Some Commonly Asked FAQ
Yes, absolutely.
We offer you a 1 week free trial of our service. After the trial you can decide to stay or leave no strings attached.
No questions asked and no payment obligation at all!
Take a free trial and we will send you the FX MoneyMachine Trade Copier and license directly by email so you can start trading.
Try it for free and see yourself!
How does the free trial work?
After you have joined our Telegram Channel, we will ask for your email so we can send you the Trade Copier and login details to your personal dashboard with an extensive user manual.
You add our Trade Copier to a MT4 chart and start directly following our successful trades.
Please be assured that you can cancel your subscription at any time without obligations and only have to pay if you are happy with the service and convinced about our performance. We will be in touch with you every step of the way via our Telegram Channel.
The reason that we ask for your email address upfront is because we automated and outsourced our subscription model. We have more than 100 clients and it would be impossible to administrate all these manually (because of different starting dates).
Try our service without paying for it now!
For best results, you should use 1:500 leverage which is what FX Money Machine uses. As a rule of thumb, for every $500.00 in your account, you should trade 1 miro lot (.01) lot.
We suggest you start your trading using a demo account. This way you get a feel for our system and its performance before trading real capital.
Yes, we trade our systems with real money.
No. We are not a personal investment advisor. Every individual has unique circumstances that require very specific advice. Do not equate this service with a personal advisor; we seek to find the best trading systems for you to profit from. However we do not, or should we say, cannot, take into account all of the personal circumstances of all our subscribers. WE ARE NOT A PERSONALIZED ADVISORY SERVICE.
Absolutely. Draw downs are part of any profitable trading strategy. A trader must be comfortable with periodic draw downs to trade the forex market. Please follow proper risk management when trading the forex markets at all times.
FX Money Machine Trade Copier is licensed for a single user, with one Meta trader account. You may move it from one account or broker to another but can only be connected to one account at a time. You can purchase multiple licenses for multiple accounts. This policy is strictly enforced.
Once the trade copier is loaded onto your Meta Trader 4 platform, the signals sent from the trader via our central server will execute all orders automatically. This process is completely automated without requiring any manual intervention by the user after initial setup. You will maintain complete control over your account and using Meta Trader 4 platform can manually liquidate any open trades or execute new trades at any time. Should you lose connectivity to the central server, existing trades will have a hard stop loss with every trade, but no additional trades will be generated until an Internet connection is re-established. We highly recommend using a Virturl Private Server so trades that need stoploss or profit target adjustments can be processed as needed or in certain instances where stoploss is place a short time later on trades. If you lose connectivity you will not be able to get the updated stoploss and run the risk of loosing more than intended on the trade.
YES, but if you want to have exactly the same results, please choose IC Markets with our Trade Copier package and qualify for 7 days free usage. You can also use other brokers with similar results.
Meta Trader4 is a trading platform used by most major Forex brokers. It is trading software used by forex traders to execute trades. Demo accounts are also provided by brokers so the user can become familiar with the software before executing live trades. We always suggest to try our Trade Copier software on Demo accounts first to get familiar with how to apply it to your MT4 accounts.
If you don’t want to leave your computer running 24 hours a day 5 days a week then there is a solution where you can have your meta trader account run on what is called a VPS server. We suggest FXVM Forex VPS Lite Package: https://fxvm.net/portal/aff.php?aff=11668
You will be email the trade copier with instruction manual as soon as your payment gets verified
Our recommended initial capital for bare miniumum start up is $250.00 but preferably $500.00. For every $500.00 invested trade 1 micro lot (.01) per $500.00. Risk Capital is defined as money you can afford to lose. This is true no matter how good a system looks, how good a system performs or how much money it makes. Only risk capital should be used in trading.
Risk Warning
Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.