Help CenterWhat is the Risk Factor?
Risk Factor determines how the Master’s Trade size will be copied to your Slave. Please note that risk factor is a mandatory setting for the orders to copy.
This setting can be found on your Master & Slave’s copier settings. Regardless of where you set it up, Master or Slave, both views will sync.
Learn more about the available Risk Factors here.
What will happen if I define the risk factor in the “All Masters” in the Slave Copier Settings?
If you are setting up the Risk factor on the Slave’s copier settings, you’ll have the option to set it in the “All Masters” section. It’s going to be your default setting for this specific Slave. This function is helpful if you have multiple Masters, and you want the Slave to have the same settings regardless of how many Masters you have or which Master the order comes from.
How to copy the same order (notional) size as the Master?
With Multiplier (Notional), the contract size difference between symbols is considered in the calculation. This way, you are getting the notional value of the order.
To copy exactly the same size (notional) of the order between the master and the slave account, I recommend you use the risk factor Multiplier(Notional) with a value of 1.
How to copy the EXACT LOT size of the Master?
With Multiplier (Lot), the contract size difference between symbols is NOT considered in the calculation. Here, the calculation is purely based on the Master lot size.
To copy exactly the lot size of your Master order, you can choose Multiplier (lot) and enter a value of 1.
I want to risk a % of my Slave. Which Risk Factor to choose?
We don’t have a direct Risk Factor that calculates the lot size by percentage; however, the closest method will be "Auto Risk". It depends on the risk you take on the master trade. If you take a risk of 1% on the master side, you have to use the Auto Risk with a value of 1, if you risk 2% on the master and want to risk 1% on the slave, you have to set the Auto Risk with a value of 0.5.
With Auto Risk value, 1 will take the same risk, 2 twice the risk, 0.5 half the risk,...
How to copy the same risk of my Master?
The Auto Risk method allows you to be exposed to the same level of risk between the Master and the Slave proportionally to the account size. That being said, you can use Auto Risk and enter a value of 1.
Auto Risk Free Margin, Balance, and Equity, what’s the difference?
Auto Risk will always consider the account size difference between your Master and Slave. The Free Margin, Balance, & Equity are merely options of where the Trade copier should base the calculation of Auto Risk. We’ve included the definitions below:
Balance: It’s the total cash available inclusive of profits and losses as well as deposits and withdrawals that occurred in your trading account.
Equity: It’s your balance plus or less the floating profit and loss of your trading account.
Free Margin: It the amount of funds available to open new trades.
I want my Slave trade size to have a fixed lot size
You can select Fixed lot or Fixed unit and define the value.
For example: if you want the lot size to be consistently 0.05 on the Slave regardless of the Master’s lot size, choose fixed lot then enter the value of 0.05. Every time your Master opens an order, the Slave will always open 0.05 lot unless the risk factor is changed.