Risk warning
Trading forex, CFDs, metals, indices, crypto and other leveraged products carries a high level of risk. You can lose all the money in your trading accounts. Most retail traders lose money. Only trade with money you can afford to lose.
Copying multiplies results, good and bad
Vuxcopy repeats what your master account does on every copy account. If the master loses, the copies lose too. Copying to several accounts, or with a multiplier above 1, makes losses bigger as well as profits.
Copies are never perfect
Copied trades can open at a different price from the master because of spreads, slippage, commission, broker execution speed and the distance between servers. Lot sizes are rounded to what each broker allows, so a copy may be a little bigger or smaller than the exact proportion. Some trades may not copy at all, for example if a symbol doesn't exist at the other broker, the market is closed, or the broker rejects the order.
Things that can stop copying
- Your computer or VPS switching off, sleeping or losing internet.
- MetaTrader closing, logging out or having AutoTrading turned off.
- Broker outages, requotes, margin limits or account restrictions.
- Problems with our servers or, for cloud copying, the connection service we use.
If the master goes offline, Vuxcopy deliberately leaves copied trades open rather than closing them, because closing every trade at a bad moment can be worse. Check your accounts and use stop losses.
Protection has limits
Equity protection, daily loss limits, maximum lot size and maximum open trades are checked several times a second, but they act on the price at the moment they are checked. In fast markets or over weekends prices can jump past a limit, so the real loss can be bigger than the limit you set.
Prop firms and brokers
Many prop firms have rules about copy trading, EAs, consistency and trading the same strategy on several accounts. Breaking them can cost you the account or a payout. Check the rules of every firm before you copy.
No advice
Vuxcopy is a tool. Zedapex does not give investment advice, does not recommend any trade, strategy, broker or prop firm, and does not manage money. Past results, including any examples on this website, do not guarantee future results.