At Tycoon Funded, we allow the use of trade copier bots, but with clear guidelines to ensure compliance with our platform's rules. While the use of trade copiers is permitted under certain conditions, we want to emphasize that the use of such tools must follow the guidelines for personal trading accounts only.
What Is Allowed?
You are allowed to use trade copier bots or programs under the following circumstances:
Between Your Own Funded Accounts: You can copy trades between accounts that you personally own and control, such as virtual Tycoon Funded accounts or external accounts that are registered under your name.
Note: Copy trading between evaluation accounts is prohibited; it is only allowed for funded accounts. At the time of passing your evaluation, you have the option to merge your virtual funded accounts into one, or you may select a master account and copy your trades between the virtual funded accounts.
Personal Strategy: All trades must originate from your own analysis and strategy. Using a trade copier to replicate your own trades across different accounts is acceptable as long as the trades are based on your own trading decisions.
Prohibited Copy Trading Practices
While trade copier bots are allowed, the use of copy trading to replicate other traders' strategies is strictly prohibited. Any of the following actions will be considered violations of our terms:
Copying Trades from Other Traders: Replicating trades, strategies, or orders from other traders is not allowed. This includes copying trades that are placed in similar time frames or that are identical in nature to trades made by others.
Using Identical EA Settings: It is not allowed to use the same Expert Advisor (EA) settings as other traders. Each trader must have unique EA parameters configured for their account.
Third-Party Services: The use of third-party account management, or "pass your challenge" services is strictly forbidden. These services are considered to be outsourcing trading decisions, which violates our platform's rules.
Copy Trading Evaluation Accounts: Traders may not pass multiple evaluation accounts through copy trading. Each account must be traded individually. This does not apply to accounts in the virtual funded stage.
Risks of Violating Copy Trading Rules
Any attempt to use trade copiers to copy another trader’s strategy or violate the above guidelines will result in the breach of your account. This means that any simulated profits will be forfeited, and your account may be permanently deactivated. In some cases, a ban from the Tycoon Funded platform could also occur.
By following these guidelines, you can effectively use trade copiers to manage multiple accounts while staying compliant with Tycoon Funded’s rules. For further clarification, please refer to our Help Center or contact support.