Live market ticker scrolling. Instruments tracked: EUR/USD, GBP/USD, USD/JPY, Gold, S&P 500, Bitcoin. Live prices are provided by TradingView. Use the pause ticker button to stop the motion.

FXSpreadMeterFXSpreadMeter

FXSpreadMeter Education

Copy Trading Settings Explained

When you copy a trading strategy, you can choose how the system determines the trade volume on your account. The three main options are Multiply, Autoscale, and Fixed.

This lesson explains each setting with worked examples, shows how a Risk Ratio changes the final volume, and includes a live calculator so you can see the copied size before you enable copying.

Beginner levelEstimated reading time: 7–9 minutesManaged investing in Risk & Trading

Forex and CFD trading involves significant risk. This material is educational and does not constitute investment advice or guarantee trading results.

Settings names vary between platforms

Settings names can vary from broker to broker. Once you create your social trading follower account, the same concept covered below may appear under a different label depending on the platform. If you're not familiar with the platform, contact their support team, or check the notes the strategy provider has posted alongside their settings.

When you copy a trading strategy, you can choose how the system determines the trade volume on your account. The three main options are Multiply, Autoscale, and Fixed. Your choice determines how large your copied trades will be compared with the trades opened by the strategy provider.

Important

These settings control trade volume and therefore can affect your trading risk. They do not guarantee that your results will be the same as the provider's results.
FXSpreadMeterEducation

Copy Trading Settings

See how Multiply, Autoscale, and Fixed change your copied trade size.

Your copy settings control trade volume, not risk guarantees. The same provider trade can become a different size on your account depending on which setting you choose.

Provider opens

1.00 lot

Multiply ×2

You copy

2.00 lots

Provider opens

1.00 lot

Autoscale ($1,000 / $10,000)

You copy

0.10 lot

Provider opens

1.00 lot

Fixed 0.50

You copy

0.50 lot

  • Multiply

    Scales the provider's volume by your chosen factor

  • Autoscale

    Scales volume to match the relative size of your account

  • Fixed

    Always uses your predefined lot size, regardless of the provider's trade

  • Risk Ratio

    An extra multiplier applied on top of any of the three methods

REAL DATA. CLEAR INSIGHTS. BETTER TRADING.fxspreadmeter.com

Section 1

Multiply

Multiply copies the provider's trade volume and multiplies it by a number that you choose.

Copied Volume = Provider Volume × Multiplier

SettingProvider TradeYour Trade
Multiplier 0.51 lot0.5 lot
Multiplier 11 lot1 lot
Multiplier 21 lot2 lots
Multiplier 31 lot3 lots

Multiply allows you to increase or decrease the provider's trade volume by a fixed factor.

Section 2

Autoscale

Autoscale adjusts the copied trade size according to the relative size of the provider's and follower's trading accounts. The system compares the selected account value — usually Balance or Equity — and calculates a proportional trade volume.

Copied Volume = Provider Volume × (Follower Compared Value ÷ Provider Compared Value) × Risk Ratio

Compared Value can be Balance or Equity, depending on the platform.

Worked example

  • Provider balance: $10,000
  • Follower balance: $1,000 (10% of the provider's account)
  • Provider opens 1.00 lot
  • Follower copies approximately 0.10 lot (with a Risk Ratio of 1)

Why use it

Autoscale is designed to make the trade volume proportional to the size of the two accounts.

  • Provider $10,000 → 1 lot
  • Follower $1,000 → 0.10 lot

The follower isn't simply copying the same absolute lot size.

Section 3

Fixed

Fixed uses the same predefined trade volume for every copied position, regardless of the volume opened by the provider.

Worked example

  • Fixed Volume = 2 lots
  • Provider opens 0.50 lot → you copy 2.00 lots
  • Provider later opens 1.00 lot → you still copy 2.00 lots

Fixed = You specify the lot size that will be used for copied trades.

Section 4

Quick comparison

SettingHow copied volume is calculatedExample
MultiplyProvider volume × multiplier1 lot × 2 = 2 lots
AutoscaleProvider volume adjusted according to account sizes1 lot × ($1,000 ÷ $10,000) = 0.10 lot
FixedUses the predefined lot sizeProvider trades 0.5 lot → You trade 2 lots

Section 5

Understanding the Risk Ratio

Some copy-trading configurations also include a Risk Ratio. The Risk Ratio acts as an additional multiplier on the calculated trade volume.

