Futures trading involves substantial risk of loss and is not appropriate for all persons. You may lose some or all of the funds deposited in your trading account and may be required to deposit additional margin. Do not trade with money you cannot afford to lose.
CopyTrade is a software automation tool only. It does not provide investment advice, trade signals, or financial recommendations. It does not make any trading decisions. All trading activity is directed solely by you through signals you configure and parameters you set. The fact that execution is automated does not reduce your risk — it means losses can accumulate rapidly if your strategy or settings are incorrect.
This document does not disclose all risks. Please read it in full and seek independent financial advice before using automated trading software.
CopyTrade is a webhook signal relay and order automation tool. It is software that:
CopyTrade is not a broker, investment advisor, commodity trading advisor (CTA), commodity pool operator (CPO), or any type of financial services provider. It is not registered with the CFTC, NFA, SEC, or any other regulatory body in any capacity. It does not hold, manage, or have custody of your funds at any time.
You are solely responsible for every trade executed through your connected accounts. Automation does not transfer legal or financial responsibility.
Futures trading carries inherent risks that exist independently of any automation software. These include but are not limited to:
Futures contracts are leveraged instruments. You control a large notional position with a relatively small margin deposit. While leverage amplifies potential gains, it equally and proportionally amplifies potential losses. Losses can exceed your entire account balance and may trigger margin calls requiring additional deposits.
Futures prices are subject to rapid, unpredictable movements caused by economic data releases, geopolitical events, central bank actions, supply and demand changes, and market sentiment. No strategy performs consistently in all market conditions.
During periods of extreme volatility, low-volume sessions, or market disruptions, you may be unable to exit a position at an acceptable price or at all. Bid-ask spreads may widen significantly, increasing your effective trading costs.
Markets may open significantly higher or lower than the previous close due to overnight news, weekend events, or trading halts. Such gaps can bypass stop-loss orders, resulting in fills at prices substantially worse than your intended exit level.
If your account balance falls below the minimum margin requirement, your broker may liquidate your positions without prior notice and without your consent, potentially at a significant loss. Automated systems can accelerate margin depletion if unchecked.
Automated trading introduces additional risks beyond those of manual trading. You must understand and accept these risks before using CopyTrade.
The automated order transmission chain involves multiple technology components, each of which may fail:
Any failure in this chain may result in trades not being placed, positions not being managed, or risk controls not functioning as configured. You are responsible for monitoring your accounts and maintaining the ability to manually manage positions at all times.
There is always a time delay between signal generation and actual order fill. This delay includes signal transmission time, server processing time, broker API transmission time, and exchange matching time. During this delay, market prices may move substantially. You may receive fills at prices materially different from the price at signal generation. This is an inherent characteristic of internet-based automated trading and is not a defect.
Automated systems can execute many trades and accumulate significant losses without human intervention if market conditions change dramatically or if your strategy encounters conditions for which it was not designed. You must monitor your automated trading activity regularly and be prepared to intervene immediately. CopyTrade provides an emergency stop function for this purpose.
Incorrect configuration of position sizing, take-profit levels, stop-loss levels, maximum loss limits, or other parameters may result in unintended trading behavior and losses larger than you anticipated. You are solely responsible for verifying your configuration before enabling live trading.
The performance of any trading strategy executed through CopyTrade depends entirely on the quality and appropriateness of that strategy. CopyTrade does not evaluate, verify, endorse, or guarantee any strategy. A strategy that performed well historically may perform poorly going forward. Past performance is not indicative of future results.
CopyTrade copies signals from a source you designate (such as a TradingView strategy). CopyTrade has no knowledge of, and makes no representation about, the quality, accuracy, risk profile, or suitability of any signal source. You are solely responsible for evaluating any strategy you use as a signal source.
When copying signals to multiple accounts, execution results may differ between accounts due to differences in account balance, buying power, broker-specific fill conditions, and the sequential nature of multi-account order transmission. You may receive different fill prices, partial fills, or missed fills on different accounts for the same signal.
A strategy sized and risk-managed for one account size may be inappropriate for accounts of different sizes. Using fixed lot sizes or position multipliers that are not calibrated to each account's balance and risk tolerance may result in outsized losses on some accounts.
If you use CopyTrade with prop firm evaluation or funded trading accounts, you are solely responsible for ensuring that your use of automated trading software complies with your prop firm's rules and restrictions. Many prop firms:
CopyTrade accepts no responsibility for violations of prop firm rules, account suspensions, loss of evaluation status, or forfeiture of funded account status resulting from your use of the Service. You must independently verify that your intended use of CopyTrade is permitted by your prop firm before connecting any funded account.
CopyTrade interfaces with your brokerage account through official broker-provided APIs. CopyTrade is not affiliated with, endorsed by, or responsible for any broker. Specifically:
Your primary contractual relationship for order execution is with your broker, not with CopyTrade.
CopyTrade makes no representation, warranty, or guarantee of any kind regarding trading performance or outcomes. Specifically:
To connect Tradovate accounts, CopyTrade requires your Tradovate username (email), password, CID, and API Secret. This is a technical requirement of the Tradovate authentication API — unlike some brokers, Tradovate does not offer a standalone API token that works independently of login credentials.
⚠ What this means: You are storing full brokerage login credentials with a third-party software service hosted on cloud infrastructure. While these credentials are encrypted at rest using AES-256, no encryption system is unconditionally secure. You must weigh this risk carefully before connecting any account.
To reduce your exposure:
For TopstepX and Apex accounts, connection uses a platform-generated API key only — full login credentials are not required or stored for these brokers.
Futures trading in the United States is subject to oversight by the Commodity Futures Trading Commission (CFTC) and self-regulatory oversight by the National Futures Association (NFA). Trading futures may also be regulated in your country of residence.
CopyTrade LLC is a software company. It is not registered as a Commodity Trading Advisor (CTA), Commodity Pool Operator (CPO), Futures Commission Merchant (FCM), Introducing Broker (IB), or in any other regulated capacity with the CFTC, NFA, or any other regulatory authority.
You are responsible for understanding and complying with all laws and regulations applicable to futures trading in your jurisdiction.
Futures trading may have significant tax implications that vary by jurisdiction and individual circumstances. CopyTrade provides no tax advice. You are responsible for consulting a qualified tax professional regarding the tax treatment of your trading activity, including any activity automated through CopyTrade.
Before using automated trading software and before trading futures contracts, we strongly recommend you:
By using CopyTrade, you acknowledge and confirm that:
If you do not understand or do not accept any part of this Risk Disclosure, do not use the Service.