Different Base Currency

 
my signal provider's base currency is Eur 
my account base currency is USd 
while copying trades will meta trader perform lot size calculations in USD or EUR 
or will it convert my currency to his and map trades?
any one can help ?
thanks
 

You can calculate your lot size based on the following example (it is Subscriber1 on the example below in your case) - 

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Signal not copying full lots

Sergey Golubev, 2018.10.19 16:40

You can calculate your lot size using the following example (from General information on Trading Signals for MetaTrader 4 and MetaTrader 5 article):

Let's consider a specific example of using the volumes management system:

  1. Provider: balance 15 000 USD, leverage 1:100
  2. Subscriber1: balance 40 000 EUR, leverage 1:200, deposit load percentage 50%
  3. Subscriber2: balance 5 000 EUR, leverage 1:50, deposit load percentage 35%
  4. EURUSD exchange rate = 1.2700

Calculation of Provider's and Subscriber's position volumes ratio:

  1. Balances ratio considering specified part of the deposit in percentage terms:
    Subscriber1: (40 000 * 0,5) / 15 000 = 1,3333 (133.33%)
    Subscriber2: (5 000 * 0,35) / 15 000 = 0,1166 (11.66%)
  2. After considering the leverages:
    Subscriber1: the leverage of Subscriber1 (1:200) is greater than Provider's one (1:100), thus correction on leverages is not performed
    Subscriber2: 0,1166 * (50 / 100) = 0,0583 (5.83%)
  3. After considering currency rates of the deposits at the moment of calculation:
    Subscriber1: 1,3333 * 1,2700 = 1,6933 (169.33%)
    Subscriber2: 0,0583 * 1,2700 = 0,0741 (7.41%)
  4. Total percentage value after the rounding (performed using a multistep algorithm):
    Subscriber1: 160% or 1.6 ratio
    Subscriber2: 7% or 0.07 ratio

Thus under the given conditions, Provider's deal with volume of 1 lot will be copied: 

- to Subscriber1 account in amount of 160% -  volume of 1.6 lots

- to Subscriber2 account in amount of 7% -  volume of 0.07 lots


 
Sergey Golubev:

You can calculate your lot size based on the following example (it is Subscriber1 on the example below in your case) - 


thanks SIR

 
Can I copy trader with USD Base currency while my trading account is in ZAR? 
if so how will the calculations be made
 
M. Asad Farooq:
my signal provider's base currency is Eur 
my account base currency is USd
No such things. Base currency and Quote currency is what you trade. You must mean account currency.
 
Mayz Mozart:
Can I copy trader with USD Base currency while my trading account is in ZAR? 
if so how will the calculations be made

Yes you can, trades will be copied automatically and proportionally to your account's balance, currency and leveage.

Reason: