iCopy

iCopy Derivative

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Can I choose to copy the current iTrader portfolio?

Yes. You have two options for copying:

  • New order
  • Current portfolio of iTrader
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Can I transfer oddlot stocks from my iCopy sub-account to another sub-account?

You may transfer oddlot stocks to either a Regular or Margin account. However, it is not permitted to transfer oddlot stocks to a different iCopy account.
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How do I cancel my Derivatives iTrader role? How long does it take to take effect? How long will it take me to rejoin the program after a successful cancellation?

You need to close all positions. Sau đó vào mục iWealth Partner, xem mục iCopy phái sinh và chọn Hủy vai trò. The role will be canceled immediately upon successful operation. You can register to become an iTrader again after 01 business day.

 

 
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Is it possible for me to concurrently serve as a stock iTrader and a futures iTrader? How can I register for this?

Yes. You are required to meet the following conditions:

  • Possess an activated derivative account.
  • Do not have any open positions and/or pending orders.
  • Register as an iTrader Derivative in the iWealth Partner section, or in the iCopy Derivative section.
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Where can I check the copy fee that I will receive?

This function is under development for Derivative iTraders to view this in the Derivative iTrader interface.
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Am I able to view the iCopiers who are currently copy my trades?

Yes.
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What should I keep in mind regarding different trading methods as an iTrader?

  • The deposit/withdrawal process and order placement remain the same as the regular Investor interface.
  • However, it’s important to note that iTrader is only allowed to trade within the Whitelist, which consists of the nearest expiry VN30 Index Futures contract. Additionally, on the expiration date, iTrader can trade two types of contracts with the nearest expiry dates.
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What are the responsibilities and fees associated with iTrader?

Fees/taxes similar to standard trading, please click here for more detail
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What benefits will iTrader have?

iTrader is entitled to Management Fee and Investment Efficiency Fee, details here. The fee is paid in iXu on the 15th of each month.
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How to register as a Derivatives iTrader?

The following conditions need satisfying:

  • – Be an iWealth Partner.
  • – Have an activated derivatives account.
  • – No open positions and/or pending orders.
  • – Register to become an Derivatives iTrader in the iWealth Partner section, under Derivative iCopy.
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What should iCopier do if iTrader cancels their program enrollment?

iTrader can only cancel enrollment when they have no Copier or have closed all positions. In the event that iTrader has closed all positions and canceled their enrollment, the system will send notifications to iCopiers.
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After cancel copying, how will the asset handling process be executed?

The system will close all open positions, collect replication fees, and transfer funds from VSD back to the derivatives sub-account.

 
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How can I cancel copying? How long does it take to cancel copying?

To stop copying, please navigate to the iCopy section and initiate the “Stop Copying” process. The copying suspension will be finalized once the system has closed all positions (if any), transferred funds back to the derivatives sub-account, and settled any outstanding obligations, including replication fees.
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iTrader registers for automatic margin withdrawals, will the system also automatically enable this feature for iCopiers?

No.
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Can I actively close positions while copying?

No, there is no time limit. You can only actively execute trades when you are no longer an iCopier.
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Will unmatched orders on the same trading day be canceled?

Yes, the orders will be canceled.
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Will the iCopier’s derivatives sub-account face forced position closure by TCBS if it violates the margin ratio?

Yes, even if the iTrader’s account maintains the required margin ratio.
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What happens to the iCopier’s account when iTrader violates the margin ratio and faces forced position closure?

Hệ thống cũng sẽ sinh lệnh đóng vị thế tương ứng của iCopier, dù có thể iCopier chưa chạm ngưỡng xử lý đóng vị thế bắt buộc.
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Where will the profits from my copied positions be deposited and can these profits be combined to increase the copy value?

Yes. Any profits (if applicable) will be credited to the derivatives sub-account at the start of the next trading day. When the accumulated amount in the derivatives sub-account reaches 1 million VND, the system will automatically transfer the margin to VSD (at 8 AM) to enhance the Copier’s replication value.
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How should I deposit additional funds for iCopy derivatives?

There are two methods:

  1. Customer access the iCopy section and select “Invest More” to increase the copy value. This is the most efficient way and provides the quickest boost to your account’s purchasing power.
  2. Customers deposit funds into their derivative sub-account: At the start of the trading day, the system will automatically transfer funds (minimum of 1 million Vietnamese dong) from the derivative sub-account to the derivative margin account at VSD to enhance the copy value.
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Are there any limitations on the number of replicated derivative iTraders?

No. You can only replicate a single iTrader at a time. If you intend to switch to a different iTrader, please complete the discontinuation of copying the current iTrader before registering for a new one.