The documentation for cTrader Copy uses the following terms:
cTrader Copy. A social trading service within the cTrader platform that allows traders to choose from hundreds of successful cross-broker strategies and copy them automatically in real time.
Strategy provider. A trader who registers a strategy inside the cTrader Copy service.
Strategy fees. Predefined fees that a strategy provider takes from their investors.
Investor. A trader who allocates a certain amount of funds to replicate the trades performed by the strategy provider.
Broker/White Label (WL). An entity whose main purpose is to segregate accounts registered on the same plant. As such, it can refer to different White Labels or jurisdictions. By default, a plant has just one White Label but new White Labels can be added on request with no restrictions.
Collateral balance. A special ledger the main purpose of which is to ensure that a broker can always pay the fees its investors owe to any and all strategy providers registered with other brokers.
If you have access to the cBroker back office, you can learn more about collateral balance by watching the ‘How to Interpret Data from the Collateral Application’ video available in the Home application.
Broker CRM. Broker’s backend software for managing business operations, including account creation, deposits, withdrawals and KYC procedures. User registration and authorisation are required for all actions performed in this software.
Broker’s client area. An online portal where traders undergo registration and interact with brokerage services, integrated with the broker’s CRM system.
cTrader backend. Software developed by Spotware Systems Ltd for managing operations within cTrader applications, including account creation, user authorisation and more.
SSO. A single-entry authentication flow that allows traders, once registered in the broker’s client area, to seamlessly access the cTrader Copy service and other products while staying on the broker’s website, without needing to log in to the trading platform.
One-time code. A code requested by the broker’s CRM, generated by the cTrader backend, and valid for 60 seconds. Since this code can only be used once, the cTrader application exchanges it for a token.
Token. An authentication token used to authorise a user whenever a relevant request is received from the cTrader backend or platform.
Environment. A dedicated trading server that is itself an instance of the backend solution provided by Spotware. Environments can have any naming; our generic setup includes one demo and one live environment.
Plant. A collection of several environments. In most cases, one plant contains all environments managed by a single broker.
Plant mode. A configuration that defines the availability of certain strategies to investors as well as the availability of the Copy service in general.