Yes. When you choose to copy a Provider, you will be prompted to set the parameters of your trade including, trade and volume size, risk management triggers, and so much more.
When choosing volume size, you will be able to select one of the available options:
Multiply
When copying a trade, you can choose to multiply a Provider’s trading volume by any number. You can choose the volume of the lot to be larger (x2 or x10) or you can choose it to be smaller (x0.5 or x 0.01).
This option is recommended for followers who want to directly increase or lower their risks compared to the provider’s.
Autoscale
You can also choose to define the volume size of each position you copy to be proportional between you and the Provider. In other words, the volume size will be based on the ratio of your balance/equity compared to that of the Provider at the time of copying. Here, you also get the “multiplier” option for added customizability. This is by default set to 1 but can be amended accordingly.
For example, let’s say that you choose the Autoscale option and set the multiplier to 1. The Follower has a balance of $1000, while the Provider’s balance is $2000.
To find the proportional ratio, you divide $1000 by $2000, which yields 0.5. Next, due to the multiplier being set at 1, you multiply 0.5 x 1. Therefore, if the Provider opens 1 lot, the Follower will open 0.5 lots.
This is recommended for Followers who know the balance/equity of the Provider.