Must the types of participants’ accounts match each other?
No, it’s not required, but it is advisable for accounts to match, as different account types have varying trading conditions.
Traders and Investors can use different account types, as long as they’re on the same trading platform (like MetaTrader 4 or MetaTrader 5).
Benefits for Investors
You are free to copy any Trader using the same platform, even if your account types differ. This provides you with more flexibility when selecting strategies to follow.
Benefits for Traders
You can attract more Investors, regardless of their account type, helping you grow your subscriber base and increase your potential commission earnings.
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