FAQ's
Does this work for Live account & Demo Accounts?
Yes, our copy trading service will work with both Live Accounts, Demo Accounts, and Prop Firm Audition Account*.
Please note, you need to check with your broker and/or prop firm that copy trading is allowed for your broker/Prop Firm.
Does this work for MT4 and/or MT5 accounts?
Yes our copy trading services work for both MT4 & MT5 accounts.
Is this an EA or some tricky software I need to set up on my MT4 or MT5 account?
No, our services do not require any software downloads or ea’s (expert advisors) that you need to add to your MT4 or MT5 accounts. Our privately developed software only requires that you provide your basic account credentials which are your Server, Login # for your account, and the Password for the Account #
Do we take any profit share?
No, absolutely not, you simply pay a monthly subscription fee. We are already successful forex traders ourselves and when we started out, we looked for a service just like this, a service that help to grow accounts, helps to pass auditions, but a service that is not obscenely expensive.
If you give us your account information, can’t we just steal all of your money?
Of course not. We can only trade on the account. Any power to request withdraws or even add more funds to your account is through your broker login, which is a different login username and password (which if you already have tried to trade forex or have accounts open, you know this already).
Do we trade differently if your account is an audition, demo, or already funded account?
No. We trade the same way on all accounts, the only variable is the lot size used, which will vary based on the account size being traded to account for proper risker management. We trade conservatively and do not allow for more than 4% max drawdown daily to avoid blowing up accounts (both funded, demos, and auditions)
How many accounts can I have per subscription?
1 Account Traded per subscription purchase. You can have multiple subscriptions if you wish to sign up multiple accounts for our copy trader services.
What type of results can I expect?
We do not guarantee any types of daily, weekly, or monthly results. We trade conservatively and 90% of the time on pairs, indices that we know best. We *AIM* for 5-10% profit per month while also managing trades to avoid no more than a 4% daily drawdown (which is rare based on how we trade, the lowest we’ve had in our past 4 years of trading professionally as funded traders = 3.4%).
Is this Prop Firm Audition Passing Service?
No, we are not specifically a Prop Firm Passing Service. Have we helped our clients pass prop firms solely with our copy trades, yes! But Most of our clients use our copy trade services as an add on to their trading for their prop firm auditions.We are a complimentary trading service to help grow your account steadily with tight risk management.
How do we trade at Vincere Forex?
We have a triple threat approach to Forex Trading. We combine our tried and true back tested indicators for confluence with our custom EA (expert Advisor) along with Manual Trades and manual adjustments to our EA’s Stop Loss and Take Profit Targets. We trade based on support and resistance zones and with our experienced understanding of price action on the main forex pairs and indices we focus on. We adjust trailing stop loss when we are profits to avoid having winning trades turn into losses to always secure profits when they reach our adequate take profit levels. We don’t just blindly let an EA run. We don’t blindly follow random indicators all these social media gurus are trying to sell you. We don’t just place trades based off signal providers and cross our fingers. We Win. Vincere = WIN (in Italian)!