Risk Types

Fixed Lot

Use case - You want every trade to open at the same lot size

Description - A fixed lot value that will be taken on the slave account, the value entered here will be the lot size for every trade.

Lot Multiplier

Use case - If you calculate your risk per trade based on Lot sizes, you likely need the Lot Multiplier.

Description - Our Lot Multiplier will multiply the lot size between the Master and the Slave. A 100% Lot Multiplier will match the lot size exactly.

For example, if the master is taking a position of 10 Lots, and the lot multiplier is configured to 100%, the slave will also take a position size of 10 lots. If the percentage is entered as 50%, the master trade would be 10 lots and the slave would be 5 lots, further, a percentage of 150% would mean a master trade of 10 lots would be taken as 15 lots on the slave.

Balance Multiplier

Use case - If you calculate your risk per trade based on a % of your balance, you likely need the Balance Multiplier.

Description - Our Balance Multiplier will multiply the balance % risk between the Master and the Slave. A 100% Balance Multiplier will match the % risk exactly.

For example, you open a trade on your master account based on a % of the account balance, and you wish to risk a % of you slave balance. A Balance Multiplier of 100% will match the account risk %, if you place a 1% risk trade on your master, with a Balance Multiplier at 100%, your slave trade will also risk 1%.

Balance Multiplier at 50% would half the risk, for example, a 1% risk trade would copy as 0.5% risk, further, a Balance Multiplier at 200% will double the risk, meaning a 1% risk trade will copy at 2%.

Fixed Balance Multiplier

Description - The Fixed Balance Multiplier is designed for users who wish to compound their slave account balance. This option will override your master account balance, and your copier will always be based off of the same "fixed" master balance.

As an example, you trade an EA that is designed to run on a $100,000 balance, you then copy to your slave account. As the slave account balance grows, so does the master account running your EA, therefore, you will always copy the same lot size or there about.

With the fixed Balance Multiplier you can set a fixed master balance of, for example, $100,000. Meaning as your master and slave balance grows, the risk calculation will always be based off of $100,000. Therefore, your slave account lot size will grow as the slave balance grows, allowing you to compound the slave account.

Fixed % Risk (BETA)

NOTE - When using this trade setting your master trade must contain a Stop Loss, without it, the copier cannot calculate your lot size for the correct risk.

Descriptions - The Fixed % Risk option allows you to define a percentage of your slave account balance you wish to risk per trade. As an example, if your balance is $100,000 and you risk 1%, your trade risk will be $1000 per trade.

Please be aware this risk setting is currently in BETA, it's recommended you test with Pending Orders initially, confirming the lot sizing is as expected.

Updated on: 20/11/2024