Invest an amount that is comfortably affordable, with a recommended minimum of $1,000 to cover all trades and margin requirements. Withdrawing the initial deposit promptly is advisable, allowing trading to continue solely with the broker’s funds.
The platform costs $20 per month, and a 15% profit fee on monthly earnings will be charged, invoiced through the platform.
Disclaimer: There is a possibility of losing the entire investment, and only funds that can be afforded to lose should be used. Understanding these risks is essential before proceeding.
Begin by creating a broker account with VTMarkets. Once the account is set up, open an MT4 or MT5 trading account with the RAW ECN account type.
Set the leverage to 1:500 and deposit an amount suitable for individual financial capacity. A minimum deposit of $1,000 is recommended to sufficiently cover all trades and margin requirements.
Register on the platform, pay the $20 fee, and connect the account using the configurator. Once set up, click ‘Follow’ on the designated page.
Next, access the configurator, select ‘Trade Copier’, and activate it. Set the risk type to ‘Risk Multiplier by Balance’ and adjust the multiplier to a maximum of 1.00. Ensure that the options to copy take profit, pending orders, and stop loss are enabled.
Starting with a lower multiplier while initial trades are active is recommended to confirm that everything operates as expected.
The information provided by The Passive Income Company is for educational and informational purposes only and should not be considered financial, investment, or trading advice. Trading in financial markets involves significant risk, and past performance is not indicative of future results. There are no guarantees of profit, and you may lose more than your initial investment.
By using our services, you acknowledge that you are solely responsible for your trading decisions and that The Passive Income Company and its affiliates are not liable for any financial losses incurred. We strongly recommend consulting with a licensed financial advisor before making any investment decisions.
Risk Warning: Automated trading carries inherent risks, and while our strategies are backtested and designed with risk management in mind, no system can eliminate the risk of loss. Please trade responsibly.