Copy a signal with less leverage

Inbar Kedem 2022.07.03 15:02

I'm looking to copy a signal from a provider, which has a 1:500 leverage in his account.

My broker is allowing me a leverage of 1:400 only.

I'm not sure what is going to happen for the trades. Are trades with 1:500 leverage are just not going to work? Does all trades are going to be smaller by 20% in the leverage? Is anyone has experience with this?

William Roeder 2022.07.03 15:55 #1

Signal lot size is adjusted from signal balance and leverage to yours.

Down by reducing the deposit load below 95% (max)
Up by increasing your account balance vs. what the signal provider has.
If you had used this you would have found among many:
Icrease lot size - General - MQL5 programming forum #2 (2018)
signal provider has minimal volume 0.01, subscriber has 0.10 - how to change minimal volume ???? - MQL5 programming forum (2013)

leverage compatibilty when chosing copy exact lotage from increase lot size

Mary Ann Defensor 2022.07.03 16:37 #2

Inbar Kedem:
I'm looking to copy a signal from a provider, which has a 1:500 leverage in his account.

My broker is allowing me a leverage of 1:400 only.

Does all trades are going to be smaller by 20% in the leverage? - I think the answer is YES. It will be less than 20%

Eleni Anna Branou 2022.07.03 16:41 #3

Mary Ann Defensor #:

Does all trades are going to be smaller by 20% in the leverage? - I think the answer is YES. It will be less than 20%

Yes, they will be about 20% smaller in size, but all the sizes are rounded down.

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