Myfxbook Social Trade Copying

What makes Myfxbook AutoTrade a great tool for copy trading?

#1 - Systems selected fulfil a rigorous screening processing, satisfying the below requirements.

1. Must trade from a MetaTrader 4 account with real money (no demo accounts).
2. Connected to Myfxbook for at least 3 months and executed at least 100 trades.
3. Minimum account balance of $1,000.
4. Historical drawdown must be less than 50%.
5. Average trade time must be more than 5 minutes.
6. Average pip win per trade must be at least 10 pips.
7. Historical return on account must be higher than 10% and higher than the maximum drawdown.
8. Does not allow systems that use martingale/grid techniques

#2 - Systems provide accurate statistics on performance, drawdown over a certain amount of time, best and worst trades, average trade duration, Sharpe ratio, standard deviation, profit factor and much more.

#3 - Instantaneous trade mirroring from signal provider

#4 - No software needed. AutoTrade is hosted on internally managed servers