RAMM Copy Trading Service update for traders

Updated: March 24, 2021

Dear Traders,

We kindly inform you that on March 20 the RAMM platform will be updated to a newer version. This new version will allow greater accuracy when copying traders’ positions to the investors’ accounts.

To improve the copying quality, the netting position accounting system will be now used for all new strategies on all RAMM accounts in the MetaTrader 5 platform. For existing MetaTrader 5 accounts, the “open opposite position” function will be disabled (at your request, we can change the position accounting method to “Netting” on your current MetaTrader 5 RAMM account).

Please carefully read the following information and familiarize yourself with the current accounting system (hedging) and the new system (netting):

  • Hedging – the system that allows you to have multiple positions per financial instrument at a time, including oppositely directed ones (both buy and sell). You can’t increase the volume of the existing positions.
  • Netting – the account can have only one open position for each trading instrument at any given time. Oppositely directed positions at a single symbol are not allowed.

Thus, if you sell 1 lot of a financial instrument while simultaneously having an open buy position with a volume of 1 lot, this position will be liquidated.

If there is an open position for an instrument in the same direction, the volume of this position will be increased. Thus, if you open a new Buy position with a volume of 1 lot, while having another position of 1 lot on this instrument, the volumes of these two positions will be summed up. As a result, you will have one open position with a volume of 2 lots.

In this case, the opening price will be recalculated. The weighted average opening price is calculated by the following formula: (Price of the first trade * Volume of the first trade + Price of the second trade * Volume of the second trade) / (Volume of the first trade + Volume of the second trade).

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