  • 0.10 lot × Risk Ratio 2 = 0.20 lot
  • 0.10 lot × Risk Ratio 0.5 = 0.05 lot

Final Copied Volume = Calculated Volume × Risk Ratio

Calculator

Copied volume calculator

Change any number to see the copied trade size on your account update instantly. Illustrative only — your platform's rounding and minimum volume rules still apply.

Your copied volume

2.00 lots

Formula used: 1.00 × 2 × 1 = 2.00

Section 6

Which setting should I choose?

There is no universally correct setting. The appropriate configuration depends on your account size, the strategy, your desired exposure, and your own risk tolerance.

Multiply

Useful when

Useful when you want your trades to follow the provider's sizing decisions, scaled up or down by one fixed factor you control.

Example

Multiplier 2 → provider opens 1 lot → you copy 2 lots.

Autoscale

Useful when

Useful when your account is much smaller or larger than the provider's and you want the copied size to stay proportional to your own account.

Example

1 lot × ($1,000 ÷ $10,000) = 0.10 lot.

Fixed

Useful when

Useful when you want every copied position to be the same size, independent of the provider's own sizing decisions.

Example

Provider trades 0.5 lot → You trade 2 lots.

Risk notice

⚠️ Copy trading involves significant risk. A provider's historical performance does not guarantee future results. The actual outcome of a copied trade can differ from the provider's result because of account size, execution, spreads, slippage, leverage, trading conditions, and your selected copy settings. The Multiply, Autoscale, Fixed and Risk Ratio settings determine how trade volume is calculated; they do not guarantee a particular level of profit or risk. Never choose a setting solely because it produced better results in the past. Understand how the setting affects your position size before enabling copy trading.

Compare the brokers behind these settings

Which sizing modes and risk controls you get depends on the broker hosting the strategy. Compare platforms before you enable copying.

FXSpreadMeter Education

Written by: FXSpreadMeter Editorial Team

Last reviewed: 29 September 2026

This lesson is general educational information produced in-house. It is not personal advice, not a recommendation, and it has not been reviewed by an external financial adviser. Trading leveraged products carries a high level of risk to your capital.

Recommended brokers

Ranked by our weighted research scores across all categories.

Compare Best Overall

Rankings reflect our own research scoring. Some links are partner links.

FXSpreadMeter Ratings

Top Rated Forex Brokers 2026

Compare highly rated brokers across trading costs, platforms, regulation and overall conditions.

FP Markets logo

Rank #1

FP Markets

Rating

8.8 / 10

Best for
Shares and FX in one place
Why it ranks here
FP Markets pairs raw-spread FX pricing with direct-market-access share dealing, so cost-sensitive traders and multi-asset investors can work from one account group. Five platform choices, ASIC oversight and a $100 entry point make it our strongest all-round pick this quarter.
IC Markets logo

Rank #2

IC Markets

Rating

9.4 / 10

Best for
Raw-spread trading
Why it ranks here
IC Markets is built around cheap execution rather than hand-holding. If you already know how you want to trade and value platform choice, the Raw Spread tier is one of the more compelling cost structures available. Read the entity disclosure carefully: the leverage headline you see may come from the offshore arm rather than the ASIC-regulated one.
XM Group logo

Rank #3

XM Group

Rating

8.6 / 10

Best for
New traders
Why it ranks here
XM is a sensible starting point rather than a cost leader. The tiny minimum deposit, deep education library and responsive support suit traders still finding their footing; once volume grows, the Standard account's spread-only pricing starts to look expensive next to raw-spread rivals.
eToro logo

Rank #4

eToro

Rating

8.4 / 10

Best for
Copy trading
Why it ranks here
eToro trades execution cost for accessibility. The social layer and multi-asset account are genuinely useful if you want to follow others or hold equities alongside FX, but active intraday traders will feel the spread and miss MetaTrader.
XTB logo

Rank #5

XTB

Rating

8.8 / 10

Best for
Traders who prefer a single proprietary platform
Why it ranks here
XTB is a listed international broker running its own xStation platform, with a research and education layer that suits traders who prefer one integrated interface.
Capital.com logo

Rank #6

Capital.com

Rating

8.4 / 10

Best for
Newer CFD traders who want guided tools
Why it ranks here
Capital.com combines a clean proprietary platform with MT4 access and an in-app learning layer aimed at newer CFD traders.

Affiliate disclosure: FXSpreadMeter may receive compensation from some broker partners when users register through links on our website. This does not guarantee a broker's suitability or performance. Trading involves significant risk.