How to become a cTrader strategy provider

If you’re looking to monetise your trading skills, becoming a strategy provider on cTrader is a great way to generate additional income and take your trading to the next level. In this guide, we’ll explore everything you need to know to become a strategy provider, including:

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• What a strategy provider is
• Requirements to become a strategy provider
• How to create a strategy provider profile

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What is a strategy provider?

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A strategy provider is a trader who shares their strategies, enabling cTrader users to automatically replicate their trades. As a strategy provider, you can earn commissions based on the performance and volume of the trades that others copy. You have control over your earnings by setting your own commission rates, allowing you to profit from your expertise while helping those who may lack the time or knowledge to trade on their own.

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By showcasing your expertise and building a strong reputation, you can establish yourself as a skilled trader within the community and attract a loyal following.

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Requirements to become a copy trading strategy provider

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Any cTrader account holder can become a strategy provider, enabling them to share their trading strategies and earn fees from other traders. However, only users with hedging accounts can offer strategies for copying; netting accounts are not eligible. Only hedging accounts are supported on the Deriv platform.

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To qualify as a strategy provider, you must meet the following criteria:

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• Maintain a positive account balance
• Have at least one open position
• Execute at least one deal within the last 72 hours
• Achieve a higher all-time ROI than -90%

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Fee charging depends on your account type and membership status:

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• Full Membership: You can charge fees for strategies copied by live accounts.
• Demo Membership: Only allows you to offer strategies free of charge.

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Verify your membership type before starting to provide strategies. The 'FM' icon denotes Full Membership, while the 'DM' icon signifies Demo Membership.

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Setting up your strategy provider profile

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To begin offering your strategy for copying, follow these steps:

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1. Click on ‘Copy’ and choose the account you want to use as a strategy provider.

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2. Click on 'Become a Strategy Provider' in the upper right corner of the account profile.

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3. In the opened window, you will need to specify:
   1. Strategy name: The name of your strategy that will be displayed to investors in the strategy list. Once created, the strategy name cannot be changed. It must be unique, should not exceed 80 characters, and should not contain special characters. Numbers and Latin letters are acceptable.
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   2. Conditions:
      1. Min investment: The minimum amount of funds required for investors to start copying the strategy. Input the number or use toggles.
      2. Performance fee: The amount investors will pay the strategy provider based on the percentage of the net profit they have made using the High-Water Mark (HWM) model.
      3. Management fee: The amount you will charge your investors for managing their funds (up to 10% of the investors's equity).
      4. Volume fee: The amount you will charge your investors per one million of volume in USD (up to USD 10).
      5. Allow copying for: Choose if you wish to allow copying for live accounts only, or for both live and demo accounts. This setting cannot be changed while providing the strategy.
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   3. Visibility:
      1. Visible for: Choose who can see and copy your strategy, everyone or traders with the invitation link only.
      2. Show positions to: Choose who can see your open positions, everyone, only your investors, or no one.
      1. Description: Add a description to your strategy. Use the formatting panel to customise the text, and add images and links. This description will be displayed to your investors on the strategy page.
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4. Click ‘Become a Strategy Provider’ to finalise your setup.
    

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You can modify your strategy at any time by selecting the ‘Strategy Settings’ button located to the right of the strategy summary. Some settings can only be adjusted once the strategy is stopped; these options will remain inactive if the strategy is currently active. 

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To stop sharing your strategy, click ‘Stop Providing Strategy’ in the upper right corner of the strategy summary and confirm your action. After stopping, you can restart the strategy by pressing ‘Restart Providing Strategy’ in the strategy summary or by clicking ‘Save and Restart Providing Strategy’ at the bottom of the ‘Strategy Settings’ window.

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Strategies are automatically deleted if they meet two conditions: 

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• They are older than 30 days
• They have either had no deals or been set to ‘Stopped’ for the last 30 days

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Become a cTrader strategy provider today

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Becoming a strategy provider offers a unique opportunity to showcase your trading expertise and assist others in achieving their financial goals. With careful planning, effective risk management, and ongoing engagement with your followers, you can establish a solid reputation and potentially earn a significant income. 

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Start by opening a free demo account today to master the process and become a successful strategy provider with confidence!