Using Replikanto as a trade signal provider

This article explains how to use Replikanto to distribute your trades as a signal provider to followers on other machines over the internet, what you need in place before you start, how credits are consumed, and the limitations you should plan for.

How signal providing works with Replikanto

Replikanto can be used to copy trades from your own trading (on a leader account) to a group of other accounts (follower accounts) over the internet. This is accomplished through the Replikanto Remote Mode or Remote Copy feature. When using Remote Mode, trades can be copied between Replikantos running on different computers via the internet, and orders are replicated from the leader account to multiple follower accounts.

A remote node is a Replikanto running as a Remote Follower that has a Replikanto Remote ID in the format @REP-XXXX-XXXX. There is no coded limit on the maximum number of remote nodes per leader.

What you need before you start

A valid license on every installation: the leader and each follower Replikanto must have an active license. Licenses are personal and tied to a single Machine ID, so they cannot be shared or transferred between people — each follower needs their own.
Credits on the leader machine: credits are required only for the leader Replikanto that sends the trades. Followers do not need credits to receive them.
A stable internet connection on both the leader and the follower machines.
Each follower's Remote ID: you register the follower's @REP-XXXX-XXXX ID in your node list on the leader. See How can I find my Replikanto Remote ID?

Followers who are still evaluating Replikanto can receive your trades during the 7-day trial period — the trial includes all product features with no limitations, so they can test the follower side before buying a license.

How credits are consumed

Credits pay for sending trades between machines over the internet. Only the sender pays.

1 credit per submitted order, multiplied by the number of remote nodes. Sending 1 trade to 2 remote nodes uses 2 credits. Sending 1 trade with 2 OCO exit orders (take profit and stop loss) to 3 remote nodes uses 9 credits.
Only order submissions consume credits. Price changes, quantity changes and order cancellations do not debit credits.
Credits are personal and non-transferable, and they are tied to a specific Replikanto Remote ID. When purchasing, you must supply the Remote ID of the installation the credits should be assigned to.
Every user receives 20 initial credits for testing Remote Mode before purchasing more.

To check your balance, right-click on the left side of the Replikanto window and select Refresh Credits. You can buy more on the Remote Credit product page, and see What is the cost per trade to send trades to another Replikanto? for pricing details.

Downsides of copying trades over the internet

Here are the main limitations to plan for when acting as a remote signal provider. A fuller discussion is available in The challenges of using remote copy trading.

Requires credits: credits are necessary to send trades between Replikantos on different machines when using the internet as the communication channel. Credits are only needed for the leader Replikanto machine; remote followers do not use credits to receive trades.
Increased latency and slippage: remote copy can add a delay to your trades. While local network copy might add between 50 to 500 milliseconds, remote copy over the internet can add between 100 to 1000 milliseconds delay. This increased latency depends on the quality of the internet connection and the location of the servers used. In volatile markets, this delay can exacerbate slippage, meaning the follower's orders may not fill at the exact same price as the leader's.
Accounts can become out of sync: due to potential delays, disconnections, or order rejections on follower accounts, Replikanto does not guarantee position or order synchronization between leader and follower accounts. An account may have an order rejected that was executed on the leader side, causing accounts to become out of sync. Large profit and loss differences between the leader and a follower can result.
Partial fills: in volatile markets, trades might be partially filled or not executed at all on remote follower accounts while being fully executed on the leader account.
Need for manual monitoring: because discrepancies and out-of-sync situations can occur, it is the responsibility of the remote leader (signal provider) to inform the remote nodes of the leader's positions and active orders to ensure that all nodes are in sync.
Potential communication loss: communication over the internet can be delayed or, in rare cases, lost. If a remote node is detected as "away" (it did not receive the trade, or received it with an error), new attempts will be made, but the trader is informed so they can take action. It is recommended to turn off remote nodes that are away until the problem is resolved, to avoid using up credits without the copy being delivered.
Node blindness: through Replikanto, the leader cannot see the positions and active orders of the remote nodes, so there is no way to know whether they are all synchronized with the leader. Remote nodes are likewise unable, through Replikanto, to know whether there are open positions or active orders on the remote leader's side.
Follower Guard limitations: some actions of the Follower Guard feature are not available in remote mode and will not work, because remote nodes do not receive position information or active orders from the leader.
Broker API rate limits: brokers impose API rate limits that can be reached easily when using trade copiers, which may cause orders to freeze. Check the applicable limits with your broker.
Margin: make sure every account — leader and remote follower alike — has sufficient margin to place and receive the trades.

It is important to remember that even when copying locally, slippage can occur due to market volatility and the broker's internal processing delays (such as quantity checks, risk analysis, and order tunneling). Remote copying adds another layer of potential delay.

Keeping your followers informed

Because remote nodes do not receive position information or active orders from the leader, proactive communication is essential. As the signal provider you should tell your remote nodes:

The leader's current position and any active orders
Which instrument will be traded
The size of the trades
Any other detail the remote nodes need in order to follow along

We recommend using an instant messaging platform such as Telegram with your remote Replikanto nodes; YouTube can also be used to broadcast this information.

Compliance Mode restriction

Remote & Network Copy is a standard Replikanto feature, but it is removed in Replikanto Compliance Mode. While Compliance Mode is active, sending or receiving trades between two separate Replikanto installations is not possible, so acting as a signal provider is not possible either. Outside Compliance Mode, whether copying trades into someone else's account is permitted is entirely up to that account's own broker or prop firm — always confirm their rules directly. See Can I Copy Trades to Someone Else's Account?

Before you go live

Test the full setup with Sim accounts on all remote nodes — we recommend at least a month of testing before trading live.
Use a high-quality internet connection or a VPS, and choose a broker with low latency and a robust connection.
Give your remote followers clear instructions on how to connect their accounts.
Set expectations up front about slippage, out-of-sync situations, and the other risks described above.

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