You can change the Copy Mode of an existing subscription in UM Copy Trading Pro through your Copier settings. The new Copy Mode applies only to future copied positions, while existing copied positions retain their original lot sizes.
How do I change my copy mode?
Follow these steps to update your Copy Mode:
- Log in to Ultima Markets Copy Trading Pro.
- Go to the Copier tab.
- Find the subscription you want to update.
- Select Manage → More Settings.
- Choose your preferred Copy Mode.
- Click Update to save your changes.
Important: Changing your Copy Mode does not adjust the lot sizes of existing copied positions.
Will changing my copy mode affect my trading fees?
No. Changing your Copy Mode does not change the applicable trading fee rates or fee structure. However, your total trading costs may vary if the change results in different copied position sizes or trading volumes.
The following charges may still apply:
- Spread: The difference between the buying and selling prices.
- Commission: Trading commission, where applicable.
- Swap: Overnight financing charges, where applicable.
- Profit Sharing: Fees charged on copied trading profits, where applicable.
These charges depend on your trading account and the Signal Provider's conditions, not your selected Copy Mode.
What should I check before changing my copy mode?
Before updating your Copy Mode, consider the following:
- Understand the different Copy Modes: Review how each mode calculates copied position sizes.
- Check your available margin: Different Copy Modes may result in larger or smaller copied positions, affecting your margin requirements.
- Review your existing positions: Changes only apply to new copied positions; existing positions retain their original lot sizes.
For more information about the available Copy Modes and how they work, refer to “How Do Different Copy Modes Work in Ultima Markets Copy Trading Pro?”
