Duplikium Duplikium
  • Home
  • Cockpit
    • Cockpit
    • Cockpit (Bêta)
  • How To
    • Get Started!
    • FAQs
    • Tutorials
    • Web Service API
  • Features
    • Key Features
    • Supported Brokers
      • MT4 Brokers
      • MT5 Brokers
      • cTrader Brokers
      • FXCM
      • LMAX
    • Screenshots
    • Videos
    • Our Solutions
  • Pricing
    • Flexible Pack
    • Prepay
    • Add-ons
Register Register for FREE Login
  • Home
  • Cockpit
    • Cockpit
    • Cockpit (Bêta)
  • How To
    • Get Started!
    • FAQs
    • Tutorials
    • Web Service API
  • Features
    • Key Features
    • Supported Brokers
      • MT4 Brokers
      • MT5 Brokers
      • cTrader Brokers
      • FXCM
      • LMAX
    • Screenshots
    • Videos
    • Our Solutions
  • Pricing
    • Flexible Pack
    • Prepay
    • Add-ons
Questions
Topics
  •   
  •   Tutorials
    • Get Started!
      • Start to copy trades in 3 minutes
      • 1) Register for FREE
      • 2) Sign In
      • 3) Connect your Master account
      • 4) Connect your Slave account
      • 5) Set the Risk Factor
      • 6) Copy your first trade
      • 7) Subscribe for Unlimited plans and additional Slaves or Masters
      • Back
    • Account Settings
      • Setup
      • Risk Factor type
      • Max Order Size
      • Max Account Position Size
      • Max Account Open Count
      • Max Risk %
      • Copier Status
      • Back
    • Reporting
      • Volume/Orders/Fees
      • Performance
      • Export Excel
      • Back
    • Risk Factors
      • Setup
      • Auto Risk
      • Multiplier
      • Fixed Lots / Units
      • Fixed Leverage
      • Back
    • Symbols Settings
      • Setup
      • Mappings
      • Risk Factor type
      • Max Order Size
      • Max Symbol Position Size
      • Max Symbol Open Count
      • Max Risk %
      • Copier Status
      • Back
    • Subscription
      • My Plans
      • Free
      • Prepay
      • Flexible plan
      • Additional Masters
      • eWallet
      • Back
    • Global Settings
      • Trade Copier Status
      • Open Only / Close Only
      • Location
      • Back
    • Advanced Settings
      • Global Account Protection
      • Order Filters
      • Pending, StopLoss and TakeProfit orders
      • Back
    • Master's overview
      • Accounts
      • Open positions
      • Closed positions
      • Back
    • Slave's overview
      • Accounts
      • Open positions
      • Closed positions
      • Orders
      • Back
    • Group's overview
      • Groups
      • Group settings
      • Back
    • Two-Factor Auth
      • Code by Email
      • Authenticator App
      • Yubikey
      • Backup codes
      • Back
    • Provider-Follower Cockpit
      • Provider
      • Follower
      • Back

    The Account Settings is used to link your Masters and Slaves accounts and to specify which Masters will copy to which Slaves and with which order size (Risk Factors). You can also define the Maximum Order Size per Masters/Slaves and the Copier Status of the Master/Slave link (On/Off, Open Only, Close Only).

    Setup from the Master view

    When you manage many slaves with a master account, the easiest is to set the Risk Factor going in the…

    When you manage many slaves with a master account, the easiest is to set the Risk Factor going in the tab “Masters -> Accounts” and click on the “Slaves Settings” button for the master of your choice. In the popup window, you can assign the risk factor of your choice for each slave account separately.

    define risk factor master

    Setup Account Settings
    View question

    Setup from the Slave view

    From the Slave perspective, you can define from which Master and with which risk factor the Slave will copy trades,…

    From the Slave perspective, you can define from which Master and with which risk factor the Slave will copy trades, just go in “Slaves -> Accounts” and click on the “Account Settings” button for the slave of your choice.

