Wallets are subdivisions within an account, created with the purpose of organizing and separating trades according to different strategies. This allows for individual tracking of positions, results, and details for each approach.
Additionally, wallets are essential for the functionality of features such as Strategy Automation, Order Replicator, and Copy Trading. As an example, each automated strategy operates within its own wallet, making it possible to use these systems independently and in a structured way.
Relationship Between Wallets and the Main Account
All orders sent from a wallet are also reflected in the Main Account. However, the reverse does not apply: orders executed directly in the Main Account are not routed to any wallet.
In the example below, a market buy order was sent from Wallet1, and on the right, we see the impact on the Main Account. When the purchase is executed, a position is opened in both Wallet1 and the Main Account. However, if the position is closed from the Main Account, Wallet1 still retains the open position.
This behavior illustrates one of the main characteristics of wallets: only orders sent directly within a wallet are considered when calculating its position.
Situations like the one described above are often interpreted as unexpected behavior, since the main account appears to be closed while the wallet still shows an open position. However, this is the expected and intended behavior of the system. If the user wants to close the position in a specific wallet, it is necessary to perform wallet balancing.