Other technical questions
Is Close By operation supported?
The Close By operation allows traders to simultaneously close two opposite positions of the same financial instrument. If opposite positions have different lot values, only one of them will be left open.
Unfortunately, the close by method is no supported by our Trade Copier.
What happens if I do not copy StopLoss and TakeProfit?
As soon as the StopLoss (SL) or TakeProfit (TP) is triggered, it will send a market order to close the Slave position. Even if the Slave does not copy the SL or TP in the account directly, the Slave position is closed when the Master position is closed. This is why it is not necessary to copy the SL or TP on the Slave account to follow the Master strategy. However, doing so could result in slippage, but it could avoid wrong trigger of the SL or TP on the Slave.
Does trade copier copy existing trades from master to slave after the initial setup is completed?
Running trades on the Master cannot be copied, only trades occurring after the initial setup are copied.
Can I manually close trades form the Cockpit?
Yes, you can close trades from the Cockpit. Only Slave's trades can be closed from the Cockpit, not Master's trades.
Can I copy protections orders like StopLoss and TakeProfit?
Yes, our advanced fx trade copier can copy all your pending orders like Limit or Stop orders. Moreover, it can copy your StopLoss and TakeProfit, too.
The copy of StopLoss and TakeProfit are available for all the brokers. FXCM doesn't support the copy of pending orders.
Can I copy Pending (limit and stop) orders?
Yes, our advanced fx trade copier can copy all your pending orders like Limit or Stop orders. Moreover, it can copy your StopLoss and TakeProfit, too.
The copy of StopLoss and TakeProfit is available for all the brokers. However, the pending orders cannot be copied on FXCM and LMax.
Can I copy orders only for specific symbols?
Yes, you can use the filters feature to define a Blacklist or a Whitelist of Symbols:
How do you compute the volume? What is 1 standard lot equivalent?
We have to compute the trade volume for two purposes: orders fees for Prepay plan and volume limitation for the Free Plan
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.
Do you offer a web service api to connect our own application to your trade copier?
Yes, we offer a web service api that allow you to connect your own application to our trade copier server. With our web service, you can simply replace the Cockpit to built your own control panel.
With the web service, you can add/update/remove accounts and add/update/remove Risk Factor, etc.
If you want to get access to our web service documentation, please just send us an email at This email address is being protected from spambots. You need JavaScript enabled to view it..