    In the popup window, you can either define a “Global Risk Factor” that will be used for all the registered masters or you can set risk factors for specific masters only, this setting is located in the "By Master" section.

    The “Global Risk Factor” will be used for all masters that you don’t set a specific risk factor.

    risk factor slave 

    Setup Account Settings
    View question

    Setup from the Group view

    If you are managing dozen of clients with the same risk factor settings you can use our group management tool…

    If you are managing dozen of clients with the same risk factor settings you can use our group management tool in order to set up risk factor in a single place for all your slaves accounts.

    First you need to create a new group with the name of your choice, and then define the risk factor in the “Group Settings” and/or “Symbols Settings”.

    In the “Advanced Account Settings” popup window, you can either define a “Global Risk Factor” that will be used for all registered masters or you can set risk factors master by master. The “Global Risk Factor” will be used for all masters that you don’t set a specific risk factor.

    If you want to copy some symbols with a specific risk factor, you can use our “Symbols Settings” tool and define which risk you would like to take for each symbols separately. It will override any risk factor already defined and if you are trading others symbols not specified in this list the default risk factor will be applied.

    groups settings

     

    Once the configuration of your group settings done, just define this group for all the slaves accounts you want, for this go in “Slaves -> Accounts” and click on the “+” button in the “Group” column next to the account settings.

    slave set groups

    Setup Account Settings
    View question

    Setup from the Symbols Settings

    If you want to copy some symbols with a specific risk factor, you can use our “Symbols Settings” tool and…

    If you want to copy some symbols with a specific risk factor, you can use our “Symbols Settings” tool and define which risk you would like to take for each symbols separately. It will override any risk factor already defined and if you are trading others symbols not specified in this list the default risk factor will be applied.

    You can also apply this filter for all masters or only for one function of your strategy.

    For this, just go in “Slaves -> Accounts” and click on the “Symbols Settings” button for the slave of your choice.

    slave symbols settings

     

    Setup Account Settings
    View question

    Risk Factor type

    The Risk Factor defines the size of the trades that will be copied on your Slave accounts that are linked…

    The Risk Factor defines the size of the trades that will be copied on your Slave accounts that are linked to your Master Account(s). This can be set using different methodologies depending on your preferences.

    risk factor

    Click here to learn more about risk factors management : Risk Factors

    Risk Factor type Account Settings
    View question

    Max Order Size

    The "Max Order Size" in the "Account settings" is the maximum number of lots that can be copied for a…

    The "Max Order Size" in the "Account settings" is the maximum number of lots that can be copied for a single order (not for accumulated positions). This caps the order size.

    max size

    ​If you set a Max Order Size to 10, the maximum lots copied is 10 if there is enough margin, but, of course, if the computed number of lots to copy is smaller than 10, it will copy only this order size computed.

    ​This value does not work like a filter. It means that if the min order size allowed by your broker is bigger than this max trade size, 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.

    ​If you don't set any Max Order Size (default), the system copies the number of lots computed using the Risk Factor, no matter the order size as long as there is enough margin.

    Max Order Size Account Settings
    View question

    Max Account Position Size

    “Max Account Position Size” and “Max Symbol Position Size”: if the cumulated position size on the account or per symbol…

    “Max Account Position Size” and “Max Symbol Position Size”: if the cumulated position size on the account or per symbol would exceed this value it prevents the Trade Copier to copy new open orders.

    If you combine “Max Account Position Size” and “Max Symbol Position Size”, the most restrictive value will be applied.

    For example, if you have defined the “Max Account Position Size” to 0.5, you will be able to open a maximum of 0.5 lot in one direction either buy or sell, that means that you could have at the same time 0.5 lot buy and 0.5 lot sell at the same time, however you will not be able to open a new trade.

    In the case you have already a buy position of 0.4 lot and you copy a new trade of 0.3 lot, this new trade will be capped to 0.1 lot in order to have maximum account position size of 0.5 lot.

