Create a Social Trading Strategy

Creating a Social Trading Strategy

• Navigate to Accounts. Create a trading account to charge rewards (if necessary)
• Scroll down to the Invest accounts tab and click + Become a manager
  
  

A window with the strategy settings will appear.

Specify the following parameters:

Prior to being able to set up a strategy, you must have 2 Live accounts open. Note that 2 different accounts must be selected; 1 reward account (this is where you will receive your profits), and the other the external one (the account you will use to trade).

• Strategy name
• Description: Add a strategy description. Here you can add an image, a link, and use all the tools of a conventional text editor
• Reward account: A trading account to charge reward 
• MetaTrader: Select MT5
• Servers: Select a server
• Account types: Select an account type

Automatically create an account: If you do not want to create an account automatically, select a converted account

The External Account must only have a 100:1 leverage.
Social trading investors' accounts are set at 100:1. So, trades on each account will always be the same.

Enable or disable rollovers (rollovers are the period during which you will be able to make transactions with investments (open or close an investment, withdraw or deposit funds). 

• Rollovers frequency: Set Weekly or Monthly 

Monthly:

• Rollover days: Set the day of the month (from 1 to 31). You can choose one or more days

Weekly:

• Rollover days: Set the day of the week from Monday to Sunday. You can choose one or more days
• Rollovers start time (UTC): Set rollovers start time in UTC. Possible values: 00:00 to 22:00
• Rollovers end time (UTC): Set rollovers end time in UTC. Possible values: 01:00 to 23:00

• Reward type: Share of profit or High water mark. 
• Reward amount: Reward amount as a percentage
• New investments: Possible values: Open only new deals or Open current deals
• Minimal investment amount: Enter an amount equal to the specified value or more.

Enable auto confirmation for investment requests: If this box is checked and rollovers are disabled, investment requests will be processed automatically without waiting for confirmation. If this box is checked and rollovers are enabled, investment requests will be processed automatically, but only during the allowed time period (Rollovers start time (UTC) to Rollovers end time (UTC))

Allow deposits and withdrawals for active investments: If enabled deposits and withdrawals will be allowed for investments, both fully and partially. If disabled, an investor can only create a new investment or close the current investment in full, being unable to deposit/withdraw on an active investment.

Click Create strategy or Cancel to discard the changes.

 A new investment strategy will appear in Invest rating. Strategies are sorted here by yields in descending order.