Signal Provider (aka MAC – Multi Account Copier)
The trader’s accounts (TA) and the subscriber’s accounts (SA) are independent and are funded with personal capital. Anyone can be a subscriber. Trader’s orders are copied to the SA. The subscriber automatically adjusts his risks, may open and close the orders (fully or partially), and change the stop loss / take profit.
The subscriber can:
Fund Manager (aka PAM - Percent Allocation Module)
The subscriber is an investor. The funds, credited to the SA, are automatically duplicated on the TA. A trader manages the total sum of the investments, and his accounts are opened in the real order of liquidity provider. The accounts of the investors don’t send the actual orders.
The trader may be the first investor by himself, at the expense of his own funds. The subscriber may not interfere in the trade on his account. All balance operation are made only through the system.
The subscribers’ funds are on their accounts.
The subscribers have trading access.
The subscriber may close / modify the orders which are opened by the Signal Provider and does not affect the trader's trade.
The SA can receive the signals from multiple accounts at the same time.
The trader trades on his account, and does not affect subscribers’ trades.
The TA and SA can be in different currencies, with different leverage.
The trading operations on the SA are fulfilled independently. There may be a small difference in the exercise price.
Any balance operations are allowed at the TA and SA
The subscribers’ funds are set off the general trader’s account, and duplicated on SA.
The subscribers have investor's access.
The subscriber cannot modify the orders on his account.
The SA receives only the orders of one TA.
The trader trades on the total trading account (TTA) on the subscribers’ accounts are recognised only his orders.
TTA and the SA are created in the same currency with the same leverage.
The trading operations are occurred only on a TTA. On the SA, the orders are displayed for monitoring and calculations purposes. The exercise prices at SA and TA are identical.
The uncontrolled balance operations by the service are not allowed on the TA and SA.
Upon authorization the main screen is opened with a list of all your accounts. The account you logged into will be referred to the Payment account.
Creating and editing of account.
Set two new parameters:
The Commission allow you to configure a flexible system to attract investors. The Commission has the ability to create levels for the investor's account Balance, beginning with the line whose parameters are applied.
This can provide a variety of sizes for different subscribers pay balances.
|Description||Time of withdrawal||Formula|
|Trade Fee||The fee for the traded Lot||At the closing order||Lot * Trade Fee|
|Performance Fee||% from the obtained profit||At the end of each period (month, quarter, etc.) or at D / W funds on a FM account||(RealizedPL (at the period end) - RealizedPL (at the period begin) - Float Loss)*Perf.Fee/100 If negative, it is not charged.|
|Management Fee||% from the amount of the current balance||At the end of each period (month, quarter, etc.) or at D / W funds on a FM account||Balance * Mngm. Fee/100 * Days/365 Days - the number of days elapsed since the last management fee.|
The example shows a list of five created tables of the level payments. This list is available for each Manager account SP / FM model.
Important! You can not change or delete leveled payments after their creation, so be careful when entering the meanings.
Upon successful creation it will appear in the main list and you can customize its setting allocations together with other accounts
For manager of the model Fund Manager is available the list of Deposit/Withdrawals from the Investor accounts. Manual activation of order is useful when the hour Deposit/Withdraw has not yet come, but now the trader has a more convenient time to take the investments.
In Statistics there are graphics of a collected statistics from the Manager account - Balance graphics, Profit, Account growth and a distribution of the orders on symbols.
For the Signal Provider model there are available multiple subscriptions in Manager accounts.
Rating of Manager accounts
Active Manager accounts are available to everyone for viewing (except if the owner of Manager account explicitly forbade to show himself in the ranking).
The potential investors can get acquainted with the trades and statistics. And then subscribe to the selected account by pressing the button 'Invest'.
If you are already subscribed to this account, you can go to your Investor account and see the trades made by clicking 'My Investment Account'.
Maximal Drawdown - Limiting losses (in% of the max. achieved balance). 0 means a disabled option.
In Orders you can see a list of orders of your account without opening MetaTrader 4
In the Fund Manager model, the filling and withdrawal of the Investor account funds is carried out from a payment account.
Since the manager controls the time of the balance operations, the investor only exposes the applications for Deposit /Withdraw of funds. The balance postings are carried out within the system. See a list of executed Deposit/ Withdraw applications, create a new application or cancel a pending one.
In Statistics there are graphics of a collected statistics of the account - Balance graphics, Profit, Account growth and a distribution of the orders on symbols
1 Some functionality may be only partially available at the discretion of the broker.
2 You can also read reference information in FinexmartTrader application.