All orders
Rules
Specification
The software should be self-hosted, i.e. hosted on my website or if you prefer design it first on your own test website and we can transfer it later.
Multi-broker, this is unique! (Metatrader 4, MT5, cTrader, FXCM, LMax, FIX API)
Multi-currency of accounts (USD, EUR, JPY, CHF, ...)
Risk management (risk factor) by account or by group
Partial close supported for all brokers
Total flexibility for manually closing or opening positions on Slave accounts.
FEATURES
PENDING ORDERS
Trade copier should be able to copy pending orders like Limit and Stop. You can add, edit or remove your pending orders.
REVERSE TRADING
If the Master Account buys? Trade Copier send a sell order to the Slave accounts
SLAVES TRADES SIZE DEFINED BY RISK FACTOR
Should be flexible on the Slave level (one risk factor per Slave)
or Risk Factor by group for easy settings
MANUAL POSITIONS IN THE SLAVE ACCOUNTS STILL POSSIBLE
Able to manually manage Slaves account. You can open, close or modify positions
HIGH FREQUENCY TRADING IS WELCOME
Should be built with up-to-date technology, to benefit from the best speed to trade.
FILTERS
Should be able to use either a blacklist or a whitelist to filter symbols to be traded
STOP LOSS AND TAKE PROFIT
Protection orders like StopLoss or TakeProfit should be fully supported by the forex trade copier. You can add, edit or remove StopLoss or TakeProfit.
SMS AND EMAIL ALERTS
Should be able to send a SMS and/or an email when the connection to broker is lost (or recovered) and when an order fails.
PARTIAL CLOSE SUPPORTED
Partial close should be supported by the trade copier for all brokers
NO INSTALLATION NEEDED ON ANY TRADING PLATFORM
Everything works and is setup in the Cloud
Similar example is this: https://www.trade-copier.com/
P.S: You may need to create a free account on the above website to see how their own trade copier work and we want this job to be the same.