What is Fixed Size, Mirror Master Size and Risk and Proportional by Equity?

Below, you will find detailed explanations of the terms related to Fixed Size, Mirror Master Size and Risk and Proportional by Equity. These definitions are designed to help clarify the concepts and ensure a better understanding of their usage.

• Fixed Size = all copy trades are fixed to one trade size. For example: if a user selects 0.5 lots, all copy trades will be fixed to 0.5 lots.
• Mirror Master Size = All your trades will be the same size as the Master or Signal Provider, irrespective of account size. For example: Signal places a trade at 0.3 lots, and copier places a copy trade at 0.3 lots despite having a smaller account.
  • Mirror Master Risk means the trade size will change, depending on the amount of equity in your account. For example: Signal ($10,000 account), copier ($1,000 account). The account size difference is 1/10th the size of the signal. The signal places trade at 1 lot (if proportionality is set to 1), and the copier will mirror the trade at 0.1 lot, which is 1/10th the size of the signal trade.
• Proportional by Equity = trade size is proportional to account equity. Copiers can reduce or amplify their exposure to the size of trades.

You can also watch the video below for guidance on configuring your risk settings with copy trading.