Strategy Providers (SP) can choose between account types - MT4 Social Pro, MT4 Social Standard and MT4 Pro for their Social Trading strategy accounts, which present unique trading conditions. Please note that the availability of specific account types may vary depending on the user's country.
Read more about these account types below to decide which is best suited to your trading style.
Here are the trading conditions for each Social Trading account:
| Account type | Social Standard | Social Pro | Pro |
| Minimum deposit | 500 USD | 2000 USD | Depending on the country |
| Spread | From 1 | From 0.6 | From 0.4 |
| Commission | No commission | ||
| Maximum leverage | 1:200 | ||
| Instruments | Forex, Metals, Cryptocurrencies | Forex, Metals, Cryptocurrencies, Energies, Stocks, Indices | |
| Minimum lot size | 0.01 | ||
| Maximum number of positions | 100 | ||
| Hedged margin | 0% | ||
| Margin call | 30% | 30% | 30% |
| Stop out | 0% | ||
| Order execution |
Market |
Instant (Forex, Metals) Market (Cryptocurrencies) |
Instant (Forex, Metals, Indices, Energies, Stocks) Market (Cryptocurrencies) *The execution type for Pro account can be changed in your Personal Area, except for Cryptocurrencies, uses Market execution |
| Swap-free | Available | ||
Here are the allocation conditions for each Social Trading account:
| Account type | Social Standard and Social Pro | Pro |
| Copy Coefficient | Calculated for the entire investment | Calculated individually for each opened order |
| Copying open orders at the investment start | All existing open orders are copied when the investment starts | No open orders are copied when the investment starts |
| Orders Reopening | Orders are closed and reopened with a recalculated coefficient after a deposit or at the end of the billing period | Orders are not reopened |
| Copy dividends | Available | Not available |
| Swap accrual | Swap is allocated from the master order with the copy coefficient | Independent swap accrual for traders and investors |
| Close investment during the weekend with the opened orders | Investors can close investments during the weekend using the last available market price (except 3 hours before market opening) | Investors can request to close the investment, but orders will be closed when the market opens |
Strategy account type requirements
Consider these points about strategy account types:
| Account type | Social Standard | Social Pro | Pro |
| Strategy activation requirement | 500 USD | 2,000 USD | Strategy is active once the strategy provider makes the first deposit |
| Minimum equity to remain accessible for copying | 100 USD | 400 USD | 100 USD |
| Total Equity to remain accessible for copying | Total equity should be less than 200,000 USD | ||
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 for Social Pro account is 1,990 USD:
If you start trading until the equity reaches 2,000 USD, the strategy will not be activated.
If you make a deposit of 10 USD, and the equity reaches 2,000 USD, the strategy will be activated.
If you reach 2,000 USD by trading and depositing, the strategy will be activated
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.
Performance Fee account
SPs have an additional Performance Fee account where their earned performance fee is deposited: ST Commission for Social Accounts and PIM Commission for Pro Accounts. This account is created automatically, and only one is provided per strategy provider. They can check the balance of their performance fee account in their Personal Area(PA), with earned fee transferred at the end of each billing period.
SPs can use their Commission account to trade as a regular trading account and can transfer the available balance 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. Read more about how you can become an investor in Social Trading.