    The max position size includes all orders on the account, from any source, not just those created by the Trade Copier.

    max size

    Max Account Position Size Account Settings
    View question

    Max Account Open Count

    “Max Account Open Count” and “Max Symbol Open Count”: if the number of open or pending orders on the account…

    “Max Account Open Count” and “Max Symbol Open Count”: if the number of open or pending orders on the account or per symbol would exceed this value, it prevents the Trade Copier to copy new open orders

    If you combine “Max Account Open Count” and “Max Symbol Open Count”, the most restrictive value will be applied.

    For example, if you have defined the “Max Account Open Count” to 3, you will be able to open a total of 3 positions no matter the trade direction either buy or sell, that means that you could NOT have at the same time 3 buy positions and 3 sell positions.

    The max open count includes all orders on the account, from any source, not just those created by the Trade Copier.

    max size

    Max Account Open Count Account Settings
    View question

    Max Risk %

    The Max Risk % will define the maximum percentage of your balance to risk per trade. If no Stop Loss…

    The Max Risk % will define the maximum percentage 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 "Max 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 "Max Risk %" defined, the Trade Copier will override that Stop Loss in order to respect the "Max Risk %" defined.

    In the case you place a pending order and update the limit price before execution, the Stop Loss will be adjusted accordingly.

    Max Risk % Account Settings
    View question

    Copier status

    The copier status will define if the copy of trading is currently active or not, you can choose to copy…

    The copier status will define if the copy of trading is currently active or not, you can choose to copy all trades, or copy open trades only (Open Only) or close a position (Close Only), or to deactivate the copy (Frozen).

    copier status

    Copier Status Account Settings
    View question
    Duplikium Trade Copier

    HOME

    Register for FREE

    Login

    Cockpit

    HOW TO

    Get started!

    Tutorials

    FAQs

    Web Service API

    FEATURES

    Key Features

    Supported Brokers

    cTrader Brokers

    FXCM

    LMAX

    Screenshots

    Videos

    Our Solutions

    PRICING

    Free

    Flexible Pack

    Prepay

    Add-ons

    MARGIN TRADING DISCLAIMER
    Trading foreign exchange and CFD's on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and CFD's trading, and seek advice from an independent financial advisor if you have any doubts.

    SITE DISCLAIMER
    Trades signals sent through this website are solely those of the customers quoted. They do not represent the opinions of Duplikium on whether to buy, sell or hold particular investments.
    While Duplikium try to ensure that all of the information provided on this website is kept up-to-date and accurate, we accept no responsibility for any use made of the information provided. You agree not to hold Duplikium liable for decisions and trades that are based on information from this website. Duplikium cannot be held responsible for the software, broker or other issues that result in the failure to execute a trade command. It is inherent upon you, the client, to make sure you are aware of when trades have been taken, adjusted or closed.
    The purchase, sale or advice regarding a particular investment can only be performed by a licensed Broker/Dealer. Neither our website nor our associates involved in the production and maintenance of these products or this website is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website.
    Please note that the servers names listed on this website are not a recommendation nor an advertising made by Duplikium. Duplikium is totally independent and has no partnership with any brokers.You have to make your own due diligence when selecting a broker.

    SOFTWARE DISCLAIMER
    Although rare, internet-based trading can involve technical risks related, but not limited to, Internet connection, software or hardware failures or delays. Duplikium implements a backup system to minimize such occurrences, but is not responsible for any losses or missed trading opportunities as a result of communication failures, disruptions or unexpected system failures.

    TRADEMARKS DISCLAIMER
    All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.
    Any product names, logos, brands, and other trademarks or images featured or referred to within the trade-copier.com or duplikium.com website are the property of their respective trademark holders. These trademark holders are not affiliated with Duplikium, our products, or our websites. They do not sponsor or endorse Duplikium or any of our products.
    Duplikium Copyright 2013-2022

    Privacy Policy | Terms of Use | Business Conditions

    www.trade-copier.com | www.duplikium.com | info@duplikium.com
    Duplikium Sàrl registered in Switzerland under CHE-433.550.864, who is registered address is rue de la Serre 4, 2000 Neuchâtel, Switzerland