--- title: "Tooling and execution - Glossary - Get Funded Now" description: "10 prop trading terms defined, with GFN's own figure where one applies. Automation, copy trading, hosting and latency - what is permitted on a GFN…" url: "https://getfundednow.com/glossary/category/tooling" language: "en" last_modified: "2026-09-22" publisher: "Get Funded Now (getfundednow.com)" translations: es: "https://getfundednow.com/es/glossary/category/tooling" pt-BR: "https://getfundednow.com/pt-br/glossary/category/tooling" fr: "https://getfundednow.com/fr/glossary/category/tooling" it: "https://getfundednow.com/it/glossary/category/tooling" de: "https://getfundednow.com/de/glossary/category/tooling" disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds." --- Glossary category # Tooling and execution 10 tooling and execution terms, defined and then priced against GFN's published rules. Every entry states GFN's own figure for the term, with the programme it applies to. Automation, copy trading, hosting and latency - what is permitted on a GFN account and what counts as exploiting the environment. [All 176 terms](https://getfundednow.com/glossary) · [Rules handbook](https://getfundednow.com/rules) 10 terms ## Every term in this category Every entry states GFN's own figure for the term, with the programme it applies to. - [Algorithmic trading](https://getfundednow.com/glossary/algorithmic-trading) - Trading decisions and execution driven by code rather than by a person. It covers everything from a single automated entry rule to a fully systematic strategy running unattended. - [API trading](https://getfundednow.com/glossary/api-trading) - Placing and managing orders programmatically through an interface rather than by hand. It is how custom systems, risk monitors, journals and analytics tools connect to an account, and it carries the same rules as manual trading. - [Copy trading](https://getfundednow.com/glossary/copy-trading) - Replicating trades from one account to another automatically. Copying between your own accounts is a scaling tool; copying another person's trades, or letting them trade yours, is a different activity entirely. - [Expert advisor](https://getfundednow.com/glossary/expert-advisor) - A program that places trades automatically according to coded rules. It executes a strategy without a trader present, which removes hesitation and removes judgement at the same time. - [High-frequency trading](https://getfundednow.com/glossary/high-frequency-trading) - Automated trading at very high order rates and very short holding periods, measured in seconds or less. It depends on infrastructure rather than analysis, and it is not what a retail prop account is built for. - [Latency](https://getfundednow.com/glossary/latency) - The delay between an action and its effect - an order leaving your machine and reaching the venue, or a price leaving the venue and reaching your screen. Measured in milliseconds. - [Latency arbitrage](https://getfundednow.com/glossary/latency-arbitrage) - Trading on a price that is known to be stale because a faster feed has already moved. It profits from a delay in the environment rather than from any view about the market, and it is prohibited industry-wide. - [Tick scalping](https://getfundednow.com/glossary/tick-scalping) - Taking positions for a handful of ticks at a time, often held for seconds. Where the profit comes from a pricing lag rather than a market view, firms treat it as exploiting the environment. - [Trade copier](https://getfundednow.com/glossary/trade-copier) - Software that mirrors orders from a source account to one or more destination accounts, scaling position size to each. It is the mechanism behind copy trading and multi-account management. - [VPS](https://getfundednow.com/glossary/vps) - A rented always-on server used to run trading software continuously. It keeps an automated strategy running through a local power cut, a lost connection or a closed laptop. The other categories [Drawdown and risk limits20](https://getfundednow.com/glossary/category/drawdown) · [Evaluations and accounts26](https://getfundednow.com/glossary/category/evaluations) · [Payouts and money19](https://getfundednow.com/glossary/category/payouts) · [Trading mechanics28](https://getfundednow.com/glossary/category/mechanics) · [Strategy and performance23](https://getfundednow.com/glossary/category/strategy) · [Tooling and execution10](https://getfundednow.com/glossary/category/tooling) · [Instruments and markets18](https://getfundednow.com/glossary/category/instruments) · [Sessions and events14](https://getfundednow.com/glossary/category/sessions) · [Industry, legal and operations18](https://getfundednow.com/glossary/category/industry) Ready when you are ## Your capital stays yours. The risk is ours. One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes. [Start your challenge →](https://getfundednow.com/challenges) · [Read the rules](https://getfundednow.com/faq) No subscriptions or hidden fees Payouts every 14 days $400,000 max total allocation --- Source: https://getfundednow.com/glossary/category/tooling Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt