret. However we can confirm the following:
Fastest execution speed
Trades are executed at lightning speed, fast enough for scalping strategies (normally 0.1 to 0.5 seconds).
Follower accounts are able to adjust the risk and money management settings of each account individually.
Follower accounts feature optional maximum drawdown protection.
Should a disconnection occur for any reason. Alerts are sent via email (An SMS option is also available).
SL and TP levels
Follower accounts are able to manipulate the copied trades by closing and moving SL and TP levels.
Follower accounts are able to continue manual trading or run other EA’s on their account (including other copiers) without it interfering with SimpleTrader.
Caution: Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognise that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. ForexSignals.com takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.