FAQs
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Copy Trading
Copy Trading is a feature that allows clients to automatically replicate trading activities executed by selected strategy providers within their own trading account. When the strategy provider opens, modifies, or closes a position, the same action may be mirrored proportionally in the follower's account, subject to the client's chosen settings and available funds.
Please note that copy trading involves significant risk and does not guarantee profits. The value of investments can go down as well as up, and past performance is not a reliable indicator of future results.
The copy trading service is provided through Pelican Exchange Europe (“Pelican”), a third-party technology platform. To access the service, you will be required to register and maintain an account with Pelican and accept the relevant terms and conditions applicable to the platform.
Once your Pelican account has been established you can then link your Forex.com trading account, to any available strategy provider, to follow their trading activities, subject to the platform’s available features.
Please note that Pelican provides the copy trading services, whereas Forex.com, provides only execution services, according to its MiFID II license.
Yes. Copy trading carries the same market risks as any other form of trading. Even experienced strategy providers can incur losses due to changing market conditions, volatility, or unforeseen events.
Clients should carefully assess whether copy trading is appropriate for their investment objectives, financial situation, and risk tolerance. It is important to understand that selecting a strategy provider with strong historical performance does not guarantee future success.
Yes. You remain the owner and controller of your trading account at all times. You can choose which strategy providers to follow, determine the amount you wish to allocate, modify your settings, stop copying a strategy provider, or close positions manually, subject to the platform's functionality.
Copy trading is a tool designed to assist clients in accessing trading strategies, but all investment decisions and outcomes remain the responsibility of the client.