Can I use Copy Trading Software?

2 min. readlast update: 01.10.2024

We encourage independent traders and thinkers who can manage our capital. Therefore, Copy Trading is allowed only if you are copying from your personal trading account into our funded account or from our funded account into other external accounts.

However, you will need to provide proof of this further down the line, showing the statement of the trading account you are copying from (the Master Account) to match with the funded account you have with us. 

So, you must prove to us that “you” can trade and not others.

Copy trading is prohibited in the following cases:

Copying others: Copying other traders’ trades using Social Trading Tools or other copy trading softwares or using challenge or evaluation pass services.

Caution with Third-Party EAs: When buying an EA online, multiple traders can end up using the same EAs, resulting in mirrored trading activity and/or copy trading, where the same trades are taken on more than 2 accounts.

Specifically, there's a heightened risk that these EAs might inadvertently breach our rules against copy trading. To mitigate this risk, if you choose to use a third-party EA, it's crucial to make personalized adjustments to the set files or its settings. By customizing entry and exit points, you ensure that your trading strategy remains unique, even if the EA is widely used. This step is essential not only to comply with our guidelines but also to uphold the integrity and fairness of the trading environment. 

We strongly encourage this practice to all traders utilizing third-party EAs to avoid potential compliance issues and maintain the uniqueness of their trading strategies. 

In such a case, we would contact you and let you know to terminate using such activity. Failure to terminate the copy trading activity will result in the termination of your funded account with no prior notice.

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