Can someone help me with this problem? Problem in copying trades

[icmarketsM]

Can someone help me with this problem?

I am copying the trades of a person who has 183978 SGD in his account, which is approximately equal to 131,757 US Dollars, and he also uses a leverage of 1:500 and I also have the same leverage in my account and not only that I copy trades from the same broker he uses and also I use the same server in which his account is located ok?

If this person opens a new trade with 1.38 lot size and I have $3700 in my account, how much is my MetaTrader supposed to open a new trade?

Isn't it supposed to be 0.03 lot size? With my MetaTrader, it only opens 0.02 lot size, and the reason why it should open 0.03 is: 131,757 / 1.38 = $955 * 0.03 = $2,864 It means to be able to open a trade with 0.03 lot size, I must have 2,864 dollars in my account 3700 * 0.95 = 3,515$

This means that I can use only 95% of the money deposited, and this is equal to $3,515, which means $650 more than the amount that should be there, and this is a big difference

Can someone tell me what this problem is and how to solve it?

and What is the minimum amount that should be in my account to open a trade with 0.03 lot size when he opens a trade with 1.38 lot size?

[Mary Ann Defensor]

icmarketsM:

Can someone help me with this problem?

I am copying the trades of a person who has 183978 SGD in his account, which is approximately equal to 131,757 US Dollars, and he also uses a leverage of 1:500 and I also have the same leverage in my account and not only that I copy trades from the same broker he uses and also I use the same server in which his account is located ok?

If this person opens a new trade with 1.38 lot size and I have $3700 in my account, how much is my MetaTrader supposed to open a new trade?

Isn't it supposed to be 0.03 lot size? With my MetaTrader, it only opens 0.02 lot size, and the reason why it should open 0.03 is: 131,757 / 1.38 = $955 * 0.03 = $2,864 It means to be able to open a trade with 0.03 lot size, I must have 2,864 dollars in my account 3700 * 0.95 = 3,515$

This means that I can use only 95% of the money deposited, and this is equal to $3,515, which means $650 more than the amount that should be there, and this is a big difference

Can someone tell me what this problem is and how to solve it?

and What is the minimum amount that should be in my account to open a trade with 0.03 lot size when he opens a trade with 1.38 lot size?

Did you have any other deal opened before you copied his deal 

As I think maybe there was another deal opened 

If this is correct that means the problem was in the difference between equity and balance 

[icmarketsM]

Mary Ann Defensor #:
Did you have any other deal opened before you copied his deal 

As I think maybe there was another deal opened 

If this is correct that means the problem was in the difference between equity and balance 

There are no trades. I created the account specifically for this Signal only

[Sergey Golubev]

read this part of FAQ about rounding: What rounding scheme is used for Provider's and Subscriber's percentage ratio of deals volume?
and this part of article (as an example) about how lot size is calculated for subscribers:

Forum on trading, automated trading systems and testing trading strategies

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

[Abdul Barrud Darovi]

its a bit tricky if there is defferent in base currency you use. and Lot usage can also depend on the risk settings you set at the beginning before copying a trader.