Strategy Providers (SP) can choose between two account types - MT4 Social Pro and MT4 Social Standard for their Social Trading strategy accounts, which present unique trading conditions. Read more about these account types below to decide which is best suited to your trading style.
Social Trading strategy accounts allow strategy providers to trade with these instruments:
- Forex*
- Commodities (Metals)
- Cryptocurrency
*DXY is not available for Social Trading
Here are the trading conditions for each Social Trading account:
| Account type | Social Standard | Social Pro |
| Minimum deposit: | USD 500 | |
|
Spread |
Refer to contract specifications |
|
| Commission |
0% - 50% with the increment of 5% |
|
|
Maximum leverage |
1:200 |
|
|
Instruments |
Forex, Commodities (Metals), Cryptocurrencies |
|
|
Minimum lot size |
0.01 |
|
|
Maximum number of positions |
100 | |
|
Hedged margin |
0% | |
|
Margin call |
30% | 60% |
|
Stop out |
0% | |
|
Order execution |
|
|
|
Swap-free |
Available | |
Strategy account type requirements
Consider these points about strategy account types:
- The minimum first deposit for both Social Standard and Social Pro accounts is USD 500 in a single transaction.
- To ensure that the strategy remains accessible to be copied by investors, the equity must remain above USD 100 for Social Standard accounts and USD 400 for Social Pro accounts. If the equity of the strategy falls below the equity requirement, the investor can only view the strategy but it is not available to start copying. Read more about strategy visibility.
- For Social Pro accounts, the strategy is only active once the SP has an equity of USD 2 000 in the strategy account. This can be done by depositing and earning profits into the strategy account.
For example, if the current equity is 1990 USD:
- If you start trading until the equity reaches USD 2 000, the strategy will not be activated.
- If you make a deposit of USD 10, and the equity reaches USD 2 000, the strategy will be activated.
- If you reach USD 2 000 by trading and depositing, the strategy will be activated.
- When total equity reaches USD 200 000, the start copying button will be unavailable to investors.
- Commodities (energies), indices, and stocks are unavailable to trade on strategy accounts.
Note:
- Strategies become available to view in the Social Trading app and website 30 days after creation. If there is no trading activity for 7 days, it will not be displayed and will only be displayed again once there is trading activity.
- Strategies without trading activity for the last 60 days will be automatically archived. An email notification will be sent to traders 5 days before their strategy is auto-archived. Traders with more than 1 strategy to be archived will receive only 1 email with the list of the strategies. Archived strategies cannot be restored.
Commission Account
SPs have an additional commission account where their earned commission is deposited. This commission account is created automatically, and only one is provided per strategy provider. They can check the balance of their commission account in their Personal Area(PA), with earned commission transferred at the end of each trading period.
SPs can use their commission account to trade as a regular trading account and the commission held within can be transferred to other trading accounts.
Investment accounts
For Investors, accounts are automatically created whenever an Investor begins copying a strategy and closed when the Investor stops copying a strategy. Learn more about what is an investment account for Investors and its conditions.