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The Risk Factor defines the size of the trades copied on your  account when when we ad  to a Master Account  copy trades. This can be set using different methodologies depending on your preferences.

You have the choice between multiple methods to manage the trade size of your Account:

Auto Risk: You Account trade size is proportional to our Master trade size and proportional to our Master account size. This method allows you to be exposed with the same level of risk between our Master and you Account proportionally to the account size.

Multiplier: The Slave trade size is simply a multiplier applied to the Master trade size no matter the Equity, Balance or Free Margin of both Slave and Master accounts.

Fixed Lot: The Slave trade size is fixed and is defined in advance for each trade no matter the Equity, Balance or Free Margin of both Slave and Master accounts.

Fixed Leverage: The Slave trade size is fixed and is defined function of a wished leverage that the trade has to have on the Slave account. The Slave lot size does not depend of the Master trade size in that case.

Definition of the “AUTO RISK”

When using the “Auto Risk” method, the system will keep the same ratio of the trade size versus the account size between the Master and the Slave accounts.

Below the formula used to compute the slave order size:

auto risk formula

The “Account Size” can be defined using the equity, the balance or the free margin of both Slave and Master accounts.

The “Auto Risk” value could be any positive or negative value, the system will round up to the closest volume incremental step for the traded instrument. A negative value will reverse the order side.

If the minimum order size allowed by your broker for a specific symbol is bigger than the lot size computed, the Trade Copier copies the min trade size. In this particular case, the system always tries to copy the trade with the minimum allowed value.

Definition of the “MULTIPLIER”

When using the “Multiplier (Notional)” or “Mutliplier (Lot)” methods, the system will multiply the master trade size by the defined value and place the corresponding order on the Slave account.

Using the “Mutliplier (Notional)” the contract size of master and slave symbols are considered and trade size size will be adjusted accordingly. The multiplier will be applied to the notional amount of the master trade size.

Using the “Mutliplier (Lot)”, the contract size is not considered, so if it is different between master and slave symbols, the notional amount of the trade will not be the same. Here is how we compute it: Master lot size x  Master contract size x Multiplier(Lot) / Slave contract size = Slave lot size

Below the formula used to compute the slave order size:

fixed multiplier formula

The “Multiplier” value could be any positive or negative value, the system will round up to the closest volume incremental step for the traded instrument. A negative value will reverse the order side.

If the minimum order size allowed by your broker for a specific symbol is bigger than the lot size computed, the Trade Copier copies the min trade size. In this particular case, the system always tries to copy the trade with the minimum allowed value.

Definition of the “FIXED LOT”

When using the “Fixed Lot” method, whatever the Master trade size is, each trade placed on the Slave account will use the defined value as the trade size, no matter the Equity, Balance or Free Margin of both Slave and Master accounts.

Below the formula used to compute the slave order size:

fixed lot formula

The “Fixed Lot” value could be any positive or negative value, the system will round up to the closest volume incremental step for the traded instrument. A negative value will reverse the order side.

If the minimum order size allowed by your broker for a specific symbol is bigger than the lot size computed, the Trade Copier copies the min trade size. In this particular case, the system always tries to copy the trade with the minimum allowed value.

Please note that if you are using a broker account configured with mini, micro or standard lot, settings a “Fixed Lot” with a value of 1, will open respectively 1 mini, 1 micro or 1 standard lot.

Example

Definition of the “FIXED LEVERAGE”

When using the “Fixed Leverage” method, the system will compute the order size to place on the Slave account defining the leverage that the new position has to have regarding the account size of the Slave account. The Slave trade size does not depend of the Master trade size or account size in that case.

Below the formula used to compute the slave order size:

fixed leverage formula

The “Account Size” can be defined using the equity, the balance or the free margin of both Slave and Master accounts.

The “Fixed Leverage” value could be any positive or negative value, the system will round up to the closest volume incremental step for the traded instrument. A negative value will reverse the order side.

If the minimum order size allowed by your broker for a specific symbol is bigger than the lot size computed, the Trade Copier copies the min trade size. In this particular case, the system always tries to copy the trade with the minimum allowed value.

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