If you haven’t check our portfolio yet, I suggest you check it here. Details about our automatic trading via copytrade can be found here. If you’re ready to start, follow these 3 easy steps:

  1. Open an account here (click the “Registration” button)
  2. Add your trading account (s) from within member area.
  3. Follow the SG Master by clicking COPY and finish payment procedure

Adding Trading Account

Once you are registered and logged in, click “Add new MT4 account” to add your trading account to SG system.

Adding account at SmoothGain

  • Master is SG trader, currently there is only 1 selection.
  • Terminal Login is your trading account number
  • Teriminal Pass is your trading account password (make sure it’s real password, otherwise the copytrade system won’t work)
  • Broker Name is your broker server name. Since there are a lot of them, the simplest way is just to type it to search your broker server. If you can’t find it, we probably haven’t added the broker yet. You can request additional broker option by contacting us here.

Risk Setting

Risk setting is provided because not everyone will agree to the Master’s money management. Some want more aggressive  lot size, others prefer more conservative size. The risk setting will allow you to customize every trading account you have with us to run on different risk level compared to the Master. Now two things to remember:

  • Upon adding account, the default on risk is “Lot multiplier” on “Risk value” 1. This means your account will be traded at the exact same way as how the Master trade: if he open 1 lot EURUSD, your account will also open 1 lot EURUSD.
  • The risk setting is not locked. You can change this later on.

We provide 5 types of risk setting:

1. Fixed Lot

This means no matter what lot size the Master use, your account will follow with a fixed lot.

Example:

Risk type: Fixed Lot; Risk value: 0.1

Master open 2 lots of EURGBP, your account will open 0.1 lot of EURGBP

 

2. Lot multiplier

This means your lot size is the Master’s lot size multiplied by your Risk value

Example:

Risk type: Lot multiplier; Risk value: 1.5

Master open 2 lots of USDJPY, your account will open (2 lots x 1.5) = 3 lots

 

3. Risk by equity

This means the system will use the ratio between the Master equity and your equity to decide lot size

Example:

Risk type: Risk by equity; Risk value: 0.5

Master: Equity $2000, open 1 lot EURUSD

Your account: Equity $1500. Your lot size would be: (1500/2000) x 1 x 0.5 = 0.37 lot

 

4. Risk by balance

This means the system will use the ratio between the Master balance and your balance to decide lot size

Example:

Risk type: Risk by balance; Risk value: 1.5

Master: Equity $1000, open 1 lot GBPUSD

Your account: Equity $4000. Your lot size would be: (4000/1000) x 1 x 1.5 =  6 lot

 

5. Risk by free margin

This means the system will use the ratio between the Master free margin and your free margin to decide lot size

Example:

Risk type: Risk by free margin; Risk value: 0.6

Master: Equity $1500, open 1 lot EURUSD

Your account: Equity $2500. Your lot size would be: (2500/1500) x 1 x 0.6 = 1 lot

 

Important Points to Keep in Mind when using Risk Setting

1. You can change risk setting mid trade, but be mindful that the system will follow the latest changes. Example:

  • Master open 1 lot, your account open 0.5 lot due to risk setting
  • You changed the risk setting so the next 1 lot order from Master will be translated as 0.3 lot on your account
  • Master closed his 1 lot position. This translated as closing 0.3 lot of your previous position. However because you had 0.5 lot open, it will leave 0.2 lot open.
  • In reverse situation where closing position lot order is bigger than current opened position, it will simply close that position.

2. When using risk by equity/balance/free margin please be mindful of lot size because the variables keep changing

  • Master open 1 lot, your account open 0.5 lot due to risk setting
  • There are changes in equity/balance/free margin ratio so the next 1 lot order from Master will be translated as 0.3 lot on your account
  • Master closed his 1 lot position. This translated as closing 0.3 lot of your previous position. However because you had 0.5 lot open, it will leave 0.2 lot open.
  • In reverse situation where closing position lot order is bigger than current opened position, it will simply close that position.

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