The Maximum Risk will define the maximum percentage, amount, pips, or decimal of your balance to risk per trade. If no Stop Loss is defined, the Trade Copier will compute the Stop Loss to add according to the trade size and Maximum Risk defined. If a Stop Loss is defined at the creation of the order on the Master and if that Stop Loss leads to a higher potential loss than the Maximum Risk defined, the Trade Copier will override that Stop Loss in order to respect the Maximum Risk defined.

The value entered corresponds to the type you have selected. For example: if you enter the value of 25 and selected % as the type, the Maximum Risk will be 25% of your Slave balance. If you’ve selected “Cash Amount”,  then the entered value would be based on the currency value of your account.., ie $25.