CopyFX is a copy trading investment platform owned by RoboForex group.
+65 3158 8389

24/7
Live Support

How to connect to Trader

To connect to the Trader means to subscribe to his/her offer. There are three methods of cooperation between Investors and Traders:

Method 1. You pay the Trader a fixed commission for each profitable transaction copied from his/her account.

Method 2. You pay the Trader a fixed percentage of the total profit for all profitable transaction copied from his/her account during the period of the offer.

Method 3. You don’t pay the Trader any commission for transactions copied from his/her account.

Connect to the Trader

1. Make sure that you’ve chosen "Investor" type of CopyFX account. You can do it by looking at the information block with the list of your accounts in the right part of the screen.

2. Go to "Rating" section.

3. Choose the Trader, who you think is the best for you and enter his/her profile (click on the name).

4. Choose the necessary settings in "Transaction copying mode" window and click on "Subscribe to the offer*".

5. After subscribing to the offer, you can always view its status on "CopyFX settings – Your Subscriptions" page.

After subscribing to the offer, you can always view its status on "CopyFX settings – Your Subscriptions" page.

* - If Trader's subscription is limited, you will see "Make a Request" button instead of "Subscribe to the Offer". After you pressed this button, a Trader will receive a message containing your request to decide if to accept or to decline it.

Read about available Trades copy modes

You can choose from 5 modes:

1. Test

Transactions from the Trader’s account are copied to your account in the amount of 0.01 lots  .

Example:
The Trader’s transaction <Buy 3.0 lots EURUSD> = the Investor’s transaction <Buy 0.01 lots EURUSD>.

2. Flexible *

Transactions from the Trader’s account are copied to your account in some particular percentage ratio to their real volume. You can choose - from 10% to 90%.

Example:
The Trader’s transaction <Buy 3.0 lots EURUSD> = the Investor’s transaction in flexible mode with the value of 50% <Buy 1.5 lots EURUSD>.

3. Standard

Transactions from the Trader’s account are copied to your account in the full amount.

Example:
The Trader’s transaction <Buy 1.0 lot EURUSD> = the Investor’s transaction <Buy 1.0 lot EURUSD>.

4. Risky *

Transactions from the Trader’s account are copied to your account in some particular percentage ratio to their real volume. You can choose from:

  • If the ratio between the Investor’s and the Trader’s equities is less or equal 10, then the Investor can choose the value from 125% with the step of 25%, but not more than (the Investor’s equity / the Trader’s equity) * 100%.
  • If the ratio between the Investor’s and the Trader’s equities is more than 10, then the Investor can choose the value from 150% with the step of 50%, but not more than (the Investor’s equity / the Trader’s equity) * 100%, with the limit of no more than 10,000%.

Example:
The Trader’s transaction <Buy 3.0 lots EURUSD> = the Investor’s transaction in risky mode with the value of 150% <Buy 4.5 lots EURUSD>.

5. Proportional *

Transactions from the Trader's account are copied in the amount, which is automatically defined by the system based on the ratio between the funds on your and the Trader's accounts at the moment the transaction is performed.

Using this copying mode, you can set an additional coefficient (multiplier), which will help you to manage your risks more efficiently when copying transactions according to the chosen trading strategy. The multiplier can be nothing but positive. In case the multiplier is a decimal fraction, two decimal places are taken into account.

Example 1:
The Trader's Equity: 2,000 USD. The Investor's Equity: 5,000 USD.
The Trader's transaction of 1 lot will be copied in the proportional mode in the following volume:

<The Investor's Equity> / <The Trader's Equity> * <The volume of the copied transaction> =
5,000 / 2,000 * 1 = 2.5 lots

Example 2:
In case the Trader deposited his account, and the Investor withdrew funds, the Investor won't have to make any changes to the copying mode, because the volume to be copied will be automatically defined by the system based on the same formula.

The Trader's Equity: 8,000 USD. The Investor's Equity: 2,000 USD.
The Trader's transaction of 1 lot will be copied in the proportional mode in the following volume:

<The Investor's Equity> / <The Trader's Equity> * <The volume of the copied transaction> =
2,000 / 8,000 * 1 = 0.25 lots

* - Transactions in these modes can’t be copied in the volumes, which are beyond the minimum and maximum possible values. If the copied amount is beyond the specified range, the transaction will be copied at the minimum and maximum possible values respectively.

Learn more about your possibilities and limitations

Before connecting to the Trader, we recommend you to learn more about your possibilities and our current limitations:

  • The Trader you’re connecting to must have at least one active offer.
  • You can subscribe to Trader’s offer and copy his transactions without installing trading terminal. Statistics on copied transactions can be viewed on the active offer page in your Live Account.
  • Be careful when subscribing to the Trader, whose account type is different from yours: because of the difference in accounts' parameters, the risks to lose your entire deposit are increasing.
  • In order to subscribe to the offer, the Equity on your account can’t be less than the minimum deposit, specified in the Trader’s offer.
  • At the moment, only Buy and Sell orders are available for copying in CopyFX. The Investor can’t copy from the Trader’s account pending order, as well as Stop Loss and Take Profit levels.