How Do I Check If My Account Is Copy Trading?

How to check if your MT5 account is copy trading to your prop firm's platform (ie trade locker or match trader).

Joe Hicken

Last Update één maand geleden

Introduction

In this article, we'll guide you through the steps to ensure your account is copying trades correctly using the Heron Copier. We will cover how to identify common connection issues, perform test trades, and resolve any discrepancies between master and slave accounts.

Step 1: Verify Connection in the Heron Copier Connector

  1. Open the Heron Copier Connector Application:

    • Click on the Connector tab in the Heron Copier Connector application.
  2. Check for Your Accounts:

    • Ensure that your master and slave accounts are listed. If an account is missing, this indicates a connection issue.
  3. Log In to Your Prop Firm Account:

    • If accounts are not listed, log into your prop firm account (e.g., Funding Pips) and check if there are any discrepancies.
Step 2: Identify and Resolve Discrepancies

  1. Compare Account Balances:

    • Check the balances of your master and slave accounts. If there is a significant difference, it is likely due to a connection issue.
  2. Check the TradeLocker Slave Application:

    • Open the TradeLocker Slave Application and check for any errors.
    • If errors are displayed, try refreshing the connection.
  3. Refresh Connection:

    • If needed, refresh the connection by re-authenticating and reconnecting the accounts. If the connection fails, check for server maintenance or other errors in the logs.
Step 3: Perform a Test Trade

  1. Place a Test Trade:

    • Once your accounts are connected, place a small test trade (e.g., a micro lot of 0.01) on your master account.
  2. Verify Trade Copying:

    • Check the slave account to ensure that the trade is copied correctly.
    • You can confirm this by viewing the Positions tab in your account and ensuring the trade is reflected there.
  3. Close the Test Trade:

    • Close the test trade on the master account and verify that it also closes on the slave account. This ensures that the accounts are synchronized.
Step 4: Reset Account Balances

  1. Update the Slave Account Balance:

    • If your slave account balance is different from the master account, you may need to reset it.
    • Go to File > Open Account and set the correct balance in the new demo account settings.
  2. Adjust Leverage and Balance:

    • Enter the correct balance and leverage for the account (e.g., $93,733 with 1:33 leverage).
    • Once updated, ensure that the balances match between the master and slave accounts.
Step 5: Resolve Additional Issues

  1. Check for Prop Firm or Platform Issues:

    • If you encounter issues placing trades or with the platform itself, reach out to your prop firm's support (e.g., Funding Pips) to resolve the issue.
  2. Suffix Mismatch:

    • If trades aren’t copying, ensure there is no suffix mismatch. Some prop firm accounts, like E8, may have a suffix (e.g., .c for gold).
    • To fix this, go into your copier settings and map the correct symbol (e.g., XAUUSD = XAUUSD.c).
Step 6: Reach Out to Support

  1. Contact Heron Copier Support:
    • If you’ve followed all the steps and your account is still not copying trades, reach out to Heron Copier Support for further assistance.
    • Their support team is responsive and can guide you through resolving any issues.
Conclusion

By following these steps, you can ensure that your master and slave accounts are copying trades correctly using the Heron Copier. Verifying connections, performing test trades, and addressing common issues like suffix mismatches will help maintain synchronization between your accounts. If problems persist, contacting Heron Copier or your prop firm’s support can resolve any lingering issues.

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