Last updated 1 month ago
A provider account is the trading account that you want other followers accounts to copy from, it is also called master account in some system. Once your provider account is setup, you can add and connect ollowers accounts to it. Note that onlinetrader allows you to add multiple providers (master) accounts in other to setup different trading strategies for your followers to copy from.
To add a master (Provider) account, follow the steps below;
1. Login to your onlinetrader admin area and click on the Provider accounts tab under MAM - Copytrading menu
2. The providers accounts page presents you with few few stats like amount of slots available for you to add trading account, wallet balance, and total subscribers you have.
1 slot is required to add a trading account on the system, be it provider or follower account. If you do not have any slot available, then kindly top up your wallet and purchase some slots before you proceed.
3. Now that you have some slots, you can now click on the "add account" button to add your provider account. Note that you do not need slots if you are using your own metaapi keys, in this case, you only need to keep a positive balance and an active subscription on your metaapi side
4. After the account is added, it is important for you to click on the "update strategy" button to setup your provider (strategy) information such as, the strategy name and description, trade scale mode (this defines how you want your trades lot size to be scaled on different followers account). "None" option means the orders will be copied to all followers accounts with the exact vloume (lot size) as it was opened on the provider account.
After this details has been set, click on "update" or "submit" to deploy your provider account. At this point, your provider account is ready to be copied!
