Upcomers allows traders to participate in copy trading from another Upcomers account, proprietary firm, or retail broker, as long as the accounts belong to the same individual. This implies that you can replicate trades from any account(s) that you personally own.
Additionally, the use of automated trading tools such as bots and emulators is strictly prohibited. All trades must be placed by you directly. You are allowed to replicate your own trades across multiple accounts you personally own, but copying trades between accounts owned by different individuals is not permitted.
Nevertheless, copying trades between multiple accounts owned by different individuals, including relatives, family members, or friends, is strictly prohibited.
This includes accounts owned by family members, friends, or other traders, regardless of the relationship.
In case a significant portion of your trades closely mirrors those of one or multiple traders in terms of parameters such as Opening Price, Closing Price, lot size, lot ratio, symbols, etc., Upcomers employs an automated flagging system to identify such trades. If a flag is triggered on your account, it will undergo a manual review.
Traders are permitted to use the same Expert Advisor as others, but it is imperative for each trader to ensure that their trading parameters are distinctive, aligning with their individual trading style and account. If multiple traders using the same expert advisor exhibit identical trading parameters, and similar trades are detected among them, it will be regarded as copy trading.
Traders must also ensure that their trading strategies and risk management practices are unique to avoid being flagged for copy trading.
Copy trading, account management, and services like "pass your challenge" are strictly prohibited. Traders are expected to conduct independent trading.
Examples of prohibited services include account management services, automated trade copying, and "pass your challenge" services.