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Where I can see the volume of orders copied to my Slave Account?
The "Meter Icon" found on the Slave Accounts view shows the volume of orders copied to a specific Slave account and the fees associated with those trades (Fees are only calculated for accounts with a Prepay Plan).
The volume calculation displays daily, weekly, monthly, and yearly. To access, go to Slaves > Accounts and click the meter icon.
We have to compute the trade volume for 2 purposes: order fees for Prepay plan and volume limitation for the Free Plan.
# of Orders:
It's the total number of open and closed orders copied to a Slave account.
Volume (EUR) Computation:
The volume is always expressed in EUR and is the notional value of the order. Usually, a standard lot is 100'000 units. For instance, 2 EUR/USD lots is equivalent to 200'000 EUR. 1 lot of USD/CHF is equivalent to 89'000 EUR (if EUR/USD rate is 1.1235). The trade copier always takes the current market rate to convert the volume in EUR.
Fees and Prepay:
The Prepay fees are computed on a per order basis.
1 trade = 2 orders (1 open + 1 close)
For every 100'000 EUR, the charge is 2 EUR for accounts with a Prepay plan regardless of the traded instrument. The max daily fee is 5 EUR on the Slave.
Master(s) Prepay fees are calculated per the number of orders copied.
.05 EUR per order or .10 EUR per trade (open +close) and a daily fix fee of .1 EUR.
For example, 10 orders of 0.5 lot = 5 lots => 5 lots * 2 EUR = 10 EUR (but capped to 5 EUR max per day per slave)
For accounts with a Flexible Plan, fees are not accounted for as this plan is set up for unlimited trading (without cap). The # of Orders and Volume (EUR) are displayed for informational purposes only.
What information can I get from the Reporting Tab?
Can I export data from my Trade Copier Account to Excel?
The "Excel" button is available on almost every tab in the cockpit. To extract data, simply go to which tab you'd like to pull the data from, and click the "Excel" button. You can also manage which columns to extract through "Column Visibility".
For example, you'd like to export the data shown in the Orders tab.
1.) Go to Slaves > Orders
2.) Optional: Click on the Column Visibility button if you'd like to exclude some columns to export.
3.) Click the Excel button to begin the export.
4.) Save the excel file.