Account Settings

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

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

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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 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.

risk factor slave 

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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

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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

 

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Risk Factor type

The Risk Factor defines the size of the trades copied on your Slaves accounts when you link a Slave to a Master to copy trades. This can be set using different methodologies depending on your preferences.

risk factor

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

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Max Order Size

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.

​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.

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Copier Status

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

copier status

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