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Copytrading

Copytrading

The section is designed for managing your own public accounts and subscribing to other public accounts.

Public Accounts

This tab allows you to view public accounts of other users available in the system:

public_accounts_1.png

The following fields are available in the table on this tab:

NameDescription
IDIdentifier of the account to which the subscription is made
NameName of the public account
DescriptionDescription of the public account
Recommended depositRecommended deposit for subscribing to the public account
Subscribers countCurrent number of subscribers to the account
Max drawdownMaximum Drawdown

Name filter is available here, allowing you to find a public account by its name.

When hovering over a row with a public account, a Subscribe button will appear. Clicking it will enable trades copying from the public account to your current trading account. Funds and trading operations on your own account will be blocked.

Please note! If you attempt to subscribe to a public account with insufficient funds in your trading account, the subscription will be paused.

When hovering over a row with an account you are subscribed to, a Unsubscribe button will appear. Clicking it will unlock trading, and all current positions copied from the public account will be closed.

Please note: While in trade copying mode, fund transfers between your accounts and withdrawals remain available. Performing these operations changes the volume of assets traded on the account and modifies the multiplier value used during the subscription.
Also please note: The system will not allow withdrawal or transfer of funds exceeding the minimum subscription amount + 20%.

Public Accounts subscriptions

This tab contains a table with information about subscriptions to public accounts:

public_accounts_subscriptions.png

The table includes the following information:

NameDescription
IDSubscription identifier in the system.
StatusCurrent status of the subscription.
MultiplierRatio of total assets of the subscribed account to the recommended deposit of the public account.
Public accountIdentifier of the public account in system.

When hovering over a row with an account you are subscribed to, a Unsubscribe button will appear. Clicking it will unlock trading, close all current positions copied from the public account, and remove the account from the table.

Subscription Multiplier Calculation

The amount of funds used for subscribing to an account is calculated as follows:

  • If the subscription is made when creating a new account, the available balance on that account is used.
    • If the subscription is made using an existing account, the system performs the following steps:
      1. Balance Check: If the total balance of assets is less than the minimum subscription amount, the message "Not enough money" is displayed.
      2. Subscription Amount Calculation:
      • The minimum subscription amount is subtracted from the Total Assets - 1%.
      • The result is divided by the subscription step and rounded down to the nearest whole number.
      • The resulting value is multiplied by the subscription step and added to the minimum subscription amount.
      1. Multiplier Calculation: The final subscription amount (in the account's balance currency) is divided by the recommended subscription amount.
Important! Subscription is possible for an amount of funds that is no more than 99% of the value of the Total assets indicator.
Example: Balance available on the subscriber's account (account's Total assets): 50,515 (The amount used for calculation is 50,010 USD (50,515 - 1%) Minimum deposit for subscribing to a public account: 50,000 USD Subscription step: 100 USD Recommended deposit for subscription: 200 USD

The calculation is performed as follows: 50,010 (subscriber account balance) - 50,000 (minimum deposit) = 10 10 / 100 = 0.1 (rounded down to zero) 0 * 100 (subscription step) = 0

Thus, a subscriber with a balance of 50,010 USD can subscribe with an amount of 50,000 USD.

The multiplier is calculated as 50,000 (subscription amount) / 200 (recommended deposit): 50,000 / 200 = 250

Example using the full formula: Multiplier = Minimum deposit + ((Subscriber's account balance - Minimum deposit)/Subscription step) rounded down * Subscription step / Recommended deposit Subscriber's account balance (account's Total assets) = 76,667 USD Subscriber's account balance (minus 1%) = 75,900 USD Recommended deposit = 40,000 Minimum deposit = 40,000 Subscription step = 3,000
Multiplier = 40 000 + ((75 900 - 40 000) / 3000) * 3000 / 40 000 = 1.825

Own Public Accounts

This tab contains a table with information about your own public accounts:

public_accounts_own.png

The table includes the following information about your accounts:

NameDescription
IDIdentifier of the trading account in the system
StatusCurrent status of the public account
NameAssigned name of the public account
DescriptionAssigned description of the public account
Recommended depositSet recommended deposit for subscribing to your public account
Subscribers countNumber of subscribers of the public account.
Fee accountAccount in the system to which funds from subscribers of the public account are received.
Subscription typeSubscription type set on the public account.
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