Copied position size depends on your selected CopyTrader App copy mode and the account and instrument settings. The final volume must also meet the instrument's minimum lot size, maximum lot size and volume step, which is the permitted increment between trade sizes.
How does Equivalent Used Margin work?
Equivalent Used Margin calculates the copied trade size using the margin and account conditions of both the Signal Provider and the Copier. This allows the position size to be adjusted for differences between the two accounts rather than simply copying the provider's lot size.
The calculation takes into account:
Account conditions: Balance and leverage of both the Signal Provider and the Copier.
Product conditions: Contract size and margin percentage applicable to each account.
Trade details: The Signal Provider's lot size.
Currency: The relevant currency used in the calculation.
Because these conditions may differ between the Signal Provider's and the Copier's accounts, the copied trade volume may be different from the Signal Provider's original volume.
For example, when the relevant account conditions are the same, the resulting position sizes may appear proportionally related to account size. However, the actual calculation uses the applicable margin and account parameters.
How does Fixed Lots work?
With Fixed Lots, you select the lot size used for copied trades, regardless of the provider's original volume. The available range is 0.01 to 100 lots, subject to applicable trading conditions.
For example, if you set the fixed lot size to 0.01 lots, eligible copied trades use the selected fixed volume regardless of the Signal Provider's original position size, subject to applicable volume requirements.
How does Fixed Multiples work?
Fixed Multiples calculates your copied trade size by multiplying the Signal Provider's trade volume by your selected multiplier. The available range is 0.1 to 50 times the provider's volume.
For example:
A multiplier of 0.5 reduces the copied position to approximately half of the Signal Provider's trade volume.
A multiplier of 1 copies the same trade volume.
A multiplier of 2 copies approximately twice the trade volume.
Please note that the multiplier affects both potential trade gains and losses. A higher multiplier increases your position size and the margin required to open and maintain positions.
A multiplier above 1 may result in gains or losses that are greater than those of the Signal Provider, depending on the applicable account and trading parameters.
The resulting position remains subject to the instrument's applicable minimum, maximum and volume-step requirements.
What can change the final copied volume?
The final copied volume can differ from the theoretical calculated volume because of applicable trading conditions.
Differences in leverage, account type, account currency, margin requirements and product conditions can therefore cause the copied volume to differ between the Signal Provider and Copier. Other account or product conditions may also affect whether a copied position can be opened.
For volumes that fall below the applicable minimum, the result may depend on whether the Lot Round Up function is enabled or disabled.
How does Lot Round Up work?
Lot Round Up is available only in Equivalent Used Margin mode. It does not apply to Fixed Lots or Fixed Multiples.
Enabled: If the calculated volume is below the product's minimum tradeable lot size, it is rounded up to that minimum. The trade opens only if the other trading conditions are met.
Disabled: If the calculated volume is below the minimum tradeable lot size, the trade is not copied to your account.
What if a copied volume looks incorrect?
Contact Moneta Markets Trading team: tradingenquiry@monetamarkets.com and provide your copy trading account number, the Signal Provider, the affected trade or order ticket, selected mode and details of the issue.