cTrader Copy is Live

burakbirer
01 Nov 2018, 23:32 ( Updated at: 21 Dec 2023, 09:20 )

RE:

Spotware said:

Dear Traders,

We are happy to announce that cTrader Copy, a new copy trading service and a flexible investment platform is now live and is available as a fully integrated feature of cTrader Web 3.0. This will soon replace cMirror.

All the strategies from cMirror are now available in cTrader Copy too, together with their trading statistics. You can find them using the search and start copying. The strategy providers can adjust them as per their preferences using new fee types and minimum investment amount that are currently set to default.

cTrader Copy vs cMirror

cTrader Copy has a number of great features comparing to cMirror. Please refer to the table below for details.

Watch Introduction Video about cTrader Copy

Launch cTrader Copy

 

These are amazing updates! Thanks for keeping cTrader even better everyday. Here is a game changer idea for the industry. I hope you considers this as well;

The problem with signal services is that it's more like scalping rather than fund management. At the moment a hedge fund manager wouldn't provide signals as all are positions are visible to public. At some point even the subscriber might get all his/her knowledge for free. (Subscribe with a 200 USD account and get the positions, unless they are scalping orders this would work) Well, you may say a signal provider (fund manager) might choose who can copy. Here is a solution to that situation which anyone can benefit;

A new type of signal copying style might be added to the cCopy platform (no ideas for naming) which subscriber reserve funds for the signal  but cannot see the open positions until they are realized / closed. 

Signal Subscriber can;
1. Check history of signal provider
2. Access all historical data and analysis 
3. See his funds live profit or live loss
4. Stop copying any time

Benefits for subscriber
Subscriber keeps the money in his/her account while it's managed. Don't have to give funds to another broker or managers account.
Gets a good reliable service from professional managers who wouldn't share positions publicly
Pays only fees or profit based
Cancel anytime (no hedge fund lock-up period)

Benefits for provider;
Provide industry class fund management without scalping
Secure positions
No legal obligations for fund raising yet secure like a hedge fund

Best Regards,
 

equantfx
06 Nov 2018, 08:06

Your suggestions for improvments to CTrader Copy are excellent.  I would also hope to see these in the future.  I am a signal provider on copy and mirror.  The system is ecellent but your suggestions will take the system to a new level.  With these in place the system will be well ahead of the equivalent MT4 copy system.  One other concern with the current systen is that someone could as you say open a small account and in addition to getting knowledge of the system they could potentially open a big account on the side and manually copy trades completely working around the commissions.  Actually  this would disadvantage Spotware since Spotware would lose the mirroring commission they currently take.  It is to the full advantage of Spotware and to Signal providers to implement this functionality.