In most cases, the ROI chart doesn’t show any dynamics because during the time period you are looking at it, there was no activity. Try reconfiguring the time period to a longer time frame. If there is still no information and you believe it is not due to this reason, please report it to us.
When you are copying a strategy you can still trade yourself but using another trading account. You cannot trade yourself using a Copy Trading Account.
Yes, it is possible to follow Demo strategies with your Live account. However, you should be aware that because the Strategy Provider is using a Demo account, this could affect their judgment and behavior.
It depends on what a Strategy Provider wishes to charge for his strategy. Some may not charge anything providing Free strategies, and some may charge Performance Fee, Management Fee, and Volume Fee in any combination depending on what they think their strategy is worth, and what they think the investors would pay for it. Before you start copying a strategy you can check the amount of fees you are going to pay on the Start Copying button of a strategy.
A Provider can stop providing a strategy that you are copying at any time. In this case, all your copied open positions will be closed and all the unrealized Performance and Management Fees will be realized. Your Copy Trading Account preview status will be changed to Stopped. The stopped strategies can be restarted by a Provider and can be copied again by an Investor unless they are not removed. You can still withdraw funds from your Copy Trading Account and remove it from the Accounts list by unchecking the Stopped status in the Accounts list filter to the upper right.
All the positions that your Strategy Provider has opened on your behalf, are listed in the Positions table of your Investment profile, just like they would be if you had opened them yourself. But you can only view them. The only way to close them is to stop following the strategy. After that, all the open positions in the list will be closed.
When you start copying a strategy, the allocated funds from your account are being converted into a Copy Trading Account. It means that you can allocate funds for as many Copy Trading Accounts as your account balance will allow you to. There is no limit on how many strategies you can follow with the Copy Trading Accounts allocated from one cTrader account. Technically, you can only be limited by your account balance and margin.
When you stop copying a strategy, all open positions copied from that strategy will be closed for your Copy Trading Account and the unrealized Performance and Management Fees will be realized after all the positions are closed. This is because you cannot receive a close signal once you have stopped copying.
Yes, there is a built-in option in cTrader Copy to communicate with a Strategy Provider via messages. You can find the message icon next to the Strategy Provider name to the top of the Strategy profile. Also, some Strategy Providers display their email address publicly in the description of their strategy. In this case, you can also feel free to contact them via email.
The protections (Stop Loss and Take Profit) are not copied by the Copy Trading Accounts, but the closing signal of the strategy is copied. Therefore, if a Stop Loss or Take Profit protection is executed for a Provider and the respective position is closed, then this position will also be closed for the follower.
If a strategy provider’s account or a strategy follower’s account balance has changed (any balance operation occurred on the follower’s or provider’s account), then cTrader Copy changes the follower’s positions to implement the equity-to-equity algorithm. In this case, the follower’s Copy Trading Account history may log the trades that do not exist in the Strategy Provider’s account history.
If there are not enough funds on a follower’s account, or if the follower doesn’t have the trading instruments that the strategy provider was operated with, then the respective trades of the Strategy Provider’s account won’t be copied and therefore won’t be logged in the follower’s account history.
If the follower’s account leverage is lower then the Strategy Provider’s leverage, then there’s a chance that the follower’s free margin will not be enough to copy all the trades of this strategy, and the follower’s account may reach the Stop Out earlier than the Strategy Provider. Such trades may not be copied as well, therefore won't be logged in the Copy Trading Account history.
One strategy can be copied by 300 Demo and 300 Live accounts only at the moment. Once the number of followers reaches the maximum number, then no new followers can copy such a strategy.
When copying a strategy, all the fees the Investor will be charged are displayed in the Copying Strategy profile tables. The Performance Fee and the Management Fee are displayed in the Transactions table. The Volume Fee can be found in the History table, and the unrealized Volume Fee can be found in the Positions table. Note that the Volume Fee and the Unrealized Volume Fee columns are disabled by default. Right-click on any column heading and select the column you would like to add from the drop-down.
The commissions that you owe will be converted from USD into your account’s home currency using the actual rate at the time of processing (Midnight UTC).
Everyone who is logged in with his cTrader ID credentials can see your strategies in the Strategies list and search them by name unless your strategy is shared with traders with the Invitation link only. In this case, your strategy is only visible to the traders with the invitation links which you provide. Learn more from the Invite in Strategies section.
Yes, you can make your strategy private and share it via a link directly with your followers. Only a user with the direct link you provide will be able to follow your strategy. Please learn more from the Inviting in Strategies section.
There is no limit to the number of Strategies you can create. You will need to create a new trading account with your broker and link it to your cTrader ID, and become a Strategy Provider with this account, just like you did with your other trading accounts.
Yes, you can copy other strategies while providing your strategy for copying. It is possible due to the Copy Trading Account allocation - when you start copying a strategy, the allocated funds from your account are being converted into a Copy Trading Account which doesn’t interact with the main account which can at the same time provide a strategy for copying.
No, it is not possible to contact your Investors. They will always be anonymous to you unless they email you directly.
No, all the Limit Orders, Stop Entry, Take Profit, and Stop Losses are hidden. Only open positions and closed deals are visible inside your strategies profile. No one can copy your trading intentions.
Yes, you can stop providing a strategy at any time and then manage it, restart again, or remove completely. But note that if there are any Investors currently copying your strategy, all the open positions within your strategy will be closed for them when you stop it.
You can trade on your strategy providing account from any application of the platform you want. All trades placed on your account will be copied automatically by your followers.
It depends on what you consider your strategy is worth and what you think the other Investors would be willing to pay for it. Technically, you may set 0 for all fees so that your strategy followers won’t be charged and your strategy will be marked as Free. But when you become a Strategy Provider you are allowed to set all three types of fees - the Management Fee (up to 10% of your strategy Investor equity), the Performance Fee (up to 50% of your strategy Investor’s Net profit), and the Volume Fee (anything between 1 to 100 USD per million volume).
Fees are paid to the Strategy Providers in the form of a deposit by a broker. The deposit will be identified as strategy copying fees. Your broker will reimburse you at midnight (UTC) each day for all realized fees from all the Investors from all Brokers.
No, Spotware doesn't charge any fees from the Strategy Providers for providing the strategies.
It is not possible to configure the type of volume in which you charge for your strategy, everything is converted into units of USD volume.
Should you encounter any difficulties while using any of the Spotware products, please use our forum here to contact us. Note that the more information on the problem is provided (detailed description, screenshots, etc.), the faster your issue will be solved.