Difference in spelling...

[Ivaylo Melkov]

Hello!

I want to subscribe to a gold trading signal, but there is a difference in the abbreviation.

In that of the signal it says - XAUUSD, and in my account - XAU_USD.

How can I correct these differences?

Kind regards!

[Sergey Golubev]

It is related to the mapping.
It means the following:

• you should check about how many Gold symbols proposed by your broker;
• and check margin calculation type in specification of your Gold symbol.

For more information - go to summary post #7

[Sergey Golubev]

More from FAQ -

------------------

The Provider has trading symbol called GOLD, and my broker has the same instrument, but it is called XAUUSD. Are trades on GOLD copied to XAUUSD in that case?

The Provider has trading symbol called GOLD, and my broker has the same instrument, but it is called XAUUSD. Are trades on GOLD copied to XAUUSD in that case?

If a Subscriber's account has a symbol with the same name as the one on the Provider's account, and trading is fully allowed for the symbol, trades will be copied for this symbol. If trading is allowed partially or disabled for the found symbol, this symbol is considered inappropriate for copying, and the system will continue to search for a suitable symbol:
1. On the Subscriber's account, the system searches for all symbols with the names coinciding with the Provider's symbol by the first 6 characters. For example, EURUSD == EURUSDxxx == EURUSDyyy.
2. Full permission to perform trading is checked for each detected symbol. If trading is allowed partially or completely forbidden, such a symbol is discarded.
3. Margin calculation type is checked for each remaining symbol - if it is Forex, a symbol is considered to be suitable. Symbols of CFD, Futures or other calculation types are discarded.
4. If no symbols remain after conducting all the checks or more than one symbol is found, it is considered that a symbol mapping attempt has failed and it is impossible to copy Provider's trades for that symbol.
5. If one suitable symbol is found, it is used for copying Provider's trades.

The algorithm provides only two exceptions for metal symbols:

1. XAUUSD == GOLD
2. XAGUSD == SILVER

In these two cases, only full permission to perform trades is checked. If such permission is present, the mapping attempt is considered to be successful.

Example 1: A Provider has positions on EURUSD, while a Subscriber – on EURUSD! (or vice versa) with full trading permission. The terminal performs mapping automatically and copies the trades.

Example 2: A Provider has positions on EURUSD, while a Subscriber – both on EURUSD! and EURUSD. The copying is performed for EURUSD.

Example 3: A Provider has positions on GOLD, while a Subscriber – on XAUUSD with full trading permission. The terminal performs mapping automatically and copies the trades.

Example 4: A Provider has positions on GOLD, while a Subscriber – on XAUUSD with close-only (partial) trading permission. The mapping is considered unsuccessful and no copying is performed.

[Ivaylo Melkov]

***

This means that the trades will not be copied to my account, as I understand from this article that the system looks for matches in the first 6 characters, and for me the difference is in the fourth.

I.e. i need to find a broker with XAUUSD or GOLD.

[Sergey Golubev]

Ivaylo Melkov #:

This means that the trades will not be copied to my account, as I understand from this article that the system looks for matches in the first 6 characters, and for me the difference is in the fourth.

I.e. i need to find a broker with XAUUSD or GOLD.

The system does not look for matches in the first 6 characters.
The system is looking about the following:

• how many symbols for gold is proposed by your broker; if not them 2 symbols is it will not be copied;
• what is written in the symbol specification; if it is written that margin calculation type is Forex so it is fne (in case you have only one symbol for gold); if not Forex so the trade will not be copied.