Copy trading for signal providers: invite followers and set each follower’s lot size

Updated

A signal provider trades one account and wants others to copy it. Each follower has a different account size and a different appetite for risk, and most of them would rather not configure anything themselves.

In SnapCopier the provider shares one invite link, the followers connect their own accounts through it, and the provider decides how each of them is sized: by default for everyone, by risk tier, or one by one. This guide walks through the setup and who sees what.

How followers join

  1. 1You create the invite link on your master account, with a name and a short description. That name is what your followers see.
  2. 2You send the link to your followers.
  3. 3A follower opens it, signs up for SnapCopier or signs in, and connects their own MT4 or MT5 account with its trading password.
  4. 4They confirm that orders will be placed on their account automatically, and the copying starts with the next trade you open.

The follower enters their password in their own account. You never receive it, and you don’t need to collect logins from anyone.

Who sees what

You, the providerThe follower
The other side’s accountThe follower’s name, email address and broker, whether their account is connected, and its balance and equity (in the follower’s settings, for sizing the lot). Never their login, server or password.The name and description of your invite link. Never your login, server or balance.
CopiesEvery copy on your followers’ accounts, in your dashboard and copy log.The copies on their own account.
Lot sizeWhat each follower copies with, and where that comes from.What they copy with, and whether you set it.

Setting each follower’s lot size

A follower’s lot size, like any other copy setting, can be set in up to four places. For each setting the copier goes down this list and uses the first one that is set:

  1. 1The follower’s own choice. Only if you allow custom copy settings and the follower changed that setting themselves.
  2. 2Your setting for this follower. What you set in the follower’s Settings window, for them alone.
  3. 3Their group. If you put them in a group, what the group sets, for example “aggressive, twice the risk”.
  4. 4Your default. Everything else. With the default rule the lot is proportional to the balance, so a follower with a quarter of your balance opens a quarter of your lot.

An example. Your default is a fixed 0.10 lot, and Anna is in your group “aggressive, twice the risk”. Anna copies with twice the risk, the group’s setting. If you then set a fixed 0.05 lot in Anna’s Settings window, she copies 0.05: your setting for her comes before the group. If you allow custom copy settings and Anna sets 0.20 herself, she copies 0.20.

Each setting is decided on its own. If you only change Anna’s lot, her maximum lot, filters and stops still follow the group and your default.

You manage all of this in the follower list of your master: Copy Hub, Followers, then Settings next to a follower. You create the groups in your master’s copy settings. The list shows each follower’s lot and where it comes from.

A change applies from the next trade. Copies that are already open keep their size.

Your choice or theirs

The invite link has one switch that decides whether the first step of the list counts: whether followers may change their own copy settings.

Allow custom copy settingsWhat a follower copies with
OffOnly what you set: your setting for them, their group or your default. Followers cannot change anything.
OnWhatever the follower changed themselves. Everything they did not change stays as you set it.

Both ways the follower sees on their own page what you set for them, so nobody’s risk changes without them being able to see it.

Managing your followers

  • Stop accepting new followers without taking the link down. The ones who joined keep copying.
  • A new link ends the old one, for example after it was shared too widely. Followers who already joined stay.
  • Pause a follower in one click, for example when a subscription is overdue. Nothing new is copied to them, and if they have open copies you choose what happens to them: keep managing them (your closes and stop changes still reach them), hand them over to the follower, or close them now. The follower cannot lift the pause themselves. A paused follower can then be removed.
  • Watch the copies of every follower in your dashboard, with the reason for every trade that was not copied.

Followers can be on MT4 or MT5 and at any broker, also a different one from yours. Symbol names are matched across brokers, and cent accounts are converted. See how lot sizes are calculated.

Questions

Do I need my followers’ passwords?

No. Each follower connects their own account in their own sign-in, with their own trading password. You never see it.

Can I give each follower a different lot size?

Yes. Put them in risk groups, or set a lot for a single follower in their Settings window in your follower list. Your setting for one follower comes before their group. If you allow custom copy settings, a follower’s own choice comes before both.

Do followers see my account?

No. They see the name and description of your invite link and the copies on their own account, not your login, server or balance.

What happens to open trades when I change a follower’s lot size?

Nothing. The new size applies from the next trade; copies that are already open keep their size.

Try it with your own accounts

Connect a master and a follower and watch the first copy appear in the log.

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