Questions
Topics

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.

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

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

Setting up the risk factor in the cockpit

To start copy trades, you must define at least one Risk Factor type and value to apply between your master…

To start copy trades, you must define at least one Risk Factor type and value to apply between your master and slave account. We offer different ways to define the risk factor.

Click here to learn more how to set up the risk factor in your cockpit: Account Settings

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

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…

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 is 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.

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.

Definition of the "Multiplier"

When using the “Multiplier (Notional)” or "Mutliplier (Lot)" methods, the system will multiply the master trade size by the defined…

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 will be adjusted accordingly. The multiplier will be applied to the notional amount of the master trade size. Here's how we compute it: Master lot size x Master contract size x Multiplier(Notional) / Slave contract size = Slave lot 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 Multiplier(Lot) = 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.

Fixed Lot / Units: 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.

Definition of the "Fixed Lots"

When using the “Fixed Lots” method, whatever the Master trade size is, each trade placed on the Slave account will…

When using the “Fixed Lots” 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 Lots” 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, setting a "Fixed Lots" with a value of 1, will open respectively 1 mini, 1 micro, or 1 standard lot.

Definition of the "Fixed Units"

When using the “Fixed Units” method, whatever the Master trade size is, each trade placed on the Slave account will…

When using the “Fixed Units” 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.

100 000 units represent the equivalent of 1 standard lot with a notional value of 100 000 USD, so for example if you set the Fixed Units to 20 000 this is equivalent to 0.2 standard lot, you can find more examples in the next section.

fixed unit formula

The “Fixed Units” 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 minimum trade size. In this particular case, the system always tries to copy the trade with the minimum allowed value.

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 "Fixed Leverage"

When using the “Fixed Leverage” method, the system will compute the order size to place on the Slave account defining…

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.

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 2013-2021

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