Auto Risk: The Slave trade size is proportional to the Master trade size and the Master account size. The Auto Risk method allows you to be exposed to the same level of risk between the Master and the Slave proportionally to the account size.
When using the Auto Risk method, the system maintains the same ratio of trade size to account size between the Master and Slave accounts.
This is how Auto Risk is computed:
Formula: Slave Order Size = (Slave Account Balance / Master Account Balance) x Master Order Size x Auto Risk Value.
Example: If the Master account is 2000 USD and the Slave account is 1000 USD, setting Auto Risk to 1 means the Slave places 0.5 lots for every 1 lot the Master trades.
The “Account Size” can be defined using the equity, the balance, or the free margin of both Slave and Master accounts. Below are examples of how Auto Risk converts the trade size on your Slave as it copies your Master.
More Auto Risk Examples: