HUNTX
Look beyond provider count
Adding another provider does not automatically create independent exposure. Strategies may trade the same instruments, use similar signals or respond to the same market conditions. Review the positions and behaviour behind each relationship before assuming that a larger collection of providers offers a more balanced portfolio.
Define allocation boundaries
Set the amount available to each relationship and a limit for the combined portfolio. Consider how open positions interact with available margin and how account currency affects the comparison. Keep the allocation policy separate from a short-term performance ranking so that changes follow a consistent decision process.
Observe behaviour together
Review overlapping activity during ordinary sessions and periods of stress. Do positions tend to open or close at the same time? Are several strategies exposed to the same currency direction? These observations can reveal shared risk that is less obvious when each provider is viewed on its own profile page.
Revisit the plan periodically
Allocation is a policy to review, not a one-time setting. Record the assumptions behind it, choose review dates and define when an unexpected concentration deserves attention. Use demo observations where appropriate and keep pause controls accessible. Historical differences between strategies do not guarantee that they will remain independent in the future.
Continue with our guide to reading provider performance without promises.
Reference: FCA explanation of copy trading.