Complete step-by-step guide to setting up automated trade copying in Tradovate.
Tradovate is one of the most popular futures trading platforms, known for its cloud-based infrastructure and competitive pricing. While Tradovate doesn't have built-in copy trading functionality, there are several effective methods to implement copy trading with your Tradovate account.
This guide will walk you through the best approaches to copy trades in Tradovate, from simple manual methods to fully automated solutions.
Method 1: Professional Trade Copier (Recommended)
Use a dedicated copy trading platform like Tradesyncer that connects to Tradovate via API. This provides fully automated execution, real-time trade replication, and advanced risk management features.
Method 2: Webhook Integration
Connect TradingView alerts to Tradovate using webhook services for semi-automated copying. This requires technical setup and offers limited features compared to professional solutions.
Method 3: Manual Copying
Manually replicate trades across multiple Tradovate accounts or follow signal providers. This method is time-consuming, prone to errors, and not scalable for serious trading operations.
Here's how to set up professional copy trading with Tradovate using Tradesyncer:
Step 1: Create Your Tradesyncer Account
Sign up for a free 7-day trial at Tradesyncer. No credit card required to start. This takes about 30 seconds.
Step 2: Connect Your Tradovate Account
Generate API credentials in your Tradovate account and connect it to Tradesyncer. Log into your Tradovate account, navigate to Settings → API Access, create new API credentials, copy the API key and secret, then enter these credentials in the Tradesyncer dashboard. This process takes 2-3 minutes.
Step 3: Configure Copy Settings
Set up your copy trading parameters by choosing the leader account (source of trades), selecting follower accounts (destination), setting position sizing rules (fixed, ratio, or percentage), configuring risk limits and filters, and enabling or disabling specific instruments. This setup takes about 5 minutes.
Step 4: Start Copy Trading
Activate the copy trading system and monitor performance. Click "Start Copying" to activate, monitor real-time trade replication, view performance analytics, and adjust settings as needed. Once activated, trades will be automatically replicated in milliseconds.
When using a professional copy trading solution with Tradovate, you get access to advanced features that ensure reliable and efficient trade replication:
Risk Management: Position size scaling, maximum drawdown limits, daily loss limits, and instrument filtering help protect your capital across all accounts.
Execution Control: Sub-100ms latency, slippage protection, order type mapping, and time-based filters ensure your trades are executed precisely as intended.
Multi-Account Support: Unlimited followers, cross-broker copying, account grouping, and individual settings allow you to manage complex trading operations efficiently.
Analytics & Reporting: Real-time dashboards, performance metrics, trade history, and detailed reports give you complete visibility into your copy trading performance.
Prop Firm Traders: Manage multiple funded accounts efficiently by copying trades from your main account to all prop firm accounts simultaneously.
Fund Managers: Execute trades once and have them automatically distributed across all client accounts with appropriate position sizing.
Individual Traders: Scale successful strategies across personal accounts or follow professional traders while maintaining full control.
Trading Groups: Share strategies within a trading group where members can choose to follow specific traders or strategies.
To ensure successful copy trading with Tradovate, follow these essential guidelines:
Start with a demo: Test your copy trading setup with a demo account before going live to ensure everything works as expected.
Use proper position sizing: Don't copy trades 1:1 if account sizes differ significantly. Scale positions appropriately to match risk levels.
Monitor latency: Ensure your copy trading system has low latency for futures markets where milliseconds matter.
Set risk limits: Always use maximum loss limits and position size caps to protect your accounts from unexpected market moves.
Regular reviews: Periodically review performance and adjust settings as needed to optimize your copy trading strategy.
Ready to implement professional copy trading with your Tradovate account? Here are your next steps:
Tradovate Trade Copier - Learn about our specialized Tradovate copy trading solution with advanced features and low latency execution.
Free 7-Day Trial - Try professional copy trading with no credit card required and see the difference it makes to your trading operation.
Futures Trade Copier - Explore copy trading solutions for all futures markets, not just Tradovate.
Questions? Check our copy trading guide or contact our support team for personalized assistance.