Adding extra layer of security with Two Factor Authentication

6 min. readlast update: 07.11.2024

Two-Factor Authentication (2FA) adds an additional layer of security to your Trade Copier account, ensuring that only authorized users can access it. First, you will enter your username and password. Then, instead of immediately gaining access to your account, you will be required to provide another piece of information.

This 2FA is optional but we highly recommend using it in order to add an additional level of security.

You can define a two-factor authentication going in the menu MyAccount -> Two-Factor Auth

undefined

You can choose from the following four options:

  1. Code By Email

    You can set up Two-Factor Authentication (2FA) to receive a 6-digit code by email, this means that at every logging you will receive a code by email and be prompted to enter it in order to log in to your cockpit.

    How you can set Code By Email: 

    1. Go to your 2FA Settings and click on “Code By Email”.
    2. You can indicate a friendly title for this 2FA method (you will see it when logging in so don't put any secrets in it). Then you have to indicate if this should be the default 2FA when you log in to the site, we recommend ticking this option.
      two_factor_auth_email_confirm
    3. An email will be sent to the email address you used when creating your profile. Copy the 6-digit code. If you did not receive an email, please check your email by going to your profile account. 
    4. Go back to your cockpit & your 6-digit code.

      two_factor_auth_email_code
    5. Click on submit. 

    To edit:

    Go to Code By email page and click on the edit icon. 

    To delete/turn it off:

    Click on the trash icon on the Code by email page. 

    two_factor_auth_email_edit

  2. Authenticator App

    You can set up Two-Factor Authentication (2FA) using Google Auth which uses a 6-digit code generated by an app every 30 seconds, this means that at every login you will have to enter a code provided by an app that has been downloaded previously and you will be prompted to enter it or to scan a QR code in order to login to your cockpit.

    How you can set Authenticator App:

    1. Go to your 2FA Settings and click on “Authenticator App”.
    2. You can indicate a friendly title for this 2FA method (you will see it when logging in so don't put any secrets in it). Then you have to indicate if this should be the default 2FA when you log in to the site, we recommend ticking this option.
    3. If you don’t have an authenticator app yet, the download link & instructions can be found here: Get verification codes with Google Authenticator - Android - Google Account Help
    4. Once you have your Authenticator App open, scan the QR or enter the key shown in the setup window.
    5. Enter the 6-digit code prompted in your Authenticator app to the setup window. 
    6. Click on confirm.
      two_factor_auth_app_select

    To edit:

    Go to the Authenticator App page and click on the edit icon. 

    To delete/turn it off:

    Click on the trash icon on the Authenticator app page. 

  3. Yubikey

    You can set up the Two-Factor Authentication (2FA) to use YubiKey, a hardware secure token, this means that at every login you will receive a code on your YubiKey and be prompted to enter it in order to login to your cockpit. You can learn more about YubiKey on their website here.

    How to set up Yubikey:

    1. Go to your 2FA Settings and click on “Add a new Yubikey”.
      two_factor_auth_yubikey_select
    2. You can indicate a friendly title for this 2FA method (you will see it when logging in so don't put any secrets in it). Then you have to indicate if this should be the default 2FA when you log in to the site, we recommend ticking this option.
      two_factor_auth_yubikey_edit

    3. You will receive a code on your YubiKey account.

    4. Go back to the cockpit and enter the code.

    5. Click on confirm.

    To edit:

    Go to the YubiKey page and click on the edit icon. 

    To delete/turn it off:

    Click on the trash icon on the YubiKey page.

  4. Backup codes

Backup Codes could be used in case of emergency access if you get locked out. Each of the listed codes can be used only once, you can use them in case of emergency when none of the other Two Factor Authentication methods you've set up can be used. For example, if your phone is out of battery or misplaced.

How o set up Backup Codes:

    1. Go to your 2FA Settings and click on “Backup Codes”.
    2. A new window pop up then print/copy the codes list and save them in a secure place.
      two_factor_auth_backup_code
    3. We recommend generating a new set of backup codes regularly to avoid any abuse or if you think your backup codes are compromised, e.g. someone got hold of a printout with them, or if you are running low on available backup codes.
      two_factor_auth_backup_code_edit
Was this article helpful?