CopyFX is a copy trading investment platform owned by RoboForex group.
24/7 Live Support

How to connect to Trader


To connect to the Trader means to subscribe to their account. There are three methods of cooperation between Investors and Traders:

Method 1. You pay the Trader a commission based on the volume of profitable transactions you copied from the Trader.

Method 2. You pay the Trader the percentage of the total profit for all transactions you copied from the Trader during your subscription.

Method 3. Free subscription. The Trader chose not to charge any commission, so you don't pay anything for copying transactions of the Trader.

Connect to the Trader

1. Make sure that you’ve chosen "MT4" type of 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 "Subscribe*".

5. Confirm your choice in a pop-up window.

After subscribing to the Trader, you may always check the subscription status on "Your subscriptions" page.

* - If the Trader sets the subscription limits, you will see “Send a request” button instead of "Subscribe". 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 any 1 of 3 available modes and customize a special parameter, which will help you manage your risks more efficiently when copying transactions according to the chosen strategy. The parameter must be nothing but positive, fall within the range of 0.01 to 100.00, and have a precision of two decimal places.

1. Proportional

Description:
Transactions from a Trader's account are copied with the volume, which is automatically defined by the system based on the ratio of the funds (Equity) in the Investor's and the Trader's accounts at the moment each transaction is performed. The parameter acts as an extra multiplier applied to the volume of the copied transaction in addition to the equity ratio.

Calculation:
<Volume copied to Investor> = <Value set by Investor> x <Volume of Trader's Transaction> x ( <Investor's Equity> / <Trader's Equity> )

Example 1:
Parameter value = 1.00
The Trader's Equity = 2,000 USD
The Investor's Equity = 5,000 USD
The Trader opens a position of 2.50 lots -> The Investor copies that position as 1.00 x 2.50 x (5000/2000) = 6.25 lots

Example 2:
Parameter value = 2.50
The Trader's Equity = 8,000 USD
The Investor's Equity = 2,000 USD
The Trader opens a position of 2.00 lots -> The Investor copies that position as 2.50 x 2.00 x (2000/8000) = 1.25 lots

2. Classic

Description:
Transactions from a Trader’s account are copied to Investor's account with the volume defined as a product of a Trader’s initial transaction and the value of the parameter set by the Investor.
In this case, account equities are disregarded.

Calculation:
<Volume copied to Investor> = <Value set by Investor> x <Volume of Trader's Transaction>

Example 1:
Parameter value = 0.50
The Trader opens a position of 2.50 lots -> The Investor copies that position as 1.25 lots (half of the volume in the Trader's account regardless of the equity ratio)

Example 2:
Parameter value = 2.00
The Trader opens a position of 0.75 lots -> The Investor copies that position as 1.50 lots (twice the volume in the Trader's account regardless of the equity ratio)

3. Fixed

Description:
All Transactions from a Trader’s account are copied with the same fixed volume set by the Investor in the parameter. In this case, the parameter indicates a physical quantity (in lots) of the volume to be copied by CopyFX to an Investor’s account regardless of the volume of a Trader’s initial transaction and regardless of the ratio of funds in Investor's and Trader's accounts.

Calculation:
<Volume copied to Investor> = <Value set by Investor>

Example 1:
Parameter value = 0.10
The Trader opens a position of 0.83 lots -> The Investor copies that position as 0.10 lots (regardless of the volume in the Trader's account and of the equity ratio).

Example 2:
Parameter value = 1.50
The Trader opens a position of 0.79 lots -> The Investor copies that position as 1.50 lots (regardless of the volume in the Trader's account and of the equity ratio).

  • A transaction can’t be copied with a volume, which is beyond the minimum or the maximum possible volume for a particular instrument. If a volume to be copied is beyond the valid range, a transaction shall be copied with the minimum or the maximum possible volume respectively.
  • A transaction can't be copied with a volume, which is not a multiple of a relevant trading instrument's volume step. If a volume to be copied doesn't satisfy step criteria, a transaction shall be copied with the volume rounded to the nearest valid volume considering the rounding settings set by the subscriber.

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:

  • You may subscribe to the Trader and copy transaction without installing a trading terminal. Statistics on the copied transactions can be found in your Members Area on the active subscription page.
  • 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.
  • The Equity of your account can’t be less than the value of the minimum deposit specified by the Trader if you want to subscribe to their account.
  • 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.