Copy Trading by MTrading is an automated service with the most profitable traders to follow. Join as a copy master or as a subscriber to earn with the tightest spreads and other inviting trading conditions.
Enter Forex markets easily! Save your time and copy deals of successful traders automatically.
To become a Copy Subscriber, follow these simple steps: 1. Open a new live account from your Dashboard, click Show all, Choose Invest Type - Copy subscriber, then Save. 2. Click on your account, then click on Master rating, choose a Copy master, then click Copy Now.
Click on your copier account on your dashboard. You will see all your subscriptions. Review them, select the strategy to unsubscribe from and click Unsubscribe.
You can copy up to 100 Copy masters at once! By copying different masters, you can diversify your investments.
You can select the allocation type to specify the proportion in which you’re going to Copy master's positions. The formula helps to calculate the volume (in lots) of the subscriber’s position. If you would like to increase the ratio between your investments and the master’s strategy, then change it in the Ratio field. Here are the allocation formulas: By Balance: Subscriber lot = Trader lot * (Subscriber balance / Trader balance) By Balance * Ratio: Subscriber lot = Trader lot * (Subscriber balance / Trader balance) * Ratio By Equity: Subscriber lot = Trader lot * (Subscriber equity / Trader equity) By Equity * Ratio: Subscriber lot = Trader lot * (Subscriber equity / Trader equity) * Ratio By Ratio: Subscriber lot = Trader lot * Ratio By Free Margin: Subscriber lot = Trader lot * (Subscriber free margin / Trader free margin) By Fixed Lot Allocation: Subscriber lot = Ratio Example 1: Fixed Lot Allocation (Subscriber lot = Ratio). If you set fix lot = 0.03 then all the master's positions will be copied by volume equal to 0.03 (for DJ/NQ/SP/Oil indices, the minimum trading volume is 0.1). In this case, 0.03 lot will be opened for the Subscriber. Example 2: Allocation by Ratio (Subscriber lot = Trader lot * Ratio). Let’s assume the copying ratio for the subscription is Ratio = 2. A master opens a position Trader lot = 0.5 Then, Subscriber lot = 0.5 * 2 = 1.0 lot will be opened for the subscriber.
More information here.