cTrader Copy Beta Launch
cTrader Copy Beta Launch
08 Aug 2018, 09:52
Dear Traders,
We are happy to announce that we are preparing a release of a new copy trading service, cTrader Copy! cTrader Copy is a flexible investment program. It uses effective technology for trading and analytics, while its equity to equity copying model and diverse fees structure provide traders with transparency and flexibility.
Because we appreciate your feedback, we have created a separate testing environment to allow you to try this new product, its features and tools. Since this is a separate sandbox environment, in order to use it, you will need to register a new cTID to get your testing Live account with virtual money.
Try cTrader Copy Beta version with virtual Broker A or Broker B (there is no difference).
Key Features:
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Equity to Equity Model: The volume that will be copied is defined according to the Strategy Provider’s and Investor’s Equity, taking into account any allocated amount changes due to the deposits and withdrawals of both parties.
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Separate Copy Trading Accounts: Every followed strategy is placed automatically in Separate Copy Trading Accounts, giving Investors a clear view of each strategy performance and making it easy for analysis and risk management.
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Extended Control of Funds:
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Equity Stop Loss can be applied per strategy;
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Investors can Increase or decrease funds allocated to a particular strategy;
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Fees are also calculated for each copying account independently.
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Flexible Payment Fees: Volume Based Commissions, Performance fees and Management fees can be combined or selected individually.
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Minimum Investment Amount allows Strategy Providers can set an entry level for the Investors who wish to follow their strategy.
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Advanced Analytics: Rich insights on performance and behavior of each strategy; the charts, that can be adjusted to specific time periods, display Time Weighted RoI, Balance vs. Equity, Breakdown of Traded Symbols and History of Followers.
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Favorite Strategies: Investors can bookmark Favorite Strategies to watch, monitor and come back to them later.
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Embeddable Strategy Profiles: Strategy Providers can promote their strategies by sharing their strategy profile with an embeddable code to external resources.
Try cTrader Copy Beta version with virtual Broker A or Broker B (there is no difference).
Replies
Spotware
29 Aug 2018, 09:33
( Updated at: 21 Dec 2023, 09:20 )
How to Become a Strategy Provider
For your convenience, please find below a step by step guide on how to become a Strategy Provider in cTrader Copy.
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To become a Strategy Provider, select a trading account from the Accounts list to the left and click it. The Account profile will expand to the right.
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Click Become a Strategy Provider to the upper right of the account profile.
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The Become Strategy Provider form will pop-up.
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In this form, specify:
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Strategy Name - a name of your strategy that will be displayed to the other Investors in the Strategies list.
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Who can see and copy your strategy - Everyone or Traders with Invitation Links only.
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Minimum Investment - a minimum amount of funds required to be allocated to a Copy Trading Account to start copying. Type the number in the box or use toggles.
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Add description to your strategy. Use formatting panel to format the text, add images and links. This description will be displayed to the Investors in the Strategy profile.
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For Live accounts, you can also set amount of fees:
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Volume Fee - an amount you will charge your followers per deal (up to 100 USD).
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Performance Fee - an amount you will charge your followers on Net profit made using a High-Water Mark model (up to 50%).
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Management Fee - an amount you will charge for managing the followers’ funds (up to 10% of the followers’ equity).
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When done, click Become a Strategy Provider to confirm your action.
Now your strategy is being provided to the Investors - you can see the Provider icon in the account preview.
@Spotware
sifneos4fx
29 Aug 2018, 15:02
( Updated at: 21 Dec 2023, 09:20 )
RE: How to Become a Strategy Provider
Hello Panagiotis,
Is there a list of brokers available that plan to offer cTrader Copy?
Best,
Patrick
Spotware said:
For your convenience, please find below a step by step guide on how to become a Strategy Provider in cTrader Copy.
To become a Strategy Provider, select a trading account from the Accounts list to the left and click it. The Account profile will expand to the right.
Click Become a Strategy Provider to the upper right of the account profile.
The Become Strategy Provider form will pop-up.
In this form, specify:
Strategy Name - a name of your strategy that will be displayed to the other Investors in the Strategies list.
Who can see and copy your strategy - Everyone or Traders with Invitation Links only.
Minimum Investment - a minimum amount of funds required to be allocated to a Copy Trading Account to start copying. Type the number in the box or use toggles.
Add description to your strategy. Use formatting panel to format the text, add images and links. This description will be displayed to the Investors in the Strategy profile.
For Live accounts, you can also set amount of fees:
Volume Fee - an amount you will charge your followers per deal (up to 100 USD).
Performance Fee - an amount you will charge your followers on Net profit made using a High-Water Mark model (up to 50%).
Management Fee - an amount you will charge for managing the followers’ funds (up to 10% of the followers’ equity).
When done, click Become a Strategy Provider to confirm your action.
Now your strategy is being provided to the Investors - you can see the Provider icon in the account preview.
@sifneos4fx
PanagiotisCharalampous
29 Aug 2018, 15:51
Hi Patrick,
Brokers currently offering cMirror will most probably offer cTrader Copy as well. But this has not been finalized yet.
Best Regards,
Panagiotis
@PanagiotisCharalampous
Spotware
29 Aug 2018, 09:31 ( Updated at: 21 Dec 2023, 09:20 )
How To Start Copying in cTrader Copy
For your convenience, please find below a step by step guide on how to start copying in cTrader Copy.
To start copying, select a strategy you would like to copy and click Start Copying to the right. Alternatively, click on a strategy and use the Start Copying button to the upper right of the Strategy profile page.
The Start Copying form will pop-up.
In the Start Copying form, select your account from the drop-down and specify the amount of funds to allocate from it by typing or using toggles. If only one account is linked to your cTrader ID, then there will be no alternative option for account selection. Make sure that the allocated funds amount is equal to or higher than the Minimum Investment specified below.
* Note that if your account leverage is lower then the Strategy Provider’s leverage, then there’s a chance that your margin will not be enough to copy all the trades of this strategy and you may reach the Stop Out earlier than the Strategy Provider.
Hover the cursor over the Information icons to learn the detailed information on the Fees and Conditions before you start.
When done, click Start Copying.
Now the allocated funds from your account are converted into a Copy Trading Account and you have started copying the strategy. All the open positions of the strategy have opened for you with the current market rates. The Copy Trading Account is now displayed in the Accounts list under the account you have allocated the funds from.
Click on a Copy Trading Account preview to proceed to the Investment profile or use the Settings icon to the right to manage it.
@Spotware