General Question

Most popular questions regarding Forex Trading with Tickcopy

General Question

You can achieve your account in your Tickcopy Client Area. However, if you would like to close an account by sending email to [email protected] but we will keep your data, in accordance with legislation, on our files for a minimum period of 7 years.

If your account is zero balance and there are no login attempts made for 90 days, then it will be automatically archived by the system and it will no longer be visible in the Client Area.

We offer 3 account types: 

(1) Standard

(2) ECN 

(3) VIP

All accounts have the same execution speed.

Their differences are:

Spreads:

The VIP and ECN accounts start at 0.0 pips, whereas the Standard account starts at 1.6 pips.

*There is no commission on the Standard account.

*There is a commission of 1.9 per side per lot (0.0019% notional) on the ECN account in the base currency of the trading instrument.

Example: If you trade 1 lot of EURUSD, which has a contract size of 100,000 EUR, then your commission per side would be 1.9 EUR and 3.8 EUR round turn.

*There is a commission of 1.8 per side per lot (0.0018% notional) on the VIP account in the base currency of the trading instrument.

Example: If you trade 1 lot of EURUSD, which has a contract size of 100,000 EUR, then your commission per side would be 1.8 EUR and 3.6 EUR round turn.

The minimum deposit for the Standard account is: 500 HKD/USD/EUR.

The minimum deposit for the ECN account is: 1,000 HKD/USD/EUR.

The minimum deposit for the VIP account is 30,000 HKD/USD/EUR.

You can find out more information about our account types at: 

https://www.tickcopy.com/accounts-overview/ 

To register for an individual Client Area, you must submit your Proof of Address (POA) and Proof of Identity (POI) documents, such as Passport or Driver’s license.

Absolutely. In order to do so, install an MT4 platform in different folders on your computer for each of your trading accounts.

Yes. Simply send an email to [email protected] with your demo account number and decided balance, our Support team will be more than happy to assist.

Yes, the trading conditions of demo account and live account are the same. However, no slippage occurs on the demo account.

Go to our Tickcopy Main Page: https://www.tickcopy.com/

and push “ Try Demo Account” Button.

Go to our Tickcopy Website and push “Create Account” and fill in the form .

https://my.tickcopy.com/register

Right-click on the instrument you placed the trade with and use the options ‘Modify the trade’ or ‘Delete the trade’.

You can change the password of your MetaTrader 4 account inside the secure Client Area. For further assistance, please contact our Client Support team.

Go to the Client Area: MyTickcopy Client Area login page click on the ‘Forgot your Password?’ link and follow the instructions on how to reset your password. Your new password will send to your register email automatically. For further assistance, please contact our Client Service team.

You can find your trading history and account balance in the MetaTrader 4 platform. The account balance can also be seen in your Client Area.

The percentage allocation management module (PAMM) is a form of pooled money forex trading. An investor gets to allocate his or her money in the desired proportion to the PAMM Manager. These Managers may manage multiple forex trading accounts using their own capital and such pooled money, with an aim to generate profits.

Managers:

A Trader can be a PAMM Manager. They open a PAMM account and invest a certain amount of funds in it (manager’s capital) by opening an Investor Account. The manager creates a unique proposal, where the terms of cooperation are defined, including the manager’s remuneration; the percentage of investor profits they receive as a reward for managing the account.

Investors:

Investors simply looking for PAMM Rating and find out suitable managers by looking at the independent ratings, and select an account to invest in. If the manager achieves a positive trading result, the investor makes a profit, paying out a percentage set by the manager of this to the manager.

All Tickcopy MAM, PAMM and Social Trading Master Account and Investor Account base currency should be USD.

No, investors only can search your PAMM Master Account by Account Name and Account Number.

Fund’s profit/loss calculation intervals can be either daily, weekly or monthly based on the fund manager’s preference. Profit settlements will be done on the weekends (based on MT4 server time) and the distribution takes place directly to the investors’ accounts.

  1. Performance and Trade fees will be set up when the fund managers sign up for the PAMM Fund. Settlement takes place based on the valuation intervals (daily, weekly, or monthly).
  2. Profit distribution takes place when (Total equity – Total invested capital) is greater than 0.

Manager’s remuneration will be settled to Manager MT4 Payment Account.

No, Tickcopy Manager cannot guarantee any profit for their investors. Investors should bear any responsibility for risk and loss.

No, Tickcopy system does not allow fund managers to withdraw funds from their investor account. Fund Managers only can operate and place orders for their investors by MT4 Terminal.

Couldn’t find the answer?

Contact our Support team: [email protected]