will you still use EA?

Aug 25 at 10:24
389 Views
7 Replies
Member Since May 20, 2025   34 posts
Aug 25 at 10:24

If you got an option to copy trades without EA will you still use EA?

Be an Expert Fx Trader
Member Since Jun 10, 2025   105 posts
Aug 25 at 12:28

Depends what the EA is doing. Copy trading solves execution, but an EA can still be useful for low-spread brokers like HFM when the actual strategy logic, risk sizing and exits are automated rather than just mirroring somebody else's trades. For me the bigger question would be which one gives more transparent and consistent risk control

Member Since May 06, 2023   27 posts
Aug 25 at 20:26

No, i don't really like EAs, trading is never that easy. In my opinion, they are the biggest scam in forex, but if you do it and it works for you, that good. Everybody is free to use them.

Member Since Aug 26, 2026   7 posts
Aug 26 at 01:33

Never used EAs or copy trading. 

Member Since May 20, 2025   34 posts
Aug 31 at 04:05
Amadeus_Vega posted:

Never used EAs or copy trading. 


EAs like the one that supports automated trading can be somewhat helpful. 

Be an Expert Fx Trader
Member Since Aug 26, 2026   7 posts
Sep 01 at 02:20
William_Grey posted:
Amadeus_Vega posted:

Never used EAs or copy trading. 


EAs like the one that supports automated trading can be somewhat helpful. 


I know it is helpful, a lot of people use it, but it is not match with me 

Member Since May 20, 2025   34 posts
Sep 01 at 04:15

Mainly, if you follow other's strategy in real time, you ned a copier, 


If you follow signal alerts from other platform, you need a copierIf you follow Telegram trades, you need a copier.In a nutshell, the trade copier helps you avoid manual error qwhile copying other's / signal provider's strategies and help in automatic order placement without any error and slippage.

Be an Expert Fx Trader
Member Since Jun 10, 2025   105 posts
Sep 03 at 18:04

Depends what you need automated. A copier is fine if the whole job is mirroring someone else’s entries, but an EA makes more sense when position sizing, filters, exits and risk logic are part of the system too. I’d care more about how consistent the risk control is than whether it’s called an EA or copier

Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.