How to Start Copying a Signal Provider on Vantage

Hey traders! Ready to copy a signal provider? This process is simple and straightforward, so let’s get started. Follow the steps below to begin copying successful trading strategies and make the most out of your copy trading account.

Step 1: Log in to Your Account

Start by logging into your account. Click on the “Log In” button in the upper right corner of the website. Enter your credentials and click “Log In” to access your account.

Step 2: Set Up Your Copy Trading Account

Once logged in, check if you have an active copy trading account. If you do not, go to the Accounts section and click on the “Open An Account” button. Select “Copy Trading” as the trading platform and choose the Standard account type with USD as the currency. Click “Submit” to create your copy trading account.

Step 3: Navigate to the Copy Trading Tab

If you already have a copy trading account, skip the previous step and go directly to the Copy Trading tab at the top of the platform. From there, click on the “Discover” option in the sub-menu.

Step 4: Browse Through Signal Providers

You will now see a list of available Global Signal Providers. Scroll through the list or use the search function in the upper right corner to find a specific signal provider. Type their name into the search bar and click “Search.”

Step 5: Select a Signal Provider

After selecting a signal provider, click on their name to view their Portfolio. Here, you can check their monthly return, frequently traded symbols, the amount of copy assets under management, and the number of copiers. This information will help you assess if their trading style fits your goals.

Step 6: Click the Copy Button

If you are happy with the signal provider’s portfolio, click the “Copy” button to proceed.

Step 7: Configure Your Copy Settings

Before confirming, review the settings you need to adjust:

Equivalent Use Margin: This is the default setting, where the system copies the signal provider’s risk margin. For example, if they take a 10% risk, your copy account will follow with a 10% lot size.
Fixed Lot Size: If you select this option, the lot size will stay fixed, regardless of the signal provider’s lot size. For example, if you set a fixed lot size of 0.01, that will be the size of all trades on your account.
Fixed Multiples: This option lets you multiply the signal provider’s lot size by a specific factor. For example, setting the multiplier to 3 will copy trades with three times the lot size of the signal provider.

If you are unsure about which setting to choose, we recommend leaving it on the default.

Step 8: Enter Your Investment Amount

Next, enter the amount you wish to invest. For example, you may choose to start with the minimum amount of $50.

Step 9: Set Your Stop Loss and Take Profit

Set your Stop Loss level to control your risk. For instance, setting the stop loss at 65% means the system will stop copying trades if your account reaches a 65% loss. You can also set a Take Profit level. Once your account hits that target, copy trading will automatically stop.

Step 10: Enable Lot Round Up

We suggest enabling the “Lot Round Up” option. This will round the lot size to the nearest value, ensuring a smoother copy trading process.

Step 11: Decide on Copying Open Trades

You will also see an option to copy open trades. By default, this is off, meaning the system will not copy any open trades when you start. If you prefer to copy open trades, tick the box to enable this feature.

Step 12: Submit Your Settings

Once you have reviewed and confirmed your settings, click “Submit.” A message will appear confirming that your copy trading setup was successful.

That’s it! You’ve successfully set up your copy trading account and are ready to start copying a signal provider. Just follow these simple steps, and you’ll be on your way to potentially profitable trades in no time.