Replikanto’s Terms of Use

You must agree with this terms in order to use Replikanto.

  • It is your sole responsibility to monitor positions and orders of all follower accounts (local and remote) to ensure positions are closed and orders are cancelled. if there is a discrepancy then you need to manage, cancel, close any positions as you deem necessary.
  • You must ensure there is sufficient margin in all accounts to place and receive trades.
  • The use of cross order functionality when using for a larger tick value instrument may cause a profit or loss greater than the leader account make sure to monitor this.
  • The Ratio Method for copying should be extensively studied and tested on sim accounts before using it on live, as depending on the ratio value, it can generate contract amounts lower than zero, causing the trade to not be copied or being able to generate quantities of exit orders different from the position quantity.
  • When using the remote copy or broadcast functionality, take into account that all trade information, such as Machine ID, Replikanto ID, Account ID and all order data (order id, instrument, order type, quantity, etc), will be transmitted over the internet to another Replikanto. Only secure connections are used, including http(s) and ws(s) protocols. Communication can in some cases be delayed or, in remote cases, be lost. By utilizing this functionality, you will be aware that no loss incurred, due to any type of failure, can be attributed to FlowBots or its developers.
  • When you are a broadcast follower, make sure you have agreed with the broadcaster trader (leader) on the instrument and number of contracts that will be sent. The transmitter (leader) will not know the status (position or opened orders) or any account information of the followers, it will not be able to guarantee the synchronization of the follower accounts with the leader account, in short trades will only be sent by leader, without any feedback. It is the follower’s responsibility to keep Replikanto listening in broadcast mode to receive trades at any time, otherwise trades or order changes will not be received, which may cause profit or loss.