When a strategy provider makes a withdrawal, all orders copied by investors are automatically closed and reopened with spread as zero. This function is performed to recalculate the new copying coefficient due to the change in trader equity.
Here are the steps at a glance:
- After the withdrawal is successful, all copied orders on investor accounts will be closed. Investments, however, will remain open.
- Copy coefficients will be recalculated for change in trader’s equity.
- The orders on investment accounts will be reopened with zero spread and new copying coefficient.
- Investors will be able to see "Reopened with the reason: 'Trader balance operation' " in the Investment details screen. The reopened order will have the link to the parent order that was closed.
To learn about strategy freeze, read our article here.