The CopyTrade system provides for copying deals of a trader in a real time mode and opening them automatically on the account of a follower. CopyTrade followers can adjust the number of trades, set the preferred ratio of lots and trading instruments to copy deals on from a certain CopyTrade trader.
Yes, you can. You can copy all the trades or just trades on the instruments you chose.
You can close it in MetaTrader, but it is impossible to cancel it.
There might be a delay of 15 seconds maximum, but orders copied are always identical to those opened on the account of a CopyTrade trader.
Yes, the order settings of a CopyTrade follower will be changed as well.
The pending order is copied to the CopyTrade follower account when it is executed on the CopyTrade trader account.
Yes, the follower is to have at least $100 on his account before he can start copying.