Couple ideas how else use trade copiers

1.    You have MT4 EA, but would like to use it on MT5.
For some
reason you do not want to program expert advisor for MT5:

  • mql5 programming cost is expensive,
  • you have several EAs and rogramming cost is expensive,
  • EA has complicated logic.

 You can copy trades from MT4 to MT5 with MT4-MT5 trade copier

2.    You would like to buy EA, but it cost over your budget –
share cost with your friend(s) and use trade copier to copy trade on his
3.    You have EA with hedging (locking) logic, but your broker