Copy trading

Copy trading

Copying someone means copying their risk settings. The numbers to ask for before you do.

Desktop terminalXAU/USD · H1 · our schematic, not a capturemarket watchXAU/USDXAG/USDEUR/USDGBP/USDUSOILBTC/USDxau/usd · h1TARGETENTRYSTOPopen positionXAU/USD0.10 lot · buystopsetswapnightlyp/lrunningCloseMargin was locked when this opened, and is released when it closes.
On a phonexau/usdpriceliveM15H1H4D1W1SELLmarketBUYmarketposition0.10 lotstop set · alert onModifyOne tap is a real order.
Two accounts, one set of decisions. What is copied is the risk setting, not the judgement.

What you are buying when you copy somebody

You are not buying their skill. You are buying their risk settings — the size they take, the leverage they hold, how long they sit in a loss — applied to your money at whatever fraction you set.

Which means a strategy that suits an account ten times the size of yours can be the wrong strategy on yours, while being exactly the same trades.

What we have not measured, and will not pretend to

We publish no leaderboard and no provider ranking. We have not audited anybody's track record, and a list of top traders assembled from screenshots is worth less than nothing, because it looks like evidence.

What can be checked is the account the copying happens in — which entity holds it, under which licence, and what a round trip costs there. That is the part of this decision with documents behind it, and it is the part we do publish.

The number to ask for is not the return

Ask for the deepest drawdown and how long the account stayed under water. A curve that doubled and halved twice on the way is a different product from one that ground out the same end figure, and only the second one is survivable at your size.

Then run it on your own balance: what would that drawdown have cost you, at the size you plan to copy at? The profit calculator turns the percentage into money, which is the only form worth judging.

Execution and funding

Run the numbers, then trade gold on FxPro

FxPro offers MT4, MT5, cTrader and its own app for XAU/USD, with funding from the Philippines through GCash or bank transfer. FxPro is licensed by the FCA (UK) and CySEC, not by the SEC of the Philippines, so understand the entity and the risk before you fund.

FAQ

Common questions

Whose risk am I taking on when I copy a gold trader?

You take on the strategy's risk, not the trader's account size or their tolerance for drawdown. If they run 0.50 lots per trade and you copy with a small balance, the same percentage move hits you far harder. Set your own lot multiplier and stop copying when the drawdown exceeds what you planned for.

What should I ask for before copying a gold strategy?

Ask for the full track record including drawdown, the average hold time, whether stops are used, and how the strategy behaves during US data releases. Gold is volatile, so a record that only shows winning months tells you little; you need the losing sequences and the maximum peak-to-trough fall.

Does copy trading remove the need to understand position sizing?

No. Copy trading automates order placement, not risk. You still choose the multiplier that maps the trader's lots onto your balance, and that choice decides your margin use and loss per trade. Our position size calculator helps you set a multiplier where a normal stop is a small fraction of your equity.

How does copying a gold strategy affect my margin?

Every copied position consumes margin in your own account, so several open trades can lock more capital than one. At the applicable cap, a 0.10-lot gold position needs about $85.50 margin at the reference price, and that scales with the multiplier and the number of trades. Our margin calculator shows the total.

Can I stop copying a trader in the middle of an open gold trade?

It depends on the platform's controls: some close copied positions when you stop, others leave them open for you to manage. Check that setting before you subscribe, because gold can move sharply while you assume you are flat. Decide in advance whether stopping means exiting or simply stopping new entries.