AI bot Eco Trade
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  2. Eco Trade

How to Add Parent

How to Add a Broker as a Parent Account on Echo Trade for Copy Trading?

Steps to follow for Adding a Broker on Echo Trade Software

1. Login on this link Web Panel, Enter Login Credentials “Email and Password”, Click on Login

2. Click “Parent & Strategy” Next click on Parent for Adding Parent Account on Echo Trade.


3. Select the broker from the Dropdown, which you want to add as a "Parent Account".

4. Enter the Details according to the broker you wish to add as a Parent Account.


5. Click here to check the steps for adding  Accounts for various brokers.

 

How to Add Child

How to Add a Broker in a Child Account on Echo Trade for Copy Trading?

Follow these steps to add a broker to a child account.

1. Login on this link Web Panel, Enter Login Credentials “Email and Password”, Click on Login

2. Click on "Add Child," then choose a Parent Account from the dropdown menu, and find the broker you want to add as a child account.

3. Enter the details for the broker you want to add as a child account, then submit the information. Your child's account will be added.

4. Click here to check the steps for adding  Accounts for various brokers.

 

How to Add Strategy

How to Add Strategy on Echo Trade for Copy Trading.

Follow these steps to Add strategy on our Echo Trade Software

1. Sign in to your Web panel by entering your Email and password, then click "Login."

2. Click “Parent & Strategy” Next click on Parent for Adding Broker details next click Submit.


3. The parent-added broker will be displayed in the "Strategy" tab. Simply click on "Edit" to enter or update the details.

4. Click on "Update" to add your strategy to our list.


 

How to Choose Mulitplier

Adjust the multiplier, follow these steps:

Step 1: In Echo trade, go to settings. Then, the client needs to decide on what multiplier for working with actual lots and Base lots.
Step 2:  The client needs to enter the lot size in the multiplier when setting up the child accounts based on their desired lot size.


 

How to Check Expired Child Accounts

Go to the "Expired Childs" section to view all expired child accounts. If you have a valid license, click the "Renew" option. After renewing, the expired child accounts will be visible again on the child page.


 

Features of Copy Trading

Features of Copy Trading

  1. Multiplier Type
  2. Order Type 
  3. Opposite Transaction Type
  4. Splitting Order

1. Multiplier - You can adjust the multiplier as needed. When setting up the child accounts, the client should enter the desired lot size in the multiplier.

2. Order Type - Rejected or completed order option is available for only a few brokers.

• Only Completed Order – If you choose this option, your parent and child accounts must have funds. Otherwise, your trade will be rejected.

• Rejected & Completed Orders - If you have sufficient funds only in the child account and not in the parent account, your trade will be rejected in the parent account but executed in the child account if you choose this option (rejected & completed order).

3. Opposite Transaction Type - Buy Trades will be copied as Sell and Vice Versa. 

4. Splitting Order - When placing orders for futures and options, you can only split them among certain brokers.


 
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