Q. Do I have to pay for future updates?
A. No, all future updates will be free of charge (this includes additional features, additional pairs, trading strategy updates, rework for MetaTrader updates, etc.)
Q. How many trading accounts can I use FourLeafClover on?
A. Your licence entitles you to trade on one live account and unlimited demo accounts. You may buy additional licences at a reduced price under the same account holder name. Please refer to the Purchase page for more details.
Q. How much does FourLeafClover cost and are there any recurring fees or charges?
A. Please refer to the Purchase page for the current annual cost. There are no auto-recurring fees or charges and you are free to renew after the year if you wish.
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Refer to the Account Type info within the Broker selection section below regarding Cent v Standard trading accounts. Account funding, account types and risk settings are covered in detail within the FourLeafClover Installation & Setup Guide that you will receive with the EA.
Q. What types of MetaTrader 4 accounts can I trade FourLeafClover on?
A. FourLeafClover will happily trade on Cent or Standard accounts and can be used with 'market maker' or pure ECN / STP broker accounts. It will also trade on spreadbetting MetaTrader 4 accounts, but please be aware that these usually have different pip values and higher minimum lot sizes so you will need to tailor risk settings accordingly.
Q. Do you have a refund policy?
A. Yes - If after receiving the EA, it has not made a profit after 30 days (from date of receipt) then you are entitled to a full refund. The conditions of this refund are that you have setup the EA correctly on your live trading account with the recommended minimum balance and appropriate risk setting for that balance as specified within the Installation and Setup Guide and that your MetaTrader terminal has a stable connection to your broker.
Q. Can I trade FourLeafClover on the same account as other EAs or where I place trades manually?
A. Yes. FourLeafClover will open, monitor, manage and close it's own trades. It will not interfere with other trading being performed on the account. However, it is important to be certain that any other EAs in use on the same account do not interfere with FourLeafClover trades or tie up all your available margin.
Q. Does FourLeafClover work on both 5 digit and 4 digit brokers?
Q. Which currency pairs can FourLeafClover trade?
A. All of the following pairs are supported, so it covers quite a number of bases :-
Q. What level of account balance is required to trade FourLeafClover?
A. The minimum recommended starting balances are :-
Q. Broker selection - which broker should I choose?
A. Select a broker having considered the following :-