Copy Trading Overview

Copy Wzrd replicates trades from one account to one or more accounts in real time. When the sender opens, modifies, partially closes, or closes a trade, the same action is immediately applied to all receiver accounts. Supports both forex and futures platforms.

Core Concepts

Sender Account - the trading account being copied from. Supports all platforms: MT4, MT5, TradeLocker, cTrader, DXTrade, Tradovate, and NinjaTrader.

Copy Room - links one sender account to one or more receiver accounts. Each room has a unique code in the format ROOM#XXXX.

Receiver Accounts - the accounts that receive copied trades. Each receiver has its own copy mode, lot size, symbol mappings, and SL/TP settings.

How Copying Works

When the sender takes an action on their account, every receiver replicates that action:

Copying happens in real time with sub-second latency.

Copy Modes by Platform Type

The copy behavior depends on whether the sender and receiver are forex or futures accounts:

Hybrid Mode (Futures → Futures)

When both sender and receiver are on futures platforms (Tradovate/NinjaTrader), copy trading operates in hybrid mode with full bracket order support:

• Entry orders copy with SL/TP as bracket orders (OSO)
• Bracket modifications (SL/TP changes) copy in real-time
• Partial closes reduce volume and adjust bracket quantities
• Full close automatically cancels all remaining bracket orders
• REMOVE_SL / REMOVE_TP events copy to remove individual brackets

Entry/Exit Mode (Cross-Asset)

When copying between forex and futures, only entry and exit signals are copied. SL/TP management is not copied because the distance units differ (pips vs ticks) and bracket order handling is different.

Copy Modes

Each receiver uses one of two lot sizing modes:

Proportional

The receiver’s lot size is the sender’s lot size multiplied by a multiplier.

Use this when you want volume scaled relative to what the sender trades.

Fixed

The receiver always trades the same lot size regardless of the sender’s volume.

Use this when you want consistent, predictable position sizing.

Additional Options

Symbol Mapping

When the sender and receiver use different brokers or asset types, symbol mapping translates between them:

If no mapping exists for a symbol, the sender’s symbol name is used as-is on the receiver.

Futures-Specific Behavior

Bracket Order Copying

On futures platforms, SL/TP are separate bracket orders (not fields on the position). When copying futures → futures:

1. Sender opens a position → receiver opens with matching SL/TP bracket orders
2. Sender modifies SL → receiver’s SL bracket order is updated
3. Sender partially closes → receiver’s volume and bracket quantities are adjusted
4. Sender fully closes → receiver’s position closes and all bracket orders are automatically cancelled
5. Sender removes SL/TP → receiver’s matching bracket order is cancelled

Automatic Bracket Cleanup

When a futures position is fully closed (by either the sender or receiver), all associated bracket orders (SL/TP) are automatically cancelled. No separate CANCEL_BRACKETS command is needed.

Use Cases

• Prop firm scaling - trade on one account and copy to multiple funded accounts
• Managing multiple accounts - run the same strategy across several accounts from a single sender
• Signal services - share your trades with subscribers through public rooms
• Forex + futures - copy trades across both asset types

Subscription Requirements

Copy trading requires an active subscription. The number of rooms and receivers allowed depends on your plan:

Next Steps

• Creating a Room - set up your first copy room
• Adding Receivers - configure receivers and copy modes
• Browsing Rooms - discover and subscribe to public rooms
• Futures Trading - learn about futures-specific behavior