EAs no longer work with prop firms, solution?

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  • May 3, 2024 at 9:20 am #253056 Reply
    pratik cource
    Participant

    Which copier is good can you pls suggest me.. I want to copy mt4 to c trader 

    May 3, 2024 at 12:57 pm #253097 Reply
    Alan Northam
    Participant

    Hi pratik,

    I don’t have any experience with trade copiers so I cannot recommend one.

    Alan,

    May 8, 2024 at 1:50 am #253873 Reply
    shlangster
    Participant

    I use the copier from http://dxcopier.net . 1 month – no failures so far. It is limited to 2 mt accounts though, but I can run unlimited instances on one account and configure them to copy to different dxtrade accounts.

    May 13, 2024 at 8:19 pm #254854 Reply
    Muhammad Usama
    Participant

    Hey Alan. I am currently thinking of buying a 100k ftmo challenge along with an EA (costing about 1200$) developed by one of my mentors who teaches the SRC strategy. Since I’m currently in Pakistan where we’ve got no issue yet with regards to mt4/5, my only concern remains the fear of 3rd party breach that I believe must’ve also occured with Petko (Although I’m confident that the EA I’m looking to use is not very public). Could you kindly pitch me in on the current situation of ftmo with EA’s and if your suggestion of slightly changing tp/sl level and magic number of EA still stands?

    May 16, 2024 at 1:28 pm #255328 Reply
    pratik cource
    Participant

    If I send trades to DX traders from MT4, will the prop firms company come to know that he is using a tarder copier?

    shlangster

    May 16, 2024 at 2:05 pm #255332 Reply
    Alan Northam
    Participant

    Hi pratik,

    As far as I know most prop firms allow you to use a trade copier as long as you are copy trading your own EAs from your forex broker.  What they don’t accept is for you to be using trade signals from a third party.  Ask your prop firm if it is OK for you to copy trades from your own brokerage account.

    Alan,

    May 16, 2024 at 2:08 pm #255333 Reply
    Alan Northam
    Participant

    Hi shlangster,

    I am happy to hear you are having success using a dxtrade copier.

    Alan,

    May 30, 2025 at 4:23 am #453774 Reply
    David
    Participant

    Hola Alan, respecto a tu respuesta a hemmy sabes si aún sigue vigente para FTMO?

    May 30, 2025 at 4:35 am #453776 Reply
    David
    Participant

    Hi Alan, regarding your response to hemmy, do you know if it’s still valid for FTMO?

    May 31, 2025 at 11:21 pm #454015 Reply
    Alan Northam
    Participant

    Hi David,

    Sorry I do not know.  I am in the United States and FTMO has not allowed US traders for quite some time.  I have been spending my time trading my own accounts using US forex brokers.

    Alan,

    May 31, 2025 at 11:36 pm #454019 Reply
    David
    Participant

    Alan, But I mean, if I modify the parameters and magic number of the third-party EA, it currently still works and there is no problem with FTMO?

    June 1, 2025 at 1:24 pm #454078 Reply
    Alan Northam
    Participant

    Hi David,

    I cannot say for sure if that would work as I do not know the algorithm they use to detect if expert advisors are highly correlated.

    Alan,

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