Third-party copy trading risk

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4.3 rating
MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.
5.0 rating
The5ers Funding Traders & Growth Program launched in 2016, aiming to provide full-time traders with higher capital than ordinarily available to them. They are passionate and dedicated to this profession. The5ers are an officially registered UK company based in London while their headquarters are located in Israel.
4.0 rating
TradingFunds takes great pride in offering a state-of-the-art prop trading experience that fills the void experienced by numerous traders worldwide. Having established a verifiable history of delivering success to traders, they have earned a reputation as a reliable ally for traders across the globe.

Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.

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