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The gain of the trader is calculated by the time-weighted return formula which is a common method for calculating investment return. Note that profits from copying are excluded from a trader’s gain so that a trader’s gain is indicative only of their own performance.
Our Copy feature is designed to work in a simple, yet effective way for maximize your trading experience. When you copy a trader each time he/she opens a position, you will copy the same position in your trading account with the amount you specified as “investment per trade”. You will make an equal investment for all your trades and will be able to update your trading preferences at any time from our website or mobile apps.
Visit our Traders page to find all traders on our platform and click on a trader’s Profile to find out more about their trading performance. You can assess a trader based on their: – Lifetime graph of the gain – a trader’s performance over the entire period of their trading history. The gain does not include profits generated by copying other traders. – Maximum drawdown – the maximum percentage by which a trader’s account has decreased over the period. – Number of trades – the greater the number of trades opened by a trader, the most reliable the statistics would be. Note that past performance is not an indicator of future profits. – Copy/Manual – ratio of Copied vs Manual trades. When you copy a trader you are only copying the trades that they open manually and not the trades they copy from other traders. Watch our tutorial on How to pick a trader to copy.
The Risk Level is an indicator of a trader’s aptitude towards risk. To measure the risk we use the variation (corrected sample standard deviation) of the account daily returns over the life of the account. An account with wider variations in the day-to-day returns, is considered more risky than one with smaller variations. We use a sigmoid function to squash the standard deviation number into a discrete scale from 1 to 5 (1 - lowest risk, 5 - highest), which we call "risk level".
The win ratio is a ratio of the total number of winning trades (closed) to the number of losing trades. For example, if you made 30 trades and of them 12 were winners 18 were losers, your win/loss ratio would be 2:3. Your probability of success would be 40%.
To start copying a trade, simply click on the “Copy” button located under the trader’s summary or within the trader’s profile. Once you click the Copy button a pop-up will appear where you can set the rules for copying this trader. You need to set the initial investment per trade. This will be the amount of margin that you will use from your account to copy trades. The minimum “Position value” when trading currency pairs is 1 000 units and with leverage 1:200 you need to set the “Investment per trade” to a minimum of 5 EUR. Now every time this trader opens a trade it will be copied and executed in your account as well using 5 EUR from your account as margin. If 5 EUR is below the minimum margin required the trade will not be executed. Whatever the trader you copy has set as Stop Loss or Take Profit levels will be automatically applied to your trade as well. So if the copied trade does not have a Stop Loss and you believe it should, you would need to update your trade manually. Any Pending orders created by the traders you copy will be created in your own account too with the same parameters. If a copied trade is closed by the trader you are copying the trade will be closed in your account also. Alternatively, you can close any copied trade manually from our web and mobile platforms. You can also watch our video tutorial on How to Copy a Trader.
This will be the amount of margin that you will use from your account to copy trades. For example, if you copy a trader with Investment per Trade 10 EUR, each time the trader opens a position, we will allocate 10 EUR of your margin to copy the same trade.
Once a trader you are copying opens a trade and it is executed in your real or demo account too and it will appear in the Social Web Trader under Open Positions tab. You can sort trades by Origin to separate copied trades from those that you executed manually.
You can stop or edit your copying preferences from My Dashboard page on our website. If you are using a Mobile App, you can do so from the Traders menu on the app.
We process withdrawals to bank accounts, credit/debit card, Skrill and Neteller. Please note that your withdrawal (full/partial) shall be settled using the same deposit method the company originally received the funds from. In the event that the company is unable to do so (for any reason) the company will suggest an alternative payment method.
Yes, you can copy with either demo or real account
No, copying other traders is free of charge on our platform. Tradeo profits mainly from the spread which is the difference between the sell and the buy price of an instrument.
Yes, there is no limit on how many traders you can copy. We advise you to copy and trade responsibly at all times. Make sure that the number of traders that you copy is adequate to your account balance and available margin.
The Traders page allows you to search for traders, check other traders performance and their popularity so you can make better decisions on who to copy or follow. From the Traders page you can also start copying and following other traders.
Tradeo’s Traders are real people like you, from all over the world, and who knows - maybe your neighbor. All traders in our community who trade with real account, go through account verification process to confirm their identity.
Please contact our team by sending an email to email@example.com