To follow our strategies using Copy Trader on BlackBull Markets, followers need to undertake the following process.

The first step is registering to trade with our forex broker, BlackBull Markets.  This can be completed from their webpage at https://blackbull.com/en/.

When you are registered you can choose from the menu on the left-hand side “Copy Trader”.  This will list all the strategies that can be copied on BlackBull. 
In the “Find” box at the top, type “Brindabella” and it will provide all our strategies you can follow.  For ease, you can add each strategy to your “Watchlist” so you can compare them.  Before you can follow a strategy, you will need to setup live trading accounts and fund the account.

Once you have picked the strategy(s) you would like to follow, you need to setup trading accounts on BlackBull.  On the menu on the left-hand side click on “Accounts”.  On the option “Live” you will be able to open a new trading account.  Your trading account must mirror the same setup as the Brindabella Capital strategy.  The majority of our strategies are Platform Type – MetaTrader 4, Account Type – Prime, Leverage – 500 and for Currency
please choose the currency of your country. 

The main rule is one account per strategy.  If you want to follow two strategies, you need to setup two live accounts.  Each of our strategies provides the details of what settings the live accounts must have to be able to follow them.

For each live account setup you need to set the password.  On the live account, on the top right-hand corner there is three little dots.  Click on this and choose “reset password”.  Note down your account number and password as they will be needed when you go back to Copy Trader.

To deposit funds into BlackBull Markets, on the left-hand side menu click on the option “My Wallet” and “Add Funds”.  The different funding options will be presented.  Whatever option you use to deposit funds into BlackBull Markets, the same option must be used when withdrawing funds.  Also BlackBull Markets will cover any deposit fees you incur by reimbursing you.  When the funds have cleared, you will need to transfer the funds from “My Wallet” to your live trading account(s).

Each of our strategies has a minimum amount to be allowed to follow.  All our strategies are in AUD so your live trading account is established in a different  currency, you will need to allow for currency differences.  Having a different currency trading account has no impact on following our strategies.

Now you have setup your live account(s) and funded them, you can now follow our strategies using Copy Trader.

Head back to “Copy Trader” and pick the strategy you want to follow.  On the top right-hand side of the strategy there is a “Copy” icon to click on.  Please click on this youtube link to see the process of connecting to our strategies – https://blackbull.com/en/platforms/blackbull-copytrader/

 

Items to note when watching the youtube and following our strategy:

Choose AutoScale not Multiply.
Do not enter details in Correction.
Do not enter details in Risk Management.

 

It 100% your decision if you do want to setup items in Correction/Risk Management but if you do it means your setup will be different to our strategy and performance will vary accordingly.

I know it looks like a lot, but once you do the setup for one, you will see it is quite straight forward.

 

Any queries, please do not hesitate to go to contact us and we can walk you through the process or answer any queries you have.  It is important you are setup correctly from the start.  Once you are setup, there is nothing else you need to do.

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Disclaimer: While all reasonable care has been taken in the preparation of this information, Brindabella Capital take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.

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Trading on forex markets carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading on forex markets may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.