Tooling and execution
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.
GFN’s figure
GFN may permit copying trades between accounts that you personally own. Copying another trader's trades, allowing another trader to copy or manage your account, and coordinated group trading are prohibited - as are third-party challenge-passing and account-management services.
- Between your own accounts
- May be permitted within the rules
- Another trader's trades
- Prohibited
- Someone managing your account
- Prohibited
In detail
Copy trading,explained
The line every firm draws is ownership. The person whose analysis produced the trade has to be the person who owns the account, because the evaluation is an assessment of that person.
Copying between your own accounts also concentrates risk rather than spreading it: identical positions across several accounts means one bad session affects all of them at once.
Related
Terms thatcome with it
Most rules only make sense next to the ones they interact with. These are the entries this one depends on.
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.
Account sharing
Letting someone else trade your account, or trading an account belonging to someone else. It defeats the purpose of an assessment of an individual, and it is prohibited everywhere in the industry without exception.
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.
Maximum allocation
The ceiling on how much simulated capital one trader may hold across every account with a firm. It is the real limit on how large a trader can get, and it is often lower than the largest account on sale suggests.
Prohibited trading
Activity a firm bans because it targets the trading environment rather than the market. It covers exploiting errors and pricing delays, coordinated trading between accounts, and third-party account management.
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.
No subscriptions or hidden fees
Payouts every 14 days
$400,000 max total allocation