Spotware introduces the cTrader Copy offer

Trading platform from Spotware, cTrader, was expanded with the transaction copy module - cTrader Copy. The purpose of its introduction is to completely replace the cMirror application and change the product policy assuming the integration of all functionalities in one place, about which we wrote in the May article.

Copying the game all the time popular

Over the past few years, the popularity of duplication of games among traders has increased significantly. The consequence of this was the creation of numerous websites focusing precisely on this (eToroMQL Signals ZuluTrade and other). The idea is simple, but with time traders' requirements have grown significantly, so quality began to determine the success of a given service. Spotware has clearly noticed this dependence and the effect of this is the conversion of the copy trading module - from cMirror to cTrader Copy. The new solution is to meet the needs of both investors and traders' strategy managers even better.

Main functions of cTrader Copy

Control of the commitment of resources

The possibility of changing the level of involved funds to a specific strategy has been implemented. This means that you can increase or decrease the capital allocated to the indicated system without interruptions in copying its actions to minimize the risk or increase potential profits. There was also the possibility of withdrawing profits while maintaining the original commitment, which gives you increased control over your capital.

Capital matched to the deposit

The new copy trading formula is based on the capital indicator. This means that the volume being copied is calculated based on the capital of the Manager (managing the strategy) and the Investor. The system automatically calculates the size of the Investor's position, so that it is adjusted to the equity ratio, taking into account the change in the allocation of amounts resulting from the deposit and possible orders for payments / withdrawals of both parties of copying.

As a result, the transaction volume of the Manager and the Investor is proportional to the capital that each of them has.

Separated accounts for copying

The disposition of copying a given strategy is automatically placed on separate investment accounts. As a result, traders receive greater transparency, can more easily assess the effectiveness of a given strategy and at the same time manage risk more effectively. In addition, the investor is able to determine Stop Loss not only on the entire capital, but also for each strategy separately.

Advanced analysis

The strategy profile now includes advanced analytics with more detailed statistics that provide Investors with a rich insight into the performance and behavior of each strategy. In addition to charts Time Weighted RoI, Balance vs. equity and Breakdown of Traded Symbolsthat are now visible on one page, investors can also see the history of observers, a new table that shows the investors' profit over time.

The new product also provides extensive options for personalizing settings, such as an extended control panel or watching your favorite strategies. The full list of changes is available on the Spotware website HERE.