> ## Documentation Index
> Fetch the complete documentation index at: https://docs.hextrade.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Setting up Copy Trading

> Manage multiple accounts simultaneously with different risk profiles. Create copy-trade groups with master and follower accounts.

# Setting up Copy Trading

Copy trading on Hextrade lets you efficiently manage **multiple accounts with different risk profiles** from a single dashboard. One account acts as the **master** — any trade it makes is automatically replicated across all **follower** accounts in the group.

Visit [**dash.hextrade.io/copy-trade-groups**](https://dash.hextrade.io/copy-trade-groups) to get started.

***

## Key Features

<Columns cols={2}>
  <Card title="️ Risk Multipliers" icon="sliders">
    Set a **risk multiplier** per group based on the master account's position size. Control how aggressively followers scale their trades.
  </Card>

  <Card title=" Descriptive Groups" icon="file-text">
    Add detailed **descriptions** to each group — document the origin, logic, or strategy behind the account grouping.
  </Card>

  <Card title="️ Custom Grouping" icon="folder">
    Create as many groups as your plan allows, each with a **unique name** and distinct risk profile.
  </Card>

  <Card title=" Automatic Execution" icon="bolt">
    Trades placed on the master are **instantly replicated** to all active followers — no manual intervention required.
  </Card>
</Columns>

***

## ️ Creating a Copy Trade Group

<Steps>
  <Step title="Go to Copy Trade Groups">
    Visit [dash.hextrade.io/copy-trade-groups](https://dash.hextrade.io/copy-trade-groups) and click **"Add Group"**.
  </Step>

  <Step title="Enter a group name">
    Give your group a distinctive, memorable name that reflects the strategy (e.g. "NQ Scalp — Low Risk" or "Tradovate Primary").
  </Step>

  <Step title="Add a description (recommended)">
    Use the description field to document the strategy's logic, source, or any notes for future reference. This is especially useful when managing multiple groups.
  </Step>

  <Step title="Select the master account">
    Choose the **master account** — this is the account whose trades will be copied to all followers. It should be the account running your main algorithm or strategy.
  </Step>

  <Step title="Add follower accounts">
    Select one or more **follower accounts**. These can be accounts across different brokers (all must be connected — see [Trading Accounts](/automated-trading/trading-accounts)).
  </Step>

  <Step title="Set the risk multiplier">
    Define the **risk multiplier** for each follower:

    * `1.0` = same position size as master
    * `0.5` = half the size (lower risk)
    * `2.0` = double the size (higher risk)

    <Warning>
      Always tailor the multiplier to each account's available capital and prop firm rules. Running a high multiplier on a funded account can lead to rule violations.
    </Warning>
  </Step>

  <Step title="Save and activate">
    Click **Save**. Set the group status to **Active** to begin copying trades immediately.
  </Step>
</Steps>

<img src="https://files.gitbook.com/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVlYdG7Nw4ugPHrwrTpjn%2Fuploads%2F00PjYG4mtakuieDVcdQC%2FCopyTrade.gif?alt=media&token=6ef47733-c19e-4e25-96e3-b5081d3ddf8f" alt="Setting up copy trade groups on Hextrade" />

***

## Managing Groups

Once a group is created, you can:

| Action                    | How                                                                        |
| ------------------------- | -------------------------------------------------------------------------- |
| **View**                  | Open a group to see the master, followers, trade history, and stats.       |
| **Activate / Deactivate** | Toggle the group on or off. Deactivated groups stop copying trades.        |
| **Edit**                  | Change the name, description, master, followers, or risk multiplier.       |
| **Delete**                | Remove the group entirely (with confirmation). Followers are not affected. |

***

## What You'll See on the Copy Trade Page

At the top, summary stats give you a quick overview:

* **Total groups** — How many groups you've created.
* **Active groups** — Groups currently copying trades.
* **Total followers** — Combined follower count across all groups.
* **Success rate** — Average % of copied trades that closed in profit.

The groups table lists each group with its master account, follower count, status (active/inactive), success rate, and total P\&L.

***

## Tips for Effective Copy Trading

<Tip>
  Use **different risk multipliers** across follower accounts to diversify risk. For example, run 0.5x on your most sensitive funded account and 1.0x on a personal account.
</Tip>

<Tip>
  Pair copy trading with [Trading Analytics](/automated-trading/trading-analytics) to monitor group performance and catch any issues early.
</Tip>

<Note>
  Follower accounts must be on a **supported platform**. Not all broker combinations support cross-platform copying — verify compatibility on the [Trading Accounts](/automated-trading/trading-accounts) page.
</Note>