Summary of how to mirror trade (Miratorette) on XM's MT4.

In this article.XMThis section explains how to mirror trade (Miratorette) with MT4 in the

How to mirror trade on XM MT4.

When mirror trading with XM, it is common to use MT4 mirror trading.

XM itself does not offer a mirror trade service, but Metatrade offers a mirror trade service, so use that.

Double-click the MT4 icon in the programme list to start it.

Double-click the MT4 icon in the programme list to start it.

Click [File] on the menu bar and then [Login to trading account].

On the menu bar, click File and then Log in to trading account.

Enter your login ID and password to log in.

Enter your login ID and password to log in.

The [MT4 ID (XM account number)] and [server] are listed in the email sent when you open an XM account. Also, although not listed in the email, the password is the password you set when you registered your account.

If [you do not know which server is specified].It can also be found on the XM members' page.

Select [Terminal] and click [Signal].

[Select Terminal and click Signal.

Click [Signals] to bring up the list of mirror trades.

All items marked FREE on the right can be copied free of charge.

Click on [Signal name] and select [Subscribe for free].

Click on [Signal name] and select [Subscribe for free].

Select [Free subscription] and press [OK] to start copying.

Select [Subscribe for free] and press [OK] to start copying.

After this, the mirror trade will start and should be left alone.

The transaction is carried out automatically, so you don't have to do anything.

If you want to deactivate the system, you can follow the same procedure and stop it if your results are not so good.

Advantages of mirror trading

There are numerous advantages to mirror trading.

The following four benefits are particularly attractive.

No need to perform transactions yourself due to automated trading

In normal trading, you need to study forex beforehand and check the charts yourself for an extended period of time.

However, with mirror trading, you simply select a [professional forex trading strategy], called a strategy, and it trades automatically 24 hours a day.

No need to set up a trading environment

To carry out mirror trades, all you need is a browser and a mirror trade system.

Therefore, there is no need to rent servers to run chart analysis tools and EAs.

No specialist knowledge required

Mirror trading uses the aforementioned [professional forex trading strategies], called strategies, to automatically trade on your behalf.

Therefore, there is no need to study arcane terminology or acquire cumbersome technical knowledge.

Learn forex through mirror trading.

The last point is [that] you can learn forex through mirror trading.

Just by watching the automated trading that takes place in mirror trading, you will naturally learn more about forex.

In other words, mirror trading is a two birds with one stone system that allows you to study and automatically make a profit at the same time.

summary

In this article.XMThis article explains how to mirror trade (Miratorette) with MT4 in the