Understanding what happens when a signal provider archives their signal is crucial for both signal providers and investors. This guide explains the archive process, its consequences, and what you need to know.
What Happens When a Signal Provider Archives Their Signal
When a signal provider voluntarily applies to archive their signal, they enter an inactive state and are no longer active in the social trading community. This decision has several important implications for all investors currently following that signal.
Automatic Closure of Investor Positions
Critical Information: When a signal provider archives their signal:
All positions of investors following that signal will be closed at the current or next available market price
All subscriptions to that signal will be automatically and forcibly canceled
Investors will no longer be able to follow this archived signal
Important Notes:
Position closures happen automatically without requiring investor action
Positions are closed at market prices, which may result in profits or losses
No advance notice is provided to investors before positions are closed
This process is immediate and cannot be reversed once initiated
Irreversible Archive Status
Key Information: Once a signal provider applies to archive their signal, this status is permanent and irreversible. The signal provider cannot reactivate the same archived signal at a later time.
What This Means:
The archived signal becomes permanently inactive
All historical performance data remains visible but the signal cannot accept new followers
The signal provider loses all current followers immediately
Future Signal Provision: If a signal provider wishes to offer trading signals again in the future, they must:
Create a completely new signal from scratch
Build a new trading history starting from zero
Attract followers to the new signal independently
Impact on Investors
If you are currently following a signal that becomes archived, here's what you need to know:
Immediate Effects:
All your open positions copying this signal will be closed automatically
Your subscription to the signal will be canceled
Any Performance Fees owed will be calculated and settled
You will no longer receive trading signals from this provider
Financial Implications:
Positions may be closed at unfavorable market prices
Sudden position closures may impact your overall trading strategy
You may incur profits or losses depending on current market conditions
Recommendations for Investors
If you are currently following a signal that has been archived:
1. Monitor Your Account
Check your Client Portal immediately to confirm position closures
Review your account balance and verify all transactions
Confirm that your subscription has been canceled
2. Review Your Trading Strategy
Assess the impact of the sudden position closures on your portfolio
Evaluate whether you need to adjust your risk management approach
Consider diversifying across multiple signal providers to reduce risk
3. Find Alternative Signal Providers
Browse available signal providers in the FXTRADING.com Trading App
Review performance history, Risk Level, and trading style
Consider following multiple signals to diversify your strategy
4. Contact Support if Needed
If you have questions about position closures or settlements, contact our support team
Reach out via Live Chat in your Client Portal or email [email protected]
Recommendations for Signal Providers
Before deciding to archive your signal, consider:
Impact on Followers:
All your followers will have their positions closed immediately
This may negatively impact their trading results and trust
Consider communicating with your followers before archiving (if possible through external channels)
Permanent Decision:
Archive status cannot be reversed
You will need to start completely fresh if you want to provide signals again
All your current follower relationships will be lost
Alternatives to Archiving:
Consider temporarily pausing trading instead of archiving
Adjust your trading strategy rather than abandoning the signal
Communicate with followers about any planned changes
Frequently Asked Questions
Q: Will I receive advance notice before a signal provider archives their signal?
A: No, the archive process is initiated by the signal provider and positions are closed immediately. FXTRADING.com does not provide advance notice to investors.
Q: Can I prevent my positions from being closed if a signal provider archives?
A: No, position closures are automatic and cannot be prevented. This is why it's important to monitor your followed signals regularly.
Q: What happens to Performance Fees when a signal is archived?
A: Any outstanding Performance Fees owed to the signal provider will be calculated and settled based on the High Water Mark at the time of archiving.
Q: Can an archived signal be reactivated?
A: No, once a signal is archived, it cannot be reactivated. The signal provider must create a new signal if they wish to continue.
Q: How can I protect myself from sudden signal archiving?
A: Diversify by following multiple signal providers, regularly monitor your followed signals, and maintain appropriate risk management practices.
Related Topics
Understanding signal provider performance metrics
How to choose reliable signal providers
Managing multiple signal subscriptions
Risk management in social trading
Need Assistance?
If you have questions about signal archiving or need support:
Live Chat: Available through your Client Portal
Email Support: [email protected]
Help Center: Browse our comprehensive guides on social trading
Our support team is here to help you navigate signal provider changes and optimize your social trading experience.